Vancouver Sets Path to Becoming a ‘Bitcoin-Friendly City’
The Vancouver City Council has approved a motion to explore adopting Bitcoin within its financial framework, including the potential establishment of a Bitcoin reserve and the integration of cryptocurrency payment options. Mayor Ken Sim spearheaded the initiative at the council meeting on December 11, proposing that embracing Bitcoin could act as a hedge against inflation […]
MicroStrategy Poised to Enter Nasdaq 100, Says Bloomberg Intelligence
MicroStrategy (MSTR) is anticipated to secure a spot in the Nasdaq 100 index on December 23, with an official announcement expected this week, according to Bloomberg Intelligence analyst Eric Balchunas in a post shared on the X platform. This inclusion would position MicroStrategy—a software company turned Bitcoin-focused investment powerhouse—among the top 100 largest companies listed […]
Bitcoin Surges Back to $100,000 as Positive CPI Data Sparks Rally
Bitcoin returned to the six-figure milestone on Dec. 11, following a boost from encouraging U.S. macroeconomic data that ignited a market resurgence. Traders Set Higher Targets as Bitcoin Hits $100K According to data from TradingView, BTC/USD surged nearly 4% during the day. Despite a rocky start after the daily close, Bitcoin managed to reclaim the […]