South Korea’s crypto market plummeted after martial law was declared, with Bitcoin dropping 30% on Upbit.Crypto whales capitalized on market panic, transferring $163M USDT to seize discounted assets. South Korea’s cryptocurrency market experienced a massive downturn after President Yoon Suk Yeol declared martial law, citing national security concerns. This development aligns with a recent CNF...
Bitcoin supercycle gains traction as global adoption accelerates, supported by nation-states and major institutional players.Scarcity intensifies as Bitcoin reserves on exchanges hit record lows, potentially drained within 200 days. The worldwide Bitcoin movement is accelerating at an unprecedented rate, and the prospect of Bitcoin reaching $800,000 in the next 200 days no longer appears implausible....
XRP appears to be bouncing back after “$86 million in total liquidations,” and $4 billion in profit-taking “dragged” the asset down the price curve. An analyst has advised that investors hold Bitcoin when it shows at least 60% dominance and switch to XRP when it shows a stronger setup. Ripple’s XRP recorded an unexpected pullback on...
Developers propose CTV to improve Bitcoin security and enable smart contracts through predefined spending conditions.Critics worry about Bitcoin fungibility and increased complexity due to CheckTemplateVerify’s potential implementation. In a tweet, Cobra, the maintainer of the Bitcoin.org domain, is expressing concern about a potential user-activated soft fork (UASF) in 2025, which could pose a crucial crossroads...
Bitcoin surpasses $100K as global recognition strengthens its role as a digital gold standard for financial innovation.Key endorsements and regulatory shifts are driving Bitcoin’s unprecedented rise and its growing adoption worldwide. Bitcoin has surpassed the $100,000 mark, achieving a new all-time high (ATH) of $103,900 in a historic change, according to CoinMarketCap. Its market capitalization...
Bitcoin attained a historic feat as it reached $104k soon after Paul Atkins was announced as the Chair of the US Securities and Exchange Commission (SEC). Meanwhile, some crypto experts anticipate a continued run to $500k and $1 million, while others expect a temporal pullback from the current position. Bitcoin (BTC) makes history as it surges...
Virgin Voyages adopts Bitcoin for its Annual Cruise Pass, driving crypto adoption in traditional industries.Genius Group expands its Bitcoin treasury, boosting institutional adoption of cryptocurrencies for corporate reserves. Virgin Voyages has taken a significant step forward by accepting Bitcoin payments for its $120,000 Annual Cruise Pass, indicating more confidence in cryptocurrency adoption among non-crypto firms....
Bitcoin hit a record $103,850, breaking the $100K barrier, driven by institutional support and significant regulatory shifts, marking a pivotal moment for crypto.Ripple executives and President Putin’s endorsement, alongside BlackRock’s $50 billion Bitcoin ETF, fueled Bitcoin’s rise and global recognition, with market cap surpassing $2 trillion. Bitcoin made history today as its price surged to...
Fed Chair Jerome Powell has reiterated a 2021 statement that Bitcoin directly competes with gold, but not the US Dollar (USD). Powell also disclosed that he has no issue with crypto companies that engage in business collaborations with banks. United States Federal Reserve Chair Jerome Powell has publicly confirmed his strong interest in Bitcoin (BTC) as...
Foundry laid off 16% of its staff and transferred 20 employees to Yuma, a decentralized AI startup.Yuma, DCG’s new project, aims to revolutionize decentralized AI using Bittensor’s network for innovative applications. Foundry, the world’s largest Bitcoin mining pool and a subsidiary of Digital Currency Group (DCG), has announced massive layoffs, decreasing its workforce by about...