Polish Minister Sławomir Mentzen Advocates for Bitcoin Strategic Reserve and Crypto-Friendly Policies

Polish Minister Sławomir Mentzen Advocates for Bitcoin Strategic Reserve and Crypto-Friendly Policies

Polish politician and presidential candidate Sławomir Mentzen has promised to create a Bitcoin reserve and make Poland more crypto-friendly if elected in 2025. In a post on X (formerly Twitter) on November 17, Mentzen doubled down on his earlier remarks in support of adopting a national Bitcoin reserve, aligning with a proposal from Lech Wilczynski, […]

Marathon Digital Announces $700 Million Convertible Note Offering to Fund Bitcoin Purchases and Corporate Needs

Marathon Digital Announces $700 Million Convertible Note Offering to Fund Bitcoin Purchases and Corporate Needs

Marathon Digital, a leading Bitcoin mining company, has unveiled plans to raise $700 million through a private convertible note offering. The funds will primarily be used to support the purchase of additional Bitcoin (BTC), repay existing debt, and finance general corporate needs. In an announcement on Monday, November 18, Marathon, based in Florida, detailed that […]

Russia Introduces 15% Tax on Bitcoin Mining Profits as New Legislation Moves Forward

Russia Introduces 15% Tax on Bitcoin Mining Profits as New Legislation Moves Forward

Russia is taking further steps to regulate its crypto mining industry, with the government moving forward with draft amendments to tax cryptocurrency mining profits and transactions. These new rules, which were announced by the Ministry of Finance, aim to clarify the tax obligations for cryptocurrency miners and operators of mining infrastructure. According to a report […]

CSPR Breaks Free from Extended Downtrend with 100% Surge

CSPR Breaks Free from Extended Downtrend with 100% Surge

CSPR, the native token of the Casper Network blockchain, saw an impressive rally of over 100% on Monday, reaching an intraday peak of $0.026 on Nov. 18. This marks its highest value in five months, pushing its market capitalization to $250 million. The surge comes amid growing demand from futures traders and a sharp increase […]

OKX Launches Zero-Fee Singapore Dollar Transfers via PayNow, FAST

OKX Launches Zero-Fee Singapore Dollar Transfers via PayNow, FAST

Cryptocurrency exchange OKX has announced a new feature allowing customers in Singapore to deposit and withdraw Singapore dollars (SGD) with zero fees via PayNow and FAST (Fast and Secure Transfers). This move, announced in a press release on November 18, is facilitated by DBS, a major Singaporean bank. With this collaboration, OKX aims to provide […]

Metaplanet Plans to Buy More Bitcoin with $11.7M Bond Issuance

Metaplanet Plans to Buy More Bitcoin with $11.7M Bond Issuance

Japanese investment advisor Metaplanet is set to raise ¥1.7 billion (around $11.7 million) through a bond issuance, aiming to use the funds for further acquisitions of Bitcoin (BTC). This move underscores the company’s strong commitment to the cryptocurrency market, as it continues to expand its digital asset holdings. The Tokyo Stock Exchange-listed firm announced that […]

Bitwise Seeks to Convert $1.3 Billion Crypto Trust into ETP on NYSE Arca

Bitwise Seeks to Convert $1.3 Billion Crypto Trust into ETP on NYSE Arca

Bitwise Asset Management is pushing forward with plans to convert its $1.3 billion Bitwise 10 Crypto Index Fund (BITW) into an Exchange-Traded Product (ETP), filing with NYSE Arca to list the fund and further solidify its position in the growing crypto investment space. Key Developments and Strategic Goals Filing with NYSE Arca: The NYSE Group‘s […]

MicroStrategy’s Bitcoin Holdings Surge to $26 Billion, Surpassing Big Companies’ Cash Reserves

Republican Senator Cynthia Lummis Proposes Selling Fed's Gold to Buy Bitcoin for National Strategic Reserve

MicroStrategy continues to make waves in the corporate world with its massive Bitcoin holdings, which have recently surpassed a value of $26 billion. This impressive figure was achieved following a surge in Bitcoin’s price, which spiked to $90,000 last week. The tech company, known for its bold Bitcoin strategy, now boasts a digital asset reserve […]