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…
Category: News
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
Finnish police seize watches worth $2.6M from Hex founder Richard Heart: Report
Finnish police have seized more than $2.6 million worth of luxury watches from Hex founder Richard Heart, who is wanted on tax fraud and assault charges in the country. Source: https://cointelegraph.com/news/finnish-police-seize-luxury-watches-hex-richard-heart?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Most Eye-Catching and Absurd AI Products Unveiled at CES 2025 So Far
As CES 2025 unfolds, one thing is clear—artificial intelligence is everywhere. From TVs to vacuum cleaners, consumer electronics companies are racing to showcase the new AI features, sometimes shoehorned, into their products. Some of these AI-powered products are impressive, while others stretch the meaning of “artificial intelligence” to its limits. Here’s a look at some of the most eye-catching and…
Illuvium partners with Virtuals, bringing autonomous AI NPCs to its games
Illuvium says the partnership with AI agent protocol Virtuals will allow its in-game NPCs to adapt quests, dialogue and challenges based on the player’s actions. Source: https://cointelegraph.com/news/illuvium-virtuals-partner-ai-npcs-overworld-games?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DLT Will Rebuild Trust in AI
During the 2024 U.S. election campaign, a deepfake video spread across social media, falsely alleging voter fraud. Elsewhere, biased data in healthcare has warped AI outcomes, jeopardizing patient care. Opaque algorithms undermine decisions, destabilize markets, and erode trust in financial systems. AI’s risks are escalating, and its flaws are chipping away at public confidence. The […] Source: https://news.bitcoin.com/dlt-will-rebuild-trust-in-ai/