El Salvador has officially joined the ranks of nations with significant Bitcoin (BTC) reserves, amassing a total of 6,000.77 BTC as of Dec. 29, 2024. This milestone, announced by the National Bitcoin Office of El Salvador, highlights the Central American country's ongoing commitment to Bitcoin as a strategic treasury asset under President Nayib Bukele’s leadership.
BlackRock, the world’s largest asset manager, has increased its stake in Michael Saylor’s rebranded firm, Strategy, to 5%, signaling deeper institutional interest in Bitcoin.
Kentucky has become the latest U.S. state to push for a Bitcoin reserve, joining a growing list of states exploring digital asset adoption at the government level.
The United States’ recent ban on central bank digital currencies (CBDCs) could have far-reaching consequences for global CBDC initiatives, experts suggest.
Onchain data shows that the number of Bitcoin wallets holding at least $100 is nearing record highs, signaling renewed interest in the cryptocurrency market.