BTC

El Salvador’s opposition warns that Bukele’s Bitcoin purchases defy the IMF deal

March 15, 2025 2 mins read

El Salvador’s opposition party, ARENA, is expressing serious concerns about President Nayib Bukele‘s ongoing Bitcoin purchases. They warn that these actions could threaten a $1.4 billion loan agreement with the International Monetary Fund (IMF). Despite the opposition’s warnings, Bukele shows no signs of stopping the country’s Bitcoin acquisitions. Since Bitcoin became legal tender in El Salvador, the government has increased its Bitcoin holdings significantly. Bukele claims this strategy will enhance

Do Trump’s Canada Tariffs Threaten Crypto Market Stability?

March 14, 2025 2 mins read

President Trump has announced new tariffs on Canadian steel and aluminum, raising concerns about market volatility. This move could worsen the already uncertain crypto industry, which is facing bearish trends due to economic instability. Although the tariffs may not be enforced or could be reversed, the uncertainty is alarming. This announcement follows rising tensions between the U.S. and Canada. Trump has even suggested that the U.S. should annex Canada, which

Arkham’s new KOL Label tracks crypto influencers’ wallets

March 12, 2025 1 min read

Arkham Intelligence has launched a new tool to track the wallets of major crypto influencers. This tool, called the Key Opinion Leader (KOL) Label, focuses on influencers with over 100,000 followers on X (formerly Twitter). It aims to show whether these influencers genuinely support the projects they promote or if they are just involved in paid promotions. This comes at a time when meme coins are becoming popular, even though

Michael Saylor proposes the US acquire up to 25% of Bitcoin’s supply

March 10, 2025 1 min read

Michael Saylor recently proposed that the US government should buy between 5% and 25% of Bitcoin’s total supply. He shared this idea at the White House Crypto Summit, aiming to make the US a leader in the digital economy. Saylor’s plan involves the government purchasing Bitcoin daily from 2025 to 2035. By then, most Bitcoins will have been mined. He believes this strategy could create between $16 trillion and $81

FIFA to develop its own token

March 10, 2025 1 min read

FIFA President Gianni Infantino has suggested that FIFA might create its own cryptocurrency. This idea was shared after President Donald Trump’s Crypto Summit on March 7. Infantino expressed strong interest in developing a FIFA coin, aiming to connect with the 5 billion football fans worldwide. He stated, “If there is anyone here who wants to cooperate with FIFA, we are here with the United States, and we will conquer the

Bitcoin (BTC) back to $80K

March 10, 2025 1 min read

On another Sunday, the cryptocurrency market is experiencing a selloff. Bitcoin (BTC) is struggling and is close to its 2025 low of around $78,000. Bitcoin dropped to $80,000, a 7% decrease in the last 24 hours. It slightly recovered to $80,700 later. Other cryptocurrencies like Ether (ETH), Solana (SOL), and XRP also saw similar declines, while Cardano (ADA) and Dogecoin (DOGE) fell by nearly 12%. In a Fox News interview,

The White House Official X account promotes Bitcoin

March 9, 2025 1 min read

A surprising post about Bitcoin was shared on the White House’s official X account on a Saturday night. The post declared, “America as the world’s Bitcoin superpower,” echoing a slogan from the Trump administration, “America’s golden age has begun.” It included a photo of former President Donald Trump signing the Bitcoin Strategic Reserve Executive Order alongside David Sacks, the US cryptocurrency and artificial intelligence chief. This unexpected post did not

Over $3 billion in Bitcoin and Ethereum options set to expire today

March 7, 2025 1 min read

Today, over $3 billion in Bitcoin and Ethereum options are set to expire, leading to expected market volatility. Bitcoin’s key “max pain” level is at $89,000, while Ethereum’s is at $2,300. The expiration of these options is causing significant price fluctuations. Bitcoin has about $2.5 billion in contracts expiring, and Ethereum has around $500 million. This event, happening at 8:00 UTC on Deribit, is likely to create wild movements in

Falcon Finance Enhances Asset Security with Fireblocks Off Exchange

March 7, 2025 3 mins read

Falcon Finance, the next-generation synthetic dollar protocol, today announced that it has integrated Fireblocks Off Exchange, significantly enhancing the security framework for all user assets. Unlike custodial solutions that transfer counterparty risk to centralised clearing parties, Fireblocks Off Exchange takes a technology-first approach, enabling Falcon Finance’s clients to mitigate all forms of exchange counterparty risk by programmatically locking funds in secure MPC-based shared wallets. All trading activities utilise mirrored positions

Singapore’s Interior Minister warns citizens against crypto due to rising scams

March 7, 2025 2 mins read

Singapore’s Interior Minister, Sun Xueling, has warned citizens to avoid cryptocurrencies due to increasing scams and fraud risks. During a budget hearing, she highlighted the rise in crypto-related fraud, which accounted for a quarter of the country’s total fraud losses last year. Sun expressed concern that victims often struggle to recover their lost money. This warning shows a shift in the government’s attitude towards crypto despite Singapore’s previous reputation as

President Trump signs an executive order to establish a Strategic Bitcoin Reserve

March 7, 2025 1 min read

President Donald Trump has signed an Executive Order to create a Strategic Bitcoin Reserve. This reserve will use Bitcoin obtained from federal criminal and civil asset forfeitures. David Sacks, who is in charge of AI and crypto for Trump, shared this news on X. The Executive Order comes just before the first-ever White House Crypto Summit, happening in less than two days. Reports say that Trump wants to keep Bitcoin

Bitcoin Reserve Bill SB21 Passes in Texas Senate

March 7, 2025 2 mins read

On March 6, 2025, the Texas Senate passed the Bitcoin Reserve Bill SB21. This bill allows Texas to hold Bitcoin as part of its financial reserves. It received strong support from lawmakers who favor cryptocurrency. This decision is a big step towards using digital assets in state finances. With SB21, Texas becomes a leader in Bitcoin adoption. The state can now invest some of its reserve funds in Bitcoin. This