Day: February 11, 2025

New Fund Launches Linking Crypto Investment to Portuguese Residency

A new investment vehicle, the KvarnPortugal Fund, is set to allow investors a way to gain exposure to the cryptocurrency sector while also presenting a potential pathway to Portuguese residency or citizenship. The fund is the result of a partnership between Fundbox, a Portuguese fund management company, and Kvarn X, a European cryptocurrency investment platform. The fund’s subscription period ends in Feb. 2027, according to its website, and features a 0.05% management fee, along with a one-off 2.5% subscription fee. On top of these, investors also have to cover a…

Bitcoin ETFs Coming To Japan? Government Prepares To End Ban

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

5 Best Altcoins For the Bull Run as Solana TVL Hits New Highs

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According to Messari’s latest reports, Solana TVL (total value locked) absolutely exploded in Q4 2024, ending the year in style. TVL on Solana rose to $8.6B, an incredible growth of 486% from last year. Furthermore, the quarter-on-quarter growth rate also stood at an impressive 64%. After amassing a record-breaking TVL in 2024, Solana now ranks second among blockchains after it surpassed Tron in December. Whether it’s the meme coin niche (with Pump.fun) or decentralized finance (DeFi) overall, Solana is on a roll as far as blockchain development goes. With Solana…

Wazirx to Launch RT Tokens to Compensate Users After $230M Crypto Breach

Nischal Shetty, founder and CEO of Wazirx, India’s largest cryptocurrency exchange, has announced plans to introduce RT tokens equivalent to the total value of assets stolen in the $230 million breach the platform endured. Wazirx Pledges Transparency With RT Tokens According to Shetty, Wazirx intends to distribute recovery tokens in response to the July 2024 […] Source CryptoX Portal

Top New Crypto to Buy as Japan Considers Approving Bitcoin ETFs

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Japan is making a dramatic shift in its stance on cryptocurrency. The Financial Services Agency (FSA), which once imposed a steep 55% tax on crypto income, is now considering lowering it to a more manageable 20%. Additionally, Japan is exploring the approval of Bitcoin ETFs, potentially reversing its previous ban on the asset. This move likely comes as a result of SoftBank’s foray into crypto. Nevertheless, the country now looks keen to align itself with the rest of the world as far as the crypto consensus is concerned. With yet…

Analyst Says You’ll Regret Not Buying Ethereum At These Prices, Here’s Where It’s Headed

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Este artículo también está disponible en español. According to a crypto analyst, the Ethereum price is on the verge of a breakout, and investors who don’t buy it now could be left with regrets later. With technical indicators pointing towards a significant price surge, the analyst forecasts that Ethereum (ETH) could climb as high as $12,000 this bull cycle. Ethereum Price Headed To $12,000? Prominent crypto analyst Captain Faibik has issued a stark warning to investors, urging them to buy Ethereum at a particular price low or risk entering the…

Mert Mumtaz, X Hall of Flame

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Helius Labs CEO Mert Mumtaz is betting on Solana jumping 150% in the next five years, brushing off any short-term price action as just noise. “I’m confident in saying that Solana will be a trillion-dollar asset and that it will go above $500. I’d be very surprised if Solana is not at $500 in five years,” Mert tells Hall of Flame. “It seems to be a rare breed in crypto, but my time horizon is five to 10 years. I don’t really care about anything that happens underneath that,” he…

Can Bitcoin Hold $97K? – 1-3 Month Holders’ Data Reveals Crucial BTC Demand

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Este artículo también está disponible en español. Bitcoin has experienced a quiet weekend, with the price remaining stagnant around the $96,500 level for five consecutive days. This prolonged period of consolidation highlights the current indecisive nature of the market. Bulls have been unable to reclaim control and push Bitcoin above the critical $100K mark, while bears are also struggling to drive the price lower toward key demand levels. Related Reading The lack of direction has left investors and analysts watching closely for signals of the next major move. The broader…