Month: January 2025

Syria explores Bitcoin legalization to rebuild post-war economy

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A proposal to legalize Bitcoin aims to reshape Syria’s financial future. Syria, a nation still recovering from the fall of the Assad government, is getting ready for a drastic financial reform: the legalization or Bitcoin (BTC). To combat inflation, stabilize the country’s economy, and draw in foreign investment, the Syrian Center for Economic Research has put forth a bold plan that calls on the transitional government to embrace BTC and other digital currencies. Following decades of war and economic destruction, the country is now confronted with the daunting task of…

Swiss chancellery registers proposal to add Bitcoin to national reserves

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A proposition to add Bitcoin to Switzerland’s national reserves has been set in motion by the Swiss Chancellery. Proposed by a coalition of ten Swiss crypto advocates, including Tether’s Vice President of Energy and Mining Giw Zanganeh and Swiss think tank 2B4CH founder Yves Bennaïm, the initiative needs 100,000 signatures to advance a constitutional amendment mandating the Swiss National Bank to hold Bitcoin alongside gold as part of its monetary reserves. The proposal was initially submitted on Dec. 5 and officially registered in Switzerland’s Federal Gazette on Dec. 31, marking…

Bitcoin ETFs see tepid Inflows, while Ether ETFs rebound strongly

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Both spot Bitcoin and Ethereum exchange-traded funds recorded inflows on Dec. 31, following a day of significant outflows amid a broader market downturn that saw both assets experience heavy losses. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged a net inflow of $5.32 million on Tuesday marking an end to its 2-day outflow streak that saw over $723 million leave the funds. The majority of inflows came into Fidelity’s FBTC which saw $36.81 million enter the fund. Bitwise’s BITB and Grayscale Bitcoin Mini Trust contributed to the…

These 5 could be must-have coins for the rally

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Altcoin surge ignites market buzz; discover which coins could be key to maximizing this rally’s potential gains. The altcoin market is experiencing a significant surge. Certain coins are outperforming others, capturing attention as their values climb. This upward trend raises the question: which coins could be crucial during this rally? Delving into the current market dynamics, this article highlights the altcoins that might be essential additions for those looking…

4 reasons Cardano price may explode higher in 2025

Cardano’s price remains in a technical bear market, but there are three key reasons why the coin could rebound in 2025. Cardano (ADA) appears poised to end the year trading at $0.870, down about 35% from its 2024 high but there are several catalysts to reverse recent losses in 2025. First, Cardano will integrate with BitcoinOS in 2025, opening a $1.5 trillion market opportunity. This integration is expected to enhance liquidity within Cardano’s decentralized finance ecosystem, potentially driving an increase in total value locked. Cardano’s TVL has historically lagged behind…

Under $1, this crypto is ready to rally like BTC in 2013 or ETH in 2017

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance, with its $0.175 presale price and real-world asset tokenization, mirrors the transformative early days of Bitcoin and Ethereum. Much like the introduction of Bitcoin in 2013 and Ethereum in 2017, the space for crypto was knocked off its feet to innovative and poised pivotal projects. Rexas Finance (RXS) is attracting interest now with its creative ideas in real estate tokenizing and decentralized finance (DeFi). Offering investors an…

Bitcoin Retests $95,000, Is A New Year Rebound Coming?

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Este artículo también está disponible en español. As the year ends, a renowned analyst suggested that Bitcoin (BTC) could have a New Year rebound after the flagship crypto surged by 4.2% to retest a key level. Related Reading Bitcoin Sees End-On-Year Slowdown Bitcoin has struggled to hold the mid-zone of its one-month price range as the crypto market experiences an end-of-year slowdown. In December, BTC surpassed the $100,000 barrier for the first time, reaching a new all-time high of $108,353 mid-month. Over the last 30 days, the flagship crypto has…

Michael Saylor’s Bitcoin Poll Hints at Explosive Growth – Majority Expect Big Gains

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Michael Saylor’s poll of 93,456 votes reveals surging confidence in bitcoin, with most participants predicting significant long-term returns. Poll Reveals Surging Confidence in Bitcoin’s Future – Saylor’s Followers Expect Massive Growth Michael Saylor, the executive chairman of Microstrategy, conducted a poll on social media platform X which ended Monday, asking his followers to predict bitcoin’s […] Original

Do Kwon Extradited to US to Face Crypto Fraud Charges

Do Kwon, the South Korean founder of Terraform Labs, has been extradited to the United States. Authorities in the country accused Do Kwon of orchestrating a multi-billion dollar crypto fraud following the collapse of his company’s Terrausd and Luna cryptocurrencies in 2022. The collapse caused billions of dollars in losses across the market. Do Kwon […] Source CryptoX Portal