Ukrainian lawmakers have introduced a new bill that would allow the National Bank of Ukraine to include cryptocurrencies such as Bitcoin in the country’s state reserves. The proposal submitted to parliament on Tuesday seeks to amend current banking laws to recognize crypto assets alongside gold and foreign currencies.

The bill does not force the central bank to hold Bitcoin but gives it the power to decide whether to allocate part of its reserves to digital assets. Member of Parliament Yaroslav Zhelezniak confirmed the news and emphasized that decisions on how much and when to invest in crypto will be left entirely to the central bank.

Supporters say this move will help Ukraine embrace global financial innovations and strengthen macroeconomic stability. Zhelezniak noted that a well-managed crypto reserve could support the country’s digital economy. He also referenced other nations like the United States El Salvador and Switzerland that are exploring or already holding crypto as part of their strategic reserves.

Bill

Bitcoin has reached new all-time highs with a strong 11.1% rise in May outperforming gold and pushing past major resistance levels according to a new report from ARK Invest. The surge comes as key sectors of the US economy show growing signs of stress including housing and auto sales.

The housing market is facing a sharp imbalance with more sellers than buyers due to steep interest rate hikes since 2022. Affordability continues to drop putting downward pressure on home prices. At the same time auto sales plummeted in May falling to 15.6 million units after topping 17 million in April as the impact of earlier tariff-related buying faded.

While traditional assets weaken investors are shifting funds toward bitcoin. Spot bitcoin ETFs attracted $5.5 billion in May over three times the amount seen in gold ETFs. ARK says bitcoin’s rise is not driven by hype but by strategic capital reallocation as buyers seek stability and yield in an uncertain economy.

Today, the Executive Chairman and CEO of Strategy Michael Saylor commented on the company’s aggressive Bitcoin-based strategy in a recent interview at Bloomberg, emphasizing that Bitcoin is not going to zero, it is going to $1 million.

“I think we’re in a digital gold rush and you’ve got ten years to acquire all your bitcoin before there’s no bitcoin left for you,” Saylor said. “The competition is a virtuous competition.” 

Saylor also said that Bitcoin is not going to have bear markets anymore and the price is going to $1 million per coin.

“Winter is not coming back,” commented Sayor. “We are past that phase. If Bitcoin is not going to zero, it is…

Read more on BitcoinMagazine

What is an economic node? To understand that, you need to first conceptually understand how a user interacts with the Bitcoin network in the first place. 

Bitcoin is a database, and a network to facilitate the updating and synchronization of updates to that database, used for the primary purpose of people transacting bitcoin (entries in the database). 

The primary concern of a user making use of Bitcoin for this purpose is the validity of the transactions sent to them, i.e. is the money they have received valid in the sense that when they go forward in the future to spend it somewhere else that other people will also widely accept it as valid. If that is not the case, then it…

Read more on BitcoinMagazine

Today, Bitwise Asset Management announced the launch of the Bitwise GME Option Income Strategy ETF (IGME), the first-ever covered call ETF centered around GameStop (GME). The fund arrives at a moment where GameStop recently made headlines for its $500 million Bitcoin treasury strategy.

GameStop is embracing bitcoin; we built an income-generating ETF designed to capture that hype and turn it into yield.

Introducing $IGME: The first option income ETF capitalizing on investor interest in @gamestop and their adoption of bitcoin as a treasury asset.

As the fourth… pic.twitter.com/EHaXX9PK7X

— Bitwise (@BitwiseInvest) June 10, 2025

Led by Bitwise’s Head of Alpha Strategies Jeff…

Read more on BitcoinMagazine

Bitcoin has officially completed 30 consecutive days trading above the $100,000 mark, marking a historic milestone in its 15 year journey. Bitcoin achieved its all time high (ATH) of $111,980 on May 22, almost hitting $112,000.

In the last 30 days, Bitcoin saw a 10 percent pullback right after reaching its ATH, dropping to $100,428. However, it wasn’t for long, as Bitcoin is back at $109,511 at the time of writing. Momentum appears to be building once again, signaling to be bullish.

“Anytime price is able to punch through a major resistance level, whether psychological or historical, and successfully hold, it is certainly a bullish sign,” said the technical analyst of…

Read more on BitcoinMagazine

American Bitcoin Corp (ABTC), a newly formed private Bitcoin mining company backed by Eric Trump and Donald Trump Jr., announced in a June 10 SEC filing that it has acquired 215 Bitcoin (BTC) since launching operations on April 1, 2025. The reserve is currently valued at approximately $23 million, showing their drive and commitment to Bitcoin. 

JUST IN: American Bitcoin Corp (private) reports to have 215 #bitcoin (per 31 May) since it’s launch on April 1, 2025.

They will merge with Gryphon Digital $GRYP and become public under ticker $ABTC.

They mention “Bitcoin accumulation is not a side effect of ABTC’s business.… pic.twitter.com/wq1Uxr76Z2

— NLNico (@btcNLNico) June 10,… Read more on BitcoinMagazine