A naukri.com initiative
Cryptocurrency News
TheNewsCrypto
1w
367
Image Credit: TheNewsCrypto
El Salvador Refuses to Halt Bitcoin Accumulation Under IMF Deal
- El Salvador's President Nayib Bukele confirms that the country will continue accumulating Bitcoin, despite IMF restrictions.
- The recent IMF agreement suggests that El Salvador should halt voluntary Bitcoin purchases and impose restrictions on Bitcoin-related activities.
- Bukele dismisses the IMF's requirements and states that the Bitcoin accumulation will not stop, as El Salvador adds another Bitcoin to its national reserves, bringing the total to 6,101 BTC.
- Although the IMF's conditions enforce limitations on Bitcoin activities, El Salvador remains committed to its accumulation strategy, receiving support from Bitcoin supporters.
Read Full Article
22 Likes
NullTX
1w
109
Image Credit: NullTX
Volatility Soars as Market Sentiment Hits Highs Not Seen Since the 2020 Crash
- The Volatility Index, $VIX, has spiked to levels not seen since the 2020 stock market crash, reflecting a period of heightened market stress and uncertainty.
- Factors such as rising interest rates, corporate profit pressures, and geopolitical tensions are driving market volatility and investor anxiety.
- The current market environment is characterized by rapid and substantial fluctuations, with both equity and bond markets experiencing unprecedented swings.
- Volatility in markets is attributed to a combination of factors, including increased geopolitical tensions, economic concerns, and political uncertainties.
- Geopolitical events like the conflict in Ukraine and economic indicators like inflation rates are contributing to the market's unpredictability.
- Market sentiment is polarized, with investors holding extreme bullish or bearish positions, leading to a volatile trading environment.
- The Federal Reserve's actions regarding interest rates and inflation are crucial factors influencing market stability and volatility.
- The unprecedented market swings and rapid changes in market capitalization highlight the current atmosphere of instability and unpredictability for investors.
- The future outlook remains uncertain, with concerns about how factors like inflation, interest rates, and geopolitical events will continue to impact market volatility.
- Overall, the article highlights the growing concerns and complexities within financial markets, urging investors to stay informed and cautious in their decisions.
Read Full Article
6 Likes
TronWeekly
1w
240
Image Credit: TronWeekly
Metaplanet’s Bold Bitcoin Bet Pays Off as Stock Soars 20% After $43.9M Buy
- Japanese investment firm, Metaplanet, has acquired 497 Bitcoin for $43.9 million, causing its stock price to jump 20% to ¥4,045.
- Metaplanet now holds a total of 2,888 BTC, making it the largest corporate Bitcoin holder in Asia.
- Bitcoin rose 4.40% to $87,592 after the news, but remains below its 20-day moving average.
- Metaplanet's aggressive accumulation strategy reflects the growing trend of corporate investment in digital assets, highlighting a shift in how businesses perceive Bitcoin's role in financial markets.
Read Full Article
14 Likes
Crypto-News-Flash
1w
211
Image Credit: Crypto-News-Flash
VeChain Secures New US Patent for Blockchain-Based Property Transfers
- VeChain (VET) secures another US patent for blockchain-based property transfers.
- The patent covers property right confirmation and transfer methods and systems.
- VeChain aims to address challenges of proving property ownership using blockchain technology.
- Analysts predict VET could reach $1 based on previous market cycles.
Read Full Article
12 Likes
Cryptopotato
1w
8
Image Credit: Cryptopotato
Why is the Cardano (ADA) Price Up Today?
- Cardano (ADA) experienced extreme price swings, surging by nearly 20% in the past 24 hours.
- Bullish momentum could be attributed to the potential listing of ADA on the Gemini exchange.
- The overall revival of the cryptocurrency sector and a possible dedicated spot ETF launch for ADA in the US also contribute to the price surge.
- Grayscale's filing and the regulatory review process signify a 70% chance of the ETF going live this year.
