In the first quarter of 2025, South Korea witnessed significant cryptocurrency outflows totalling nearly 57 trillion won, with dollar-based stablecoins making up almost half the total. This data, sourced from the Financial Supervisory Service and revealed by Democratic Party...
Bitcoin surged to $98,933 on May 8, gaining 2.6% in just 24 hours, as investor sentiment improved following President Donald Trump’s announcement of an impending trade deal. This rally came shortly after Trump posted on Truth Social, revealing plans...
Bitcoin miners have yet to display any major signs of capitulation, with on-chain data consistently indicating a positive outlook, according to analysts at Bitfinex Alpha in a recent research report. Despite ongoing macroeconomic challenges and a 32% decline from...
Florida has officially scrapped its plans to establish a Strategic Bitcoin Reserve, bringing an abrupt halt to legislative efforts that would have permitted the state to invest public funds in Bitcoin. The Florida Senate marked both House Bill 487...
Riot Platforms announced that it sold 475 BTC in April, generating $38.8 million in proceeds. This marked the largest single-month Bitcoin liquidation in the company’s history, as revealed in Riot’s monthly production and operations update. Of the 475 BTC...
India’s Supreme Court has raised serious concerns over the country’s lack of oversight in Bitcoin trading, drawing comparisons between unregulated crypto transactions and a sophisticated form of Hawala. The observation came during a recent bail hearing in a crypto-related...
Visa has announced a major step forward in digital payments by integrating stablecoins into its network of 150 million merchants worldwide. This move enables customers to use popular stablecoins such as USDC and USDT for everyday purchases, bridging the...
El Salvador is pressing ahead with its Bitcoin strategy, continuing to accumulate the cryptocurrency despite a $1.4 billion loan agreement with the International Monetary Fund (IMF) that calls for reduced crypto purchases. Economy Minister Maria Luisa Hayem confirmed to...
South Korea's ruling People Power Party has confirmed that the trading of spot digital asset ETFs will be permitted by the end of this year, according to local media outlet Edaily. For the first time, this development will allow...
Bitcoin rebounded sharply last week, buoyed by optimistic trade comments from U.S. President Donald Trump. According to the latest crypto derivatives report from Bybit and Block Scholes, the upbeat tone on China-U.S. trade negotiations triggered a rally across both...
