El Salvador Doubles Down on Bitcoin: Defying IMF and Market Trends
TL;DR El Salvador continues to accumulate Bitcoin, recently adding 6 BTC to its holdings, despite an agreement with the IMF to scale back Bitcoin activities...
Tag : Crypto Market
CZ Slams Short-Term Crypto Greed, Advocates for Long-Term Ethical Investment
by federico
TL;DR Changpeng “CZ” Zhao, the former CEO of Binance, has criticized the prevalent culture of short-term greed in the cryptocurrency market. According to CZ, investors...
Bitcoin Exodus: $900M Withdrawals Signal Bullish HODL Sentiment Amid Market Turbulence
by jose
TL;DR Nearly $900 million in Bitcoin was withdrawn from exchanges over the past week, indicating a strong shift toward long-term HODLing. Persistent negative exchange netflow...
Securing the Future: Texas Senate Greenlights Strategic Bitcoin Reserve for State Finances
by jose
TL;DR The Texas Senate passed the Bitcoin Strategic Reserve Bill (SB-21) with a 25-5 vote, advancing it to the House for further consideration. If approved,...
Memecoins and the Fight Against Rug Pull Scams
TL;DR New York introduces a bill (A06515) to protect cryptocurrency investors from rug pull scams in the memecoins market. The bill proposes criminal penalties for...
Mt. Gox Moves $1B Worth of Bitcoin to Unknown Wallet
by jose
TL;DR Over $1B in BTC Moved: Mt. Gox transferred 12,000 BTC—over $1 billion—to an unknown wallet, marking its largest fund movement since January 2024. Split...
Ripple (XRP) Sees 620% Surge in Active Addresses After Trump Adds It to U.S. Strategic Crypto Reserve
TL;DR Ripple (XRP) saw a 620% increase in active addresses after being included in the U.S. Strategic Crypto Reserve by Donald Trump. In just two...
Ark Invest Adjusts Portfolio with Coinbase Purchase and Bitcoin ETF Sale
TL;DR Ark Invest purchased 38,865 Coinbase shares for $8 million and sold $8.2 million of its Bitcoin ETF (ARKB). Coinbase represents 6% of the ARKW...
Crypto Market Retreats After Trump’s Announcement
by federico
TL;DR Bitcoin (BTC), Ethereum (ETH), and other major cryptocurrencies, including XRP, Solana (SOL), and Cardano (ADA), continue to experience declines following a Sunday rally sparked...
Stablecoins and Blockchain Legitimacy: The Key Role of Major Issuers in Network Adoption
Stablecoins are crucial in defining blockchain legitimacy, according to ZachXBT. Cardano and XRP Ledger currently lack major stablecoin issuances. Cardano Foundation emphasizes security, scalability, and...