News

About 47 nations have improved access to Bitcoin since 2020.

The company spent roughly $2.1 billion to add 21,550 bitcoins to its stash that has now grown to 423,650 BTC, and is worth close to $41.5 billion at current prices. MicroStrategy now controls over 2% of the 21 million bitcoin that will ever exist.

Bermuda is emerging as a hub for crypto and DeFi innovation, offering a sophisticated regulatory framework that has attracted companies like GRVT, the first regulated decentralized exchange, and Kraken, which launched its global derivatives venue there. This highlights how smaller, agile nations can bridge cutting-edge financial technologies with robust compliance, setting a precedent for fostering trust and legitimacy in the digital asset space.

Amazon ranks fourth on the S&P 500, boasting a market cap of $2.38 trillion.

Shareholders of Amazon (AMZN) have submitted a proposal to add Bitcoin to the balance sheet. The shareholders of the e-commerce giant are urging the company to learn from MicroStrategy (MSTR), which heavily invested in Bitcoin, resulting in an increase in its share price.

President-elect Donald Trump plans to make America a leader in the cryptocurrency space, through investments and “sensible” regulations.

Bitcoin has crossed the historic $100,000 mark and is now hovering near $99,000. This surge in the leading cryptocurrency has injected renewed optimism across the crypto market, signaling broader acceptance and growth in the sector. Let’s dive into other cryptocurrencies worth watching this week.