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Crypto market faces turbulence amid $2.6 Billion BTC and ETH Options Expiry
The cryptocurrency market experienced heightened volatility on December 20, 2024, as options contracts for Bitcoin (BTC) and Ethereum (ETH) worth a staggering $2.6 billion expired. The event was closely monitored by investors and analysts, given its potential to trigger significant…
Bitcoin becomes an official currency of El Salvador amid IMF loan negotiations
Key Points Overview El Salvador, the first country to adopt Bitcoin as legal tender, is scaling back its cryptocurrency policies in exchange for a $1.4 billion loan from the International Monetary Fund (IMF). This marks a significant shift for President…
Bitcoin Could Reach $200,000 by Mid-2025 Despite Potential Volatility, Bitfinex Predicts
Bitcoin’s price is expected to soar to as high as $200,000 by mid-2025, according to the latest forecast from Bitfinex. This significant rise is anticipated to be driven by an increase in institutional investments and the growing popularity of Bitcoin…
Bitcoin In Germany – Ex-Finance Minister Wants Bitcoin Policy To Be More Adaptable
Key Points: Lindner’s Call for Crypto Reform On December 16, Christian Lindner, leader of the Free Democratic Party (FDP), criticized the German government’s inaction on Bitcoin (BTC) and crypto regulations. Lindner emphasized the need for immediate reforms to keep Germany…
Bitcoin’s Surge of over $106,000 could lead itto $150,000 by the end of 2025
Key Takeaways Bitcoin skyrocketed to a record high on Monday, fueled by speculation that President-elect Donald Trump may establish a U.S. Bitcoin strategic reserve. The cryptocurrency touched an unprecedented $106,533 during the day before settling at $104,512, marking a 3%…
Latest Altcoin News
Top 5 Altcoins Poised For Explosive Growth: XRP, HBAR, LINK, SUI, and Internet Computer
In the ever-evolving cryptocurrency market, identifying promising altcoins for investment requires careful analysis of technological innovation, market potential, and overall adoption trends. Currently, five standout altcoins — XRP, HBAR, Chainlink, SUI, and Internet Computer — are gaining significant traction among…
HBAR Ready to Soar? Rare Patterns Signal Hedera Hashgraph Rebound
Recent technical indicators and market activity suggest that Hedera Hashgraph’s cryptocurrency, HBAR, might be gearing up for a major price rebound. Analysts have highlighted key bullish patterns on the charts, along with strong market fundamentals, pointing toward a potentially lucrative…
Ripple’s RLUSD is all set to launch on December 17, aiming to disrupt the $200B market
Key Takeaways: Ripple, the digital payment giant, has announced that its U.S. dollar-backed stablecoin, RLUSD, will officially launch on December 17. The stablecoin will be available on the XRP Ledger and Ethereum blockchain, serving markets across the Americas, the U.K.,…
Sweden’s Valour brings 20 Crypto ETPs in an Epic Launch
Twenty new digital assets, including, Solana, Ripple, Cardano, Sui, Toncoin, Binance, Chainlink and Dogecoin, Hedera to name a few, exchange-traded instruments have been added by Valour Inc. on Sweden’s Spotlight Stock Market. According to a corporate announcement, this is the…
Latest Business News
Trump Appoints Bo Hines to Presidential Council on Digital Assets – Cryptocurrencies and Blockchain
December 22, 2024 – Former President Donald Trump has named Bo Hines as Executive Director of the Presidential Council of Advisers for Digital Assets, a move signaling the administration’s focus on expanding the role of cryptocurrency and blockchain technologies in…
Top 5 Altcoins Poised For Explosive Growth: XRP, HBAR, LINK, SUI, and Internet Computer
In the ever-evolving cryptocurrency market, identifying promising altcoins for investment requires careful analysis of technological innovation, market potential, and overall adoption trends. Currently, five standout altcoins — XRP, HBAR, Chainlink, SUI, and Internet Computer — are gaining significant traction among…
Google’s New Rules for UK Crypto Ads: FCA Registration Now Mandatory
Google has announced a significant policy update for cryptocurrency advertising in the United Kingdom, requiring all crypto-related ads to register with the UK’s Financial Conduct Authority (FCA). The new rules will take effect on January 15, 2025, signaling Google’s commitment…
Bitcoin becomes an official currency of El Salvador amid IMF loan negotiations
Key Points Overview El Salvador, the first country to adopt Bitcoin as legal tender, is scaling back its cryptocurrency policies in exchange for a $1.4 billion loan from the International Monetary Fund (IMF). This marks a significant shift for President…
Bitcoin Could Reach $200,000 by Mid-2025 Despite Potential Volatility, Bitfinex Predicts
Bitcoin’s price is expected to soar to as high as $200,000 by mid-2025, according to the latest forecast from Bitfinex. This significant rise is anticipated to be driven by an increase in institutional investments and the growing popularity of Bitcoin…
Hong Kong Introduces Four New Exchanges to Boost Financial Landscape
In a significant move to solidify its position as a global financial hub, Hong Kong has introduced four new exchanges, each specializing in unique areas of trade and investment. These exchanges aim to diversify the city’s financial ecosystem and attract…
