Day: February 7, 2025

US-Based Crypto Exchange Gemini Considering IPO Launch Later This Year: Report

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US-based crypto exchange platform Gemini is reportedly mulling over pursuing an initial public offering (IPO) in 2025. According to a new report by Bloomberg, anonymous people familiar with the matter say the billionaire Winklevoss twins’ crypto firm is considering launching an IPO sometime this year. An IPO is when a company sells shares of its own stock to the public for the first time as a means of raising funds. Though the talks are still ongoing, no firm decisions have been made on the matter, the people said, according to…

Poland’s Central Bank rules out Bitcoin for reserves

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The National Bank of Poland has firmly ruled out the possibility of incorporating Bitcoin into its currency reserves, citing significant security concerns. NBP President and Monetary Policy Council Chairman Adam Glapiński emphasized the necessity of absolute security in reserve assets during a recent press conference, according to the Warsaw Business Journal.  He stated, “We will not consider Bitcoin under any circumstances, as reserves must be absolutely secure.” JUST IN: The National Bank of Poland stated that it will not hold #Bitcoin in its reserves under any circumstances. The regulator’s chief…

Massive XRP Accumulation – Whales Bought 520 Million XRP During Market Dip

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Este artículo también está disponible en español. XRP has shown resilience amid the market’s volatility and uncertainty, standing strong as it rebounds from recent lows. The price is now over 33% up from Monday’s low, signaling renewed momentum and a potential push toward higher levels. Despite ongoing turbulence in the broader crypto market, the price appears to be regaining strength, with investors closely watching its next move. Related Reading Top analyst Ali Martinez shared on-chain data revealing a key trend that has unfolded during this recent market dip. According to…

Cloudbet Removes All Betting Limits on Super Bowl LIX

This weekend’s Super Bowl brings an unprecedented opportunity for high-stakes bettors: unlimited betting on major markets. Cloudbet announces the removal of all stake restrictions on moneyline, spread, and over/under bets for Super Bowl LIX, allowing users to place bets of any size – whether it’s $10 million on the Eagles or $50 million on the […] Source CryptoX Portal

Ethereum Price Could Be Primed For Another 100% Move After Printing Capitulation Candle

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Este artículo también está disponible en español. Ethereum’s price action in the past seven days has led to the creation of a capitulation candle that might send it on another surge within the next eight to twelve weeks. This capitulation candle caught the attention of crypto analyst Ted Pillows, who noted an interesting repeating capitulation pattern for Ethereum.  According to technical analysis by Ted Pillows, Ethereum has printed a capitulation candle in early 2025, just as it did in the first quarter of 2024 and the third quarter of 2023.…

Next 4 Big AI Crypto to Soar to 100x as dApp AI Gains Hype

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Although gaming and decentralized finance (DeFi) continued their dominance in the decentralized applications (DApp) space, accounting for a total of around 56% of all active wallets in January, the biggest highlight was AI’s rise to fame. AI-powered DApps recorded around 2.2 million unique active wallets, which is a healthy 8.5% of the total DApp market. All in all, AI is rapidly growing into a force to reckon with in Web3 – so much so that experts believe that the next bull run in Web3 could be driven by AI. Further…

BERA Price Explodes After Exchange Launch as New L2 Project Solaxy Hits $18.5M in ICO

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Berachain’s (BERA) mainnet launch has made headlines – with BERA defying early expectations after hitting the open market. But while all eyes are on BERA’s breakout, another project is gaining traction under the radar: Solaxy (SOLX). This new Layer-2 solution for Solana has raised over $18.5 million in its ICO. Berachain Launches Mainnet as Proof-of-Liquidity […] Source

Bitcoin allocation plan could push Czech Republic ahead of UK, Germany: Bitget CEO

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Bitget Exchange CEO Gracy Chen has highlighted key developments in the Czech Republic’s approach to Bitcoin. Chen noted that if the Czech National Bank proceeds with its proposal to allocate 5% of its €140 billion foreign reserves into Bitcoin, the country could become the world’s third-largest Bitcoin (BTC) holder, surpassing nations such as the United Kingdom, Germany, and Ukraine. She also emphasized the new capital gains tax exemption for BTC, which has been in place for over three years, incentivizing long-term adoption.  This is solid great news! 🎉🚀 The Czech…