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news-imageJanuary 23, 2025

Justin Sun Says WBTC Is US National Bitcoin Reserve in Name

Tron founder Justin Sun has declared that Wrapped Bitcoin (WBTC) has effectively become the United States' national Bitcoin reserve.
Publisher: BeInCrypto
Sentiment: Neutral
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cover-imageTokenpost
April 2, 2025

Bitcoin Rises to $85K Amid Trump Tariff Plans and Mining Investment

Bitcoin bounced back on Tuesday, rising 3.4% to $85,290.2, as broader financial markets showed signs of recovery following a turbulent first quarter of 2025. The worlds largest cryptocurrency had shed about 11% in Q1 and remains 24% below its January peak, weighed down by profit-taking, investor unease over President Donald Trumps crypto strategy, and growing economic uncertainty tied to trade tensions.

Neutral
cover-imageTokenpost
April 2, 2025

Frank Giustra: Bitcoin and Gold Serve Different Roles, Shouldn't Be Compared

Canadian billionaire and mining magnate Frank Giustra has reiterated his stance that Bitcoin and gold fulfill fundamentally different functions, asserting that comparisons between the two are misplaced. Sharing his views on X, Giustra emphasized that Bitcoin has never behaved like gold during market downturns or geopolitical turmoilperiods when investors traditionally seek refuge in gold as a safe haven asset.

Positive
cover-imageCointelegraph
April 2, 2025

GameStop finishes $1.5B raise to add Bitcoin to its balance sheet

Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with some proceeds earmarked for buying Bitcoin.The offering was initially set to raise at least $1.3 billion, but purchasers opted for an additional $200 million aggregate principal amount of notes, GameStop said in an April 1 filing with the Securities and Exchange Commission. "The company expects to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin in a manner consistent with the Company's Investment Policy," GameStop added.

Positive
cover-imageBitcoin
April 2, 2025

BPI Proposes Bitcoin Bonds to Help Pay the $36 Trillion National Debt

The Bitcoin Policy Institute predicts that bitcoin bonds, treasury instruments that invest part of their income in bitcoin purchases, would help the U.S. save over $354 billion in the next ten years without considering the possible upside of BTC's price. Bitcoin Policy Institute Presents Bitcoin Bonds Proposal to Pay the U.S.

Positive
cover-imageBitcoin Magazine
April 1, 2025

Bill That Authorizes Texas Comptroller Invest $250 Million Into Bitcoin Moves To Committee

Bitcoin Magazine Bill That Authorizes Texas Comptroller Invest $250 Million Into Bitcoin Moves To Committee Texas House Bill (H.B.) 4258 authorizes the state's comptroller to invest funds from the state's Economic Stabilization Fund, often considered its “Rainy Day Fund”, into bitcoin and/or other cryptocurrencies. This post Bill That Authorizes Texas Comptroller Invest $250 Million Into Bitcoin Moves To Committee first appeared on Bitcoin Magazine and is written by Frank Corva.

Neutral
cover-imageNewsBTC
April 1, 2025

Bitcoin Stays Down, But Whale Wallets Quietly Climb to 4-Month High

On-chain data shows the Bitcoin whales have seen their population grow recently, despite the bearish action that the price has been facing. Bitcoin Whales Have Seen Notable Growth In Past Five Weeks According to data from the on-chain analytics firm Santiment, whale-sized Bitcoin wallets have recently climbed to their highest point since December of last year.

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