JPMorgan Chase plans to offer financing to clients using spot bitcoin exchange-traded funds (ETFs) such as BlackRock’s iShares Bitcoin Trust (IBIT) as collateral, Bloomberg reported Wednesday (June 4). The decision applies globally across both retail and institutional segments and reflects the bank’s growing acceptance of regulated...
Block plans to launch bitcoin payments on its business technology platform Square, enabling merchants using the Square Point of Sale app to accept bitcoin payments directly through their Square hardware. The company plans to begin rolling out this new, native Bitcoin For Businesses offering in...
Bitcoin rose beyond $100,000 Thursday (May 8) for the first time in three months. As Bloomberg News reported, this increase was driven by anticipation for a relaxation of global tariff-related tensions following a new trade deal. The price of bitcoin hit a record $109,000 in...
Advocates of a referendum that would require the Swiss National Bank (SNB) to hold bitcoin in its reserves reportedly see an opportunity amid the current economic turmoil caused by U.S. tariffs. Supporters of the Bitcoin Initiative said the turmoil shows how important it is that the SNB diversify...
The Trump family is continuing its cryptocurrency efforts, teaming with bitcoin mining firm Hut 8. That company announced Monday (March 31) the launch of American Bitcoin Corp., which will focus on Bitcoin mining and “strategic Bitcoin reserve development.” Backing the company are Eric Trump —...
GameStop said in a Tuesday (March 25) press release that its board voted unanimously to add bitcoin as a treasury reserve asset. The retail gaming destination also announced this update to its investment policy in a Form 10-K filed Tuesday with the Securities and Exchange Commission (SEC), saying that...
Artificial intelligence (AI) commerce solutions company Rezolve Ai is rolling out a $1 billion bitcoin treasury, a move the company says will support the launch of its cryptocurrency payments platform. The program will start with a $100 million investment, Rezolve said in a Monday (Feb....
Visa and Fold partnered to launch a credit card that offers bitcoin rewards. The new Fold Bitcoin Rewards Credit Card will join the debit card products already offered by Fold, which is a bitcoin rewards and financial services platform, Fold said in a Tuesday (Feb....
Bitcoin is reportedly approaching a record high as the inauguration of President-elect Donald Trump nears. The cryptocurrency was priced at $104,538 Friday at 2:12 p.m. Pacific time, a figure that was up 4.56% for the day and 12.96% for the week, according to TradingView. Earlier Friday,...