Monthly archives: January 2025

Bitcoin (BTC) is currently under pressure from macro risks and any retracement below $90,000 presents a “medium-term” buying opportunity, according to Standard Chartered head of digital assets research Geoffrey Kendrick. In a Jan. 14 research note, Kendrick emphasized the value of strategic accumulation despite ongoing market turbulence. He added that the price falling below key …

Continue reading “StanChart recommends buying Bitcoin below $90,000, reaffirms $200k year-end price projection”

Bitwise chief investment officer Matthew Hougan believes that companies adding Bitcoin (BTC) to their balance sheets are no longer an anomaly but a burgeoning megatrend that could transform the crypto market this year. In a recent memo to clients, Hougan highlighted that MicroStrategy has been making the headlines with its aggressive BTC accumulation strategy. The company …

Continue reading “Accounting rule changes have turned Bitcoin from risky venture to corporate must-have – Bitwise”

USD Coin (USDC) surpassed $20 trillion in cumulative transaction volume in 2024, according to a report published by Circle. In November 2024 alone, USDC recorded $1 trillion in monthly transaction volume. The report highlighted USDC’s role as a digital representation of the US dollar integrated into various blockchains. Moreover, USDC circulation grew 78% year-over-year. The …

Continue reading “USDC surpasses $20 trillion in all-time transaction volume”

The Bank of England (BoE) and HM Treasury reported significant progress in the design phase of the digital pound, a proposed central bank digital currency (CBDC) that would complement traditional banknotes and enhance the UK’s payment infrastructure. The update highlighted efforts to align the initiative with the nation’s evolving payments landscape and broader economic goals. The …

Continue reading “Bank of England advances design phase of ‘digital pound’ CBDC”

Japan, South Korea, and the US warned the global crypto industry about threats posed by hacks attributed to North Korean actors in a joint statement published on Jan. 14. According to the statement, groups allegedly tied to the Democratic People’s Republic of Korea (DPRK) are targeting exchanges, crypto custodians, and individual users. It highlighted the activity …

Continue reading “Japan, South Korea, and the US issue joint warning over North Korea-related crypto thefts”

The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum to advancements in blockchain infrastructure, expanded regulatory clarity, and increasing global demand for efficient payment …

Continue reading “Circle Reports $18 Trillion in Lifetime USDC Transactions”

QCP Capital has observed a notable recalibration in global market expectations regarding Federal Reserve policy, marked by the 10-year Treasury yield ascending to 4.8%—its highest level since late 2023. QCP Advises Caution While ‘Shrimp’ Investors Quietly Amass 17,600 Btc Monthly, Defying Market Turbulence In an adjustment that reflects shifting sentiment, markets now foresee no rate …

Continue reading “Rate Cuts Delayed, Crypto Cautious, QCP Capital Insights Highlight Key Risks”

Bitcoin Magazine aims to aim to equip a minimum of one million Japanese with the knowledge and tools to be a part of the bitcoin revolution. Metaplanet Takes Another Big Step to Advance Bitcoin Adoption Bitcoin Magazine Japan is a new media platform by Metaplanet that aims to help one million Japanese people understand and …

Continue reading “Metaplanet Unveils Bitcoin Magazine to Educate 1 Million People About Bitcoin”

The incoming Trump administration appears poised to orchestrate a significant shift in U.S. cryptocurrency policy, signaling plans to dismantle key Biden-era regulations, according to The Washington Post (WaPo). Trump’s Alleged Crypto Plans Revealed by Insiders in WaPo Report Insiders privy to the administration’s deliberations revealed to WaPo that overturning the Securities and Exchange Commission’s (SEC) …

Continue reading “Report: Trump’s First-Day Executive Orders to Target Biden’s Crypto Policies”

The adoption of crypto assets has grown quickly, drawing interest from both institutional and retail investors. Internet and Mobile Phone Adoption Outpaced by Bitcoin A recent market insights publication by Blackrock revealed that the adoption of crypto assets, especially bitcoin has outpaced the growth of the internet and mobile phones. The adoption of crypto assets …

Continue reading “Blackrock: Bitcoin Adoption Surpasses Internet and Mobile Phones”

Genius Group intends to invest 100% of the proceeds from the $33 million rights issue into the acquisition of more bitcoin. Bitcoin is Genius Group’s Favorite Investment Asset Genius Group, an artificial intelligence (AI)-based educational tech company has announced a $33 million rights offering for the company’s ordinary stock with all net proceeds going toward …

Continue reading “Genius Group to Expand Bitcoin Holdings With $33 Million Rights Issue”

In the ever-evolving landscape of timeshare management, the complexities of cancellation processes have long posed challenges for consumers. Historically, timeshare owners have faced costly legal battles and convoluted contracts that lock them into long-term commitments. Now, thanks to the pioneering efforts of Linx Legal, a leading legal services provider, timeshare owners can explore cutting-edge solutions …

Continue reading “Blockchain Technology and Cryptocurrency: How Linx Legal is Revolutionising Timeshare Cancellation”