On December 31, 2022, Switzerland witnessed a significant development in the realm of cryptocurrency. The Swiss Federal Chancellery registered an initiative that proposes the Swiss National Bank (SNB) to include Bitcoin in its reserves. Spearheaded by a coalition of ten Bitcoin proponents, including notable figures like Giw Zanganeh—Vice President of Energy and Mining at Tether—and
The Bitcoin market has gained a reputation for its cyclical nature, particularly during the final quarters of halving years when price rallies often occur. Traditionally, this trend has been buoyed by strong investor demand. However, recent movements in Bitcoin’s price suggest that this customary seasonality may be dissipating. Price fluctuations over the past two weeks
The gaming industry is on the brink of a revolutionary shift with the advent of Web3 gaming, expected to explode in popularity as early as the first quarter of 2025. Numerous developers are embracing blockchain technology and NFTs, creating an ecosystem where players have genuine ownership of their virtual assets like never before. This evolution
The Markets in Crypto-Assets Regulation (MiCA) is a groundbreaking framework that has officially come into effect across the European Union (EU). This regulation is set to considerably reshape the landscape of digital asset oversight by offering a centralized approach to the governance of cryptocurrencies, particularly stablecoins and tokenized assets. The rationale behind MiCA is to
In a landmark decision, Binance has received approval from Brazil’s Central Bank to acquire Sim;paul, a licensed broker-dealer. This pivotal move is particularly significant as it marks Binance as the first cryptocurrency exchange in Brazil to wield such a license. The implications of this acquisition extend beyond mere compliance; it positions Binance to enhance its
Shiba Inu (SHIB) has emerged as a notable player in the cryptocurrency market, particularly within the meme coin arena. One of the most critical factors contributing to SHIB’s price growth—recording a staggering 115% increase over the past year—has been the effective management of its circulating supply. Initially launched with a colossal total supply of one
Ethereum’s journey throughout 2024 has been characterized by subdued performance, with the cryptocurrency only managing a 47% increase year-to-date. Unlike its more volatile counterpart, Bitcoin, which experienced a remarkable surge exceeding 120% to achieve a new all-time high in mid-December, Ethereum has yet to establish a new peak above the $4,000 mark. This disparity raises
In the ever-evolving landscape of cryptocurrency, few assets have stirred as much interest and debate as XRP, Ripple’s native token. Following the recent US presidential elections, XRP has emerged as one of the standout performers in the crypto market. After a relatively subdued start to the year, trading within the range of $0.4 to $0.6,
In a remarkable display of solidarity within the cryptocurrency community, Ethereum co-founder Vitalik Buterin has made headlines by donating 50 ETH, approximately valued at $170,000, to the legal defense fund of Tornado Cash developers, Roman Storm and Alexey Pertsev. This generous contribution, reported through a post on X by the Juicebox project Free Pertsev and
The emergence of cryptocurrency as a significant player in global financial markets has triggered a myriad of regulatory challenges, particularly in the United Kingdom. As the digital asset landscape continues to evolve, the country faces increasing difficulties in managing the advertising of these financial products. With fraudulent schemes proliferating across social media platforms, regulatory authorities
