Bitcoin’s price is primed for a breakout before the end-of-month FOMC meeting, but it could go either way, says a crypto analyst. Source: https://cointelegraph.com/news/bitcoin-price-breakout-probability-end-january-fomc-meeting-10x-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
Dedollarization Advances: Russia and Myanmar Discuss National Currency Payment System
Efforts to trade using national currencies are intensifying, as nations aim to reduce reliance on the U.S. dollar and Western financial systems while boosting economic independence. Russia’s Plans for National Currency Payment Systems Signal Declining Dollar Use Countries worldwide are increasingly opting for national currencies in trade agreements, reducing reliance on the U.S. dollar and […] Source: https://news.bitcoin.com/dedollarization-advances-russia-and-myanmar-discuss-national-currency-payment-system/
Crypto advocate Tom Emmer named vice chair of crypto and AI subcommittee
“With Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to ensure that the future of digital assets is guided by Americans,” said Emmer. Source: https://cointelegraph.com/news/pro-crypto-congressman-tom-emmer-appointed-as-vice-chair-crypto-subcommittee?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Osprey Funds to seek SEC approval to convert Bitcoin trust into ETF
In a separate statement, Osprey said that the deal for Bitwise to acquire the Osprey Bitcoin Trust had been scuttled after failing to get the necessary regulatory approvals. Source: https://cointelegraph.com/news/osprey-funds-files-convert-obtc-into-an-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC Delays Decision on Bitwise 10 Crypto Index ETF Until March
The U.S. Securities and Exchange Commission (SEC) has deferred its decision on the Bitwise 10 Crypto Index exchange-traded fund (ETF), citing the need for additional time to thoroughly review the proposal. SEC Needs More Time to Decide on Bitwise 10 Crypto Index ETF The SEC disclosed its decision to extend the review period for a […] Source: https://news.bitcoin.com/sec-delays-decision-on-bitwise-10-crypto-index-etf-until-march/
Impeached South Korean president Yoon arrested weeks after martial law attempt
The impeached South Korean president was brought into custody for questioning by South Korea’s Corruption Investigation Office on Jan. 15. Source: https://cointelegraph.com/news/south-korea-president-yoon-arrested?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Indonesia could be charting new frontiers as a global adoption leader
Indonesia emerges as a global Web3 leader with high crypto adoption, a young tech-savvy population and supportive regulations. Source: https://cointelegraph.com/news/indonesia-could-be-charting-new-frontiers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Inflated TVL Figures Could Pop a $30B Bitcoin Defi Ecosystem
Two startups are joining forces to introduce a solution to verify total value locked (TVL) claims by Bitcoin decentralized finance (Bitcoin defi) projects. Why Bitcoin Defi Needs Proof-of-TVL At more than $30 billion in total value locked (TVL), Bitcoin decentralized finance (Bitcoin defi) is quickly becoming a profitable trend, but exaggerated TVL numbers from questionable […] Source: https://news.bitcoin.com/inflated-tvl-figures-could-pop-a-30b-bitcoin-defi-ecosystem/
Will This Week’s CPI Figures Keep Bitcoin on Track to $200,000?
Bitcoin could see a surge toward $200,000 in 2025, analysts say, as markets anticipate key U.S. inflation data and institutional capital flows drive momentum. Scheduled for release at 8:30 am ET Wednesday, the December Consumer Price Index (CPI) is expected to show a year-over-year increase of 2.9% and a monthly rise of 0.3%, according to MarketWatch data. Core CPI, which…
DreamSmart’s Web3 Smart Glasses Want to Pay You for Using AI
Artificial Intelligence. Augmented Reality. Crypto. Three of the most hyped buzzwords of modern tech have been weaved together in a way no one saw coming. DreamSmart, a company focused on developing intelligent hardware, and Up Network, innovators in AI agents, have joined forces to create the ultimate fusion: Web3 AI Smart Glasses with integrated agents. The glasses, set to be…