The Czech National Bank is considering investing €7 billion in Bitcoin, sparking debate among European central bankers.Supporters see this as a game-changer, but concerns over Bitcoin’s volatility and regulation remain strong. The Czech National Bank members approved evaluations that assessed the usage of Bitcoin (BTC) for investing five percent of their international reserves worth about...
Standard Chartered predicts Bitcoin could hit $500,000 by 2028, driven by regulatory improvements, spot ETF demand, and Trump’s pro-crypto policies boosting institutional adoption.Bitcoin’s market value may surpass Apple and Microsoft, with estimates suggesting a 50% chance of exceeding $500,000 by 2030 due to growing demand. Standard Chartered, a major British multinational bank, has made a...
Gemini reconsiders an IPO as regulatory conditions improve, positioning itself alongside major crypto firms like Coinbase.Bitcoin’s market performance plays a crucial role in Gemini’s valuation and attractiveness to potential investors. In a significant development within the cryptocurrency industry, Gemini, the exchange founded by twins Tyler and Cameron Winklevoss, is reportedly considering an initial public offering...
Santiment, a blockchain analytics platform, reported the emergence of 135 new Bitcoin wallets holding over 100 BTC each in February, following a brief dip below $100,000.This development comes after U.S. President Donald Trump announced that the tariff threats between the U.S., Mexico, and Canada have been temporarily paused for a month. Bitcoin (BTC) has experienced...
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...