SINGAPORE, Jan. 18, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the shor
Massachusetts and Wyoming have formally introduced bills today to establish a strategic Bitcoin reserve for the state. California’s state representative has also started proceedings to draft a Bitcoin-focused bill. As of January 2025, at least 15 US
Currency and bond investors will be eagerly awaiting the inauguration of President-elect Donald Trump on Monday for cues on the direction of U.S. policy, with executive orders potentially spelling big moves for markets.Trump's inauguration will mark
Komainu Holdings, a regulated cryptocurrency custodian backed by Nomura’s Laser Digital, has raised $75 million in Bitcoin from Blockstream Capital Partners to support worldwide expansion and integrate advanced crypto technology, according to a press
Dubai could be getting a new 17-storey Crypto Tower in 2027, according to its developers, while in Asia, a Bitcoin hotel in Tokyo is set to open its doors in Q3 — adding to a lengthening list of crypto-linked buildings in development around the globe
Lawmakers in Oklahoma and Texas are pushing forward proposals to establish a strategic Bitcoin reserve, reflecting the growing adoption of the digital asset in public finance.In Texas, State Senator Charles Schwertner introduced a bill to make Bitcoi
The United States, Japan and the Republic of Korea (South Korea) have issued a joint statement warning the blockchain industry against crypto thefts committed by the Democratic People's Republic of Korea (DPRK or North Korea).The three governments sa
Circle’s USD Coin stablecoin outpaced all other stablecoins in terms of market capitalization growth in 2024, after a decline in 2023.The circulation of USD Coin (USDC) grew 78% year-over-year, outpacing the growth rate of all global stablecoins, Cir
In the last year, Bitcoin has gained such popularity that lawmakers and regulators across five continents now consider it a potential reserve asset — a transferable store of value held by a central bank that can be used to settle transactions. Czech
Remixpoint, a Japanese energy consulting firm, has acquired an additional 33.34 BTC for 500 million yen ($3.2 million) as the Tokyo-listed company continues to prioritize crypto asset investments.In a statement released Friday, Remixpoint disclosed t
On Monday, the U.S. Supreme Court denied Binance and its former CEO Changpeng Zhao’s petition to review a lower court ruling that U.S. securities laws apply to the cryptocurrency exchange, even without a physical headquarters. Binance and Zhao
One of the largest investment companies in the world with more than $2.3 trillion in assets under management, Los Angeles-based Capital Group has become one of the biggest shareholders in Metaplanet.Based in Japan, Metaplanet was a hotel industry inv
What is crimeware-as-a-service (CaaS)? Crimeware-as-a-service (CaaS) involves experienced criminals selling their tools and services to less experienced offenders for a price. This model resembles software-as-a-service (SaaS), where the provider gi
Fidelity’s latest report predicted that nation-states, central banks, sovereign wealth funds, and government treasuries may strategically position themselves in the cryptocurrency market by 2025. The prediction follows the approval and launch of spot
As bitcoin wobbles around the $90,000-$95,000 area, down more than 10% from its all-time high touched a bit less than four weeks ago, a contrast is growing between traders — whose technical analysis tools show the top cryptocurrency may be due for a
SINGAPORE, Jan. 11, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and then fell back below $100,000, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue
Ripple, a San Francisco-based blockchain company, recently transferred $682 million worth of XRP to an unknown wallet, according to data from Whale Alert, a service that tracks large cryptocurrency transactions.Meanwhile, XRPUSD has been moving upwar
XRP, the cryptocurrency supporting the Ripple blockchain, might experience bearish momentum as funding rates have turned negative on multiple derivatives exchanges today (Friday). Although the rates shifted to the positive region on many exchanges, s
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty attended a private dinner with President-elect Donald Trump on January 6. Garlinghouse shared details of the dinner on social media, describing it as a “great dinner” and a “strong
HONG KONG, Jan. 09, 2025 (GLOBE NEWSWIRE) — CoinEx Research's December 2024 report highlights a transformative month for crypto, with Bitcoin surpassing $100,000 amid optimism over Trump’s presidential victory. The report also examines the Fed’s ha