Author name: Peter

El Salvador’s Bitcoin Holdings Surpass $400 Million Mark

El Salvador made history by becoming the first nation to adopt Bitcoin as legal tender and integrate a Bitcoin investment strategy for its national treasury, accumulating over $400 million in Bitcoin holdings. President Nayib Bukele's Bitcoin Initiative President Nayib Bukele spearheaded the legislation to establish Bitcoin as legal tender in 2021. Since then, the country […]

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Nilam Resources, Inc. Enters Agreement to Acquire 24,800 Bitcoin

Nilam Resources, Inc., a company focused on precious metal mining in Peru, has recently made a significant announcement regarding its plan to acquire 24,800 bitcoin. This move comes as the company enters into a Letter of Intent (LOI) with Xyberdata Ltd., marking a strategic step towards expanding its digital asset portfolio. Details of the Agreement

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London Stock Exchange to Accept Bitcoin Crypto Exchange-Traded Notes Starting April 8, 2024

The London Stock Exchange has made a significant announcement regarding the acceptance of applications for the admission of Bitcoin Crypto Exchange-Traded Notes (ETNs) starting from April 8, 2024. This decision comes after the Exchange's previous notice on March 11, where it expressed its intention to permit the trading of Crypto ETNs in the second quarter

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The Dos and Don’ts of Bitcoin Self-Custody

Understanding Bitcoin Self-Custody Bitcoin operates in a completely decentralized system, offering no option to reverse payments or access customer support for assistance. When you opt for self-custody of your Bitcoin, the responsibility for safeguarding your funds lies solely with you. Self-custody empowers you to have control over your funds, preventing anyone from freezing your assets

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Bitcoin’s Surge to All-Time High: A Guide to Maximizing Your Investment Potential

Bitcoin, the pioneering and most widely recognized cryptocurrency, has recently captured attention by skyrocketing to a new all-time high exceeding $72,000. This remarkable surge has reignited interest in Bitcoin as a promising investment opportunity, prompting individuals to contemplate the implications for their financial future. The Significance of Bitcoin's Price Surge Investors may interpret this surge

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MicroStrategy’s Michael Saylor’s Bold Move: Offering to Buy Out Shareholders Before Acquiring Bitcoin

MicroStrategy's CEO, Michael Saylor, faced challenges before successfully adding Bitcoin to the company's balance sheet in 2020. At the 2024 Abundance360 Summit, Saylor shared insights into how he navigated obstacles by offering to buy out MicroStrategy shareholders in a Dutch action as they embarked on acquiring $250 million worth of Bitcoin. Saylor's Strategic Offer to

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Decentralized Information Markets: Redefining Data Ownership

Data, the New Liquid Commodity In the era of smartphones, data emerges as the most fluid commodity globally. Without rigorous precautions, every move, conversation, and interaction becomes quantifiable in the vast spectrum of information goods markets. These goods, existing as intangible data bits, can be conceived, produced, distributed, and consumed solely in digital form. The

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El Salvador’s Bold Move: A Historic Shift in Bitcoin Reserves

On March 14, 2024, El Salvador’s president-elect, Nayib Bukele, made a groundbreaking announcement that reverberated throughout the Bitcoin community. The country confirmed the transfer of a significant portion of its Bitcoin holdings into cold storage, securely housed within a vault on its national soil. This strategic move signifies a crucial turning point in El Salvador's

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