Thailand is on the cusp of a significant financial experiment as it considers a pilot project focused on Bitcoin, proposed by former Prime Minister Thaksin Shinawatra. This initiative is envisioned as a tourism-driven initiative to be tested in Phuket, a popular resort destination. The backing of notable figures like the CEO of Binance Thailand highlights
Crypto
The intersection of artificial intelligence (AI) and cryptocurrency is rapidly gaining traction, capturing the attention of both policy makers and business innovators. As the digital economy evolves, the integration of these two cutting-edge technologies seems poised to revolutionize financial systems worldwide. The recent establishment of the White House Crypto and AI Czar’s office under President-elect
Bitcoin’s journey leading up to Christmas Eve showcased just how volatile the cryptocurrency market can be. The lead-up to this spike was not without its turmoil; beginning with a significant downturn that saw Bitcoin plummet from over $108,000 to around $92,000 in just a few days. This dramatic drop followed the last Federal Open Market
The recent ruling by the Constitutional Court of Montenegro has brought significant legal challenges upon Do Kwon, the infamous South Korean co-founder of Terraform Labs. His appeal against extradition has been unanimously denied, adding pressure to his complicated legal saga. Kwon has been in the spotlight since the dramatic collapse of TerraUSD (UST) and its
Richard Schueler, more commonly recognized by his pseudonym Richard Heart, has become a prominent yet controversial figure in the cryptocurrency space. As the founder of Hex, a cryptocurrency that promised high returns, Heart’s ventures have not been without turmoil. Recently, he has gained notoriety for being placed on Interpol’s global wanted list due to serious
MicroStrategy, a prominent corporate player in Bitcoin investment, is taking significant steps to further solidify its commitment to digital assets. The company has convened a Special Meeting of Shareholders aimed at discussing various proposals designed to bolster its Bitcoin-centric 21/21 Plan. This strategic initiative is not only intended to enhance its capital-raising mechanisms but to
Ripple’s native cryptocurrency, XRP, has witnessed a turbulent yet fascinating trajectory in the wake of recent market corrections. Originally priced at over $2.50 on December 17, XRP faced a sharp decline, plunging to below $2 within a mere three days. Such a swift downturn may often trigger panic among casual investors; however, XRP has shown
In the world of cryptocurrency, volatility is a constant companion, as evidenced by Bitcoin’s recent 9.8% decline in value within a single week. This downturn has generated a palpable sense of unease among investors, who are rightfully cautious about the potential for further drops in the digital currency’s price. Such fluctuations can trigger a schadenfreude
The recent establishment of the Presidential Council of Advisers for Digital Assets marks a significant milestone in U.S. policymaking regarding cryptocurrency. Appointed by President-elect Donald Trump, Bo Hines, a former college football player, will take on the role of executive director. His selection sends a clear message about the incoming administration’s commitment to fostering a
Bitcoin (BTC) has captured the attention of investors and analysts alike, witnessing a remarkable ascent throughout 2024, with its price surging approximately 150% since the beginning of the year. On December 17, Bitcoin transcended the monumental threshold of $108,000, sparking discussions regarding future price projections that range significantly based on recent speculations. Notably, some experts
