PRESS RELEASE. Singapore, November 26th, 2024 – Vanilla Finance, the #1 exchange by trading volume on Telegram, today announced the successful closure of their Pre-Seed investment round led by Paper Ventures, UOB Ventures, & ABCDE Labs among other top tier ventures and investors, including HTX Ventures, Ocular, Openspace, Y2 Ventures, Signum Capital and angel investors […]
Bitcoin Technical Analysis: BTC Posts the Largest Bearish Daily Candle in Months
Bitcoin’s price movements on Nov. 26, 2024, paint a clear picture of bearish momentum in the short- and mid-term, with a pivotal support zone at $ 92,000 under close scrutiny. Bitcoin On the 1-hour chart, bitcoin‘s descent is evident, marked by a consistent pattern of lower highs and lows. A bold red candlestick sliced …
US Imposes Import Restrictions on Bitmain ASICs: Report
The U.S. Customs and Border Protection Agency has halted imports of certain Antminer ASICs produced by Bitmain. Bitmain Rivals Spared The U.S. Customs and Border Protection Agency (CBP) has reportedly been blocking imports of Bitmain made Antminer ASICs. The border agency, which has not provided reasons for the blockade, is believed to be acting on […]
Manage Crypto Smarter With Kryptos – the All-in-One Solution You’ve Been Waiting For
As 2024 comes to a close, the crypto market is booming, with Bitcoin reaching an all-time high of $ 100,000 per BTC. However, this remarkable growth brings heightened responsibilities for crypto investors, particularly as the tax season approaches. Whether you’re preparing for the UK tax deadline on January 31st, navigating the new IRS regulations …
Bitcoin’s Medium of Exchange Thesis in Perspective: Is It Still Relevant?
The idea of bitcoin as a medium of exchange was at the center of its creation, eliminating the need for third parties for transacting. Discussions on social media now recall how Andreas Antonopoulos, a big bitcoin proponent, used it to promote bitcoin back in the day. But is it still relevant today? Bitcoin as a […]
Iran’s Digital Rial Near Launch, Central Bank Signals Progress
Iran’s central bank signals the imminent launch of the digital rial, a central bank digital currency (CBDC), to streamline payments and bolster international financial integration despite sanctions. Iran’s Central Bank Sends Clear Signals on the Digital Rial Breakthrough Central Bank of Iran (CBI) Governor Mohammad Reza Farzin discussed the digital rial, Iran’s central bank digital […]
Peter Schiff Claims Bitcoin Superpower Status Will Make America weaker
Peter Schiff ignites outrage by claiming that the U.S. becoming a bitcoin superpower would weaken the nation, clashing with crypto advocates championing it as an economic game-changer. Peter Schiff Faces Crypto Uproar Over Bitcoin Superpower Weakness Assertion Economist and outspoken bitcoin critic Peter Schiff has stirred fresh controversy with his critique of President-elect Donald Trump’s […]
Bitcoin Nosedives to $92K as $551M Vanishes in Liquidations
UK Urged to Consider Bitcoin Reserve as Trump Leads Crypto Revolution
The UK government is urged to create a bitcoin reserve as Trump’s pro-crypto policies drive global competition in the race for digital economic dominance. Bitcoin Reserve in UK Sparks Debate as Trump Drives Global Crypto Shift Nigel Green, CEO of Devere Group, an independent wealth management and financial advisory organization, has called on the UK […]
Asset Managers Weigh in on US Bitcoin Reserve Debate
Asset managers have weighed in on Trump’s proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation’s Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have intensified following President Donald Trump’s re-election. Several asset management firms and financial analysts have voiced their […]
$113B Asset Manager Files to Launch XRP ETF in US Amid Shifting Crypto Policies
Global asset manager Wisdomtree has filed for an XRP ETF in Delaware, marking a potential breakthrough amid regulatory shifts. Regulatory Shifts Loom as XRP ETF Eyes Breakthrough Moment Global investment management firm Wisdomtree, renowned for its extensive range of exchange-traded funds (ETFs), has filed with the state of Delaware to establish an XRP ETF. Fox […]
Michael Saylor Pushes Strategic Bitcoin Reserve Citing America’s Historic Acquisitions
Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions. Strategic Bitcoin Reserve: Michael Saylor’s Vision for America’s Digital Future Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR) and a leading bitcoin advocate, has highlighted the potential of a […]
MEXC Raises the Bar: Supercar Giveaway Boosted to 12,000,000 USDT
PRESS RELEASE. Singapore, November 25, 2024 – MEXC, one of the world’s foremost cryptocurrency platforms, has unveiled a major upgrade to its ongoing “Supercar Giveaway” event. In response to overwhelming user enthusiasm, MEXC has increased the prize pool from 10,000,000 USDT to 12,000,000 USDT, with expanded prizes and a lower participation threshold. This upgrade aims […]
Coinshares: Record Inflows Showcase Growing Interest in Digital Asset Investment Vehicles
Digital asset investment products have achieved a historic milestone, according to Coinshares’ weekly report penned by research analyst James Butterfill. The findings highlight an unprecedented $ 3.13 billion in weekly inflows, signaling an amplified attraction toward these offerings. Bitcoin Leads the Charge with $ 3 Billion Inflows According to Coinshares’ research, bitcoin (BTC) …
Trading Volumes on Korean Exchanges Surge With DOGE and XRP Dominating
The recent spike in trading activity on Korean exchanges has brought the country and its retail investors to the fore of the crypto industry. Korean Investors Love to Play Big The South Korean cryptocurrency market is once again at the center of global attention with a recent surge in trading activity. The huge trade volumes […]