Congress passed a reform that modifies the so-called “Bitcoin Law” in El Salvador to comply with the stipulated requirements in the deal inked with the IMF last year. These modifications prepare the country to receive $1.4 billion in a credit facility. El Salvador Passes Bitcoin Law Reform, BTC Acceptance Is Now Voluntary El Salvador, a
Nasdaq is now looking to make it easier for Bitcoin exchange-traded funds (ETFs) to operate. The exchange has filed with the U.S. Securities and Exchange Commission (SEC) to allow “in-kind” bitcoin redemptions for BlackRock’s iShares Bitcoin Trust (IBIT). This will make the bitcoin ETF more institutional friendly and reduce redemption costs. Part of Nasdaq’s filing
Editor’s Note: BitPinas reached out to Worldcoin organizers in Bulacan for comment, but they declined to provide any official statements. They asked about the article’s flow and Web3 Bulacan’s statement but shared no further details for publication. Web3 Bulacan, a local blockchain organization, has clarified it has no ties to the ongoing Worldcoin registration and
SBF’s parents are reportedly seeking a full pardon for SBF & also a meeting was recently held with top lawyers. Sam Bankman-Fried (SBF) is a very infamous crypto entrepreneur. He is known for his crypto exchange FTX, which collapsed badly in Q4 2022, following a report by Coindesk media about FTX’s real financial position. SBF
The Federal Reserve sees a future for crypto in banking, with Chair Jerome Powell saying banks can serve crypto customers—if they manage risks responsibly. Fed Chair Jerome Powell Breaks Silence on Crypto: What the Fed Thinks About Bitcoin Now Federal Reserve Chair Jerome Powell held a postmeeting press conference on Jan. 29 following the central
Bitcoin mining used to be only about one thing: making money while powering the world’s biggest digital monetary network. But now, the entire industry seems to be undergoing a major transformation. To adapt and survive in a fast-changing tech world, miners are pivoting to artificial intelligence (AI) and high-performance computing (HPC). A report by Bitfinex
Traders betting on a Trump-fueled supercycle got a brutal reminder. Bitcoin’s sharp drop below $100,000 sparks a cascade of liquidations across crypto markets, wiping out $850 million (₱49.6 billion) in leveraged positions over 24 hours. What’s the significance: The sell-off hammered AI-related tokens and memecoins hardest, made worse by a broader tech stock downturn sparked
Litecoin ($LTC) has been pumping sharply over the last 24 hours, as the US SEC showed a response to a Litecoin spot ETF application. Litecoin ($LTC) is a decentralized cryptocurrency founded by Charlie Lee in 2011 as a faster and lighter alternative to Bitcoin. We can call the Litecoin blockchain a copy of the Bitcoin
According to revised accounting standards, Tesla’s digital assets now amount to $1.08 billion, indicating a mark-to-market gain from its bitcoin holdings. Unrealized Bitcoin Gains of $600 Million Added to Tesla’s Earnings Tesla Inc. has reported a $600 million boost in its latest quarterly results, attributed to a recent change in accounting rules for digital assets.
Nuvve Holdings Corp., a publicly listed green energy company focused on electric vehicle (EV) charging, announced that it will invest up to 30% of its excess cash in bitcoin. The company’s Board of Directors has approved the move, which marks Nuvve’s entry into the growing trend of public companies adding bitcoin to their balance sheets.