Tag: Bitcoin

Genius Group Liquidates Entire Bitcoin Treasury to Repay $8.5M Debt

Genius Group (GNS) liquidated its entire Bitcoin treasury – 84 BTC valued at approximately $5.7 million as of March 2026 – to retire $8.5 million in debt, a full disposition that confirms the company’s balance sheet had reached a point where no alternative capital source was available to service the obligation. The sale was disclosed alongside the company’s Q1 2026 earnings release and represents a complete reversal of the Bitcoin accumulation posture the company publicly committed to just eighteen months ago. The liquidation is particularly notable given that Genius Group’s…

Adrian Wall of Digital Sovereignty Alliance Speaks on Tokenization at Penn Blockchain Conference 2026 – Press release Bitcoin News

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PRESS RELEASE. Washington, D.C., April 2, 2026 — The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research and education surrounding emerging technologies, today announced the successful conclusion of its participation in the 6th Penn Blockchain Conference as a Platinum Sponsor, held on March 27–28 at the Penn Museum in Philadelphia. The conference and hackathon, organized by the University of Pennsylvania’s Blockchain Club, brought together students, developers, and industry leaders to explore the evolving role of decentralized technologies. Designed to bridge academia and…

Two Pieces of Code Keep Bitcoin Scarce Forever

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io If mining Bitcoin is profitable and the price keeps going up — what stops every computer on Earth from switching to a Bitcoin miner at once? What stops Bitcoin from being mined out of new supply in weeks? The answer is two pieces of code Satoshi Nakamoto quietly baked into the protocol from day one. Once you understand them, you’ll understand why Bitcoin is the first genuinely scarce asset in human history. #Bitcoin #BitcoinMining #DigitalScarcity #BitcoinShorts #BitcoinEducation RESOURCES & LINKS: 🚀 Buy…

Luxor Ships Commander Software to Optimize Bitcoin Mining Fleet Profitability – News Bytes Bitcoin News

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Seattle-based Luxor Technology Corporation launched Commander on April 1, 2026, to provide bitcoin mining operations with real-time fleet monitoring and remote command capabilities. The software integrates natively with the company’s existing ecosystem, which currently manages over 1 GW of data center compute and mining power. This full-stack infrastructure consolidation allows operators to manage pools, firmware, and energy derivatives through a single vendor. The platform features the Intelligent Miner algorithm, which evaluates market conditions every five minutes to boost profitability by 8% to 14% compared to standard curtailment. The software is…

Analyst Predicts Bitcoin Price Is Headed To $121,000 In 2 Months, But There’s A Problem

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Bitcoin had initially lost the $100,000 level back in November 2025, and since then, the cryptocurrency has continued to trend below this psychological level, showing very little chance of breaking above it soon. Nevertheless, bullish sentiment has not completely died among investors in the digital asset as analysts predict that the Bitcoin price will overtake $100,000. But the main point of contention has been the timing of when this move would happen. Bitcoin Is Gearing Up For A Rise According to crypto analyst Master Ananda, the Bitcoin price is currently…

Naoris Protocol Deploys Post-Quantum Mainnet to Secure Global Digital Infrastructure – News Bytes Bitcoin News

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Naoris Protocol announced the official launch of its Mainnet on April 1, 2026, introducing a post-quantum Layer 1 blockchain designed to withstand emerging quantum computing threats. This deployment establishes a production-ready environment where decentralized Proof of Security (dPoSec) consensus and National Institute of Standards and Technology (NIST) approved cryptography protect transactions from future decryption. The network currently operates in an invite-only phase for strategic partners and validators after a testnet phase that mitigated over 603 million threats. With over 106 million post-quantum transactions already processed, the protocol serves as a…

Genius Group sells entire Bitcoin treasury in Q1 as debt repayment takes priority

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AI-powered Genius Group has sold off its remaining Bitcoin holdings in the first quarter to pay down debt. Summary Genius Group sold its remaining Bitcoin in Q1 to repay debt, stepping back from its earlier commitment to hold the majority of reserves in BTC. The company reported a turnaround in performance, with revenue reaching $3.3 million and net profit at $2.7 million after a loss a year earlier. According to an April 1 press release, the company said it will “recommence building its Bitcoin Treasury when it believes market conditions…

Bitget Brings Crypto Into Everyday Spending With APAC Launch of Bitget Card – Press release Bitcoin News

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PRESS RELEASE. Victoria, Seychelles, April 2, 2026 — Bitget, the world’s largest Universal Exchange (UEX), in partnership with Visa and DCS, launched the Bitget Card across selected markets in Asia Pacific (APAC), extending crypto out of exchanges into everyday spending and marking another step toward a more unified financial experience where digital assets work quietly in the background of daily life. The initial rollout makes a virtual Bitget Card available to APAC users, with a physical card set to follow in the coming months. Issued in collaboration with DCS and…

Australia Mandates Financial Services Licenses for All Local Cryptocurrency Exchanges – News Bytes Bitcoin News

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The Australian government passed new legislation requiring all cryptocurrency exchanges and custodians to acquire financial services licenses. This mandate applies to any digital asset service provider operating within the country’s jurisdiction to enhance transparency and investor safety. The law targets the nation’s $16.5 billion (AUD 24 billion) cryptocurrency market by enforcing strict Know Your Customer (KYC) protocols and anti-money laundering practices. These measures aim to mitigate fraud and money laundering risks while fostering innovation in a secure environment. Firms failing to comply with the new licensing requirements face significant penalties,…

Bitcoin ETFs See $1.32B March Inflows As ETH, XRP Funds Bleed

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While Ethereum (ETH) and XRP Exchange-Traded Funds (ETFs) ended March in negative territory, Bitcoin (BTC) funds recorded their best monthly performance of the year despite weak market sentiment and geopolitical tensions. Related Reading Bitcoin ETFs End Negative Spell Bitcoin ended the first quarter of 2026 by breaking out of a five-month negative streak, closing with a positive performance for the first time since September 2025. The flagship crypto has been in a downtrend over the past six months, retracing over 50% from its October all-time high of $126,000. As its…