Category: Bitcoin News

Semler Scientific eyes further Bitcoin purchases after buying 47 BTC in Q3

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Medical device maker Semler Scientific says it remains “laser focused” on acquiring and holding more Bitcoin after its crypto reserves surpassed 1,050 BTC. Healthcare manufacturer Semler Scientific now holds $1,058 Bitcoin (BTC), worth $71 million, after it purchased 47 BTC in Q3. In a Q3 financial results report, Doug Murphy-Chutorian, chief executive officer of the Santa Clara-headquartered company said Semler Scientific remains “laser focused on acquiring and holding Bitcoin, while supporting innovation and growth in our healthcare business.” “We plan to continue to purchase Bitcoin with cash from operations and…

UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto

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A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes Cartwright, a pension specialist for defined benefit and hybrid schemes, announced a pioneering bitcoin investment in a UK pension […] Original

Analysts Double Down on $200K Bitcoin Amid Trump-Harris Election Clash

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Bitcoin’s rise appears unstoppable, with Bernstein projecting a $200,000 target for 2025, undeterred by potential market volatility from the upcoming U.S. election. Bernstein’s $200K Bitcoin Target Faces a Trump-Harris Showdown Analysts at Bernstein, a major global research and investment management firm, have reiterated their long-term forecast for bitcoin, projecting a price of $200,000 by late […] Original

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

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Bitcoin’s price is set to rise regardless of the 2024 election outcome, says Anthony Scaramucci, though Trump’s deregulation could provide a short-term boost. US Elections, Bitcoin, and Power Moves: Scaramucci’s Predictions Unveiled Anthony Scaramucci, founder of Skybridge Capital and former White House Communications Director, discussed bitcoin’s future and the potential role of U.S. presidents in […] Original

US Bitcoin Reserve Proposal: A New Weapon for Economic Stability

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The Bitcoin Policy Institute (BPI) has released a report advocating for a strategic bitcoin reserve (SBR) to strengthen U.S. economic stability and global influence. Titled “Digital Gold: Evaluating a Strategic Bitcoin Reserve for the United States,” the report argues that holding BTC could support U.S. monetary stability, counter global financial threats, and advance technological leadership. […] Original

Bitcoin Braces for Major Volatility as US Election Nears

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Bitcoin’s price is set for major volatility as the U.S. election approaches, with traders anticipating sharp moves based on whether Donald Trump or Kamala Harris wins the presidency. Market Watch: Bitcoin’s Volatile Path Amid Trump-Harris Election With the U.S. election just hours away, bitcoin (BTC) faces heightened volatility as the market anticipates a sharp reaction […] Original

As U.S. Votes, Bitcoin Flirts With $70k — Which Way Will It Break?

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As the Fed meeting and elections loom, could Bitcoin finally surge past $70k, or are bearish forces too strong to let BTC rise? BTC teeters on the edge With the U.S. presidential elections just hours away, the crypto market is on edge, watching every tick of Bitcoin’s (BTC) price as it inches toward the critical $70k mark. BTC 6-month price chart | Source: TradingView As of Nov. 4, BTC is facing new resistance at the $70,000 level. Not long ago — on Oct. 29 — Bitcoin briefly soared to $73-74k,…

Deutsche Telekom arm partners with Germany’s oldest bank for renewable Bitcoin mining trial

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Deutsche Telekom’s MMS and Bankhaus Metzler are piloting Bitcoin mining to tap surplus renewable energy and stabilize Germany’s grid. Deutsche Telekom subsidiary MMS and Bankhaus Metzler, Germany‘s second oldest bank, have launched a pilot project to explore the use of surplus renewable energy for Bitcoin (BTC) mining, aiming to gather field data that could help stabilize Germany’s energy grid. In a Monday press release on Nov. 4, Deutsche Telekom said that the project will be powered by electricity from “renewable energy sources, which would otherwise remain unused due to insufficient…