Bitcoin Archives

President Trump’s new order launches a U.S. sovereign wealth fund

February 6, 2025 1 min read

President Donald Trump has signed an executive order to create a sovereign wealth fund, exciting Bitcoin supporters. This order instructs the Treasury and Commerce Departments to devise a plan within 90 days. The fund aims to enhance financial security, lower taxes, and boost the US economy. Sovereign wealth funds are government-managed investment funds that handle surplus money, often from trade or resource revenues. They invest in various assets like stocks,

Coinbase urges US regulators to confirm banks can offer crypto services

February 6, 2025 2 mins read

Coinbase is urging US regulators to allow banks to offer cryptocurrency services. As the largest custodian for US-based spot Bitcoin ETFs, Coinbase wants state-chartered banks to provide and outsource crypto custody and execution services. They are asking regulators to confirm that banks can legally serve crypto businesses. In a letter to the Office of the Comptroller of the Currency (OCC), the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC),

Missed Shiba Inu’s Early Days? Arctic Pablo Coin Presale at Frostburg Could Be the Next Big Win

February 6, 2025 5 mins read

The crypto world has always rewarded early believers, turning modest investments into life-changing fortunes. A prime example is Shiba Inu, a meme coin that defied expectations and skyrocketed in value. Those who got in early are now sitting on massive gains. But for those who missed out, the ongoing Arctic Pablo Coin presale offers a rare second chance. With Arctic Pablo Coin now at Frostburg, the 9th phase of its

Crypto inflows fell to $527 million as DeepSeek AI hype drained liquidity

February 5, 2025 2 mins read

Last week, crypto inflows dropped significantly to $527 million. This was a sharp decline from the nearly $2 billion seen in previous weeks. The drop was mainly due to the hype surrounding DeepSeek AI, which affected liquidity in both digital assets and stock markets. According to a recent CoinShares report, investor sentiment took a hit from DeepSeek’s rise. While there were still positive inflows in digital assets, they were much

Bybit CEO Ben Zhou warns crypto liquidations may have hit $10 billion after US tariffs

February 5, 2025 2 mins read

Ben Zhou, the CEO of Bybit, has raised concerns about the state of the crypto market. He estimates that liquidations could reach between $8-10 billion, which is much higher than the reported figures. Zhou explained that major exchanges, including Bybit, limit the liquidation data shared publicly. This means that actual losses are likely much worse than they seem. He compared the current situation to the 2022 collapse of FTX, where

Utah to become the first state in the US to establish a Bitcoin reserve

February 5, 2025 2 mins read

Utah is poised to become the first state in the U.S. to create a Bitcoin reserve. The state has a quick 45-day legislative calendar, which encourages lawmakers to act fast. This gives Utah an advantage over other states in adopting Bitcoin. Dennis Porter, CEO of the Satoshi Action Fund, believes Utah is leading in this effort. He highlights the state’s digital asset task force, which works year-round. This task force

ZIGChain Launches Testnet, Expanding Its Investment-Focused Blockchain Infrastructure

February 5, 2025 2 mins read

ZIGChain today announced the launch of its Testnet for its Layer 1 blockchain designed to enhance accessibility in decentralized finance. The launch comes with confirmed ecosystem partnerships and day-one TVL that solve the traditional cold start challenge faced by new networks. Building on Zignaly’s experience in social investing since 2018, ZIGChain introduces a module designed to expand access to advanced investment strategies. The blockchain integrates with Zignaly’s existing network of over

MicroStrategy ends its 12-week Bitcoin buying streak

February 5, 2025 1 min read

MicroStrategy has paused its Bitcoin purchases after a 12-week buying spree, surprising many in the crypto world. The company holds a vast amount of Bitcoin worth billions, but it did not add to its holdings this week. Michael Saylor, the CEO, confirmed this pause and noted that they did not sell any Class A common stock or use the proceeds to buy more Bitcoin. This change raises questions about the

$The trade dispute between the US and China has intensified, causing uncertainty in global markets, including cryptocurrencies. China has imposed new tariffs ranging from 10% to 15% on US goods, raising concerns among investors. However, analysts suggest that the actual impact of these tariffs may be overstated. China's tariffs include a 10% tax on US crude oil and farm equipment and a 15% tax on coal and liquefied natural gas (LNG). Although this news initially unsettled the market, experts point out that these goods make up a small fraction of China's total imports from the US. In fact, the US only supplies about 6% of China's LNG and coal, limiting the direct effects of the tariffs. Despite a significant market drop on Monday, which erased billions in value, some analysts view Bitcoin as a safe haven against geopolitical instability. Many investors believe that Bitcoin thrives during economic uncertainty and inflation. Financial expert Robert Kiyosaki sees the recent price drop as a chance to buy, reinforcing Bitcoin's reputation as a reliable store of value during crises. The ongoing trade tensions have also impacted Ethereum, with predictions of a potential price decline if the situation worsens. Nevertheless, long-term investors remain hopeful. Strategic traders see market fluctuations as opportunities rather than reasons to panic. In a contrasting development, a temporary agreement between the US, Canada, and Mexico has eased some investor worries. The US has delayed tariffs on goods from Canada and Mexico for 30 days in exchange for stricter border controls.$

China’s new tariffs on US goods shake markets

February 5, 2025 1 min read

The trade dispute between the US and China has intensified, causing uncertainty in global markets, including cryptocurrencies. China has imposed new tariffs ranging from 10% to 15% on US goods, raising concerns among investors. However, analysts suggest that the actual impact of these tariffs may be overstated. China’s tariffs include a 10% tax on US crude oil and farm equipment and a 15% tax on coal and liquefied natural gas

ChainGPT and Binance Pay Join Forces on Rewards Giveaway

February 4, 2025 5 mins read

ChainGPT, a pioneer in blockchain AI solutions is delighted to announce its collaboration with Binance Pay, a secure and seamless cryptocurrency payment solution designed by Binance,. Kickstarting on February 1, 2025 this collaboration integrates CGPT into Binance Pay, expanding its usability while offering Binance Pay users additional token utility through a seamless integration into Binance Pay’s payment infrastructure and new campaigns. The partnership will explore impactful campaigns to strengthen CGPT’s adoption

FXGuys stands out among the low-cap altcoins to buy now that could yield huge returns in 2025. This is not unsurprising given that its investment models like the Trade2Earn model

7 Low-Cap Altcoins To Buy Now For Huge Returns In 2025

February 4, 2025 5 mins read

Altcoins with the most potential that can bring the kind of returns that investors dream of are what they are always on the lookout for in the crypto market. But most times they get confused because there are so many cryptocurrencies out there. That being said, 7 low-cap altcoins expected to give massive returns in 2025 have been carefully chosen to make your dreams come through. These tokens include; Ripple

El Salvador adds 50 BTC to its reserves

February 4, 2025 1 min read

El Salvador has recently added 50 BTC to its reserves, continuing its strategy of accumulating Bitcoin. This brings the total to about 6,055 BTC, worth over $606 million. The country is committed to Bitcoin despite making changes to its regulations to meet the International Monetary Fund’s (IMF) requirements for a $1.4 billion loan. Since making Bitcoin legal tender in 2021, El Salvador has steadily increased its Bitcoin holdings. However, to