Tag: Crypto

BitMEX co-founder Arthur Hayes has dismissed the idea of a U.S. Bitcoin reserve, calling it a politically driven and impractical concept. In his February 5 essay called “The Genie,” Hayes argued that government stockpiling of the cryptocurrency would serve political interests rather than financial stability. Bitcoin Reserve Would Be...

On Wednesday, centralized exchanges registered a net outflow of over 17,000 BTC, worth more than $1.6 billion at the going market price of $98,600, according to Glassnode data shared by Andrew Dragosch, head of research Bitwise. That’s the biggest single-day exodus of coins since April 2024. “Whales are buying...

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) expects its convertible preferred stock Strike (STRK) to be listed on Nasdaq on Thursday, according to a slide in its earnings presentation. Strategy, formerly known as MicroStrategy, also introduced new performance metrics when it reported...

The Thailand International Digital Business & Finance Center has appointed Movement Labs co-founder Rushi Manche and Dao5 founder Tekin Salimi as advisors to advance its blockchain technology. According to local media Kaohoon International, Director of the TIDC, Wai Man Raymond…...

The Czech central bank is reviewing a Bitcoin reserve plan that may take months, with potential exposure set to be well below the originally suggested, sources say. The Czech central bank’s Bitcoin (BTC) adoption plan may take months to finalize,…...

Solana-based dex aggregator Jupiter has recovered its X account after it was hijacked by cryptocurrency scammers who promoted a fraudulent meme coin. According to a Feb. 6 X post, reassured users that no funds were ever at risk. They confirmed…...

71% of institutional investors have no plans to trade crypto in 2025, down from 78% in 2024.  A recent J.P. Morgan survey reveals that 71% of institutional investors have no plans to trade crypto in 2025. The findings come at…...

On-chain data shows user activity on Bitcoin went up during 2024, with the network processing an average of $8.7 billion in daily volume. Bitcoin Witnessed A Massive Amount Of Economic Volume During 2024 In a new post on X, the on-chain analytics firm Glassnode has discussed about the trend...

[PRESS RELEASE – Dubai, United Arab Emirates, February 6th, 2025] The Middle East Blockchain Awards (MEBA) returns for its second year after the success of its inaugural edition, with Dubai selected as the host city. The ceremony will take place at the iconic Jumeirah Burj Al Arab on April...

Bitcoin’s price slid to a multi-day low of $96,000 earlier this morning but managed to recover most losses and now sits well above $98,000. Ethereum continues its gradual ascent, with its price trading above $2,800, while TRUMP and LTC are up by 5-6%. BTC Above $98K Bitcoin’s price went...