The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National Bitcoin Office, in the last 7 days, Bukele’s administration acquired 18 BTC, with its total reserve reaching 6.073 BTC, nearly $584,000. “Stacked again,” the organization posted on social media, reinforcing […] Original
Este artículo también está disponible en español. In a dramatic shift, hedge funds appear to be ramping up short positions in Ethereum at a rate not seen before, sparking questions on whether the second‐largest cryptocurrency by market capitalization could be facing troubled waters—or if something else is at play. According to renowned analysts from the Kobeissi Letter (@KobeissiLetter), short positioning in Ethereum “is now up +40% in ONE WEEK and +500% since November 2024.” Their findings, shared on X, argue that “never in history have Wall Street hedge funds been…
Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 Executive Interview with Alan Ali | EC Markets | iFX EXPO Dubai 2025 In this executive interview at the iFX Expo Dubai 2025, Alan Ali,…
The University of Austin will establish a Bitcoin investment fund to explore the long-term potential of digital assets within its endowment strategy. According to a Financial Times report, the 142-year-old University of Austin is raising a $5 million Bitcoin fund as part of its $200 million endowment, making it the first U.S. university endowment to launch a dedicated Bitcoin fund. An endowment is a pool of donated funds that a university invests to generate returns over time. The additional revenue is typically used to support operational costs, scholarships, and research,…
In the realm of cryptocurrencies, a perplexing forecast has surfaced whereby an aspirational price objective of $10,000 for XRP is generating waves on trading platforms and social media. With the current price at $2.38, both experienced traders and newbies should find this prognosis very striking. Related Reading Do The Figures Add Up? Let’s get right to the point: this forecast by crypto expert Gen A runs over a basic mathematical obstacle. XRP’s market capitalization would explode to an amazing $1 quadrillion at $10,000 per coin. This is nine times more…
Bitcoin’s computational difficulty leaped by 5.61% at block height 883,008, catapulting its measure to a historic peak of 114.17 trillion, as per the latest network analytics. Miners Brace for Heightened Challenge as Difficulty Spikes Following the successful mining of block 883,008, the twisting demands of Bitcoin block validation have intensified by 5.61%, with the system’s […] Original
Metaplanet has become Japan’s hottest stock, surging 3,600% after pivoting to Bitcoin. With 1,762 BTC and a bold 21,000 BTC target, it’s Asia’s top BTC play. Metaplanet Inc. has become Japan’s fastest-rising stock, surging more than 3,600% over the past 12 months as the country experiences a surge in Bitcoin (BTC) demand. Best performing Japanese stocks over the last 12 months | Source: TradingView The company, originally a hotel developer, pivoted to a Bitcoin-first strategy in early 2024 after pandemic-related struggles forced it to close most of its properties. Now,…
Tanzanian billionaire Mohammed Dewji’s social media account was recently hacked by crypto scammers who promoted a fake digital asset, the “Tanzania token.” Tanzania Token The social media account of Tanzanian billionaire Mohammed Dewji was recently hacked by crypto scammers, who promoted a fake digital asset to his 2.2 million followers. The scammers used a deepfake […] Source CryptoX Portal
South Korea must embrace cryptocurrency ETFs now to stay ahead, says the Korea Exchange chairman, calling them a game-changer for market growth and financial innovation. Crypto ETFs Are the Future: Korea Exchange Chairman Pushes for Approval Jung Eun-bo, chairman of the Korea Exchange, has called for the listing of cryptocurrency exchange-traded funds (ETFs) in South […] Source
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…