Bitcoin Magazine

Bitcoin Records Highest Weekly Close Above $106K
Bitcoin has officially recorded its highest-ever weekly candle close, finishing the week at $106,516. The milestone was achieved on Sunday evening, marking a notable moment in Bitcoin’s ongoing price history and underscoring growing institutional and retail interest. This weekly close sets a new benchmark for BTC’s price performance and positions the asset in a historically
This post Bitcoin Records Highest Weekly Close Above $106K first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

JPMorgan CEO Jamie Dimon said the Wall Street lender plans to offer Bitcoin (BTC) to its customers in a stark shift from his historical stance toward the digital asset. During JPMorgan’s Investor Day, Dimon reiterated that he is “not a fan” of Bitcoin, but acknowledged that clients will continue to demand access to it.  He
The post JPMorgan to support Bitcoin buying despite Jamie Dimon’s ongoing skepticism appeared first on CryptoSlate.

Following a slew of companies last week revealing similar plans, Digiasia Corp. announced a commitment to establish a bitcoin treasury reserve, potentially raising up to $100 million to acquire BTC, as its shares surged 93% by 1 p.m. ET on Monday. Digiasia Eyes $100 Million to Build Bitcoin Treasury The fintech firm Digiasia Corp. (Nasdaq:

An investor argued that Strategy “overstated” the profitability of its Bitcoin treasury strategy before disclosing a first-quarter loss.

There are few companies that have a brighter future than those that are in the AI and tech…

US President Donald Trump says that Russia wants to pursue a “large-scale” trade deal with the United States.…

Moody’s is now the third credit rating agency to downgrade the country’s debt after Standard & Poor’s in 2011 and Fitch in 2023. Moody’s U.S. Rating Cut Sends Bitcoin Back Above $105K The U.S. lost its perfect credit rating on Friday after rating agency Moody’s downgraded U.S. debt from “Aaa” to “Aa1,” citing concerns about

US Securities and Exchange Commission Chairman Paul Atkins announced a sweeping pivot in the agency’s approach to digital assets, signaling the end of what he called a “shoot-first-and-ask-questions-later” enforcement regime. In his remarks at the SEC Speaks conference, Atkins said the agency would begin drafting formal rule proposals tailored to the crypto industry and open
The post SEC chair Atkins reaffirms end of harsh crypto enforcement, proposes unified framework appeared first on CryptoSlate.

Bitcoin ETFs notched a fifth straight week of net inflows, bringing in $603.74 million, with Blackrock’s IBIT once again leading the charge. Ether ETFs joined the rally, posting an inflow of $41.59 million. Bitcoin and Ether ETFs Log Strong Inflows Despite Broad Market Mixed Signals Crypto exchange-traded fund (ETF) momentum held strong last week as

Bitcoin Magazine

Fold Unveils Bitcoin Gift Card, Pioneering Bitcoin in U.S. Retail Gift Card Market
Fold launches Bitcoin Gift Card, pioneering Bitcoin in U.S. retail. Buy or gift Bitcoin at major stores soon. “Pick up Bitcoin at checkout,” Will Reeves told Bitcoin Magazine.
This post Fold Unveils Bitcoin Gift Card, Pioneering Bitcoin in U.S. Retail Gift Card Market first appeared on Bitcoin Magazine and is written by Juan Galt.