Bitcoin

Italy’s largest bank Intesa Sanpaolo enters Bitcoin market with initial €1 million investment

Intesa Sanpaolo, Italy’s largest bank, has reportedly entered the Bitcoin market by acquiring €1 million worth of the leading digital asset. This translates to approximately 11 BTC, according to an internal email allegedly signed by Niccolo Bardoscia, the head of the bank’s digital asset trading and investment division. Although Intesa has yet to confirm the […]
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Cryptocurrency

South Korea reconsiders crypto ETFs amid global market shift and demand

South Korea’s Exchange Chairman, Eun-Bo Jeong, has signaled interest in introducing crypto-based exchange-traded funds (ETFs) this year, aligning with global demands for such products. At the Securities and Derivatives Market Opening Ceremony on Jan. 2, Jeong reportedly emphasized the need for innovative financial products to revitalize the country’s capital markets. Jeong highlighted the economic hurdles […]
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Cryptocurrency

Bitcoin genesis block anniversary marks 16 years of financial revolution

The crypto world is celebrating 16 years since Bitcoin’s Genesis block was mined on Jan. 3, 2009. This landmark event not only marked the birth of the top digital asset but also laid the groundwork for today’s digital financial revolution. Origin Bitcoin was created partially in response to the 2008 financial collapse—a time when trust […]
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Cryptocurrency

Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation

Ohio lawmaker Derek Merrin introduced a groundbreaking bill to establish a Strategic Bitcoin Reserve within the state treasury, according to a Dec. 17 statement. The proposed legislation, known as the Ohio Bitcoin Reserve Act, seeks to empower the state treasurer with the authority to invest in Bitcoin, aligning with the growing trend of adopting it […]
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Cryptocurrency