Bitfinex Derivates says its decision to relocate to El Salvador will help turn the country into a “financial services center” for Latin America. Source: https://cointelegraph.com/news/bitfinex-derivatives-el-salvador-crypto-license-will-relocate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
Machines, Not Humans to Drive Crypto’s Mass Adoption?
Fresh off of NVIDIA’s groundbreaking announcements on AI at CES 2025 on Tuesday, the crypto industry is abuzz with ideas. Observers see a radical shift emerging in crypto: the next wave of users might not be human at all. Leading crypto builders and investors are predicting a future where AI agents, not people, dominate blockchain networks—but they’re split on how…
US Bitcoin Reserve Could Trigger Bull Run of Epic Proportions
The U.S. could accumulate up to 400,000 bitcoins in 2025, a move Devere Group predicts could trigger a massive bull run and reshape global markets. Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It Nigel Green, CEO of Devere Group, an independent financial advisory firm, is forecasting that the U.S. could […] Source: https://news.bitcoin.com/us-bitcoin-reserve-could-trigger-bull-run-of-epic-proportions/
US Bitcoin Reserve Could Trigger Bull Run of Epic Proportions
The U.S. could accumulate up to 400,000 bitcoins in 2025, a move Devere Group predicts could trigger a massive bull run and reshape global markets. Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It Nigel Green, CEO of Devere Group, an independent financial advisory firm, is forecasting that the U.S. could […] Source: https://news.bitcoin.com/us-bitcoin-reserve-could-trigger-bull-run-of-epic-proportions/
Bitcoin Faces Short-Term Pressure Amid Macro and Sentiment Shifts
Bitcoin is under short-term pressure as macroeconomic shifts and changing sentiment continue to weigh on upward momentum. Despite reaching a record high of over $108,000 in December, Bitcoin has seen a reversal driven by a strengthening U.S. dollar, heightened volatility, and cautious positioning among traders. That’s according to Joe McCann, founder and CEO of crypto investment firm Asymmetric, who has…
Bitcoin investor ordered to hand over crypto keys in landmark tax case
A Texas federal court judge ordered Frank Richard Ahlgren III and any associates to hand over any crypto public and private keys, accounts and access codes. Source: https://cointelegraph.com/news/bitcoin-investor-ordered-hand-over-crypto-keys-landmark-tax-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nation-state Bitcoin adoption to drive crypto growth in 2025: Fidelity
Fidelity Digital Assets research analyst Matt Hogan said not making any Bitcoin allocation could become more of a risk to nations than making one. Source: https://cointelegraph.com/news/nation-state-bitcoin-adoption-drive-crypto-growth-fidelity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple’s Survey Signals Massive Blockchain Payment Adoption Across Middle East and Africa
Crypto is transforming finance across the Middle East and Africa, with payments, digital assets, and cross-border transactions leading the charge, Ripple’s survey reveals. Ripple Reveals How Blockchain Will Dominate Finance Across the Middle East and Africa Ripple’s Managing Director for the Middle East and Africa, Reece Merrick, highlighted the increasing role of cryptocurrency in payments, […] Source: https://news.bitcoin.com/ripples-survey-signals-massive-blockchain-payment-adoption-across-middle-east-and-africa/
Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value
Microstrategy’s bold bitcoin strategy added $14 billion in shareholder value in 2024, with BTC holdings soaring to 447,470 as corporate adoption accelerates. Microstrategy’s Bitcoin Empire Surges – $22B in BTC for 2024 Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), has shared details on the company’s bitcoin acquisitions for 2024, highlighting significant […] Source: https://news.bitcoin.com/microstrategy-acquired-258320-btc-in-2024-adding-14b-in-shareholder-value/
Bitcoin downward pressure ‘abated’ as sell-side markets shrink
Bitcoin’s price may not experience significant downward movement in the short term, as sell-offs on crypto exchanges are “shrinking at a rapid pace,” Bitfinex analysts say. Source: https://cointelegraph.com/news/bitcoin-price-dow-pressure-sell-side-liquidity-markets-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound