South Korea is set to relax its ban on investing in crypto by corporations and will therefore bring about a significant change in policy that will help open up the market for digital assets to new institutions. The Financial Services Commission has been seen to have updated the guidelines to
Bitcoin hovered near $92,000 on early Monday as the Asian market opened comparatively higher than previous days. Investors are also looking for the US inflation data to be released this week, another on Washington’s tariff fight and the Federal Reserve’s increased political drama. The China and Hong Kong markets have
As per the data released by CryptoSlam, NFT sales volume has surged by 27.65% to $62.58 million, slipping from last week’s $88.29 million. The market participation has collapsed, with NFT buyers slipping by 82.75% to 60,985 and sellers slipping by 77.69% to 56,228. NFT transactions got reduced by 23.64% to
As January began, U.S. spot Bitcoin and Ethereum ETFs showed signs of recovery in the first few days, but the momentum was reversed as both saw significant outflows in the following days. According to SoSoValue data, United States Spot Bitcoin and Ethereum Exchange-traded funds together saw outflows of over $1
The Iranian government blocked all access to the internet across the country yesterday in response to the spread of protests throughout Iran, reigniting discussion over whether cryptocurrency is still possible amidst extreme levels of connectivity restriction. The move comes as a result of Iran’s deteriorating economy and its Iranian rial
Today, the price of Bitcoin settled around $91,000, as Asian markets opened comparatively higher and traders aligned the upcoming catalysts, the US nonfarm payrolls report and a potential Supreme Court ruling on President Donald Trump’s tariffs. The Shanghai market witnessed a 0.58% rise, the SZSE Component gained 0.36%, and Hong
El Salvador has added additional Bitcoin to its national reserves as the Central American nation continues its high-profile embrace of digital assets. The latest purchase marks another step in the government’s multi-year effort to integrate Bitcoin into its financial strategy following the asset’s adoption as legal tender in 2021. According
Investors are racking their brains to find early movers with high momentum as Bitcoin is getting closer to what many analysts consider a new upward trend to the $120,000 region. Little Pepe enters this conversation almost instantly, especially as its Layer 2 chain and presale metrics continue to pull heavy
Canaan, the Bitcoin mining hardware manufacturer, has launched a Green energy Project in Manitoba, Canada, with a project size of 3 Megawatts (MW) with a 24 month durations. The Project is mainly about turning the heat produced by the Bitcoin mining machines into the Energy for agriculture, especially to heat
A crypto analyst just closed his short position on BTC, citing the inability to take out the daily high on the token. He further emphasized being on the lookout for a re-entry point to the said position. Meanwhile, BTC price remains above the $90k mark with a strong hold over
