Central banks and institutional investors are increasingly scrutinizing Bitcoin’s role in the financial system, with recent developments highlighting both curiosity and concern. The Czech National Bank (CNB) is exploring Bitcoin as a potential reserve asset, signaling a shift in how central banks view the cryptocurrency. Meanwhile, Bitcoin’s price has remained range-bound despite significant institutional inflows, … Read more
Anthony Scaramucci, founder of Skybridge Capital, has forecasted that bitcoin will soar to $200,000 this year, with a potential U.S. reserve for the cryptocurrency also on the horizon. In an interview with Saxo Bank, Scaramucci emphasized that for bitcoin to solidify its status as an asset class, it would need to reach a market cap … Read more
Metaplanet acquired 68.59 Bitcoin earlier today. With this acquisition, it holds 0.01% of the total BTC supply. No matter the market condition, Bitcoin has reached a stage where global organizations and investors perceive it as a store of value. Investors who believe in its fundamentals are no more concerned with its market price movements. In … Read more
After years of anticipation, the Pi Network launched its mainnet today at 8 AM UTC. This is a huge milestone for the project. For years, its followers continued to “mine” tokens, aligning with the project’s objective of using blockchain to solve real-world problems, especially in payments. The launch marks the end of the Enclosed Mainnet … Read more
The U.S. SEC has acknowledged 21Shares request to enable staking for its Ethereum ETF. This marks the first time the SEC has received a request for Ethereum ETF staking approval. The U.S. Securities and Exchange Commission (SEC) has officially acknowledged a 19b-4 filing submitted by Cboe, which seeks approval for staking in the 21Shares Core … Read more
San Francisco-based Kraken exchange provided information for 57% of the total 6,826 data requests from global regulators and enforcement agencies last year.
Nigeria has filed an $81.5 billion lawsuit against Binance, accusing the world’s largest cryptocurrency exchange of tax evasion and causing economic damage to the country’s currency. The lawsuit, filed by the Federal Inland Revenue Service (FIRS), seeks $2 billion in unpaid taxes and $79 billion for contributing to the depreciation of the Nigerian naira. It … Read more
Wall Street Pepe goes viral on Dexscreener on Uniswap listing. Will WEPE crypto be a top 10 meme coin, just like Pepe? Not all meme coins are created equal. As scams and rug pulls tarnish Solana’s solid reputation, attention is shifting back to Ethereum. The last time a viral meme coin launched on the first … Read more
Argentine regulators have stated it lacks the authority to intervene in the ongoing $LIBRA matter, which stirred a huge controversy following President Javier Milei’s involvement. According to regulators, the sales and promotion of the $LIBRA token are beyond their jurisdiction. Argentine: Can’t Intervene in $LIBRA Matter Due to Lack of Clear Regulation Argentine’s National Securities … Read more
Stacks’ Muneeb Ali warned that most Bitcoin L2 projects will fade away within three years even as Bitcoin gains dominance over Ethereum and Solana.