The Tokyo-based company started buying Bitcoin as a "core treasury reserve asset" last year.
As Bitcoin flirts with near-term lows under $80,000, Fundstrat co-founder and managing partner Tom Lee believes the digital asset is setting up for a strong second half of the year.
The Trump family expands its crypto involvement with Bitcoin mining. Hut 8 owns 80%, supplying mining machines and hosting operations.
Bitcoin (BTC) fell 4.29% last week, but the bulls started a recovery by pushing the price back above $83,500 on March 31. However, traders are likely to remain on edge until April 2, when new US trade tariffs are set to kick in.
The publicly-traded Bitcoin (BTC) mining company Hut 8 is partnering with US President Donald Trump's family to form a new mining subsidiary called American Bitcoin.
Comparing current price action with past performances, Ethereum, the second-largest crypto asset, seems to have witnessed its worst-ever first quarter as it draws closer to its end. However, many investors are expressing interest in ETH's prospects again, purchasing the asset in huge chunks.
Bitcoin ETFs recorded a second consecutive week of inflows, adding $196 million despite a sharp Friday outflow. Blackrock's IBIT and Fidelity's FBTC led the charge, while ether ETFs saw their fifth straight week of outflows, losing $8.64 million.
The US dollar could lose its status as the world's reserve currency to Bitcoin or other digital assets if the United States does not get its debt under control, according to BlackRock CEO Larry Fink.Fink wrote in his Annual Chairman's Letter to Investors that “decentralized finance is an extraordinary innovation” that makes “markets faster, cheaper, and more transparent.” But “that same innovation could undermine America's economic advantage if investors begin seeing Bitcoin as a safer bet than the dollar.
Elon Musk's SpaceX will send a four-person crew on a polar orbit mission, funded by the founder of the Bitcoin mining pool F2Pool, Chun Wang.
The CEO of the largest asset manager in the world says that the US dollar may be losing its reserve status to Bitcoin (BTC).
Bitcoin begins the week against a backdrop of economic and technical uncertainties. While the symbolic threshold of $82,000 struggles to hold, investors are closely monitoring market signals.
GameStop announced plans last week to buy Bitcoin because it is a “very profitable investment,” according to Ari10 CEO.
California Democrat Avelino Valencia amended the remittance bill by making the rights of owners of bitcoin and other cryptocurrencies the centerpiece of the document.
Long time crypto advocate Miller Whitehouse-Levine is taking on his next endeavour in Washington in launching the Solana Policy Institute.
In a market where attention often gravitates toward hype cycles and meme-driven narratives, some investors are moving differently. Specifically, a number of Ethereum (ETH) whales—wallets holding large quantities of ETH—have begun turning their focus toward a lesser-known but steadily growing DeFi project: Mutuum Finance (MUTM).
Bitcoin Magazine Rhode Island Bill Would Allow State Residents Spend $10,000 Monthly In Bitcoin Tax Free A bill introduced to the Rhode Island Senate would enable the state's residents to spend or sell just under $1,000 in bitcoin 10 times per month without incurring state capital gains taxes. This post Rhode Island Bill Would Allow State Residents Spend $10,000 Monthly In Bitcoin Tax Free first appeared on Bitcoin Magazine and is written by Frank Corva.
The cryptocurrency fell to $81K on Sunday before climbing back to $83K as institutional investors rushed in to “buy the dip.” Bitcoin Climbs Back to $83K After a Tough Weekend The leading digital asset dipped to $81K over the weekend, but news of Strategy (MSTR) and Metaplanet (3350) institutional purchases of $1.92 billion and $13.
Bitcoin price stabilized around $83,400 on March 31, on-course to closing the month at a mild 2% loss, Blackrock CEO, Larry Fink makes a bold prediction that could impact Bitcoin price forecast for April 2025. Bitcoin enters April under bearish pressure as Paul Atkins Faces Congress Scrutiny Bitcoin (BTC) is set to enter April 2025
Bitcoin (BTC) has gone down by 1.5% in the past 24 hours to stand at $81,927. This would be the fourth consecutive day of losses for the top crypto and its sixth red session in the past seventh.
TL;DR Larry Fink warned that Bitcoin could replace the dollar as a global reserve if the U.S. fails to control its debt and the deficit keeps growing. BlackRock manages nearly $50 billion in its Bitcoin ETF. Additionally, its tokenized fund BUIDL could surpass $2 billion in April.
Once-prominent NFT marketplace X2Y2's first chapter is ending after three years—and its second will involve the crossover of AI and crypto.
Bitcoin is slightly green for the day amid a global stock rout a markets wait for Trump's April fools show on Wednesday.
April 2 is shaping up to be a pivotal moment in global trade policy. US President Donald Trump has dubbed it “Liberation Day,” in reference to when new tariffs—exceeding 20%—will hit imports from over 25 countries.
California's AB 1052 introduces sweeping protections for crypto users, legalizing private payments and securing self-custody.
