The State of Texas took a bold step towards establishing a cryptocurrency reserve on Thursday, March 6, 2025, when its Senate passed Bitcoin Reserve Bill SB21, sponsored by Senator Charles Schwertner. For the bill to become law, it must pass through the Texas House of Representatives and receive the governor’s assent. Demystifying Bitcoin Reserve Bill SB21 … Read more
The Texas Senate on Thursday, March 6, 2025, passed the Bitcoin strategic reserve bill SB-21 in a 25-5 vote. The new move by the State of Texas is coming a day before the much anticipated White House Crypto Summit, which is set to take place in a few hours (slated for March 7). Texas State … Read more
November 2024 was nothing short of electrifying for Bitcoin enthusiasts and market watchers. From breaking barriers to flirting with the monumental $100,000 mark, the king of cryptocurrencies delivered a rollercoaster ride of price swings and bold statements. Whether you’re a seasoned investor or just curious about what’s driving the market, this analysis uncovers the forces … Read more
The surge in Bitcoin’s price through 2024 reflects a dynamic year for the cryptocurrency market. As of November 12, Bitcoin reached an all-time high of $89,956.88, underscoring its continued position as the leading digital currency. This report provides an overview of Bitcoin’s price trend from January to November 12, 2024, and projects what traders might … Read more
Bitcoin began October with a price of $63,335.60 and closed the month significantly higher at $70,215.19. This steady upward trend in Bitcoin’s value resulted in a market capitalization increase from approximately $1.2 trillion to over $1.38 trillion. October’s performance reflected an overall increase compared to September, where Bitcoin closed at $63,329.50. Weekly Analysis Week 1 … Read more
Bitcoin’s price showed notable fluctuations from September 1 to September 30, 2024, beginning the month at $58,969.80 and closing at $63,329.50, reflecting an overall positive trend with substantial intra-month volatility. Monthly Performance Highlights Starting Price: Bitcoin opened the month at $58,969.80 on September 1, with an initial drop to $57,325.49 by the end of the … Read more
Bitcoin began the day at $64,625.84, sparking optimism among short-term traders and investors that it would maintain this upward trajectory. However, by the close on August 31, the price had dropped to $58,969.90. Below is a summary of Bitcoin’s price movements from August 1 to August 31, 2024: Open High Close Aug. 31 $59,117.48 … Read more
Bitcoin was predicted to close at $20,000 before the end of 2020 as far back as June 2020 and on October 25, 2021, it traded at $62,674.13 on most crypto exchanges. One of the earliest investors in cryptocurrency is a Norwegian who bought 5,000 BTC for just $27 several years back and is now one … Read more
Nigerians have traded at $8,761,051BTC on two major Peer-to-Peer (P2P) platforms LocalBitcoins and Paxful even as the Central Bank of Nigeria continues to block financial institutions from facilitating all transactions involving bitcoin and other cryptocurrencies. At the time of this report, 1BTC was N25,300,491.36 on Paxful and $48,960.56 on coinmarketcap. While Helsinki-based peer-to-peer bitcoin marketplace … Read more
Residents of the United Kingdom can now buy and sell cryptocurrencies starting this week, a press release by the global payment platform said Monday, August 23, 2021 The announcement is the first international expansion of PayPal’s cryptocurrencies services following the launching of the same system in the United States early this year. With over 403 million active accounts globally, the California-based … Read more