News

Japanese lawmaker urges consideration of Bitcoin reserve in light of US efforts

Japanese lawmaker Satoshi Hamada has called on the government to explore the possibility of integrating Bitcoin (BTC) into its foreign exchange reserves, emphasizing its potential as a strategic asset amid growing global interest in crypto adoption. During a Dec. 11 parliamentary session, Yamada posed questions about Japan’s approach to crypto reserves. He pointed to efforts […]
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Cryptocurrency

VanEck foresees $180k Bitcoin by Q1 2025 in dual-peak bull market

VanEck projected significant developments for the crypto industry in 2025, ranging from a dual-peaked bull market to the US adopting Bitcoin as a strategic reserve asset. The firm’s 2025 predictions report envisions milestones that could redefine the role of digital assets in global finance, driven by regulatory clarity and institutional momentum. Bull market peaks and […]
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Cryptocurrency

Riot Platforms bolsters Bitcoin reserves with $510 million purchase

Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million. According to a Dec. 13 post on the social media platform X (formerly Twitter), the company said the Bitcoin was bought at an average price of $99,669 per BTC, including fees and related expenses. With this acquisition, Riot’s Bitcoin holdings have […]
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Cryptocurrency

Congressman French Hill eyeing comprehensive market structure, IPO rules for crypto industry

Congressman French Hill, the newly elected chair of the House Financial Services Committee, has unveiled plans to tackle crypto regulations and reignite public market growth In a Dec. 13 CNBC interview, Hill emphasized the need to end regulatory confusion that has hindered the growth of digital assets. His priorities mark a shift toward fostering innovation […]
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Cryptocurrency