The bitcoin price briefly crossed the $90,000 mark earlier Monday, rallying from $88,000 during Asian trading hours to just above $90,000 in European and US afternoon trading. The surge didn’t last long as the bitcoin price dropped down near $88,000 by the end of afternoon. BTC has displayed a pattern in recent weeks of gaining … Read more
Ethereum treasury company Bitmine has hit a key milestone after its Ether stash surpassed 4 million tokens this week following the firm’s latest $40 million purchase. Bitmine said on Monday that its holdings now sit at over 4.06 million Ether (ETH), with Lookonchain noting earlier in the day that the company bought 13,412 ETH, worth … Read more
The Hong Kong Insurance Authority is reportedly proposing to allow insurance capital allocation to cryptocurrencies and infrastructure projects. Bloomberg reported on Monday that the city’s regulator started reviewing the risk-based capital regime to support the insurance industry and economic development. Crypto allocations would be subject to a 100% risk charge, meaning that the insurer would … Read more
Bitcoin’s hashrate fell 4% over the month to Dec. 15, which could be a positive sign for the cryptocurrency’s price in the months ahead as miner capitulation is “historically a bullish contrarian signal,” VanEck analysts say. “When hash rate compression persists over longer periods, positive forward returns tend to occur more often and with greater … Read more
The Council of the European Union (EU) the European Central Bank’s (ECB) digital euro design, A Friday document outlined the council’s position on the digital euro, including alignment with the ECB on launching online and offline variants simultaneously ECB President Christine Lagarde that t rest with EU lawmakers “It’s now for the European Council and … Read more
2025 was a blockbuster year for Bitcoin (BTC) and the wider crypto market as crypto-friendly legislators platformed growth-focused regulation and Wall Street finally accepted Bitcoin, Ether (ETH), and numerous altcoins as a valid asset class worthy of inclusion in an investment portfolio. The global bid on Bitcoin, Ether and Solana’s SOL (SOL) token was near … Read more
Erebor, the digital bank co-founded by tech entrepreneur Palmer Luckey and backed by billionaire Peter Thiel, has secured a $4.35 billion post-money valuation after raising $350 million in a funding round led by Lux Capital, according to Axios sources. The valuation milestone, which underscores growing institutional appetite for banking models tailored to crypto, AI and … Read more
Crypto treasury company ETHZilla said in a filing with US regulators that it sold part of its Ether holdings to repay outstanding convertible notes amid a broader market downturn. The company disclosed in a filing with the Securities and Exchange Commission the sale of 24,291 Ether (ETH) for $74.5 million at an average price of … Read more
Arizona state Senator Wendy Rogers has proposed two bills and a resolution in an effort to change the state’s laws on taxing digital assets. In legislation prefiled with the Arizona Senate on Friday, Rogers proposed amending state statues to exempt virtual currency from taxation (SB 1044), barring counties, cities and towns from taxing or fining … Read more
Strategy added $747.8 million in net proceeds from the sale of common stock last week to its cash reserves and paused its Bitcoin purchases, as the company rebalances its assets amid the crypto downturn. According to a post by Strategy executive chairman Michael Saylor, the company’s cash reserves now stand at $2.19 billion, while its crypto … Read more