Read Full Article
Like
99Bitcoins
1w
350
Bitcoin Faces Resistance at $94K After Failed Breakout, Says Bitfinex
- Bitcoin may face a tougher climb towards $94,000 after failing to reclaim that price level.
- Analysts at Bitfinex warn of significant resistance to any recovery towards $94,000.
- The unsuccessful push was triggered by heightened volatility due to US President Donald Trump's pledge to build a crypto reserve.
- Market sentiment remains divided on whether the recent dip marks a downtrend continuation or a new upward leg.
Read Full Article
21 Likes
99Bitcoins
1w
189
Blockstream Secures Multibillion-Dollar Investment To Launch Bitcoin Lending Funds
- Blockstream secures a multibillion-dollar investment to launch three institutional funds, two of which will offer Bitcoin lending capabilities.
- Blockstream's institutional Bitcoin offerings will go live on April 1, with external capital acceptance starting on July 1.
- The new products will include Bitcoin-backed lending and institutional financing, providing borrowing options without selling Bitcoin, and hedge fund strategies for Bitcoin exposure.
- Blockstream joins other major crypto asset managers in offering diverse digital asset investment products.
Read Full Article
11 Likes
TronWeekly
1w
60
Image Credit: TronWeekly
New Trump Announcement Ignites Excitement on Dogwifhat, TRUMP, and FXGuys ($FXG) Presale
- Donald Trump's announcement on Truth Social about his Strategic Crypto Reserve names coins like BTC, ETH, SOL, XRP, and ADA, causing a market surge with FXGuys ($FXG), Dogwifhat (WIF), and TRUMP leading.
- FXGuys emerges as the top gainer post-Trump's announcement due to its long-term utility and perks like same-day payouts and unlimited withdrawals, offering more promise than WIF and TRUMP.
- The FXGuys platform provides traders with attractive terms, including an 80/20 profit split, access to up to $500,000 in funds for funded traders, and rewards through programs like Trade2Earn and staking.
- Dogwifhat's price surged to $0.75, a 23.98% increase post-Trump's announcement, displaying positive movement and potential for further growth.
- TRUMP coin saw an 11% surge post-Trump's announcement, with experts predicting a potential rise to $25 by year-end, indicating a significant positive shift in investor sentiment.
- Joining the $FXG presale at $0.05 offers the opportunity for substantial gains, as experts project a 100x price increase by Q2 of 2025, making it a promising investment alongside Trump's crypto initiatives.
- Investing in FXGuys now during Stage 3 of the public presale before the price increases to $0.10 presents a strategic move to capitalize on the potential market rally post-launch with Trump's support.
- FXGuys' advancing features and anticipated growth align well with the optimistic outlook for $FXG's future performance driven by Trump's involvement in the crypto space.
- For those seeking to leverage the crypto market in 2025, participating in the $FXG presale is highlighted as a significant opportunity to benefit from the upward potential of the coin.
- The $FXG presale offers early investors the advantage of securing tokens at a lower price before a projected substantial price increase in the future, positioning it as an attractive investment choice.
Read Full Article
3 Likes
TronWeekly
1w
227
Image Credit: TronWeekly
Aave Cryptocurrency Establishes Finance Committee, Eyes Massive $65M Reclaim
- Aave cryptocurrency has proposed a comprehensive 'Aavenomics' update.
- The proposal includes the establishment of the Aave Finance Committee and deprecating the LEND token, reclaiming $65 million for the ecosystem reserve.
- Following the announcement, AAVE token price surged 7.8%, reflecting increased investor confidence.
- The proposal is currently open for community feedback before moving to a formal on-chain governance proposal.
Read Full Article
13 Likes
Crypto-News-Flash
1w
396
Image Credit: Crypto-News-Flash
IMF Wants El Salvador to Halt Bitcoin Buys—Bukele Says No
- El Salvador's President Nayib Bukele is determined to continue with Bitcoin purchases despite IMF's concerns.
