Donald Trump, the 47th president of the U.S., has appointed David Sacks, the former PayPal COO, as his lead policy adviser on artificial intelligence and crypto.In the announcement, Trump stated that part of Sacks’ responsibilities would be to protect online speech and lead the Presidential Council of Advisors on Science and Technology. David Sacks, recognized...
Worksport integrates Bitcoin and XRP into its treasury to enhance efficiency and shareholder value.By accepting Bitcoin and XRP for payments, Worksport aims to streamline transactions and reduce fees by up to 37%. n addition to the recent CNF update discussing Bitcoin and Ripple’s XRP surge, U.S.-based manufacturer Worksport has joined the cryptocurrency trend by integrating...
The Salvadoran government is committed to purchasing one Bitcoin daily, showing consistent investment in cryptocurrency.El Salvador has accumulated 5,955 Bitcoins, reflecting a strategic focus on integrating Bitcoin into its economy. The Salvadoran government has maintained a strong commitment to Bitcoin as part of its economic strategy, buying one Bitcoin per day since November 16, 2022....
A Standard Chartered Bank executive has predicted that Bitcoin could bounce back to reach a new all-time-high price at $125k before the year ends. His prediction is based on three main factors: the possible removal of Staff Accounting Bulletin-121 (SAB-121), the change in the US political climate, and macroeconomic factors. Bitcoin (BTC) recently breached a crucial...
Bitcoin proponents have slammed the massive XRP rally, calling it unsustainable.XRP proponents dismissed the claims, outlining why XRP deserves the growth. Bitcoin (BTC) proponents have raised concerns regarding XRP’s latest rally. Some predict the meteoric rise could result in a disastrous collapse, even labeling it the “mother of all rugpulls.” XRP has lost a substantial...
Bill Dudley warns Bitcoin reserves could harm U.S. interests and the dollar’s global reserve status.Senator Lummis proposes U.S. Bitcoin reserves, aiming for 1M BTC to reduce national debt. Bill Dudley, the former chairman of the New York Federal Reserve, has expressed serious worries about Bitcoin’s prospective inclusion in the US national reserves, according to Bloomberg....
Binance launches On-chain Yields, introducing Babylon BTC Staking with direct rewards through Babylon Points.Babylon BTC Staking enables Bitcoin staking on PoS networks without third-party custodians or bridging solutions. Binance has taken a huge step toward furthering decentralized finance by launching its On-chain Yields financial products, with Babylon BTC Staking serving as the first sponsored project....
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...