MicroStrategy’s Bitcoin portfolio has an unrealized gain of over $19.3 billion at press time. Source: https://cointelegraph.com/news/microstrategy-pay-unrealized-tax-bitcoin-holdings-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
From Hype to Reality: BingX’s CPO Vivien Lin Talks $TRUMP, Memes, and Mainstream Crypto Adoption
What do a U.S. President, meme tokens, and cryptocurrency exchanges have in common? Together, they are driving the conversation around mainstream crypto adoption. Donald Trump launched his new meme token $TRUMP on January 18th, just 2 days before his inauguration, while his wife Melania followed suit with $MELANIA on the day of his swearing-in, spreading […] Source: https://news.bitcoin.com/from-hype-to-reality-bingxs-cpo-vivien-lin-talks-trump-memes-and-mainstream-crypto-adoption/
Cryptoquant CEO: China May Already Have Sold Its Bitcoin Stash
Ki Joung Yu, founder and CEO of Cryptoquant, stated that while most lists include China as one of the countries with the most bitcoin, the Chinese government may have already sold its BTC reserves back in 2019. Cryptoquant CEO: China Might Be out of Bitcoin Already While most bitcoin reports list China as one of […] Source: https://news.bitcoin.com/cryptoquant-ceo-china-may-already-have-sold-its-bitcoin-stash/
‘Bitcoin reserve or nothing’ — Ripple slammed for pushing multi-asset reserve
The Bitcoin community is unhappy with Ripple pushing the creation of a diversified crypto reserve, slamming the firm for “prioritizing their own interests.” Source: https://cointelegraph.com/news/ripple-xrp-obstacle-bitcoin-reserve-pierre-rochard?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
THORChain pauses Bitcoin, Ether lending amid insolvency risks
THORChain temporarily suspended lending and savers programs to prevent insolvency and safeguard liquidity providers. Source: https://cointelegraph.com/news/thorchain-pauses-bitcoin-ether-lending-amid-insolvency-risks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump’s executive order excludes Fed, FDIC from crypto working group
The executive order will also exclude the US central bank from future stablecoin regulation, according to industry insiders. Source: https://cointelegraph.com/news/trump-executive-order-excludes-fed-fdic-crypto-working-group?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto 'confused' on Trump stockpile as Bitcoin price rejects at $106K
Bitcoin and crypto benefits on the back of US President Donald Trump’s executive order are “100% not priced in.” Source: https://cointelegraph.com/news/crypto-confused-trump-stockpile-bitcoin-price-rejects-106-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vitalik outlines strategy for scaling Ethereum and strengthening ETH
Vitalik Buterin released a blog post outlining an Ethereum scaling roadmap, including layer-2 growth, blob scaling and ETH as a core ecosystem driver. Source: https://cointelegraph.com/news/vitalik-strategy-scaling-ethereum-strengthening-eth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Is the scrapping of SAB 121 a poisoned chalice for Bitcoin?
Community members argued that encouraging banks to hold other people’s Bitcoin strays from the original vision of its creator, Satoshi Nakamoto. Source: https://cointelegraph.com/news/sab-121-repeal-bitcoin-self-custody?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC Repeals SAB 121, Opening the Floodgates for Banks to Enter the Crypto Market
The SEC has repealed SAB 121, ending a saga involving a congressional bill and a presidential veto. This opens new possibilities for traditional financial institutions, that are now free to offer crypto services involving custody to their customers. SEC Repeals SAB 121, Opens New Era for Crypto in Traditional Finance One of the last obstacles […] Source: https://news.bitcoin.com/sec-repeals-sab-121-opening-the-floodgates-for-banks-to-enter-the-crypto-market/