- IMF has repeatedly urged El Salvador to reconsider its Bitcoin initiatives, citing risks to financial stability.
- Bukele responded defiantly, stating that the Bitcoin purchases will not stop and showing the country's increasing Bitcoin holdings.
- El Salvador has secured a $1.4 billion deal with IMF, with the first installment set for release at the end of March.
Read Full Article
23 Likes
Blockonomi
1w
308
Image Credit: Blockonomi
Nasdaq Files Form 19b-4 to List and Trade Hedera HBAR ETF from Grayscale
- Nasdaq has filed a Form 19b-4 with the SEC to list and trade the Grayscale Hedera Trust ETF.
- Grayscale is the second asset manager seeking regulatory approval to offer an investment product that holds Hedera's native cryptocurrency, HBAR.
- Canary Capital has also filed an S-1 with the SEC for their Canary HBAR ETF, expected to trade on Nasdaq.
- Grayscale has been active in pursuing investment products tied to major cryptocurrencies beyond Bitcoin and Ethereum.
Read Full Article
18 Likes
Blockonomi
1w
249
Image Credit: Blockonomi
Coinbase CEO Favors Bitcoin-only US Crypto Reserve
- Brian Armstrong, CEO of Coinbase, supports the idea of a U.S. Crypto Reserve but suggests it should only hold Bitcoin due to its simplicity and long-term value.
- Armstrong favors Bitcoin as it has a clear story as a successor to gold and is widely regarded as digital gold by investors.
- A market cap weighted index of crypto assets is suggested by Armstrong for those seeking greater variety, but he reiterates the Bitcoin-only option is the easiest.
- President Trump's proposed U.S. Crypto Reserve includes Bitcoin, Ethereum, XRP, Solana, and Cardano, which has sparked controversy among the crypto community.
Read Full Article
14 Likes
Crypto-News-Flash
1w
59
Image Credit: Crypto-News-Flash
Belarus President: “We Have Excess Electricity”—Time for More Crypto Mining
- Belarus is leveraging its surplus electricity to attract local and international crypto miners.
- President Alexander Lukashenko has directed the energy minister to explore the development of the crypto mining sector.
- Belarus has become a global leader in nuclear energy utilization, supplying around 40% of the country's electricity needs.
- The country offers incentives and tax exemptions for crypto-related activities, making it an attractive destination for global mining operations.
Read Full Article
3 Likes
Cryptoticker
1w
219
Image Credit: Cryptoticker
Will Chainlink Price Drop Below $10 or Is a Reversal Coming?
- Chainlink (LINK) has experienced a notable decline with concerns about a potential drop below $10 or a reversal.
- The downtrend in LINK's price, forming lower highs and lower lows, suggests continued volatility and potential further downside.
- Key support levels to watch are $12-$13, with a potential break below leading to a target of $10 or lower.
- Early signs of stabilization include RSI nearing the oversold zone and the slowing down of the bearish trend, but a true reversal requires a break above $17-$18.
Read Full Article
13 Likes
Crypto-News-Flash
1w
227
Image Credit: Crypto-News-Flash
Bifrost Expands BTCFi in Japan With FAJ Membership
- Bifrost Network joins FAJ to expand BTCFi in Japan, collaborating with major fintech players like SBI, PayPal, and Sumitomo Mitsui.
- The entrance of Bifrost into the FAJ strengthens ties with fintech leaders and opens doors for improved infrastructure and general acceptability of BTCFi in Japan.
- Nansen joins as a validator node for Bifrost Network, enhancing the network's reliability, transparency, and security.
- Japan holds potential for BTCFi innovation and is showing flexibility in supporting the growth of stablecoins and other cryptocurrencies, making it a promising market for Bifrost.
Read Full Article
13 Likes
For uninterrupted reading, download the app