Bitcoin Magazine The MIT Bitcoin Expo 2025: Freedom Tech Don't miss the MIT Bitcoin Expo 2025 this weekend! Organized by the MIT Bitcoin Club, it is a technology and freedom focused Bitcoin conference. This post The MIT Bitcoin Expo 2025: Freedom Tech first appeared on Bitcoin Magazine and is written by MIT Bitcoin Club.
TL;DR Strategy acquired 22,048 BTC for $1.92 billion, bringing its total reserves to 528,185 BTC, representing more than 2.5% of the total supply of the cryptocurrency. The financing came from the sale of class A shares and STRK preferred shares, raising $1.2 billion and $18.52 million, respectively.
BlackRock (NYSE:BLK) CEO Larry Fink raised serious concerns about the long-term health of the U.S. economy, warning that unchecked national debt and growing fiscal deficits could undermine the dollar's dominance as the world's reserve currency. What Happened: In his annual letter to shareholders released on Monday, he cautioned that digital assets like Bitcoin (CRYPTO: BTC) may emerge as a viable alternative if the government fails to rein in spending.
The Trump family is continuing its cryptocurrency efforts, teaming with bitcoin mining firm Hut 8. That company announced Monday (March 31) the launch of American Bitcoin Corp., which will focus on Bitcoin mining and “strategic Bitcoin reserve development.
Blackrock CEO Larry Fink, has issued a stark warning regarding the U.S. dollar's status as the world's reserve currency. In his latest annual letter, Fink emphasized that the U.S. faces significant economic challenges, particularly concerning its growing national debt.
Michael Saylor announced that Strategy purchased nearly $2 billion worth of Bitcoin. This is a massive leap over last week's purchase, which was already quite substantial.
Bitcoin (BTC) ticked higher at the March 31 Wall Street open as traders stayed risk-averse on the short-term BTC price outlook. BTC/USD 1-hour chart.
MARA Holdings has launched a $2 billion stock offering to fund Bitcoin acquisitions, mirroring MicroStrategy's approach.
Ambient raised $7.2 million in seed funding from a16z, Delphi Digital and Amber Group.
What changed in just three months to push Bitcoin from $109K to $82K? Was it just inflation data, or is something bigger happening behind the scenes?
Markets may be approaching a key turning point, according to Fundstrat's Tom Lee, who believes the current conditions could set the stage for a tradable and possibly real bottom. What Happened: Speaking in an interview with CNBC on Monday, the veteran strategist pointed to a confluence of oversold indicators, investor de-risking, and anticipated policy clarity later in the week.
Bitcoin dropped to a near two-week low on Monday, continuing its recent slide as concerns over increased trade tariffs under U.S. President Donald Trump dampened demand for risk assets. Bitcoin fell 1% to $82,045.2, briefly hitting $81,300, as traders reacted to signs of a looming U.S. recession, especially after Goldman Sachs raised the likelihood of an economic slowdown in 2025.
Hut 8 has spun off its mining operation into American Bitcoin, an 80%-owned venture backed by Trump's sons to boost scale and cut capital costs.
As gold soared 20% in Q1, Ethereum collapsed 45%, its worst quarter ever. All eyes are on April 2 for a potential market shift.
The software firm now holds 528,185 Bitcoin.
China's people continue buying Bitcoin and Tether despite bans, leading to dramatic geopolitical consequences - and a hidden yet continued demand factor for Bitcoin.
In a letter to shareholders, the chairman of the world's largest asset manager warned about the soaring U.S. debt and the possible competition that bitcoin poses to the U.S. Dollar.
California is updating Assembly Bill 1052 to give residents more control over their digital assets, including Bitcoin BTC.
As Bitcoin wavers below $85,000, Michael Saylor, an iconoclastic figure in crypto, challenges the turbulence. His company, Strategy (formerly MicroStrategy), has just swallowed up $1.9 billion in the purchase of 22,000 BTC.
Though its path in 2025 is yet unknown, Ethereum has been a prominent player in the crypto scene. As of March 19th, 2025, it is at $1,923, down 27% from last month. Standard Chartered has also lowered its Ethereum 2025 target from $10,000 to $4,000, causing many economists to rethink their assumptions.
Bitcoin is facing pressure, as indicated by the MVRV data, which signals that the coin is currently forming a death cross.
The crypto market started the week in the red as its recent downtrend continued, thanks to growing investor anxiety ahead of Donald Trump's “Liberation Day” tariffs. As a result, the crypto market cap declined further, dropping almost 2% to $2.65 trillion.
Bitcoin Magazine Strategy Buys $1.92 Billion Worth of Additional Bitcoin Strategy continues aggressively stacking sats, acquiring over $1.9 billion worth of additional bitcoin to boost its corporate treasury. The purchase brings the company's total BTC holdings to over 528,000. This post Strategy Buys $1.92 Billion Worth of Additional Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.
Bitcoin has long been called "digital gold," but with trade war tensions escalating during Trump's second term, institutional investors prefer the real precious metal.