BITCOIN NEWS (BTC)

Focused coverage on Bitcoin-related news and updates.

US Fed Cuts Interest Rate by 0.50%, the first cut in 4 years: Will It Ignite a Crypto Rally?

In a significant turn of events, the U.S. Federal Reserve (Fed) slashed interest rates by 0.50% during their recent Federal Open Market Committee (FOMC) meeting, sending ripples across global financial markets. While this move was largely anticipated, it marks the first policy rate cut in four years and has reignited discussions about its impact on […]

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BlackRock to Launch $30B AI Investment Fund with Microsoft: Powering the Future of AI

BlackRock and Microsoft Partner to Launch $30B AI Infrastructure Fund In a landmark move, BlackRock is preparing to launch a massive $30 billion AI investment fund in partnership with Microsoft and MGX, the Abu Dhabi-backed investment firm. This joint effort, dubbed the Global AI Investment Partnership, aims to address the escalating power and infrastructure needs

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Human Rights Foundation Distributes 10 BTC to Power Bitcoin Projects Worldwide

The Human Rights Foundation (HRF) has announced the latest recipients of grants through its Bitcoin Development Fund, distributing a total of 10 BTC (approximately $590,000) across 20 innovative projects worldwide. The aim of the fund is to support initiatives that leverage Bitcoin for human rights, providing financial backing to efforts that focus on education, development,

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FOMC Meeting Begins: Why Peter Schiff Believes Bitcoin Won’t Benefit from a Rate Cut

As the Federal Open Market Committee (FOMC) meeting kicks off today, the crypto community eagerly anticipates a potential interest rate cut. Historically, Federal Reserve rate cuts have been bullish for Bitcoin and other cryptocurrencies due to the increase in liquidity. However, renowned economist Peter Schiff predicts that this time, Bitcoin may not see the same

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El Salvador Cuts Ties with Foreign Debt: President Bukele Announces Historic Shift

In a turning point decision, El Salvador’s President Nayib Bukele has announced that the country will no longer rely on external debt to finance its budget. This move signals a significant shift in the nation’s financial strategy, marking a step towards economic independence and fiscal sustainability. As El Salvador has gained international attention for its

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Bhutan Builds $780 Million Bitcoin Reserve with 13,011 BTC Acquisition,emerges as the 4 largest goverment bitcoin holder

In a surprising development within the global cryptocurrency outlook, the Kingdom of Bhutan has emerged as a significant Bitcoin holder, owning  13,011 BTC, currently valued at approximately $780.49 million. This move positions the small Himalayan nation as one of the more unexpected sovereign players in the crypto space, showcasing Bhutan’s increasing involvement in digital assets

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