Day: January 30, 2025

Will Trump’s Executive Order Break Bitcoin’s Four-Year Market Cycle?

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The Bitcoin market has long been defined by its seemingly immutable four-year cycle, a pattern of three years of surging prices followed by a sharp correction. However, a seismic shift in policy from Washington, led by former President Donald Trump, may shatter this cycle and usher in a new era of prolonged growth for the cryptocurrency industry. Matt Hougan, Chief Investment Officer at Bitwise Asset Management, recently posed an intriguing question: Can Trump’s Executive Order break crypto’s four-year cycle? His answer, though nuanced, leans towards an emphatic yes. The Four-Year…

How Bitcoin Empowers Women

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I was recently having a conversation with a friend in Kenya who described how difficult it was for women in that country to stand in local elections due to the complexity of setting up a bank account. The first challenge is to obtain identification documents, which is a process that is complicated by cultural attitudes in certain communities in which the men may object to women seeking independent documents. Many women also live far from registration centres, have limited literacy to complete the forms and may not be able to…

Venmo founder’s JELLYJELLY meme coin surges 1000%

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Key Takeaways Venmo co-founder’s meme coin JELLYJELLY surged over 1000%, reaching a $250 million market cap shortly after its debut. The token will grant early access to the JellyJelly video-sharing app, part of a growing trend of projects using Pump.fun for product-backed token launches. Share this article Venmo co-founder Iqram Magdon-Ismail and early Venmo investor Sam Lessin launched the JELLYJELLY meme coin, which surged over 1000% within hours, reaching a $250 million market cap. The token was launched late Wednesday on Solana’s Pump.fun launchpad, quickly transitioning to Raydium after Lessin…

Czech National Bank To Assess Bitcoin as Part of Reserve Strategy

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The Bank Board of the Czech National Bank (CNB) has approved a proposal to evaluate investing in new asset classes, including Bitcoin, as part of its international reserve management strategy. The decision came during a meeting today where the board reviewed a report on its international reserve management for 2024. JUST IN: 🇨🇿 Czech National Bank approves proposal to assess investing in additional asset classes, such as Bitcoin. Yesterday, Czech's National Bank Governor said it's "worth considering" investing in Bitcoin. pic.twitter.com/Y2QnddNMCG — Bitcoin Magazine (@BitcoinMagazine) January 30, 2025 The approval is…

Czech central bank greenlights study on Bitcoin as potential reserve asset

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Key Takeaways The Czech National Bank is exploring new asset classes, including Bitcoin, for its international reserves. The CNB aims to diversify its investment portfolio but has not announced immediate changes. Share this article The Czech National Bank’s (CNB) board has approved a proposal to analyze new asset classes like Bitcoin for its international reserves management strategy, according to a Jan. 30 press release. The decision, reached at a Bank Board meeting on Thursday, is part of the CNB’s ongoing efforts to diversify its reserve portfolio. Even though the CNB’s…