KULR, a provider of electric energy storage solutions, has reported its first bitcoin purchase as part of a strategic shift toward establishing the leading cryptocurrency as a reserve asset. The company bought $21 million worth of bitcoin, amounting to 217.18 BTC. The purchase comes after the company announced that it would adopt a Bitcoin standard, […]
Source link
29Views
China Weighs Options for Managing Billions in Confiscated Crypto
Here’s the situation: China has a growing stash of confiscated crypto, billions of dollars’ worth, seized from criminal investigations. But...
JPMorgan Says Bitcoin’s Safe-Haven Appeal Is Crumbling Fast
JPMorgan signals a major shift in market sentiment, highlighting fading bitcoin demand as gold captures massive inflows and reasserts dominance...
New Bill by U.S. Senators Targets Bitcoin Mining and AI
A new bill has been introduced in the U.S. Senate to address the environmental impact of bitcoin mining and artificial...
Crypto Exchange eXch To Shut Down Amid Allegations Tied To Bybit Hack
Cryptocurrency exchange eXch has announced it will officially cease operations on May 1, following allegations that the platform was used...
