Riot Platforms Buys $500 Million in Bitcoin
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.
MicroStrategy is Added to Nasdaq-100 Index
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.
Texas Introduces Bill to Set Up a Bitcoin Reserve
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.
Vancouver Approves Motion to Become a Bitcoin City
At a city council meeting on Tuesday, the Canadian city of Vancouver unanimously passed a motion to explore becoming a Bitcoin-friendly city.
Bitwise: BTC Could Hit $200,000 in 2025
According to the leading cryptocurrency index fund manager, Bitwise, Bitcoin, the flagship cryptocurrency, could potentially reach $200,000 in 2025
Former Binance CEO Says China Will Build a Bitcoin Reserve
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.
Czech Republic Puts Off Implementation of Tax on Crypto Gains
The Czech Republic has enacted a groundbreaking tax reform that will waive capital gains tax on Bitcoin and other digital assets held for more than three years, with the new policy taking effect on Jan. 1, 2025.
