The Czech National Bank is exploring Bitcoin as a potential reserve asset, considering a €7 billion allocation.While Bitcoin adoption by central banks is gaining traction, regulatory concerns and volatility remain key hurdles. Building on CNF’s recent update, the Czech National Bank (CNB) is considering diversifying its reserves by investing in Bitcoin. Following reports of a...
The SEC has approved Bitwise to list its new ETF that holds both Bitcoin and Ethereum on NYSE Arca on an accelerated basis.It’s the SEC’s first crypto ETF approval under the leadership of Mark Uyeda, who is fast-tracking crypto initiatives at the agency after four years of anti-crypto policies by Gary Gensler. Investors who want...
Tether has launched USDT on Bitcoin’s Lightning Network, aiming to boost transaction speed and cut costs while reinforcing Bitcoin’s role in digital payments.Despite EU regulatory scrutiny and delistings, 80% of USDT trading volume comes from Asia, ensuring Tether’s market dominance remains largely unaffected. Tether has officially introduced its flagship stablecoin, USDT, on Bitcoin’s Lightning Network,...
The SEC invited public comments on the proposed Litecoin ETF within 21 days, bringing the possibility of approval closer to reality.Following the SEC’s acknowledgment, Litecoin’s trading volume surged nearly twofold, reaching $1.19 billion, with LTC price surging 13%. Litecoin (LTC) price surged sharply on Thursday, climbing more than 13% after the U.S. Securities and Exchange...
OpenOcean now supports Sky Ecosystem on Ethereum and Base, enabling efficient trading of USDS, sUSDS, and USDC across multiple blockchain networks.Sky Ecosystem, formerly MakerDAO, is migrating MKR to SKY, aiming for a seamless transition with a 24,000 SKY per MKR wrapper conversion. OpenOcean, a prominent aggregator for digital asset trading, now officially supports Sky Ecosystem...
Czech apex bank governor Aleš Michl may lead the Bitcoin reserve strategy.With Trump’s EO on the crypto stockpile, more central banks will likely make a crucial pivot soon. The Czech Republic has caught the ongoing Bitcoin (BTC) reserve bug spreading across several nations. Czech National Bank (CNB) Governor Aleš Michl recently revealed plans to purchase...
Analysts have predicted a positive surge for Bitcoin as the asset has had impressive gains in 11 of the last 12 Lunar New Years. The Eastern trading hours are reported to have accounted for almost 50% of the Bitcoin trading volume from the 44% recorded on January 14. Analysts have tipped Bitcoin (BTC) to stage a...
Nuvve has announced through a press release that it has adopted Bitcoin as a strategic reserve asset, pledging 30% of its excess cash to stack the asset.This adoption aligns with Nuvve to provide cryptocurrency payment options for its clients, aiming to reduce the transactional friction often associated with digital currencies. Nuvve, a global leader in...
Texas plans to establish a Bitcoin reserve as part of its legislative priorities, reinforcing its position as a leader in crypto adoption.Other states, including Utah and Arizona, are considering similar Bitcoin reserves, while federal strategies lean toward a broader crypto stockpile initiative. Texas Lieutenant Governor Dan Patrick has unveiled plans to establish a Bitcoin reserve...
Robinhood is teasing futures trading for Bitcoin, oil, gold, S&P 500, US dollar, and euro with an intuitive trading ladder.Robinhood is expanding globally with UK options trading by 2025 and a Singapore HQ to strengthen its presence in Asian markets. Robinhood has made another impact in the finance industry by teasing plans to introduce futures...