Bitcoin News

Norway’s sovereign wealth fund, NBIM, has increased its Bitcoin holdings to approximately $149.48 million, with a total of 2,446 BTC.

The latest US Consumer Price Index (CPI) report shows July’s inflation rate dropping to 2.9%, just below the expected 3%.

Bitcoin’s recent surge to over $60,000 sets the stage for a potentially historic rally, with forecasts pointing to a target of $150,000 by mid-2025.

Robert Kiyosaki, entrepreneur, investor and author of the bestselling personal finance book “Rich Dad, Poor Dad”, has issued a stark warning of an impending economic downturn.

Riot Platforms has increased its stake in Canadian Bitcoin mining company Bitfarms Ltd. to 18.9%, thereby strengthening its influence over the company.

According to data from Glassnode, nearly half of Bitcoin’s total supply has remained flat over the past six months, reflecting strong investor confidence.

The International Monetary Fund (IMF) and El Salvador are making headway towards a deal to address concerns linked to Bitcoin’s use as legal tender.