A US court has overturned the sanctions on privacy protocol Tornado Cash in a significant legal development for crypto. Source link
Month: January 2025
How Declining Short-Term U.S. Treasury Yields Impact Bitcoin Price
The recent divergence in U.S. Treasury yields, where shorter-term yields have been declining while longer-term yields are on the rise, has sparked significant interest across financial markets. This development provides critical insights into macroeconomic conditions and potential strategies for Bitcoin investors navigating these uncertain times. We’ve recently observed a divergence in U.S. Treasury yields, with shorter-term yields declining while longer-term yields are rising. 🏦 What do you think this signals for the government bond market, Bitcoin, and the broader financial markets? 🤓 Let me know 👇 pic.twitter.com/eJmj6hhyKV — Bitcoin Magazine…
DeepSeek fears wipe $2.5B from AI agent market cap
Key Takeaways The AI agent market cap has decreased by $2.5 billion, influenced by concerns over the cost-efficiency of DeepSeek, a Chinese AI model. DeepSeek’s emergence has triggered a reassessment of AI investments, impacting major tech stocks and crypto assets. Share this article The AI agent market cap has plunged over $2.5 billion in the past 24 hours, dropping from $12.9 billion to just over $10.2 billion, according to data from cookie.fun. CoinGecko data shows a similar decline in AI agents’ market cap, with the figure dropping to $10 billion,…
Multicurrency is the future of stablecoins, says former Binance.US exec
The US dollar dominates the stablecoin industry, but that can soon change, according to former Binance.US CEO and 1Money founder Brian Shroder. Source link
MicroStrategy proposes 2.5M share offering to fund Bitcoin purchases
The company acquired another $1.1 billion worth of Bitcoin last week, increasing its digital asset holdings to 471,107 BTC. Source link
Bitcoin price bounces 5%, cancels DeepSeek stocks dive as $102K returns
Bitcoin wastes little time with a relief bounce taking BTC price action back above $100,000. Source link
Analyst Reveals Why The New Week Will Be ‘Dynamic’
Este artículo también está disponible en español. A new XRP price prediction has surfaced, with a crypto analyst forecasting that the popular altcoin will experience a dynamic surge to $5.85 in the new week. Based on the Elliott Wave Theory and key technical indicators, the analysis outlines how XRP could see a significant upside after breaking out a symmetrical triangle pattern. On January 26, Dark Defender, a prominent crypto analyst on X (formerly Twitter), forecasted an XRP price surge to a new all-time high of $5.85. The analyst shared a…
Ripple obtains Money Transmitter Licenses in Texas, New York
Key Takeaways Ripple has secured Money Transmitter Licenses in New York and Texas, totaling over 50 in the US. Ripple’s payments business processed $70 billion in volume, doubling last year with new North American customers. Share this article Ripple has obtained Money Transmitter Licenses (MTLs) in New York and Texas, strengthening its position in two major US financial hubs with high demand for efficient cross-border payments from both traditional banks and the growing crypto sector, the company shared in a Monday press release. The new licenses bring Ripple’s total US…
Crypto could justifiably spend even more on lobbying
An uneasy feeling about the current volume of crypto political spending is understandable. If you believe in the mission, it’s the price of survival. Source link
Nasdaq Proposes In-Kind Redemptions for BlackRock’s Bitcoin ETF
Nasdaq has submitted a groundbreaking proposal to the U.S. Securities and Exchange Commission (SEC) that could transform the operational framework of Bitcoin exchange-traded funds (ETFs). The proposal, focused on BlackRock’s iShares Bitcoin Trust (IBIT), seeks to introduce “in-kind” bitcoin redemptions, offering a streamlined and cost-effective alternative to the current cash redemption process. JUST IN: BlackRock files to allow in-kind creations and redemptions for its spot Bitcoin ETF! pic.twitter.com/SSigX4utRG — Bitcoin Magazine (@BitcoinMagazine) January 24, 2025 What Are In-Kind Redemptions? Under the proposed system, institutional players known as authorized participants (APs) – responsible…