Swiss lawmakers in the Canton of Bern have approved a motion to study Bitcoin mining’s potential to stabilize the energy grid and utilize surplus energy, aiming to enhance renewable energy systems and create job opportunities.
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Category: Bitcoin
XRP Jumps 8% as Bitcoin Recovers to $96K Amid Broader Market Uptick
XRP token soared more than 8% in the last 24 hours, outperforming major altcoins as the market saw a slight broader uptick.
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ETH Co-Founder Charles Hoskinson Predicts Bitcoin Could Hit $500,000 Within 2 Years
Ethereum blockchain co-founder Charles Hoskinson has predicted that Bitcoin could soar as high as $500,000 within the next two years, according to a new video posted this week by the Cardano founder. Hoskinson’s commentary comes shortly after Satoshi Nakamoto-created nearly soared past $100,000 in value just last week.
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On-Chain Data Suggests BTC Could Surpass $100K: CryptoQuant
Bitcoin reached an all-time high of $99.9k, but on-chain data from Crypto Quant suggests the bull market may still have room to run.
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Critics Slam UK Pension Scheme for Adding Bitcoin to Portfolio
Experts have criticized a UK pension scheme for investing in Bitcoin, calling it irresponsible and risky for retirees’ futures.
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SOS Ltd. Stock Soars After $50M Bitcoin Purchase Announcement
SOS Ltd., a commodity trading firm, saw its stock trade higher after the firm announced its Board of Directors approved a $50 million investment to purchase Bitcoin.
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Marathon Adds Another 700 BTC to Holdings, Plans Further Purchases with $160M Reserve
Marathon Digital (MARA) continues to solidify its position as a major Bitcoin holder, adding 703 BTC in November.
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MicroStrategy Lost $30 Billion in Bitcoin Market Dip
Michael Saylor’s MicroStrategy reportedly fell 35 percent from its November 21 peak – effectively wiping $30 billion worth of market capitalization following a recent Bitcoin dip, global capital markets commentary platform The Kobeissi Letter said in a November 26 X post. However, the Virginia-based software firm’s strategy was up nearly 8 percent on Wednesday.
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Long-Term Bitcoin Holders Sold 728,000 BTC in 30 Days – CryptoQuant
The sell-off coincides with Bitcoin’s recent price surge near $100,000, sparking questions about motivations.
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Brazilian Lawmaker Proposes Bitcoin Reserve to Diversify National Assets
Brazilian Congressman Eros Biondini has introduced a bill proposing the creation of a national Bitcoin reserve.
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