Bitcoin News

Bitcoin News

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Markets React to Terraform Labs’ Increased BTC Reserves

Darren Lim, Research Analyst at blockchain analytics platform Nansen, discusses several noticeable blockchain transactions associated with Terraform Labs' plans to increase UST's bitcoin reserve to $3 billion. Plus, insights on how a bitcoin-backed stablecoin would function and why ETH transfers to Ukraine are spiking. 

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BTC Tops $44K as Terra’s Luna Foundation Increases Reserves

Fernando Martínez, OSL managing director and head of Americas, explains the current uptrend in the crypto markets amid rumors of Terra’s ambitions to accumulate bitcoin as a reserve asset. Plus, a conversation about why Russian officials are considering turning to bitcoin for oil sales.

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Merkado

Bitcoin Tops $44K Amid Rumors of Terra's Foundation Accumulating BTC

Terra is becoming a persistent buyer of bitcoin, one observer said.

(Pixabay, PhotoMosh)

Pananalapi

Israel's Bank Leumi to Offer Crypto Trading

The bank is working with New York-based custody and trading platform Paxos to bring the service to customers.

Tel Aviv, Israel

Merkado

First Mover Asia: Taiwan GameFi Company Gets a Boost in Its Quest to Develop a More Entertaining Game; Altcoins Stand Out

Red Door Digital will use the $5 million seed round from several high-profile venture firms to create games that are technologically superior but also entertaining; bitcoin also rose solidly.

View of the Taipei Skyline with Taipei 101 at night

Patakaran

City of Austin Approves ‘Fact-Finding Study’ for Tax Payments in Bitcoin, Crypto

The Texas city will investigate the feasibility of adopting “bitcoin or other cryptocurrencies” with a study due in mid-June.

Austin city council (Sam Padilla)

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CleanSpark CEO: Crypto Mining and ESG Are Match Made in Heaven

CleanSpark CEO Zach Bradford addresses the often talked about ESG concerns of bitcoin mining, highlighting the use of renewable energy as a way to shift the narrative. Plus, insights on how China’s crypto mining ban affected the industry's carbon footprint. 

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Acorns Exec on Adding Bitcoin Exposure Option

Acorns Chief Investment Officer Seth Wunder discusses the normalization of cryptocurrency as their investment platform launches a new feature allowing customers to add bitcoin to their portfolios. Plus, a conversation about how Luna’s alleged plans to offer a BTC-reserved stablecoin could impact the crypto markets. 

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