UK Could Sell $6.27 Billion in Seized Bitcoin to Settle Debts, According to Accounting Firm

Germany’s 2024 decision to liquidate its 50,000 Bitcoin holdings may serve as a cautionary tale for the UK as giants like the US are considering building Bitcoin reserves. The UK’s potential BTC selloff may push it further behind in adopting cryptocurrency as an economic asset. Accounting giant RSM recently noted that the United Kingdom could … Read more

Bitcoin Technical Analysis: BTC Balances Between Bullish Momentum and Short-Term Resistance  

As of Jan. 29, 2025, bitcoin trades at $102,785, hovering within a 24-hour range of $100,272 to $103,053. The cryptocurrency’s market capitalization stands at $2.02 trillion, supported by $35.55 billion in daily trading volume. Bitcoin While bitcoin‘s broader trend remains bullish, consolidation near $102,000 reflects caution among traders, with critical resistance at $104,000–$105,000 and immediate … Read more

Bitcoin Traders Anticipate Effects of Trump’s Rate Demands on Fed Decisions and Market Volatility

Bitcoin (BTC) traders are keenly evaluating the potential repercussions of President Donald Trump’s demands for lower interest rates on the Federal Reserve’s hawkish policies. The market sentiment is cautious as the upcoming Federal Open Market Committee (FOMC) meeting approaches, which could significantly influence BTC price movements. As BTC/USD hovers around the $100,000 mark, the market … Read more

Coinbase adds Trump’s campaign manager and ex-NY Fed Chief to the advisory council

Crypto exchange Coinbase Global has called on Trump’s campaign manager, Chris LaCivita, and former Federal Reserve Bank of New York President William Dudley to join its advisory council. Former US Senator Kyrsten Sinema of Arizona and Allen & Co. Managing Director Luis Alberto Moreno will also join the two in guiding Coinbase. Coinbase adds Dudley … Read more