On December 31, a noteworthy development was registered with the Swiss Federal Chancellery as a new initiative emerged, aiming to facilitate the Swiss National Bank’s (SNB) inclusion of Bitcoin in its monetary reserves. Led by a coalition of ten Bitcoin proponents, this initiative includes prominent figures such as Giw Zanganeh, Tether’s vice president for energy
Web3 gaming is poised for a transformative leap in early 2025. The proliferation of blockchain technology, particularly through Non-Fungible Tokens (NFTs), is redefining player ownership and interaction within virtual realms. Unlike traditional gaming models that limit players’ rights over in-game assets, Web3 gives players unprecedented control over their digital possessions. As developers race towards a
Bitcoin, the pioneer of cryptocurrency, has historically shown positive seasonality, particularly during the final quarters of its halving years. However, recent events suggest that this trend may be waning, as observed through fluctuating price dynamics over the past few weeks. This shift highlights a critical moment in the market, wherein traditional drivers of demand—most notably,
The implementation of the Markets in Crypto-Assets (MiCA) regulation across the European Union represents a significant advancement in the governance of digital assets. For years, the evolving landscape of cryptocurrencies and digital tokens has raised numerous concerns surrounding safety, transparency, and consumer protection. The EU’s concerted efforts to establish a comprehensive legislative framework respond directly
In a pivotal announcement on January 2, Binance, the world’s leading cryptocurrency exchange by trading volume, received regulatory approval from Brazil’s Central Bank to acquire Sim;paul, a licensed broker-dealer. This development signifies Binance as the first cryptocurrency exchange in Brazil to secure such a license, opening up a plethora of opportunities for the company to
The cryptocurrency landscape has seen a multifaceted evolution over the years, with Shiba Inu (SHIB) emerging as one of the most notable names in the sector. Originally launched with a staggering total supply of one quadrillion tokens, SHIB has gained considerable traction among investors and meme enthusiasts. Following a year of notable developments and substantial
As we delve into Ethereum’s performance in 2024, it becomes evident that the cryptocurrency has experienced a rather disheartening year. With only a modest increase of 47%, Ethereum has struggled to regain its past glory, particularly failing to break through the crucial $4,000 mark for a sustained period. In stark contrast, Bitcoin has witnessed a
In a remarkable display of support for the beleaguered developers of the Tornado Cash protocol, Ethereum co-founder Vitalik Buterin has donated 50 ETH, equivalent to around $170,000, to the legal defense fund for Roman Storm and Alexey Pertsev. This significant contribution, announced in a December 31 post by the Juicebox project dedicated to aiding the
The cryptocurrency market has always been known for its volatility and sudden shifts, with assets often reacting dramatically to political and regulatory changes. This behavior has particularly been the case for XRP, Ripple’s native cryptocurrency, which has experienced noteworthy fluctuations, especially in the latter part of 2024. After Donald Trump’s re-election, XRP’s price skyrocketed, raising
As cryptocurrencies continue to gain popularity, the regulatory landscape in the United Kingdom faces escalating challenges. The Financial Conduct Authority (FCA) has been under scrutiny due to its struggle to manage problematic advertising in the crypto space. A recent report highlighted a staggering 1,702 alerts issued for potentially misleading crypto advertisements over a year, raising
