This week in the crypto market, Bitcoin dropped below $98K due to the DeepSeek AI app’s rise. MicroStrategy acquired more Bitcoin, bringing its total to over 461K BTC. Kraken will delist USDT in Europe amidst regulatory changes. Ripple’s XRP excelled with significant inflows, while Tether remains profitable despite challenges. Predictions of further Bitcoin drops emerge, … Read more
Former President Trump has announced the creation of a U.S. Crypto Strategic Reserve, integrating major cryptocurrencies into the financial landscape. This move represents a significant shift in government perspective towards digital assets, with an immediate positive impact on crypto markets. While the reserve promises greater legitimacy for cryptocurrencies, it also raises questions about regulatory implications … Read more
El Salvador’s Congress has amended its bitcoin law, making acceptance voluntary for businesses, following guidance from the IMF linked to a $1.4 billion loan. This change, proposed by President Nayib Bukele, resulted in rapid legislative approval to ensure a manageable implementation of bitcoin as legal tender, while continuing to bolster the government’s cryptocurrency reserves. In … Read more
Bitcoin’s price surged beyond $90,000 this week, driven by optimism from President Trump’s planned crypto reserve announcement. Experts project potential growth up to $500,000, with anticipation surrounding upcoming discussions on digital assets. However, some analysts caution about initial fluctuations in Bitcoin’s value influenced by dollar trends, yet suggest long-term growth ahead. Bitcoin’s price has surged … Read more
The crypto market has seen a significant decline, with Bitcoin and Ethereum facing notable losses. Key factors include disappointment over Trump’s speech, potential interest rate hikes by the Bank of Japan, and market pressures from upcoming options expirations. The cryptocurrency market is currently undergoing a notable decline, with Bitcoin and Ethereum leading the downward trend. … Read more
WilmerHale has launched the “Crypto Currently: News Center” to deliver the latest crypto news, while the SEC Crypto Task Force is actively seeking public feedback on 48 questions regarding key issues in the crypto space. The launch of the WilmerHale “Crypto Currently: News Center” marks an exciting step for tracking crypto developments. This resource curates … Read more
Solana (SOL) exhibits notable price momentum as President Trump’s crypto summit approaches. Recent mentions of SOL in discussions about the U.S. Strategic Crypto Reserve have fueled investor interest, with SOL trading at $147.92 and experiencing considerable volatility. Market data shows a 6.27% rise in open interest, signaling increased speculation. As the clock ticks down to … Read more
Bitcoin surged to $96,000, boosted by expected favorable crypto policies from incoming President Trump. A positive ruling for Coinbase also contributed to market optimism, despite some skepticism. Analysts predict significant gains for Bitcoin, with a potential price target of $102,000 next month. Bitcoin’s price has surged to $96,000, reflecting a 4% increase driven by a … Read more
Cryptocurrencies XRP, DOGE, and ADA dropped 9% after Trump’s Bitcoin Strategic Reserve announcement, which excluded these assets. Over $400 million in bullish futures were liquidated, leading to reduced market optimism ahead of the upcoming White House Crypto Summit. Traders are now cautious about future prospects without substantial commitments from Trump. In a twist of fate, … Read more
KULR Technology Group predicts Bitcoin could soar to $200,000 by 2025 following a $21 million purchase made during a dip. The surge is linked to rising adoption from nations considering Bitcoin as a reserve asset. However, market factors including regulations and Federal Reserve policies will heavily influence this price trajectory. KULR Technology Group has made … Read more