The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is expected to keep its benchmark lending rate steady at 4.35 percent. Australia also will see November results for the surveys of business...
The approval of XRP ETFs may be on the horizon in 2025, driven by Donald Trump’s pro-crypto administration.Analysts suggest that while Bitcoin and Ethereum ETFs currently dominate the market, there is a burgeoning demand for ETFs linked to other cryptocurrencies like XRP. 2024 proved to be a significant year for the cryptocurrency market, particularly for...
Senator Cynthia Lummis hints that Trump’s executive order on a U.S. sovereign wealth fund could signal government Bitcoin acquisitions.Wyoming Senator Lummis calls Trump’s latest EO a ‘big deal’ for Bitcoin, sparking speculation on U.S. BTC reserves and investment. President Donald Trump’s new executive order (EO) establishing a U.S. sovereign wealth fund has ignited discussions about...
FTX will begin repayments on February 18, prioritizing Bahamas-based creditors with verified BitGo accounts.Settling FTX debts may stabilize affected crypto assets like FTT, SOL, and BTC. Following CNF’s recent update on the FTX repayment schedule, which outlines a $16 billion distribution starting in January 2025, FTX is now taking its first major step toward repaying...
El Salvador added 21 BTC in the last seven days, bringing its total holdings to 6,068.18 BTC.Despite policy changes, El Salvador continues to accumulate Bitcoin as part of its long-term strategy. El Salvador has increased its Bitcoin holdings again, purchasing 21 BTC in the last seven days, raising the government’s total BTC reserves to 6,068.18...
Bitcoin and Ethereum decouple, “painting a blurred picture” of the much-anticipated altseason this bull cycle. An analyst has advised that investors create an early position in Bitcoin as the periods of altseason appear over. The Bitcoin price recently witnessed a huge scare after macroeconomic indicators caused the asset to take a significant nosedive to $91k. However,...
FDIC documents reveal potential regulatory overreach targeting crypto, fueling Congressional investigations into Operation Choke Point 2.0.Crypto markets react to debanking scrutiny, with Bitcoin declining amid rising political and regulatory tensions. Following a recent update, FDIC letters revealed that banks were ordered to pause crypto activity until review. As CNF updates discussed, there has been speculation...
MicroStrategy rebrands to “Strategy,” signaling a bold shift towards Bitcoin as the core of its corporate identity.Despite financial losses, Strategy aggressively expands Bitcoin holdings, reinforcing its commitment to crypto-driven growth. After MicroStrategy’s Michael Saylor highlighted in a recent CNF update, the company continues aggressive Bitcoin purchases while anticipating regulatory shifts under the new U.S. administration....
In a Tuesday press conference, government leaders announced plans to create a bicameral committee focused on establishing a regulatory framework for crypto, including stablecoin regulations.David Sacks stated that the golden age of crypto has begun, and with a synergistic approach to regulation, the U.S. will become the true land of opportunity. The Trump administration has...
Bitcoin, Ethereum, and trending altcoins dominate social media discussions, driven by institutional interest, market events, and community debates on blockchain technology.Crypto security, stablecoins, and repayments to FTX creditors fuel online conversations, highlighting developing market sentiment and potential shifts in the crypto ecosystem. The crypto space continues to grow quickly, with many coins being widely mentioned...