Trend Digest – Your Reliable Guide to Cryptocurrency News
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Bitcoin is struggling at the $103K price level after failing to break above its all-time high of $109K. BlackRock CEO Larry Fink predicted that Bitcoin could reach $700K if fears of economic instability increases. Sovereign Wealth Funds are considering allocation of 2-5% of their capital for buy Bitcoin, Fink said. As the pro-crypto administration of…
The working group chaired by David Sacks sets 180-day deadline for agencies to review and recommend updates to crypto regulations and policies. The move follows accusations of Operation Choke Point 2.0, where regulators allegedly pressured banks to restrict services to crypto firms. The executive order explicitly prohibits CBDC development while promoting dollar-backed stablecoins, signaling shift…
Nation’s dual approach balances traditional financing through IMF’s Extended Fund Facility while maintaining aggressive Bitcoin acquisition strategy. Strategic timing of Bitcoin purchase demonstrates El Salvador’s independence in monetary policy despite international financial pressures. Argentina shows potential for following El Salvador’s lead, with major corporations already holding significant Bitcoin reserves collectively. El Salvador has once again…
The Vivident’s leadership team has robust experience in the gaming industry with an unwavering zeal to build AI generative entertainment solutions. The launch of the MoeLive protocol will involve a simultaneous release in South Korea, Japan, and the United States by the end of the year. , a Singapore-based startup focused on developing AI-powered character…
Metaplanet has attracted MicroStrategy’s institutional investors in the recent past to bolster its Bitcoin strategy. The rising demand for Bitcoin has helped reduce the overall supply on CEXes amid the ongoing macro bull rally. The palatable success story of (NASDAQ: MSTR) through the Bitcoin (BTC) strategy has significantly influenced Japan’s Metaplanet Inc. (Tokyo: 3350). Simon…
Crypto analysts, including Benjamin Cowen, foresee a potential spike in Bitcoin dominance above 60%. However, he noted that BTC.D could be heading lower after that paving the way for relief bounces in altcoin-to-Bitcoin pairs. Analyst Captain Faibik predicts the end of the current altcoin correction phase, setting the stage for a bullish wave with a…
Scott Bessent has as been appointed as the new Treasury Secretary. In the position, he will lead efforts to shape US crypto policies within six months. In a move that has turned out to be yet another interesting update for the crypto industry, Scott Bessent was recently confirmed by the US Senate as the new…
Bitcoin price could be evolving to a macro consolidation structure amid rising possibilities of a sell-the-news event following Trump’s inauguration. Whale investors have continued to relentlessly accumulate more BTC despite the short-term volatility and market uncertainties. After rallying to a new all-time high (ATH) of about $109K on Monday during the 2nd inauguration of pro-crypto…
Chen donated millions of MIRA to President Trump. He also pledged an additional 100M MIRA pending DAO approval. The philanthropic tendencies of the CEO of the financial startup, Runway, Siqi Chen, may have recently come to public attention. This follows after he took to his official X account to share details of a recent donation…
Frax Finance proposes a $5 million investment in Trump-aligned DeFi platform WLFI. The partnership aims to integrate frxUSD into WLFI’s ecosystem, boosting adoption. The proposal has sparked both support and criticism within the crypto community. Renowned DeFi protocol Frax Finance has a $5 million investment in World Liberty Financial (WLFI), a decentralized finance platform tied…