Ripple CEO Brad Garlinghouse on Sunday credited President-elect Donald Trump’s proposals for fueling optimism in the crypto market. He noted that most of Ripple’s open roles are now based in the US, a significant shift from the past four years…
South Korea’s subtropical Jeju Island plans to woo millennial and Gen Z tourists by issuing NFT-powered “visitors’ cards.” The newspaper Maeil Kyungjae reported the Jeju Island Special Self-Governing Province “plans to issue a digital tourist card.” The province will issue…
Bitcoin mining firm Hive Digital Technologies has announced plans to move its headquarters from Vancouver, Canada, to Texas. The company attributed the decision to the pro-Bitcoin policies anticipated under the incoming administration of President-elect Donald Trump, according to a statement…
Russian citizens are fuming at reports that illegal crypto miners in Abkhazia are using Moscow-provided electricity to power their rigs. Multiple media outlets and social media users have raged after a “Polish tourist” posted a report and a video appearing…
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…
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 year. Nate Geraci, president of The ETF Store, calls it “the greatest launch in ETF history.” Per a recent Bloomberg report, the Bitcoin…
Prominent crypto advocate and former U.S. prosecutor John Deaton has proposed leading a Trump administration investigation into the rumored “Operation Chokepoint 2.0,” an alleged initiative aimed at severing cryptocurrency companies from the traditional banking system. Deaton made his offer in…