On December 31, a notable proposal emerged from the Swiss Federal Chancellery advocating for the Swiss National Bank (SNB) to include Bitcoin in its reserve assets. Spearheaded by a coalition of ten Bitcoin enthusiasts, this initiative aims to modify the Swiss Federal Constitution and align the country more closely with the evolving landscape of digital
Throughout the history of Bitcoin, certain trends and seasonal patterns have characterized its market behavior, especially during the final quarters of halving years. Traditionally, a positive seasonality has emerged, driven predominantly by increasing investor demand. However, this year, that momentum appears to be faltering, as evidenced by recent market activity. The price of Bitcoin has
In a notable advancement for the cryptocurrency ecosystem, Binance has recently acquired regulatory approval from Brazil’s Central Bank to purchase Sim;paul, a licensed broker-dealer. This significant development positions Binance as the first crypto exchange in Brazil to obtain such a license, marking a pivotal step in its operational strategy not only locally but across Latin
The gaming world is on the verge of a significant transformation as we approach early 2025, primarily driven by the rise of Web3 technologies. This new era in gaming not only promises heightened interactivity and engagement but also asserts players’ rights by giving them true ownership of their digital assets through blockchain technology and non-fungible
The landscape of digital assets within the European Union has undergone a significant transformation with the introduction of the Markets in Crypto-Assets (MiCA) regulation. This sweeping framework marks a fundamental shift in the approach to overseeing digital currencies and their associated services across member states. In this article, we delve into the implications of MiCA
Shiba Inu (SHIB) has made headlines in the cryptocurrency space, capturing the attention of investors and traders alike. Originally conceived as a joke, this meme coin has experienced a meteoric rise in value, shedding its playful origins and transforming into a serious player within the crypto market. Its remarkable price rally has roots in a
In 2024, Ethereum has found itself in a rather stagnant position, with a meager rise of 47%. This performance starkly contrasts with Bitcoin, which has managed to conquer a new milestone, soaring over 120% to reach six figures just shy of the year’s end. Despite Ethereum’s inability to reclaim its previous position above $4,000, there
In recent months, XRP’s resurgence has caught the attention of both investors and crypto enthusiasts alike. Particularly after the recent U.S. presidential elections, the cross-border token, which operates under the Ripple blockchain, has witnessed unprecedented price movements. With the price of XRP skyrocketing from around $0.6 to nearly $3 within weeks, it beguiles the mind
In a significant act of solidarity, Vitalik Buterin, the prominent co-founder of Ethereum, has channeled his influence and resources to support the defense funds for Tornado Cash developers, Roman Storm and Alexey Pertsev. This gesture, which involved a donation of 50 ETH—an amount equivalent to approximately $170,000—underscores the increasing intersection of legal affairs and the
Recent data from CryptoQuant has unveiled an astonishing ascent in Binance’s stablecoin reserves, which have reached an unprecedented high of $31 billion. This figure is particularly remarkable when placed in the context of the reserves, which only totaled $7 billion back in June 2023. This meteoric rise of nearly five times in just six months