Category: Bitcoin

Bitcoin is digital money created in 2009. It lets people send and receive payments directly without using banks. It’s stored on a public network called a blockchain, and only 21 million will ever exist.

Jetking Stock Skyrockets 30% After Betting Big on Bitcoin

Summary: Jetking Infotrain which is one of the oldest and OG Indian IT training company has now made headlines by adding and integrating Bitcoin as a treasury asset. This has made the company the first Indian company to adopt Bitcoin. This bold and progressive move has send its stock through the roof and it surged by 30% hitting a five year high.

Jetking Goes All In on Bitcoin

Jetking Infotrain, founded way back in 1947, just flipped the script on Indian tech by scooping up 12 Bitcoins worth $1.2 million. While that’s a small buy compared to big players, it’s still a major flex, making up 26% of their $4.5 million market cap. After the announcement, Jetking’s stock popped off, shooting up 30%.

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Known for training over 700,000 tech pros in everything from networking to cloud computing, Jetking is now hopping on the crypto bandwagon, joining global tech giants like Tesla and MicroStrategy. For a company with annual sales of just $2 million, this Bitcoin bet is getting people to sit up and take notice.



What’s the Catch?

While Jetking’s move is a vibe, replicating it might be tricky for other Indian companies. Crypto policies in India are still strict, with a hefty 30% tax on gains and plenty of regulatory red tape. Compare that to the U.S., where Bitcoin adoption among companies is practically trending, and you’ll see why Jetking’s decision is both bold and risky.

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For now, Jetking’s gamble is paying off, showing the power of mixing old-school legacy with new-age innovation.

Microsoft Shareholders Say “Nope” to Bitcoin Proposal

Summary: Microsoft shareholders have voted down a proposal to invest 1–5% of the company’s profits into Bitcoin. Despite bold pitches about Bitcoin’s potential, the board—and most shareholders—weren’t feeling it, citing the crypto’s rollercoaster vibes.

Bitcoin? Microsoft’s Not About That Life (Yet)

At their annual meeting, a group called the NCPPR pitched a plan to spice up Microsoft’s investments by putting some profits into Bitcoin. They even dropped a video, hyping BTC as the next big thing and pointing out that major players like BlackRock are already on board. The goal? Boost shareholder returns and reduce investment risks. Sounds good, right?

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Not to Microsoft’s board. They shut it down, calling Bitcoin too risky for a company that likes to keep things steady. Sure, they’re watching crypto, but they’re sticking to the tried-and-true stuff for now.

Even Saylor Couldn’t Sell It

MicroStrategy’s Michael Saylor gave it a shot, too. In a quick video, he said Microsoft could’ve stacked $200 billion in the last five years by betting on Bitcoin instead of buybacks and dividends. Bold move, but the shareholders weren’t buying it. They sided with the board and voted “nope.”

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For now, it’s clear: Microsoft’s playing it safe while the crypto world keeps making noise.

Bitcoin Blasts Past $100,000 with a Bang

Summary: Bitcoin has had an amazing 2024 with a huge surge in market valuation and now it has again officially reclaimed its spot in the spotlight, smashing through the $100,000 milestone. Trading at $101,074, the world’s largest cryptocurrency saw a 5.4% gain in the last 24 hours, signaling renewed investor confidence and major market momentum.

Bitcoin Hits $100K: What’s Driving the Surge?

Bitcoin’s price skyrocketed, ranging from $94,386.72 to a high of $101,764 in a single day. This rally reflects growing institutional and retail interest, cementing Bitcoin’s status as the ultimate digital asset. With a market cap of nearly $2 trillion and a 24-hour trading volume of $129.39 billion, the crypto king is commanding attention.

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Is $2 Trillion the Next Target?

Bitcoin’s return to $100K isn’t just a flex—it’s a signal of resilience in uncertain economic times. Analysts are buzzing: will Bitcoin continue its climb, or is a correction on the horizon? With a fully diluted valuation of $2.12 trillion and just 1.2 million BTC left to mine, all eyes are on whether the crypto heavyweight can sustain this momentum and hit its next big milestone.

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Bitcoin Hits $100K: Analysts Say the Best Is Yet to Come

Summary: As most probably everyone knows, bitcoin just blew the roof crossing and shattering records. BTC managed to hit $100,000 which is an absurd amount for the first time ever on December 6, 2024.This isn’t all shiny and good for economic and valuation for traditional markets as other assets like gold suffered while BTC surged by 32% this last month alone. Experts are hyped, predicting even bigger moves in 2025.

The $100K Club

Bitcoin finally broke into six figures, and the vibes are unreal. Traditional markets like oil (-6.3%) and gold (-1%) struggled, but Bitcoin’s been on fire, shooting up 32% in just a month. Crypto analyst Quinten François calls this the start of Bitcoin’s “euphoria stage,” where prices skyrocket as everyone piles in. “You’ve got 12 months max before the cycle hits its top,” he said, basically telling us to buckle up.

