Global Focus Financial News

Some parents favor Bitcoin over 529 plans, betting on higher long-term returns despite volatility.While 529 plans offer tax benefits, Bitcoin’s flexibility and growth potential attract crypto-savvy families. Despite Bitcoin’s notorious volatility, some parents are turning to cryptocurrency instead of traditional 529 college savings plans, hoping for higher long-term returns. According to earlier reports from Crypto...

Analysts have predicted that the top altcoins – XRP, SOL, ADA, and ETH could record a further decline from their current position before staging any possible upsurge. XRP has been predicted to fall to $2.33–$2.26 once it fails to close the day above its previous support range of $2.60–$2.70.  The altcoin market takes a serious hit...

Spot Bitcoin ETFs have been predicted to surpass the 2024 record inflow to hit $50 billion as institutional adoptions are expected to significantly improve. An analyst believes that the expected run of the ETFs could be a major catalyst for Bitcoin to hit $200,000 by the end of 2025.  Spot Bitcoin Exchange Traded Funds (ETFs) have...

El Salvador ends Bitcoin’s legal tender status to secure a $1.4B IMF loan amid financial stability concerns.Despite policy changes, El Salvador remains committed to Bitcoin through continued investments and new crypto initiatives. In a recent update by CNF, it was revealed that El Salvador has ended Bitcoin’s legal tender status, making its use voluntary and...

Bitcoin and the crypto market dropped sharply after the U.S. imposed new tariffs, with Bitcoin falling over 5% before a slight recovery.Altcoins saw major losses, and experts warn that trade tensions and volatility could lead to more financial instability. On February 1, the United States government applied new tariffs for Canadian, Mexican, and Chinese imports....