Day: 6 February 2025

According to a recent report by ARK Invest titled "Big Ideas 2025," stablecoin adoption surged in 2024, with transaction volumes reaching a record-breaking $15.6 trillion, surpassing the combined volumes of major players like Visa and Mastercard by notable margins—119% over Visa and 200% over Mastercard. This surge represents a five-year ...

Semler Scientific (Nasdaq: SMLR) has made a significant expansion to its bitcoin holdings, acquiring 871 bitcoins for $88.5 million between January 11 and February 3, 2025, as stated in the company's official announcement. This purchase was funded by proceeds from senior convertible notes offering and the partial monetization of its ...

Bitdeer has acquired a 101 MW site and a gas-fired power project near Fox Creek, Alberta, Canada, for a total value of $21.7 million. The site is fully licensed to build a natural gas power plant and has approval for a 99-megawatt interconnection grid with the Alberta Electric System Operator, ...

Analysts at the blockchain firm Matrixport have noted that Bitcoin has historically provided substantial buying opportunities when the Relative Strength Index (RSI) falls to around 40%. Currently, the RSI is 48%, which is still too high to signal the typical market patterns for optimal entry points. Given the ongoing uncertainty, ...

El Salvador increased its Bitcoin holdings by acquiring 12 BTC on February 4 after a market dip. The country previously bought 11 BTC for about $1.1 million at an average of $101,816 per Bitcoin and added another 1 BTC for $99,114. According to the Bitcoin Office tracker, this latest purchase ...

Tether CEO Paolo Ardoino recently released three brief videos highlighting the company's upcoming AI applications for both desktop and mobile. These innovations include an AI-powered translator, a voice assistant, and a Bitcoin wallet assistant, reflecting Tether's expanding focus on AI-driven solutions. Among these innovations, the AI Bitcoin wallet assistant stands ...

HashKey Capital has received approval from Hong Kong’s Securities and Futures Commission to offer discretionary account management services for cryptocurrencies under its Type 9 license. This allows the firm to manage investment products, including spot cryptocurrencies, derivatives, and over-the-counter trades for high-net-worth clients. Addressing investor concerns, Vivien Wong, Partner at ...

Blockchain communities are increasingly prioritizing control over digital assets and decision-making power. Web3Bay demonstrates this trend by vesting authority directly in its users with a decentralized governance structure. Unlike conventional platforms controlled by central authorities, Web3Bay allows its token holders to determine transaction fees, platform updates, and general development, ensuring ...

Spot Bitcoin exchange-traded funds (ETFs) in the United States have returned to net inflows. According to data from Farside Investors, the twelve-spot Bitcoin ETFs experienced a collective net inflow of $340.7 million on February 4. This marked a reversal from the previous day when the ETFs had faced net outflows ...