Bitcoin News

Strategy (previously MicroStrategy) has unveiled a new initiative to raise up to $21 billion by issuing shares, with the goal of expanding its Bitcoin holdings.

BBVA has made a significant move into the cryptocurrency space, gaining approval from Spain’s securities regulator, CNMV, to offer Bitcoin and Ether trading.

Jeff Park from Bitwise predicts that President Trump will hold off on further Bitcoin purchases until the price nears $60,000.

Bloomberg’s senior commodity strategist, Mike McGlone, has suggested that Bitcoin’s price could fall to as low as $70,000.

Utah recently advanced its “Blockchain and Digital Innovation Amendments” bill, HB230, to include Bitcoin in the state’s legal framework, yet a pivotal section was revised before its final passage.

Fundstrat’s Tom Lee believes Bitcoin could emerge as Wall Street’s most lucrative asset as the U.S. moves toward recognizing BTC as part of its financial reserves.

Michael Saylor, the founder of Strategy, has put forward an ambitious plan for the U.S. government to secure up to 25% of Bitcoin’s total supply over the next decade.