Bhutan gov’t sells $66M of Bitcoin stash as price tops $71K
Bhutan holds another $886 million worth of Bitcoin, which could introduce more selling pressure, as the country has been mining and holding Bitcoin for over five years. Go to Source
Bitcoin Adoption
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Emory University holds $15M in Bitcoin ETFs: filing
It’s the first United States university endowment to report holding Bitcoin ETFs, according to Bloomberg. Go to Source
Bitcoin stuck under $67K despite rising demand from retail, institutions
Despite rising interest from both institutional and retail investors, the Bitcoin price has been unable to rise above the $70,000 psychological mark since July 29. Go to Source
MicroStrategy shares soar 1,540% since 2020, outperforming S&P 500
MicroStrategy is up over 1,500% since 2020, while the S&P 500 index rose just over 111% during the same four-year period. Go to Source
Over 90% of Salvadorans don’t transact with Bitcoin: Survey
Salvadorans have expressed approval of President Nayib Bukele, but they’ve not exactly warmed to his adoption of Bitcoin as legal tender. Go to Source
Trump leads Harris, but POTUS won’t matter for Bitcoin: BlackRock’s Fink
As Trump extends his lead over Harris in the prediction markets, BlackRock CEO Larry Fink said it doesn’t matter to Bitcoin who occupies the White House. Go to Source
Bitcoin to have ‘crazy decade’ as global wealth managers dive in
Cointelegraph spoke with Riot Platforms’ Pierre Rochard and Metaplanet’s Dylan LeClaire at the Bitcoin Amsterdam 2024 conference. Go to Source
Bitcoin ETF options expected by Q1 2025: Bloomberg analyst
Options on Bitcoin ETFs could speed up adoption among financial advisers, James Seyffart said at Permissionless. Go to Source
61 New Bitcoin Addresses Holding 1,000 to 10,000 BTC Emerge in 2024
Recent data reveals that bitcoin wallets holding between 0.1 and 1 BTC have grown by an impressive 9,563 since the year began. Meanwhile, the number of crab wallets containing 1 to 10 BTC has shrunk by 7,783. Bitcoin dolphins, sharks, and whales, those with between 100 to 10,000 BTC, made a noticeable splash, with 101 … Read more
Bukele advisers said BTC adoption was ‘complete PR move’ — TIME reporter
According to a TIME Magazine correspondent, El Salvador President Nayib Bukele used Bitcoin to “change the narrative” on the country’s international perception. Go to Source
