A 2018 Ripple internal email rekindles the claims that the company is behind the “Bitcoin is controlled by China” propaganda. Ripple boss Brad Garlinghouse is reported to have publicly confirmed this claim as the company also stated a similar position in its Wells Notice response to the US Securities and Exchange Commission (SEC) in 2020. Ripple...
BBVA has launched a crypto trading service in Spain.The service will allow customers to buy, sell, and manage Bitcoin and Ethereum through its app. Spanish bank BBVA has received the green light from Spain’s securities regulator to allow its customers to trade in Bitcoin and Ether. This will help the bank consolidate its presence in...
Singapore Exchange (SGX) plans to introduce Bitcoin perpetual futures in the second half of 2025, targeting institutional investors only.Singapore leads globally in blockchain innovation, with over 1,600 patents and 81 crypto exchanges, reinforcing SGX’s digital asset expansion. In the second half of 2025, the Singapore Exchange (SGX) is prepared to launch a Bitcoin perpetual futures...
Strategy’s stock has tumbled 40%, mirroring Bitcoin’s struggles, while investor fears over valuation and ETF outflows intensify.Bitcoin’s surge lost momentum after a cautious Fed outlook, triggering heavy ETF withdrawals and fresh selling pressure. MicroStrategy, now rebranded as Strategy, has been one of Bitcoin’s most vocal corporate supporters, but its aggressive investment strategy is coming under...
The U.S. Department of Housing and Urban Development (HUD) is considering blockchain for housing grants, but officials fear mismanagement could destabilize federal housing funds like past crises.The Trump administration’s crypto-friendly stance fuels speculation, but HUD denies official plans for blockchain or stablecoin adoption. According to a ProPublica report, the U.S. Department of Housing and Urban...
Bitcoin investors are on the edge amid a strong Japanese bond outlook.Bitcoin investment is gaining momentum amid strong institutional adoption. The world’s biggest cryptocurrency, Bitcoin (BTC), faces intense pressure amid surging Japanese bond yields. According to reports, Japan’s 20-year government bond yield has reached its highest level since 2008, indicating potential risk aversion. Possible Impact...
MicroStrategy’s stock, MSTR, declined by almost 50% from its November high as a possible bearish continuation threatens Bitcoin’s (BTC) rebound. Bitcoin is currently struggling to hold above a crucial support level as analysts predict a possible decline to $60,000. Business intelligence company MicroStrategy has witnessed its stock, MSTR, undergoing one of the worst moments in its...
US government is considering selling part of its gold reserves to purchase Bitcoin, recognizing it as a modern hedge against inflation.A proposed Bitcoin Act and existing US government Bitcoin holdings indicate a strategic shift towards long-term digital asset accumulation. According to a recent report by Standard Chartered, the US government is eyeing Bitcoin as a...
A recession could trigger lower interest rates, potentially reducing America’s debt burden and increasing liquidity for assets like Bitcoin.The Trump administration’s trade policies and tariffs could complicate economic recovery efforts, influencing both market dynamics and Bitcoin’s value. As suggested by Michael Saylor in a CNF report at the end of 2024, Bitcoin is capable of...
BitMex’s Arthur Hayes has predicted that Bitcoin (BTC) could fall to $70k but may respond positively to macroeconomic measures to start the much-anticipated bull run from that position. For now, he believes that investors would continue to accumulate the dip but may “suffer through a long period of sideways”. The woes of the broad crypto market...