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Why’s Everyone So Bullish?

A lot of it comes down to profits. The Net Unrealized Profit/Loss (NUPL) metric shows most BTC holders are winning big, and when people see green, they want more. Plus, even though global liquidity is drying up and other markets are stalling, Bitcoin’s thriving. It’s like the cool kid at the party that just doesn’t quit.

How Long Will It Last?

Not forever, but there’s still room to run. Jamie Coutts from Real Vision says if the global money situation worsens, things could slow down. But Raoul Pal, CEO of Global Macro Investor, is optimistic, predicting BTC could hit $110K by January 2025. If money flows loosen up, who knows? The moon might not be the limit anymore.

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UK Gov’s Secret Bitcoin Bag Now Worth $6 Billion

Summary: The UK government now has an incredibly insane $6 billion in Bitcoin after it broke through the ceiling and hit the $100,000 threshold. A dirty and suspicious Chinese crook was implicated in a very big money-laundering bust in 2021, which resulted in this ridiculously crazy and enormous stockpile of over 61,000 BTC.

How’d They Snag So Much BTC?

Meet Zhimin Qian, the mastermind behind a $5.6 billion investor scam. After her hustle crumbled, she fled to the UK, but authorities caught up and froze her assets, including the Bitcoin. Thanks to Arkham Intelligence, we now know the UK’s “hidden” BTC holdings have been chilling in the same wallet since 2021—untouched.

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Zhimin’s sidekick, Jian Wen, wasn’t as lucky; he’s already been slapped with six years in jail. As for Zhimin? She’s set to face trial next September. The big question is: will the seized Bitcoin go back to her victims or stay locked in the government’s hands for good?

What’s Next for the BTC?

Right now, the UK government’s stash is in limbo, just sitting there, watching BTC moon. Whether they hold, sell, or give it back depends on how Zhimin’s trial shakes out. But one thing’s clear—governments are getting more involved in crypto, and this isn’t the last we’ll hear about seized Bitcoin making headlines.

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$894M Liquidated After Bitcoin’s Insane Price Ride

Summary: In just 24 hours, Bitcoin’s wild price swings wiped out a jaw-dropping $894M across the crypto market. Over 168,000 traders felt the burn, with the biggest single loss being a $18.94M BTC-USDT-SWAP on OKX.

Bitcoin’s Wild Rollercoaster

Bitcoin kicked off with an insane pump to $103,900, only to nosedive to $90,400 on Binance overnight. The chaos didn’t last long, though—bulls swooped in, and the price rebounded to $97,898. It was a trader’s nightmare or dream, depending on which side of the bet you were on.

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Longs Got Wrecked

The bulk of the losses came from long positions, totaling a brutal $733.49M. Shorts didn’t get off easy either, adding $160.36M to the carnage. Here’s how it broke down:

  • Last Hour: $18.22M ($17.02M longs, $1.20M shorts)
  • 4 Hours: $50.18M ($42.67M longs, $7.51M shorts)
  • 12 Hours: $166.08M ($103.25M longs, $62.83M shorts)
  • 24 Hours: $893.85M ($733.49M longs, $160.36M shorts)

Lessons in Volatility

This price chaos isn’t just volatility; it’s a full-blown reminder that crypto is not for the faint of heart. Some traders bagged big wins, but others took devastating Ls. It’s a wild west out here—trade carefully or get rekt.

Why Bitcoin Plummeted to $65K in South Korea

Summary: Bitcoin is having a heck of a great time worldwide except for South Korea as its valuation took a nosedive after a shocking and drastic martial law announcement, leaving traders scrambling as chaos rocked the markets. Here’s what went down and how the market bounced back.

Martial Law Sends Shockwaves

On December 3, Bitcoin prices on South Korea’s Upbit exchange tanked to 92 million won (~$65,000), a staggering $30,000 below global rates. The crash came moments after President Yoon Suk Yeol dropped a bombshell on live TV, declaring martial law to “eliminate anti-state elements.” The drastic announcement was meant to address perceived threats from North Korea but instead triggered financial panic, with crypto markets bearing the brunt of the chaos.

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Liquidity? Poof, It’s Gone

Traders were left in shock as the market spiraled. A crypto analyst, Ltrd, explained the meltdown: “Everyone just dipped. The market had no buyers left.” With liquidity providers pulling out, a 10% price spread appeared, exposing how fragile South Korea’s crypto market really is. Unlike global markets, South Korea’s exchange ecosystem is tightly controlled, making it ridiculously hard for new players to jump in. This made the crash even worse as sell orders piled up, and there weren’t enough buyers to stabilize prices.

