Spot crypto ETFs in the US have seen outflows for the first time since Donald Trump was elected, as both Bitcoin and Ethereum fell on the day. Source: https://cointelegraph.com/news/trump-trade-over-bitcoin-etfs-see-first-outflow-since-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category: News
Australia’s DigitalX Slashes Costs, Reports 99% Annual Gain in Bitcoin Fund
Australian crypto fund manager DigitalX plans to position itself as a “flag bearer” for digital assets, preparing for what it sees as the crypto industry’s “mainstream moment” following major breakthroughs and global political shifts, particularly in the U.S. DigitalX said Thursday it is undergoing significant cost reductions for its operations, cutting $950,000 (US$614,000) in annualized costs through restructuring its funds…
US State Introduces Bill to Establish Bitcoin Reserves in Treasury Funds
A Pennsylvania lawmaker has introduced a bill allowing state funds to invest in bitcoin as a hedge against inflation, aiming to strengthen financial stability. Bill Introduced in Pennsylvania to Build Bitcoin Reserves for State Funds Pennsylvania State Representative Mike Cabell announced Tuesday that he is introducing a bill to allow the state’s Treasury and pension […] Source: https://news.bitcoin.com/us-state-introduces-bill-to-establish-bitcoin-reserves-in-treasury-funds/
Consensys decentralized Infura launches as EigenLayer AVS
The decentralized Web3 marketplace will leverage EigenLayer’s infrastructure to improve accessibility and reduce development costs. Source: https://cointelegraph.com/news/consensys-decentralized-infura-launches-eigen-layer-avs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
$500K Bitcoin: Novogratz’s Take on US BTC Reserve Plan
Galaxy Digital’s CEO predicts bitcoin could soar to $500,000 if Trump follows through with plans for a U.S. strategic bitcoin reserve, redefining global crypto policy. $500,000 Bitcoin? Bold Predictions as US Considers Strategic Crypto Reserve Michael Novogratz, CEO of Galaxy Digital, has predicted that bitcoin’s value could surge to $500,000 if the U.S. establishes a […] Source: https://news.bitcoin.com/500k-bitcoin-novogratzs-take-on-us-btc-reserve-plan/
Bitcoin to hit ‘repeated all-time highs’ over next 2 quarters: VanEck
Matthew Sigel, VanEck’s head of digital assets research, says Bitcoin is in “blue sky territory” and expects the cryptocurrency to run up to $180,000 in 2025. Source: https://cointelegraph.com/news/bitcoin-repeated-all-time-highs-expected-over-next-2-quarters-vaneck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Former SEC Chair Expects Pro-Crypto Shift in Trump Administration
Former SEC chairman predicts Trump’s administration could drive crypto-friendly legislation, easing regulatory constraints and fostering innovation within the digital asset industry. SEC Shake-Up: Could Trump’s Team Transform Crypto Legislation? Ex-SEC Chief Weighs In Jay Clayton, former chairman of the U.S. Securities and Exchange Commission (SEC), said on Wednesday that cryptocurrency legislation is likely to emerge […] Source: https://news.bitcoin.com/former-sec-chair-expects-pro-crypto-shift-in-trump-administration/
Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
Bitcoin’s price tumbled after the United States Federal Reserve Chair Jerome Powell cast doubt on an interest rate cut in December. Source: https://cointelegraph.com/news/bitcoin-price-volatility-federal-reserve-united-states-interest-rate-cut-uncertainty?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC crypto cases will be ‘dismissed or settled’ under Trump: Consensys CEO
The crypto industry is “going to save hundreds of millions of dollars” with Donald Trump as president, Consensys CEO Joe Lubin forecasts. Source: https://cointelegraph.com/news/sec-crypto-cases-dismissed-donald-trump-united-states-consensys-joe-lubin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russell Okung’s New Football League Wants Players to be Paid in Bitcoin
Bitcoiners, are you ready for some football? Not only can you play football, but retired Carolina Panthers NFL player Russell Okung wants to make sure players in his new flag football league, aptly named Bitball, are paid in Bitcoin. Okung announced the new venture on X (formerly Twitter) on Thursday. Okung began envisioning a league where players earn Bitcoin, fans…