Metaplanet CEO Simon Gerovich predicts Bitcoin will exceed $200K by 2025, driven by U.S. adoption and global growth in institutional interest.
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Binance, the largest crypto exchange by Market capitalization announced that it has secured approval from the Central Bank of Brazil for the acquisition of a locally licensed broker-dealer institution in the country. Binance announced the development via its official website remarking that the approval marks the firm's 21st global regulatory milestone. “ In a development…
The rise of memecoins has transformed the cryptocurrency landscape, merging social dynamics and financial markets to create a new model for value creation. From Dogecoin's satirical origins to a $120 billion sector in 2024, memecoins now challenge traditional asset classes by prioritizing community engagement over institutional backing. Market Growth and Institutional Interest “The memecoin sector…
Alex Pawlowski, Managing Director at Ascent Partner called for a moderate approach and strategic timing from Europe's MICA in its ongoing spat with Tether (USDT). On the 30th of December 2024, Tether the largest stablecoin issuer in the world became officially non-compliant following stringent measures for stablecoins put in place by European Union’s Markets…
John Deaton expresses uncertainty about XRP’s 2025 price while criticizing its exclusion from key crypto forecasts despite recent growth.
The Syrian Centre for Economic Research under the transitional government of Syria proposed a bill seeking to legitimize Bitcoin in the country and Digitize the nation's Local currency. The Bill titled “ Bitcoin Policy in Syria” looks to accelerate reconstruction, ensure market freedom, and protect Syrian citizens from inflation and currency devaluation. The Bill also…
Key Takeaways: China enforces stricter foreign exchange rules to monitor cross-border cryptocurrency transactions and curb illegal outflows. The regulations mandate banks to flag suspicious activity, implement AML measures, and report irregularities. Analysts predict reduced crypto liquidity, compliance hurdles, and shifts toward decentralized finance amid tightened oversight and global regulatory trends. China has introduced new foreign…
Key Takeaways: Vitalik Buterin donated 50 ETH, worth $170,000, to support Tornado Cash developers’ legal defense. His contribution to Justice DAO funds Roman Storm and Alexey Pertsev, accused of money laundering through a crypto-mixing protocol. Storm faces trial on April 14, while Semenov remains at large, raising debates about privacy tools and regulatory compliance in…
The nine-spot ethereum ETFs had a quiet last day of trading as the year 2024 wound up yesterday. The Ether ETFs pulled in only $36 million recording inflows in two funds and Outflows in just one. The inflow follows a net outflow of $55 million on the penultimate day of the year. Blackrock ETHA, the…
The 11 spot Bitcoin ETFs signed off the year 2024 with a net inflow after losing a whopping $702 million two days before. The Bitcoin ETFs recorded two days of heavy outflow losing $287 million and $415 million respectively before the last day of the year. On December 31st, the Bitcoin ETFs pulled in a…