The Bounce Back

But here’s the plot twist: South Korea’s parliament wasn’t having it. Just hours later, lawmakers voted unanimously to cancel the martial law order, and President Yoon gave in. The calm returned fast, with Bitcoin prices rebounding to 135 million won (~$95,000) by day’s end. While the market recovered, the episode highlighted how thin liquidity and sudden political moves can shake even a giant like Bitcoin.

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Vladimir Putin: Bitcoin Is Unstoppable

Summary: Russia’s President Putin gives his valuable and well expected opinion on Bitcoin. He said BTC is unstoppable and thinks that the current nations movement favors BTC. From mining legalization to adoption growth, Russia is slowly reshaping its digital asset narrative.

Bitcoin’s Glow-Up in Russia



At the World Trade Center in Moscow, Putin didn’t mince words: “Nobody can stop Bitcoin.” He’s doubling down on crypto’s future, pointing out how digital assets can streamline payments and cut business costs. Russia’s been busy too—legalizing mining and rolling out tax laws to classify crypto as property.

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Adoption Is Heating Up

Crypto’s getting real traction in Russia. A cool 10% of the population, or 14.6 million people, own digital currencies, with citizens holding $7 billion in assets on exchanges. Surveys show one in five Russians has interacted with crypto. Even with crypto payments banned, the government is mulling over using Bitcoin for international trade—big moves for a country that once side-eyed digital currencies.

Challenges on the Chain

But it’s not all smooth sailing. Russia’s central bank digital currency (CBDC) plan is hitting roadblocks, with delays likely stretching out over two years. Energy shortages could spark mining bans in certain areas, adding to the hurdles. Despite this, Putin’s bullish vibes make it clear: Bitcoin and digital assets are here to stay, and Russia’s game plan is evolving.

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Japan’s Metaplanet Offers Bitcoin Rewards to Shareholders

Summary: Metaplanet is spicing things up by making sure shareholders are rewarded with juicy Bitcoin through a lottery system. The Tokyo-based firm aims to boost engagement while flexing its partnership with SBI VC Trade.

BTC Perks for Shareholders

Tokyo-listed Metaplanet is flipping the script on shareholder benefits. The company just announced a Bitcoin reward program tied to its collaboration with SBI VC Trade, a crypto-focused subsidiary of SBI Holdings. Shareholders holding at least 100 shares by Dec. 31 can score Bitcoin prizes through a lottery. To join, participants need to register on a special site by March 31, 2025.

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A total of 30 million yen (~$199,500) in BTC is up for grabs, with prizes ranging from $66 to $664 worth of Bitcoin. It’s all about boosting shareholder vibes and getting more eyes on Bitcoin adoption.

Stock Pump and BTC Strategy

The announcement gave Metaplanet’s stock a 4.58% glow-up, hitting $16. The firm also plans to raise $62M via stock acquisition rights to bulk up its Bitcoin holdings for treasury management. CEO vibes? Forward-thinking, with a side of crypto innovation.

This move is yet another step in Japan’s growing embrace of Bitcoin, and Metaplanet’s pivot shows how traditional firms can make crypto rewards a win-win for shareholders and treasury goals.

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MicroStrategy Hits $38B in Bitcoin Holdings

Summary : MicroStrategy has boosted its Bitcoin stash to 402,100 BTC, now worth over $38 billion. CEO Michael Saylor continues championing Bitcoin as a corporate asset, inspiring other firms to adopt similar strategies.

Massive Bitcoin Buy

MicroStrategy just made waves again, acquiring 15,400 Bitcoin for $1.5 billion at an average price of $95,976 per coin. This brings the company’s total holdings to 402,100 BTC, valued at $38 billion with Bitcoin trading at $95,194. The company has spent $23.4 billion on Bitcoin since 2020, now sitting on $15 billion in unrealized gains thanks to its bullish bet.

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The BTC Playbook

MicroStrategy finances its Bitcoin purchases through share sales and securities issuance, tracking growth with its “BTC Yield” metric. Quarter-to-date, BTC Yield is at 38.7%, jumping to 63.3% year-to-date. This approach has greatly managed to inspire other aspiring companies which does include some big names, like Tokyo-based Metaplanet and Marathon Digital, to adopt similar strategies.

Saylor’s Crypto Crusade

Michael Saylor isn’t showing any signs of slowing down. Over the course of just few weeks he pitched Bitcoin to Microsoft bought a huge amount of BTC for MicroStrategy and also doubling down on his sole mission to push corporate crypto adoption. Meanwhile, Marathon Digital announced a $700 million funding plan to buy Bitcoin and manage debts, signaling a growing trend of institutional Bitcoin accumulation. MicroStrategy remains the king of corporate BTC treasuries.

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