Here are some of the latest Bitcoin (BTC) news updates:
*Recent Price Updates*
- Bitcoin's current price is $107,613.77, with a 1.50% increase in the last 24 hours
- The cryptocurrency has shown bullish momentum, with some top voices predicting it could reach $1 million
*Market Developments*
- *Metaplanet's Bitcoin Acquisition*: Metaplanet Inc., a Japanese company, has acquired an additional 1,112 Bitcoin, bringing its total holdings to 10,000 BTC
- *Institutional Investment*: Institutional interest in cryptocurrencies is increasing, with growing volumes in Bitcoin and Ethereum exchange-traded funds (ETFs)
- *Bitcoin Derivatives*: Bitcoin derivatives are falling behind spot prices, which could be a bullish sign
*Regulatory Updates*
- *China's Crypto Ban*: China has imposed a fresh ban on holding cryptocurrencies, including Bitcoin
- *Ukraine's Bitcoin Reserve*: Ukraine is planning to add Bitcoin to its national reserves through a draft law
- *US DOJ Recovery*: The US Department of Justice has recovered $680,000 tied to a crypto exploit and is returning funds to the victim
*Other News*
- *GameStop's Bitcoin Investment*: GameStop has invested $513 million in Bitcoin, purchasing 4,710 BTC
- *Bitcoin Adoption*: Bitcoin adoption is intensifying in Romania, with the state-owned postal company installing crypto ATMs
- *Crypto Inflows*: Crypto inflows have reached $1.9 billion, despite geopolitical turmoil ¹ ² ³
