Introduction to Ontology (ONT) Tokens Ontology (ONT) is a high-performance, decentralized blockchain platform designed to support identity verification, data management, and smart contract functionality. Built with interoperability in mind, Ontology enables secure and efficient transactions while maintaining scalability and privacy for businesses and developers. Efficiently managing ONT requires a compatible wallet, whether it is a...

US crypto-friendly approach pushes banks into massive exploration as Citibank and State Street set to launch crypto custody services. The US Securities and Exchange Commission’s (SEC) recent decision to repeal the accounting bulletin, SAB 121, is said to have influenced this move.  Two renowned banks – State Street and CitiBank are reported to be launching crypto...

Bhutan leverages hydropower for Bitcoin mining, holding over $1B in BTC to strengthen its economic resilience.Gelephu Mindfulness City plans to integrate Bitcoin and Ethereum into Bhutan’s financial reserves for economic growth. Bhutan, amid the majestic mountain landscape and a life steeped in tradition, has a modern narrative that is little known to the general public:...

Wisconsin and Abu Dhabi’s sovereign funds have increased their investments in Bitcoin ETF.Abu Dhabi’s investment aligns with its crypto-friendly regulations, and the region continues to position itself as a hub for digital assets. The State of Wisconsin Investment Board (SWIB) and Abu Dhabi’s Mubadala Investment Company recently increased their Bitcoin ETF investments significantly. Wisconsin’s recent...

Bitcoin’s correlation with the S&P 500 has dropped to zero, signaling its independent market movement.Over half of Americans now prefer Bitcoin over stocks and gold, with Gen Z investing as early as age 22. Bitcoin has once again demonstrated startling movements. Its correlation with the S&P 500 index has broken this time; the correlation figure...

The crypto news arena will likely witness volatile assets amid expected US events this week.With Fed officials’ speech and housing data, investors are watching key economic data. Crypto market participants are watching how key economic data, set for release this week, will impact the market. The rising anticipation is based on the crypto market’s close...

12 U.S. states invest $330M in Strategy stock, gaining indirect Bitcoin exposure through pension funds like CalSTRS & CalPERS.Strategy holds 478,740 BTC worth $46B, with its stock surging 383% YoY despite a $670.8M Q4 loss from Bitcoin impairment. A growing number of U.S. states are investing in Strategy, the business intelligence firm formerly known as...

In a recent OMFIF lecture, Joachim Nagel, president of the Deutsche Bundesbank, dismissed the idea of Bitcoin being used as a reserve asset for central banks.Nagel also discussed the future potential of digital currencies and their impact on the neutral interest rate, noting that it is too early to tell how CBDCs will influence economic...

Bitcoin’s bull run is gaining momentum due to strong institutional investments and favorable policy shifts, including a pro-crypto U.S. administration.Regulatory changes and the growing adoption of Bitcoin by banks, corporations, and governments are strengthening its position as a major global asset. According to Bernstein analysts, the Bitcoin bull market continues to strengthen due to various...

Bitcoin is stuck below $100,000, and traders wait for a breakout while short squeeze speculation grows.The Federal Reserve’s stance on interest rates and on-chain data indicate a possible bearish phase. Bitcoin remains locked in a tight trading range as market participants seek a catalyst for a breakout. Despite strong investor confidence, price movement has stagnated,...