DeFi Technologies, a prominent Canadian fintech company, has been making significant waves in the cryptocurrency market lately. With a core focus on diversifying its treasury strategy, the company recently announced the acquisition of another 94.34 BTC, adding to the 110 BTC it initially purchased in June. In addition to Bitcoin, DeFi Technologies has also ventured
Upon analyzing the insights provided by crypto analyst Rekt Capital, it is essential to approach the predictions regarding Bitcoin’s future trajectory with skepticism. While Rekt Capital suggests that Bitcoin may not be ready for its next leg up just yet, claiming that it could climb back above $70,000, it is crucial to question the basis
The Basel Committee on Banking Supervision recently announced the release of its final disclosure framework for banks’ crypto exposures. This framework, known as DIS55, aims to enhance transparency and ensure a consistent regulatory approach in the fast-growing field of digital assets. The new standards are set to take effect on Jan. 1, 2026. Under the
Crypto exchange OKX has recently announced its selection of Malta as its Market in Crypto-Assets (MiCA) hub. This move was made in order to better serve the 450 million residents of the European Union. By choosing Malta, OKX aims to provide services that comply with local regulations while also ensuring seamless deposit and withdrawal connectivity
The German government recently made headlines for selling off all of its Bitcoin holdings in just two weeks. The reason behind this massive Bitcoin dump was revealed in a statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. The sale, which began on June 19, 2024, and concluded on July
In a recent forecast by Joe Burnett, Senior Product Marketing Manager at Unchained Capital, a compelling case was made for Bitcoin reaching a valuation of $750,000. Burnett highlighted the tendency of the market to underestimate Bitcoin’s potential in the current cycle. He pointed out that many analysts make the mistake of comparing Bitcoin’s performance in
With the highly anticipated launch of spot Ethereum ETFs on the horizon, industry experts are weighing in on the potential impact these ETFs could have on the price of Ethereum. Matt Hougan, Chief Investment Officer of Bitwise, is among those who believe that the introduction of spot Ethereum ETFs could drive the price of Ethereum
Bitcoin developer Samson Mow has been vocal about his bullish prediction that Bitcoin will eventually reach $1 million. Despite some skepticism in the market, Mow has confidently stated that this milestone will be achieved within a year. His reasoning behind this ambitious target is based on the simple economics of supply and demand. Mow believes
In the midst of a market recovery, XRP has emerged as one of the top-performing crypto assets. With a significant gain of over 40% in the past week, XRP has shown a remarkable comeback, reaching a price level of $0.62, last seen in March. This surge has sparked investor confidence and led to heightened trading
Cardano (ADA) has experienced a significant decline in developer interest and activity recently. According to DeFi Llama, the number of monthly developer commits has dropped from 3,380 in May to 3,300 in June, and currently stands at less than 2,000 this month. This indicates a lack of enthusiasm and innovation within the Cardano ecosystem, leading
