Sun, February 2

Bitcoin’s Evolution: From Digital Currency to a Revolutionary Ecosystem Powerhouse

This has been a rollercoaster of a year.  Between world events, politics, financial markets, and technology advances, it has honestly been hard to keep up with it all.  Amazing feats have been accomplished, and terrible tragedies have occurred.  And through it all, the financial markets have responded, reacted, and essentially

December 26, 2024 5 mins read

Russia Embraces Bitcoin for International Trade Amid Sanctions

Anton Siluanov, Russia’s Minister of Finance, acknowledged that the country is now prioritizing Bitcoin and other cryptocurrencies in its foreign commerce. In light of the new regulations, Russian companies are reportedly engaging in international commerce using Bitcoin and other digital currencies, as he recently said. Speculation in the market has

December 26, 2024 2 mins read

U.S. Spot Bitcoin ETFs Face $1.5B in Outflows, Largest Streak Since Trump Win

The U.S. spot Bitcoin exchange-traded funds (ETFs) have recently experienced a sharp reversal in their flow patterns. On December 24, these funds saw $338.4 million in net outflows, marking the fourth consecutive day of outflows, which have now reached $1.52 billion over the past four days. This comes after strong

December 25, 2024 2 mins read

Matador Technologies Adds Bitcoin and USD-Assets to its Balance Sheet

Major organizations across the world are eyeing Bitcoin to maintain their reserves, mitigating the risks associated with fiat currency reserves. While this strategy was originally adopted by Microstrategy years back, global firms and governments are onboarding this year. The latest to join the Bitcoin reserve strategy club is Canadian firm

December 24, 2024 2 mins read

Robert Kiyosaki Warns of Global Economic Crisis, Advises Caution

A worldwide economic downturn is imminent, according to the author of Rich Dad Poor Dad, Robert Kiyosaki. As previously predicted, the world market crisis has started, according to the famous author’s latest social media post, suggesting that the financial markets may soon enter a “depression” phase. Anxieties regarding Bitcoin’s (BTC)

December 23, 2024 2 mins read

Quantum Computing is Not an Immediate Threat to Bitcoin

In recent days, the potential of quantum computing to disrupt Bitcoin’s security has become a hot topic. While the idea of advanced quantum computers breaking Bitcoin’s cryptography may sound alarming, many experts in the field believe these concerns are premature and often exaggerated. Key voices in cryptocurrency, such as Ki

December 22, 2024 3 mins read

Peter Schiff Proposes ‘USA Coin’ as Alternative to Strategic Bitcoin Reserve

Peter Schiff has again made his strong stance against the Strategic Bitcoin Reserve known. This time, the renowned economist has proposed an alternative that the US could adopt instead of implementing a Strategic Bitcoin Reserve. In an X post, Peter Schiff stated that the US could save a lot of

December 22, 2024 2 mins read

Bitcoin price surges to $99.5K in just hours after record ETF outflows

Bitcoin saw a price jump, gaining $7,000 in less than 24 hours. It bounced back from lows near $92,000 and came close to hitting $100,000, with a high of $99,500 on Bitstamp. This rise was mainly driven by strong buying on Coinbase, which helped push prices higher despite the lack

December 21, 2024 2 mins read

Social Media Buzz on ‘Buy the Dip’ Surges to 8 Month High as Bitcoin Dips

Social media discussions about “buying the dip” have surged to an eight-month high as Bitcoin’s price recently fell below $100,000. This decline sparked a wave of chatter among investors, with the social dominance score hitting its highest level since April. Despite the drop, search interest in crypto remains strong, signaling

December 20, 2024 2 mins read

El Salvador Buys 11 Bitcoin a Day After IMF Loan Deal

El Salvador has been purchasing 11 BTC for $1 million, a day after reaching a $1.4 billion loan agreement with the International Monetary Fund (IMF). This purchase adds to the country’s growing Bitcoin reserves, totalling nearly 6,000 BTC, valued at around $580 million. However, this move comes at a critical

December 20, 2024 2 mins read
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