Mt. Gox Moves Over $170M in Bitcoin to New Addresses
Mt. Gox has transferred approximately $172.5 million worth of Bitcoin to an unfamiliar wallet shortly after the cryptocurrency reached a record high of $108,000.
Mt. Gox has transferred approximately $172.5 million worth of Bitcoin to an unfamiliar wallet shortly after the cryptocurrency reached a record high of $108,000.
Riot Platforms has recently acquired over 5,000 BTC in just a few days, bringing its total holdings to 16,728 BTC worth approximately $1.68 billion.
Nasdaq announced on Friday that MicroStrategy, a company that has experienced a rapid increase in its shares due to its investment in Bitcoin, will now be included in the tech-heavy Nasdaq-100 Index. This change will take effect before the market opens on Dec. 23.
On Thursday, the Texas House of Representatives introduced a bill to create a strategic Bitcoin reserve, allowing the state to start building a reserve by collecting taxes, fees, and donations in Bitcoin.
At a city council meeting on Tuesday, the Canadian city of Vancouver unanimously passed a motion to explore becoming a Bitcoin-friendly city.
According to the leading cryptocurrency index fund manager, Bitwise, Bitcoin, the flagship cryptocurrency, could potentially reach $200,000 in 2025
Changpeng Zhao, the former CEO of Binance, spoke at the Bitcoin MENA conference held in Abu Dhabi about the likelihood of China establishing a strategic reserve of Bitcoin.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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