Trend Digest – Your Reliable Guide to Cryptocurrency News
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Thailand is reportedly fueling a stablecoin innovation that will involve a bond reserve. The country has a pro-crypto stance, with top leaders exploring new options. Thailand’s Bitcoin ETF market remains a key focus to mimic related moves from other regions. Thailand is allegedly exploring the viability of stablecoins that government bonds would back in its…
Bitcoin’s bull run is likely to continue, considering historical cycles and institutional demand. Altcoins and Layer-2 solutions play a big role in this trend by making crypto more scalable and accessible. 2024 was an eventful year for crypto enthusiasts and investors as the crypto market came back to life. Unlike the previous year, which was…
Ripple CEO advocates for a diversified national digital asset reserve beyond Bitcoin. He views maximalism as a harmful but declining mindset hindering crypto growth. Bitcoin advocates argue that its decentralized nature makes it the only viable reserve currency. , the CEO of Ripple, has weighed in on the ongoing discussions surrounding the US government’s consideration…
Solana is trading at $225 after a 12% decline in 24 hours. Ali Martinez predicts a 20% price breakout for the token. Technical indicators highlight mixed signals, with short-term volatility but potential for a bullish recovery. Solana has fallen below its key support level of $232, trading at around $225 as of January 27, marking…
Arizona’s SB1025 allows up to 10% of public funds to be invested in Bitcoin, co-sponsored by Wendy Rogers and Jeff Weninger. Arizona is the first state to advance Bitcoin reserve legislation through a committee, leading crypto-friendly trends nationally. Crypto lobbying efforts, including $5.9M in Arizona elections, influence growing state-level Bitcoin reserve policies. On January 27,…
In a dramatic policy shift, the SEC has revoked a crypto regulation that once shackled banks and custodians, marking a fresh start under the new administration. The controversial rule, introduced in 2022, had drawn fierce criticism from industry leaders who saw it as an unnecessary hurdle for financial institutions dealing with digital assets. Under Biden’s…
Polymarket odds of the US strategic BTC reserve jumped above 50%. Options traders expected price swings between $96K-$112K in the next few hours. The D-day for ‘s presidential inauguration is here, and the market is full of expectations for potential pro-crypto policies, including the Bitcoin Strategic Reserve (SBR). Andre Dragosch, head of research at Bitwise…
World Liberty Financial emerges as a major crypto player with $393M portfolio, including significant ETH and stETH holdings. MOVE experiences 14.32% surge following the purchase, showing strong technical indicators for continued upward momentum. Trump-related tokens gain widespread attention, with TRUMP, MAGA, and Triumph of MAGA showing remarkable market performance. World Liberty Financial Sends MOVE on…
Paradigm has donated $1.25 million to support Roman Storm’s legal defence. Storm faces up to 45 years in prison for allegedly allowing money laundering through the Tornado Cash platform. Venture capital (VC) firm Paradigm has revealed plans to lend a helping hand to Tornado Cash developer Roman Storm. As announced by Paradigm co-founder Matt Huang,…
Utah is now the second US state to advance a Strategic Bitcoin Reserve bill. The bill is awaiting approval from the state legislature and governor. The United States is becoming more familiar with the Strategic Bitcoin Reserve idea after Utah became the second state to float such a bill. This follows Arizona moving forward with…