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In a turbulent sequence of events, Bitcoin’s recent relief rally hit a significant roadblock as it attempted to breach the elusive $100,000 threshold. Initially soaring to approximately $99,500 over the weekend, it soon succumbed to downward pressure, unable to maintain momentum. Such fluctuations in Bitcoin’s price are not only reflective of investor sentiment but also

Bitcoin has experienced a notable upswing over the past few days, advancing towards the thrilling threshold of $100,000 before encountering a sudden reversal. This surge, fueled by a renewed wave of optimism among traders, had the cryptocurrency edging closer to this psychological barrier, only to be thwarted by profit-taking behaviors from some investors. As prices

Thailand is on the brink of a significant exploration into the realm of cryptocurrency, primarily driven by a proposal initiated by former Prime Minister Thaksin Shinawatra. This initiative targets Phuket, a popular tourist destination, as a testing ground for Bitcoin transactions. The potential project has garnered optimistic feedback from industry leaders, including the CEO of

As Bitcoin matures from a niche digital currency into a mainstream financial asset, major institutions around the globe are slowly adapting their strategies to integrate it. This transition is marked by significant investment into Bitcoin by various corporations and financial entities, who recognize its potential not only as a store of value but also as

The convergence of artificial intelligence (AI) and cryptocurrency is paving the way for a revolutionary approach to digital assets. The recent establishment of a White House office dedicated to this unique intersection, dubbed the Crypto and AI Czar’s office, is emblematic of this trend. Former PayPal COO, David Sacks, appointed to lead this initiative, brings

Do Kwon, the South Korean entrepreneur and co-founder of Terraform Labs, has found himself embroiled in a significant legal battle following the catastrophic collapse of the TerraUSD stablecoin, also known as UST, and its associated token, Luna. The financial debacle that unfolded in May 2022 resulted in staggering losses estimated at around $40 billion, prompting

As the crypto market approached the festive season, Bitcoin experienced a dramatic surge on Christmas Eve, reaching a peak just shy of $99,000. This unexpected uptick was a welcome change after a week marked by volatility and bearish trends, caused largely by the Federal Reserve’s recent financial maneuvers. From an initial high of over $108,000

In a world increasingly driven by cryptocurrency innovation, few figures have stirred as much intrigue and contention as Richard Schueler, better known as Richard Heart. As the founder of Hex, a cryptocurrency that aimed to redefine how users perceive and interact with blockchain technology, Heart has recently found himself at the center of serious legal

In the ever-evolving landscape of finance and technology, cryptocurrencies have gained significant momentum, capturing the attention of both investors and policymakers alike. Notably, a recent interview highlighted the U.S. administration’s approach to cryptocurrency under the presence of former President Donald Trump. This discussion posited an intriguing comparison between the government’s strategic reserve of petroleum and

The week preceding the latest reports in the digital asset market has revealed a complicated narrative of investment sentiment. With $308 million entering digital asset investment products, optimism seemed to surface, only to be severely dampened by an alarming outflow of $576 million on December 19th. Thus, it is evident that while some investors are

MicroStrategy, a frontrunner in corporate Bitcoin investments, has announced a Special Meeting of Shareholders aimed at voting on pivotal proposals that could redefine its approach to capital allocation and strengthen its commitment to Bitcoin. This meeting represents a significant moment for shareholders, as it not only highlights the company’s steadfast focus on digital assets but

The world of cryptocurrencies is often marked by drastic fluctuations, and the recent patterns surrounding XRP have cemented this notion. A notable decline saw XRP tumble from a high of $2.60 to dipping below the $2 mark. Yet, from December 21st onwards, it appears to have found a relative footing, stabilizing above $2.20 for the

The cryptocurrency market is known for its volatility, but few coins have experienced the degree of fluctuations witnessed by Ripple’s XRP in recent weeks. Just before a significant downturn, XRP was trading at around $2.50, only to plummet below the $2 mark within a matter of days. However, by the end of December, Ripple’s cryptocurrency

The landscape of Bitcoin ownership has experienced a profound shift in recent years, particularly with the surge of institutional investors stepping into the arena. As of late 2023, institutional investors now hold a commanding 31% of all known Bitcoin (BTC), a significant rise from just 14% earlier in the year. This seismic change can largely

In recent times, the cryptocurrency market has faced notable volatility, with Bitcoin experiencing a staggering drop of 9.8% over the past week. This downturn has naturally cultivated a sentiment of caution among investors, as uncertainty looms over the potential for further declines. Although many investors are wary, there are prominent players in the market undeterred

The political landscape in the United States is witnessing a significant shift with the appointment of Bo Hines as the executive director of the newly formed Presidential Council of Advisers for Digital Assets. As President-elect Donald Trump endeavors to position America at the forefront of the cryptocurrency revolution, this appointment signals not just a new

The cryptocurrency landscape in Europe has undergone a remarkable transformation in 2024, primarily driven by the advent of euro-backed stablecoins. These digital currencies, pegged to the euro, have become significant players in the market, particularly following the implementation of the Markets in Crypto-Assets Regulation (MiCA). This regulatory framework has provided a safer and clearer environment,

In a striking case that underscores the intersection of technology and terrorism, Mohammed Azharuddin Chhipa, a 35-year-old from Springfield, Virginia, was convicted on December 13, 2024, for his role in financially supporting the Islamic State of Iraq and al-Sham (ISIS). His activities, spanning from October 2019 to October 2022, primarily involved raising funds aimed at

The political landscape in South Korea is experiencing seismic shifts, particularly in the context of cryptocurrency and financial regulations. The recent case of Kim Nam-guk, a former lawmaker from the Democratic Party, has not only turned the spotlight on his alleged financial misconduct but also raised critical questions about the integrity and future of crypto

As we delve into the security landscape of 2024, it’s evident that the cryptocurrency world continues to bear the brunt of increasing cybercrime activities. According to Cyvers, a web3 security firm, the industry suffered staggering losses exceeding $2.361 billion, stemming from 165 separate incidents. This represents a dramatic 40% surge from the $1.69 billion lost