The Syrian Center for Economic Research (SCER), a non-governmental think-tank, is considering legalising Bitcoin to recover its beleaguered economy. Per the World Bank, the Syrian economy has shrunk by over 60% since 2010, and the Syrian pound has crashed. Further,…
A new proposal to constitutionally require the Swiss National Bank (SNB) to hold Bitcoin as part of its monetary reserves has been initiated by the Swiss federal chancellery. The proposal, led by Giw Zanganeh, Tether’s vice president of Energy and…
Spot Bitcoin exchange-traded funds (ETFs) in the United States faced substantial outflows on December 30, as Bitcoin’s price remained below $93,000. According to SoSoValue data, the 12 spot Bitcoin ETFs recorded $426.13 million in outflows on the day, extending a…
XRP is currently trading at $2.37, having declined by 3.7% in the last 24 hours. Its market capitalization stands at $136 billion, with a daily trading volume of $4.58 billion. The price fluctuated between $2.34 and $2.46 over the past…
MicroStrategy (MSTR) shares fell below $300 during after-hours trading on Monday, marking a significant 46% decline from their all-time high in November. The drop comes amid growing concerns over the company’s ambitious $42 billion funding strategy, which heavily relies on…
BlackRock’s iShares Bitcoin Trust (IBIT) product has outperformed the asset manager’s other 1,400 exchange-traded funds (ETFs) this