The Swiss Federal Chancellery has registered the Bitcoin Initiative, a proposal to add Bitcoin to Switzerland's national bank reserves. Learn how this could reshape financial systems globally.
Swiss Federal Chancellery Officially Registers the Bitcoin Initiative
The Swiss Federal Chancellery has formally registered the “Bitcoin Initiative” on December 31, 2024. This initiative, led by Yves Bennaïm,…
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Binance Labs, the venture capital subsidiary of crypto exchange giant Binance, has announced plans to rebrand in 2025 as part of a strategic overhaul. Notably, the move follows recent developments indicating that Binance founder Changpeng Zhao (CZ) will play a more active role in shaping the company’s future direction.
In the December 31 announcement, Binance Labs confirmed…
Hong Kong is considering adding BTC to fiscal reserves, aiming to boost financial security and develop its crypto industry further.
Russia’s cryptocurrency mining now accounts for almost 1% of the country’s energy consumption. As the industry grows, miners are increasingly turning to renewable energy sources to meet demand. Learn more about the energy impact of crypto mining in Russia.
Russia's Cryptocurrency Mining Industry Nears 1% of Total Energy Use
Cryptocurrency mining in Russia now accounts…
Discover how Hyperliquid's HYPE staking initiative is revolutionizing network decentralization and engagement with high-speed blockchain technology and staking rewards.
Hyperliquid, the decentralized perpetuals exchange operating on its own layer-one blockchain, has announced the launch of its HYPE staking initiative. This strategic move is aimed at strengthening the platform's network security and decentralization.
HYPE staking, now…
Meme Index presale surpasses $1 million in fundraising. Experts predict MEMEX token could see a 26x increase after listing on exchanges. Learn how this new meme coin index is changing the market.
A New Approach to Meme Coin Investing with Meme Index
The Meme Index project has reached a major milestone, surpassing $1 million in…
Key Takeaways
A New York judge delayed the CFTC’s lawsuit against Gemini Trust to January 21, 2025.
The CFTC accuses Gemini of misleading regulators about its bitcoin futures product, risking market manipulation.
Observers believe Trump’s pro-crypto stance and SEC leadership changes may influence a favorable outcome for Gemini.
Alvin Hellerstein, a New York judge has…
The Nine Spot Ethereum ETFs recorded no inflow yesterday while losing $55 million.
Surprisingly, there was no inflow on both Spot Bitcoin ETFs or Spot Ethereum ETFs yesterday a very rare occurrence since both Exchange-traded funds were launched.
Bitcoin ETFs lost a whopping $415 million yesterday while Ethereum ETFs lost $55 million.
Spot Ethereum ETF…
The 11 spot Bitcoin ETFs recorded no inflow for the first time in many months yesterday losing $415 million in the process.
The Bitcoin ETFs witnessed outflows in six out of the 11 funds with none of the funds recording an inflow for the day.
The total funds lost to outflows from the Bitcoin ETFs…
Microstrategy stock dipped by 8% following its late-year acquisition of 2,136 BTC worth $209 million. Google Finance revealed that the stock of the firm is down by 8.19% and is going for $302.
The business intelligence firm now holds 446,400 $BTC acquired for $27.9 billion at $62,428 per bitcoin.
The acquisition was made on the…
