The addition of bitcoin, ethereum, and binance coin as part of GMC’s strategic reserves will expand Bhutan’s digital assets ecosystem. Bhutan’s GMC Adds BTC, ETH, and BNB to its Strategic Reserves Bhutan‘s new special administration region, Gelephu Mindfulness City (GMC) has announced that it will acknowledge digital assets like BTC, ETH, and BNB as part […] Source: https://news.bitcoin.com/bhutans-gmc-adopts-bitcoin-and-other-digital-assets-in-citys-strategic-reserves/
Month: January 2025
Ripple’s RLUSD stablecoin to list ‘imminently’ on more exchanges — Exec
Ripple President Monica Long added that XRP will likely receive its spot ETF approval “very soon.” Source: https://cointelegraph.com/news/ripple-s-rlusd-stablecoin-to-list-imminently-on-more-exchanges-says-monica-long?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pakistani Trader Kidnapped, Forced to Hand Over $340,000 in Crypto
A Pakistani cryptocurrency trader, Mohammed Arsalan, was kidnapped in a scheme that involved local law enforcement officers and released after paying his captors $340,000 in crypto. Investigation into the case led to seven arrests so far, according to a recent report by local English-language news outlet Dawn. Per the report, a suspected policeman is still at large and an officer…
Ai-Driven Crypto Research Platform SoSoValue Raises $15 Million Series A to Launch the Investible Spot Index Protocol SSI
PRESS RELEASE. 8 January, 2025 / Singapore – SoSoValue, the leading AI-driven investment research platform, announced today that it has raised $15 million in a Series A. This comes on the back of strong growth over the last month, surpassing eight million registered users. This comes as crypto assets continue hitting higher all-time prices and […] Source: https://news.bitcoin.com/ai-driven-crypto-research-platform-sosovalue-raises-15-million-series-a-to-launch-the-investible-spot-index-protocol-ssi/
South Korea Wants to Lift Its Ban on Institutional Crypto Trading: Report
South Korea is set to relax its restrictions on institutional crypto trading, making a major policy shift as the government looks to support the nation’s crypto sector. The country’s Financial Services Commission (FSC) plans to gradually grant institutions access to local crypto exchanges, starting with non-profit organizations, according to a translated Yonhap News Agency report. For years, banking guidelines have…
Bhutan economic hub to set up strategic crypto reserve
Bhutan’s Gelephu Mindfulness City wants to set up a strategic reserve with several established cryptocurrencies. Source: https://cointelegraph.com/news/bhutan-gelephu-hub-strategic-reserve-bitcoin-ether-bnb?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Texas Court Orders Bitcoin Investor to Surrender Keys to $124 Million Stash
A federal judge has ordered an early Bitcoin investor to surrender encryption keys that could unlock approximately $124 million in crypto, marking an unprecedented move in the U.S. government’s efforts to seize digital assets in tax evasion cases. According to the order issued by U.S. District Judge Robert Pitman on Monday, Ahlgren must disclose all private keys and identify any…
Beyond Bitcoin Mining: Hut 8 Targets the Intersection of Energy and Technology, Says CEO Asher Genoot
Asher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the company’s commitment to empowering next-generation technologies with its dual focus on bitcoin and AI. Sustainable and Scalable Energy Solutions Are Vital for Transformative Technologies As bitcoin trades above $100,000 again amidst surging institutional interest, Asher Genoot, CEO of Hut 8 […] Source: https://news.bitcoin.com/beyond-bitcoin-mining-hut-8-targets-the-intersection-of-energy-and-technology-says-ceo-asher-genoot/
Musk, Crypto leaders back Poilievre as Trudeau announces exit
Many in the crypto industry back pro-Bitcoin candidate Pierre Poilievre, who has an 89% chance of winning Canada’s upcoming election, according to Polymarket. Source: https://cointelegraph.com/news/musk-crypto-leaders-back-poilievre-as-trudeau-announces-exit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin hourly RSI falls to most 'overbought' since $60K BTC price
BTC price weakness has an instant impact on RSI, which crashed to “overbought” levels not seen since early October. Source: https://cointelegraph.com/news/bitcoin-hourly-rsi-most-overbought-since-60k-btc-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound