Crypto Surge Missouri Kentucky Bitcoin Race
NewsBTC: Missouri Representative Ben Keathley proposes a Bitcoin Strategic Reserve Fund under state treasurer control, while Kentucky authorizes 10% excess reserves in crypto. #Update #Crypto $BTC (+4) ↗
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Exposure Soars: KBW Outperform Rating
CoinDesk: @Strategy (MSTR) gains 1% after KBW assigns outperform rating with $560 target, highlighting levered $BTC exposure and potential FASB accounting changes. #Update #Crypto $BTC (+4) ↗
Bitcoin Hits 100K Amid Job Report
NewsBTC: Bitcoin briefly hit $100,000 after the US Bureau of Labor Statistics reported lower-than-expected job growth for January, but it quickly fell back to $98,015. #Update #Crypto $BTC (-3) ↘
Bitcoin Mining: Cleanspark Hits $162M Revenue
Bitcoin.com: @Cleanspark reported $162.3M in Q4 2024 revenue, a 120% increase, with 10,500 BTC reserves and $34,000 mining cost per bitcoin. #Update #Crypto (+6) ↗
Bitcoin Reserve Bills Gain Traction
Decrypt: Maryland and Kentucky propose Bitcoin reserve bills, joining 16 states considering digital asset investments, highlighting bipartisan interest in $BTC as a strategic reserve option. #Update #Crypto $BTC (+6) ↗
Bitcoin Hits Record Exchange Withdrawals
NewsBTC: Bitcoin experiences its largest exchange withdrawals since the FTX collapse, signaling potential market shifts (October 2023). #Update #Crypto $BTC (+4) ↗
Bitcoin Reserves: Kentucky Missouri Join Trend
CryptoBriefing: Kentucky and Missouri propose legislation to establish Bitcoin reserves, joining 14 other states exploring digital asset adoption. #Update #Legal $BTC (+3) ↗
Bitcoin Rejected by Poland Central Bank
Hodl.Press: The National Bank of Poland rejects Bitcoin reserves, citing security and volatility concerns, while the Czech National Bank considers a 5% allocation. #Update #Crypto $BTC (-4) ↘
Bitcoin Legislation Proposed in Three States
CryptoSlate: Maryland, Iowa, and Kentucky propose legislation to establish Bitcoin reserves, joining 17 US states considering $BTC integration into financial strategies. #Update #Legal $BTC (+3) ↗
Decentralized AI Revolution Outshines Bitcoin
CoinDesk: @DCGco’s Barry Silbert invests $105M in decentralized AI, touting it as bigger than bitcoin; highlights @Bittensor with $2.7B market cap. #Update #Crypto (+4) ↗
Bitcoin Steady Amid US Jobs Data
Bitcoin.com: Bitcoin ($BTC) holds steady at $97,783.95 despite fewer-than-expected U.S. job additions, reflecting a cautious market reaction. #Update #Crypto $BTC (→ 0)
Bitcoin Set for Major Upside Surge
DailyHodl: Bitcoin analyst Credible Crypto predicts a 52% rally, targeting $150,000 as BTC enters its fifth bullish wave. Current price: $98,500. #Update #Crypto $BTC (+4) ↗
Bitcoin ETF Proposal Under SEC Review
CoinGape: The US SEC is reviewing @BlackRock’s proposal for in-kind redemptions in Bitcoin ETFs, potentially reducing transaction costs and improving liquidity for institutional investors. #Update #ETF (+3) ↗
Bitcoin Laundering Conviction: Canadian Man Sentenced
Decrypt: A Canadian man was sentenced to 41 months for laundering 450 $BTC, now worth over $43M, after a 2020 conviction for running an unlicensed money-transmitting business. #Breaking #Legal $BTC (-9) ↘