Beginning in June, South Korean nonprofit organizations and virtual asset exchanges will be permitted to trade digital assets freely. Exchanges can sell virtual assets under strict regulatory conditions to prevent conflicts of interest and minimize market impact. Promoting a Sound Donation Culture South Korean nonprofit organizations and virtual asset exchanges will be allowed to freely […] Source
Day: May 4, 2025
BitBoard, Clash of Lilliput surge as Bitcoin hovers $95k
While Bitcoin hovers around $95,400, several gaming and social tokens like BitBoard (BB) and Clash of Lilliput (COL) are leading the pack with notable 24-hour increases. BitBoard has surged 104% in the last 24 hours, trading at $0.006162 from a low of $0.002903. BB has shown a price pump of 760% over the past week and 4,200% growth in the last 30 days. See below. Source: CoinGecko BitBoard describes itself as “a space for stars and fans that offers an online fandom service.” However, despite the price action, there haven’t…
Is there hope for Canada’s crypto sector after the election?
Cryptocurrencies are one of many dividing lines between the Liberal and Conservative parties of Canada. In 2022, Conservatives advocated for crypto as a way to “opt out” of inflation, blaming Liberal economic policy for driving inflation to 30-year highs and contributing to a spike in housing costs. Liberals, on the other hand, criticized crypto for being too volatile. Most of the time, cryptocurrencies are treated as securities, which makes developing a crypto-focused business in Canada difficult. This protective approach is seen by Conservatives as harmful to the country’s economic and…
Coinbase Quietly Holds 2.7 Million Bitcoin Under Management, Worth About $261 Billion
Coinbase quietly guards a digital war chest of 2.7 million bitcoin, with Wall Street giants, tech titans, and mining firms all locking their crypto fortunes behind its walls. Digital Fort Knox Onchain data from timechainindex.com shows that San Francisco–based Coinbase (Nasdaq: COIN) currently safeguards 13.7% of the bitcoin ( BTC) in circulation. Beyond running a […] Source CryptoX Portal
Coinbase Quietly Holds 2.7 Million Bitcoin Under Management, Worth About $261 Billion
Coinbase quietly guards a digital war chest of 2.7 million bitcoin, with Wall Street giants, tech titans, and mining firms all locking their crypto fortunes behind its walls. Digital Fort Knox Onchain data from timechainindex.com shows that San Francisco–based Coinbase (Nasdaq: COIN) currently safeguards 13.7% of the bitcoin ( BTC) in circulation. Beyond running a […] Original
Cup-and-Handle Pattern Signals Altseason Is Ready For Launch
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Saylor signals impending Bitcoin purchase following Q1 earnings call
Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase, marking the fourth consecutive week of purchases by the BTC treasury company. The company’s most recent acquisition occurred on April 28 when Strategy purchased 15,355 BTC, valued at over $1.4 billion at the time, bringing the company’s total holdings to 553,555 BTC. According to data from SaylorTracker, Strategy is up approximately 39% on its investment, representing over $15 billion in unrealized gains. Strategy’s history of Bitcoin acquisition. Source: SaylorTracker Bitcoin investors continue closely monitoring the company, which has been…
Latam Insights: Strategy Rises in Brazil; El Salvador Continues to Buy Bitcoin
Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Oranje rises as Latam’s Strategy’s copycat, El Salvador will continue to buy bitcoin despite the IMF’s deal, and Brazil cracks down on a $290 million crypto scheme remains. Latam’s Strategy […] Original
Coinbase Pursues US Staking Rights, Saylor Calls Bitcoin a ‘Historic Entry Point,’ and More — Week in Review
Coinbase pursues U.S. staking rights, Saylor calls Bitcoin a “historic entry point,” Bitcoin’s bull run reloads, and more in this Week in Review. Week in Review Coinbase is battling regulatory setbacks in four U.S. states that have blocked $90 million in staking rewards. Meanwhile, Strategy continues its aggressive bitcoin acquisition strategy, calling the current moment […] Original
Cryptocurrencies to watch this week: Immutable, Ethena, IOTA
Cryptocurrencies performed well last week, with Bitcoin soaring to its highest level since February and the market cap of all coins jumping to over $3 trillion. The main catalyst for Bitcoin (BTC) and other altcoins this week will be the Federal Reserve interest rate decision on Wednesday. Signs that the Fed will cut rates three times this year will help boost crypto prices. The other potential catalyst will be signs that the US and China are talking on ending the ongoing trade war. Some cryptocurrencies like Immutable (IMX), Ethena (ENA),…