Coinbase surpasses Nasdaq and CBOE in revenue, climbing to fifth exchange globally
The cryptocurrency market is rapidly outpacing traditional financial exchanges, with Coinbase emerging as a dominant player, driven by a resurgence in market optimism following Donald Trump’s election victory. Key Highlights Market Valuation Insights Looking Ahead: The Battle Intensifies The Bottom…
Bitcoin In Germany – Ex-Finance Minister Wants Bitcoin Policy To Be More Adaptable
Key Points: Lindner’s Call for Crypto Reform On December 16, Christian Lindner, leader of the Free Democratic Party (FDP), criticized the German government’s inaction on Bitcoin (BTC) and crypto regulations. Lindner emphasized the need for immediate reforms to keep Germany…
Binance Launches Binance Alpha: A New Platform for Discovering Promising Crypto Projects
Binance has officially launched Binance Alpha, a new feature within the Binance Wallet that highlights emerging crypto projects with strong growth potential in the Web3 ecosystem. This platform acts as a pre-listing token pool, providing users with a closer look…
Ethereum Hits Milestone with Over 100 Whales Now Hold 57% of Total Ether Supply
Key Points: Whale Wallets Dominate Ethereum Supply Ethereum whale wallets now account for 57% of all Ether in circulation, according to on-chain analytics platform Santiment. In a December 16 post, the platform reported that 104 wallets holding over 100,000 ETH…
Bitcoin’s Surge of over $106,000 could lead itto $150,000 by the end of 2025
Key Takeaways Bitcoin skyrocketed to a record high on Monday, fueled by speculation that President-elect Donald Trump may establish a U.S. Bitcoin strategic reserve. The cryptocurrency touched an unprecedented $106,533 during the day before settling at $104,512, marking a 3%…
Sweden’s Valour brings 20 Crypto ETPs in an Epic Launch
Twenty new digital assets, including, Solana, Ripple, Cardano, Sui, Toncoin, Binance, Chainlink and Dogecoin, Hedera to name a few, exchange-traded instruments have been added by Valour Inc. on Sweden’s Spotlight Stock Market. According to a corporate announcement, this is the…
MicroStrategy could join Nasdaq 100 with a possibility of $2.1 billion investment
Key take aways: It is anticipated that $2.1 billion in ETF share purchases will result from MicroStrategy’s December 23 listing on the Nasdaq 100, which could strengthen its Bitcoin holdings. An official announcement is planned for this Friday, December 13,…
Bitcoin is rejected by Microsoft, but the ship would sail with or without!
Key take aways: This Tuesday, December 10, at 11:30 a.m. New York time, is the date of Microsoft’s annual shareholders meeting. Microsoft and Bitcoin, have a history! Microsoft has a cautious approach to Bitcoin. Due to low usage and regulatory…
BlackRock’s move to invest $9 trillion in XRP!
Key take aways: According to reports, BlackRock, the largest asset manager in the world with over $9 trillion in assets, is making a radical move by switching to Ripple’s XRP. The financial and cryptocurrency industries have taken notice of this…
Can Cardano’s (ADA) price surpass 200% before end of 2024?
Key take aways: The price of Cardano, a notable cryptocurrency, jumped above $1 in November, securing its place among the best-performing altcoins. Investor interest in alternative digital assets has increased as a result of this impressive rally, which reflects the…
$30 million losses with over 8.6K Solana wallets linked to DEXX Hack!
A document published by the cryptocurrency security company SlowMist lists over 8,620 Solana addresses that may be connected to the DEXX hacker. A security flaw in the memecoin trading terminal DEXX on November 16 caused losses for at least 900…
ZA Bank, Hong Kong’s largest digital bank to launch crypto trading
The biggest virtual bank in Hong Kong, ZA Bank, has introduced a new service that lets regular people purchase and sell Bitcoin and Ethereum with fiat money. Residents of Hong Kong must have an account with the bank and complete…
Anti-crypto Gary Gensler, Chair SEC, to step down!
The U.S. Securities and Exchange Commission Chair Gary Gensler has announced his resignation, which will take effect on January 20, 2025. Appointed by Biden Gensler has been outspoken in his opposition to crypto regulation. Following the House’s passage of the…
What is a crypto airdrop and how does it work?
Key take aways: Types of crypto airdrops: How crypto airdrops work? As part of its marketing strategy, a project usually offers to send free tokens to your wallet address at the start of a crypto airdrop. Here is a general…
Bitcoin goes up to $94K after the launch of ETFs are being heavily traded
Bitcoin surged to a fresh high above $94,000 on Wednesday after BlackRock’s iShares Bitcoin Trust (IBIT) made history as the first spot Bitcoin ETF approved for options trading. Nasdaq launched options trading for the IBIT ETF on Tuesday, recording nearly $1.9b…
Categories
- Bitcoin In Germany – Ex-Finance Minister Wants Bitcoin Policy To Be More Adaptable
- Hong Kong Introduces Four New Exchanges to Boost Financial Landscape
- Ethereum is almost at $4000, but could it hit it’s all time high to be at $5000?
- Ripple’s RLUSD is all set to launch on December 17, aiming to disrupt the $200B market
- Binance Launches Binance Alpha: A New Platform for Discovering Promising Crypto Projects