South Korea is contemplating lifting the de facto ban on institutional investment in cryptocurrencies. This decision aligns with the campaign promises of President Yoon Suk-yeol, who has promoted a stronger digital asset sector in the Asian country. The news becomes especially relevant just as Donald Trump is about to take office as the first pro-bitcoin … Read more
Bitcoin, ether and BNB will be part of that entity’s strategic reserves. The reserve will improve the economic resilience of that administrative region, according to the announcement. The special administrative region of Bhutan Gelephu Mindfulness City (GMC) announced this Wednesday that it will recognize bitcoin (BTC), ether (ETH) and BNB as part of its strategic … Read more
Uncertainty and misinformation combined to drive declines in the USDT market. Exchanges have a grace period of 6 to 18 months, to comply with MiCA. With the recent entry into force of the Regulation on the Market in Cryptoassets (MiCA) in the European Union, USDT (Tether) has been in the eyes of many. This is … Read more
Following the United States elections, and the pro-Bitcoin stance expressed by the winning candidate, Donald Trump, there are expectations about how this fact will influence the votes that will be held around the world in the coming months. In this way, the focus is on the role that bitcoin will play in electoral campaigns, given … Read more
Gautam Chhugani highlights the usefulness of ETH in the dApp ecosystem. Much of the ETH issued is staking, says the analyst. Analysts at research and brokerage firm Bernstein predict that Ethereum’s cryptocurrency ether (ETH) will have a breakout year in 2025. Gautam Chhugani, who leads the analysis, assures that ETH could establish itself as the … Read more
According to these analysts, institutional adoption of bitcoin (BTC) will increase. There are projections of an “extremely bullish” 2025. With 2025 approaching, there is “an unprecedented year ahead,” according to financial analysis company Stony Chambers Asset Research. in a new report In this regard, he warns that Institutional bitcoin adoption in 2024 like never before … Read more
In this era, bitcoin (BTC) would cease to be controversial, but would gain widespread acceptance. Bernstein maintains his bitcoin projection at $200,000 this year. According to the investment company Bernstein, the bitcoin (BTC) and cryptocurrency market enters what it considers “the era of infinity” this year. This is stated in a new note this week, … Read more
Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), announced his resignation. It will come into force on January 20, 2025, the date of the inauguration of the president-elect of the United States, Donald Trump. According to a release Published on the CFTC’s official site this January 7, Behnam follows in the footsteps of … Read more
Today, there is no reliable way to trade RLUSD outside of a few centralized exchanges. The DeFi contracts available for the RLUSD token are fraudulent. Ripple announced that it will use Chainlink, the finance standard that connects smart contracts with real-world price data, to enable trading of its new stablecoin (RLUSD) on decentralized exchanges. This … Read more
Employment data was released in the United States. The market would be anticipating that the Fed will not make interest rate cuts in the coming months. One more time, bitcoin (BTC) lost $100,000 support. At the time of writing, the digital currency is trading at $98,065 on major exchanges. Paradoxically, what caused this decline is … Read more