The International Monetary Fund (IMF) has just dropped a major update, changing how the world tracks cryptocurrency. This means Bitcoin and other digital currencies are officially part of the global financial conversation. A New Framework for Crypto Over 160 countries worked together to create a new system for tracking crypto transactions. Previously, these trillions of…
The US government is exploring ways to add a massive Bitcoin reserve without directly spending taxpayer money. This could involve selling off some of the government’s gold reserves to fund the purchase. Let’s dive into the details and explore some altcoins that could benefit. The Bitcoin Act and Gold Senator Lummis’s BITCOIN Act proposes the…
Arizona is making a big push to become the first US state with a government-held Bitcoin reserve. Two bills, SB 1373 and SB 1025, just passed a key committee and are headed for a full vote in the state House. The Bills SB 1373 (Strategic Digital Assets Reserve Bill): This bill creates a fund using…
Big investors triggered a massive price drop for the Bounce (AUCTION) altcoin over the weekend. Whale Moves and Market Impact According to blockchain analytics, large AUCTION holders (whales) have been heavily influencing the coin’s price for the past week, causing wild swings. Bounce Finance is a platform for auctioning off various assets, including NFTs. AUCTION…
Institutional investors are pouring money back into crypto, marking a significant shift after a long dry spell. Big Week for Crypto Last week saw a whopping $644 million flow into crypto investment products, according to CoinShares. This is a major turnaround; it ended a five-week losing streak, the worst in a decade. Every single day…
The Problem: Massive US Interest Payments Billionaire investor Jeffrey Gundlach, nicknamed the “Bond King,” believes a massive daily interest payment on the US national debt is the reason the stock market isn’t rallying. He points out that despite the Federal Reserve cutting interest rates, the stock market hasn’t seen the usual positive response. This, he…
Brad Garlinghouse, CEO of Ripple, believes a major crypto adoption wave is coming in 2025, largely thanks to a shift in US policy under President Trump. A Less Restrictive US Market Garlinghouse points to a change in the US government’s approach to crypto regulation. He argues that the previous climate of lawsuits and heavy regulation…
The US Treasury is facing criticism for its handling of the Tornado Cash case. After removing the crypto mixer from its sanctions list, the Treasury claimed a final court ruling was unnecessary. This move hasn’t gone down well with everyone. Treasury Declares Case “Moot” The Treasury’s Office of Foreign Assets Control (OFAC) removed Tornado Cash…
XRP is showing signs of a big price jump, according to some analysts. They believe a final correction is coming before a massive rally. A $4 XRP Price? Here’s Why Some Analysts Think So Prophecy Trading, a crypto analyst, sees a pattern in the XRP price chart that suggests a significant price increase. They’ve compared…
Last week’s crypto market saw a huge turnaround. After five weeks of investors pulling their money out, a whopping $644 million flowed into crypto investment products. This is a big deal, especially since it’s the first sustained inflow in over a month. Bitcoin’s Big Comeback Bitcoin was the star of the show, attracting a massive…
