Bitcoin

Zimbabwe Launches National Meme Coin $RZ to Pioneer Financial Sovereignty in AfricaHistoric Crypto Initiative Aims to Integrate Nation into Global Markets

February 11, 2025 2 mins read

February 10, 2025 – Harare, Zimbabwe – The Republic of Zimbabwe has unveiled $RZ (Republic of Zimbabwe Meme), a state-endorsed decentralized cryptocurrency designed to empower citizens and position the nation as a leader in digital financial innovation. Slated for a fair launch on February 11, 2025, via the pump.fun platform, the initiative marks Zimbabwe’s first government-backed entry into the global cryptocurrency arena. Key Objectives Presidential Endorsement President Emmerson Mnangagwa emphasized the strategic vision:“Cryptocurrencies

Holonym foundation Acquires Gitcoin Passport

February 11, 2025 1 min read

The Holonym Foundation has acquired Gitcoin Passport to create a leading Proof of Humanity solution. This move will allow Human.tech to distribute 34.5 million zero-knowledge (ZK) credentials to Gitcoin Passport’s 2 million users. This is expected to produce over three times the identity proofs of Worldcoin. With this acquisition, Holonym Foundation aims to become a leader in Sybil detection and privacy-focused on-chain reputation. They plan to merge their Human Key

MAGACOINOFFICIAL.COM vs. XRP and SOLANA—Which Will Come Out on Top?

February 11, 2025 3 mins read

Introduction Bitcoin (BTC) has long been the yardstick of success in the crypto market, but the evolving landscape highlights opportunities for newer players. XRP and Solana (SOL), with their impressive ecosystems, are still favorites among seasoned investors. Now, OFFICIALMAGACOIN emerges as the next big thing, gaining momentum and attracting attention from crypto holders of all stripes. With its rapidly growing presale success and exclusivity, the question is clear: Will OFFICIALMAGACOIN

BlockDAG’s FINALCALL700 Witness Whale Action – Cardano Price Drops & Solana See Liquidations 

February 11, 2025 4 mins read

Significant movements have marked the landscape for some top crypto assets, featuring both downturns and potential gains. The Cardano (ADA) price drop has deepened, plummeting 18% in one day and over 30% this month due to increasing bearish trends. Concurrently, Solana (SOL) crypto liquidations have escalated, erasing $2 billion from the market. While certain assets falter, crypto whales are flocking to BlockDAG (BDAG), attracted by its FINALCALL700 bonus and positive

Tether CEO warns quantum computing could expose inactive Bitcoin wallets

February 10, 2025 2 mins read

Tether CEO Paolo Ardoino has reassured the crypto community that quantum computing is not an immediate threat to Bitcoin’s security. He acknowledged, however, that inactive Bitcoin wallets, including those belonging to Satoshi Nakamoto, could become vulnerable as quantum technology progresses. This statement comes after Google announced that commercial quantum computing applications might be available within five years. In a post on X, Ardoino emphasized that Bitcoin’s cryptographic security is currently

Hong Kong now accepts Bitcoin and Ethereum as proof of asset

February 10, 2025 1 min read

Hong Kong has taken a significant step by officially recognizing Bitcoin and Ethereum as valid proof of assets for investment immigration applications. This change signals the region’s growing acceptance of digital finance. Reports indicate that at least two applicants have successfully used their crypto holdings to meet the HK$30 million (approximately $3.8 million) requirement for investment immigration. This development shows Hong Kong’s increasing openness to cryptocurrencies within its financial and

The University of Austin plans a $5M Bitcoin fund

February 10, 2025 2 mins read

The University of Austin is making a significant move by investing $5 million of its $200 million endowment fund into Bitcoin. This decision reflects a broader trend among U.S. universities that are starting to embrace crypto as a viable investment option. The University of Austin, which was established just a year ago, is the first in the nation to create a dedicated Bitcoin endowment fund. Chad Thevenot, the university’s senior

Four major U.S. economic reports this week could impact Bitcoin

February 10, 2025 2 mins read

This week, the crypto market is focused on four important U.S. economic reports that could affect Bitcoin and other digital currencies. These reports, starting on Wednesday, may influence the Federal Reserve’s decisions and overall market mood. The link between U.S. economic events and crypto markets is becoming clearer after a quiet year. The Consumer Price Index (CPI) for January will be released on Wednesday. December’s inflation report showed a slight

FTX emails creditors under $50,000 about fund distributions

February 10, 2025 1 min read

FTX has begun notifying creditors with claims under $50,000 about their fund allocation. They have emailed these creditors to explain the next steps for receiving payments. Sunil, a representative for FTX creditors, shared this news on X. Payments will not come directly from FTX. Instead, creditors must sign up with BitGo or Kraken, which are the chosen distribution service providers. FTX has already sent the first batch of funds to

MicroStrategy hints at a new Bitcoin purchase

February 10, 2025 1 min read

Michael Saylor, co-founder of Strategy, recently hinted at a possible return to Bitcoin acquisitions after a brief pause. He shared a Bitcoin tracker on X, as Bitcoin’s price showed some fluctuations. Earlier today, it dipped below $96,000 but later rose above $96,500, according to CoinGecko. Strategy, previously known as MicroStrategy, currently owns 471,107 Bitcoin, valued at over $45 billion. The last time they bought Bitcoin was on January 26, when

Kentucky joins as the 16th US state to propose establishing a Bitcoin reserve

February 9, 2025 1 min read

Kentucky and Missouri are the latest states in the U.S. to propose laws for Bitcoin reserves. This trend shows that more state governments are interested in adopting digital assets. In Kentucky, a bill called KY HB376 was introduced by State Representative Theodore Joseph Roberts on February 6. This bill would let the State Investment Commission invest up to 10% of excess state reserves into digital assets like Bitcoin. To qualify,

Florida proposes a bill to invest state funds in Bitcoin

February 8, 2025 1 min read

Florida Senator Joe Gruters has introduced a bill to include Bitcoin in the state’s investment strategy. If approved, the state could invest up to 10% of its public funds in Bitcoin. This move aligns Florida with other states like Texas, Wyoming, and Ohio, which are also exploring Bitcoin as a financial reserve. Senator Gruters believes Bitcoin can help protect against inflation and stabilize Florida’s finances. He stated, “The state should