Tag: Report

Czech central bank’s Bitcoin reserve plan may take months, exposure cut to under 1%: report

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The Czech central bank is reviewing a Bitcoin reserve plan that may take months, with potential exposure set to be well below the originally suggested, sources say. The Czech central bank’s Bitcoin (BTC) adoption plan may take months to finalize, with exposure expected to be much lower than the initially suggested 5%. Governor Ales Michl first floated the idea in an interview with the Financial Times. The proposal sparked excitement in the crypto space but faced skepticism from policymakers. European Central Bank President Christine Lagarde dismissed it, saying that “reserves…

BlackRock to list Bitcoin ETP in Europe: report

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BlackRock plans to launch its first Bitcoin exchange-traded product in Europe following the success of its $58 billion U.S. Bitcoin ETF. The fund is expected to be domiciled in Switzerland, sources familiar with the matter told Bloomberg.  BlackRock could begin marketing the product as early as this month. Its entry into the European crypto ETP market marks another step in the firm’s growing embrace of digital assets. Exchange-traded products are a category of securities that track the value of one or more underlying assets. ETPs can be traded on regulated…

Cryptocurrency Market to Grow by USD 39.75 Billion (2025-2029), Rising Investment in Digital Assets to Boost Revenue, Report on AI Driving Market Transformation – Technavio

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NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global cryptocurrency market  size is estimated to grow by USD 39.75 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  16.7%  during the forecast period. Rising investment in digital assets is driving market growth, with a trend towards acceptance of cryptocurrency by retailers. However, volatility in value of cryptocurrency  poses a challenge. Key market players include AlphaPoint Corp., Binance Holdings Ltd., Bit2Me, Bitfury Group Ltd., Cardano, CEX.IO Corp., Coinbase Global Inc., DOGECOIN, FMR…

Czech central bank eyes holding up to 5% of reserves in Bitcoin: report

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Governor Aleš Michl plans to propose a Bitcoin investment to the Czech National Bank’s board, potentially allocating up to 5% of reserves to the digital asset. Czech National Bank Governor Aleš Michl is making a bold move, one no other Western central bank has taken so far: he wants to put Bitcoin (BTC) in the country’s reserves. If approved, up to 5% of the Czech National Bank’s €140 billion in reserves could be allocated to Bitcoin. Michl plans to present his proposal to the CNB board on Jan. 30, telling…

Elon Musk Said To Propose Blockchain Use At DOGE – Report

Elon Musk, the founder of SpaceX, Tesla, and also a key figure behind President Donald Trump’s administration, is reportedly engaging in discussions about the potential implementation of blockchain technology within the newly established Department of Government Efficiency (DOGE).  This initiative, part of Trump’s broader effort to enhance the digital asset industry, aims to leverage the advantages of blockchain for improving government operations. Elon Musk Eyes Blockchain Solutions Sources familiar with the talks, who requested anonymity due to the confidential nature of the discussions, indicated to news outlets such as Fortune,…

Wallet addresses holding at least $100 in Bitcoin approach all-time highs: report

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Wallet addresses holding at least $100 in Bitcoin are approaching all-time highs as per a recent report by Binance. On-chain data shows a major increase in small Bitcoin (BTC) holders, showing a surge in renewed interest and optimism for BTC. This retail growth goes parallel to the institutional adoption driven by BTC ETFs, which saw holdings double from 650,000 BTC to over 1,250,000 BTC throughout 2024. The expanding retail presence comes as BTC shows strong holder behavior, with over 50% of BTC remaining unmoved for more than two years. Market…

Trump open to adding XRP, Solana to U.S. crypto reserve: report

President-elect Donald Trump is reportedly considering an “America-first” crypto reserve strategy that prioritizes digital assets founded in the U.S., according to the New York Post.  Coins such as Solana (SOL), USD Coin (USDC), and Ripple (XRP) are being discussed as potential inclusions.  Trump has recently met with the founders of these projects and is said to be receptive to the idea, sources close to the matter revealed to the NYP. He reportedly aims to focus U.S.-based cryptocurrencies in his proposed “America-first” crypto reserve strategy. Less eyes on Bitcoin?  However, the…

Bitcoin May Target $145,000 To $249,000 Under Trump Administration: Report

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Este artículo también está disponible en español. According to CryptoQuant’s latest weekly report, Bitcoin (BTC) could target a price range between $145,000 and $249,000 in 2025. The report cites rising institutional capital inflows and favorable crypto regulations as key drivers of Bitcoin’s potential price appreciation. Bitcoin To Benefit From Increasing Institutional Flows Following a flash crash to $89,256 earlier this week, Bitcoin is now striving to reclaim the $100,000 price level. A recent report by CryptoQuant predicts that BTC could peak at $249,000 this year, supported by multiple favorable factors,…

Bitcoin ETFs resume inflows as BTC surge past $100k following US CPI report

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Spot Bitcoin exchange-traded funds in the United States saw a return to inflows on Jan. 15, as Bitcoin briefly surpassed $100k following the release of U.S. December Consumer Price Index data. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $755.01 million in net inflows on Wednesday, breaking a four-day outflow streak during which over $1.2 billion exited the funds. Interestingly, the majority of the inflows on the day came from Fidelity’s FBTC, which attracted $463.08 million — its highest net positive flow since March 7 of last…

Report: Tether Sues Swan Bitcoin Amid Claims of Secret Meetings and Broken Agreements

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A report reveals that Tether, the world’s leading stablecoin issuer, has reportedly initiated legal action against the bitcoin-focused firm Swan Bitcoin. Proceedings are said to have been filed in the High Court of England and Wales, marking the latest development in this unfolding dispute. Report Says Tether Has Filed a Lawsuit Against Swan Bitcoin in […] Original