Bitcoin

ATAI Life Sciences Embraces Bitcoin Treasury Strategy Amid Inflation In a significant move that reflects the growing intersection of biotechnology and cryptocurrency, Christian Angermayer, the chairman of Germany-based biopharmaceutical company ATAI Life Sciences (ATAI), has announced the firm’s plans to develop its own bitcoin treasury strategy. This decision comes at a time when many companies…

Digital Euro Essential to Combat Stablecoins and Big Tech The chief economist at the European Central Bank (ECB), Philip Lane, has made a compelling case for the introduction of a digital euro. He argues that Europe must adopt this digital currency to counter the growing influence of dollar-linked stablecoins and U.S.-based electronic payment systems that…

Bitcoin DeFi Expansion: Navigating the Fork Dilemma with ZK Proofs As Bitcoin continues to evolve, developers are increasingly focused on expanding its decentralized finance (DeFi) capabilities. One of the most promising technologies under consideration is zero-knowledge (ZK) proofs. However, implementing this functionality poses significant challenges, particularly the need for a soft fork of the Bitcoin…

TON Token Soars After $400M VC Investment Announcement Toncoin, the native cryptocurrency of the Telegram-adjacent TON blockchain, experienced a significant surge on Thursday. This spike came after The Open Network Foundation announced that several prominent venture capital firms had invested a staggering $400 million in the token. The announcement has sparked considerable interest in the…

Trump Claims Crypto Will Boost U.S. Dollar Dominance In a bold statement at the Digital Asset Summit in Manhattan, former President Donald Trump declared that cryptocurrency is “as big as you can get.” His five-minute taped speech was met with a packed audience, many of whom entered just before his address and left immediately after….

Is a New Golden Age for Crypto Assets on the Horizon? In the ever-evolving world of crypto for advisors, recent updates from Bitwise Europe indicate that we might be on the brink of a golden age for cryptocurrencies. The past six months have seen significant shifts in the global crypto regulatory landscape, especially following the…

Avalanche (AVAX) Declines 4.5%: CoinDesk 20 Index Update The cryptocurrency market is known for its volatility, and the latest performance update from CoinDesk 20 highlights significant movements, particularly with Avalanche (AVAX). This update reveals that AVAX has experienced a notable decline of 4.5%, contributing to a downward trend in the overall CoinDesk 20 index. Understanding…

U.S. Ether Spot ETFs Experience $358 Million Outflows in 11 Days In a significant turn of events, spot ether exchange-traded funds (ETFs) in the United States have recorded their 11th consecutive day of net outflows, totaling approximately $358.1 million in lost investor funds. This decline coincides with a nearly 7% drop in the price of…

Copper’s Surge: Will Bitcoin Follow the Rally to New Heights? In the world of cryptocurrency, seasoned traders often look for patterns and correlations that can guide their investment decisions. One such correlation that has been observed is between Bitcoin (BTC) and copper. Historically, there have been periods when the two assets moved in tandem, leading…

Bithumb Raided by South Korean Prosecutors Over Embezzlement Claims In a significant development in the cryptocurrency sector, South Korean prosecutors have initiated an investigation into Bithumb, one of the nation’s largest cryptocurrency exchanges. This investigation stems from serious allegations that company funds were misappropriated to assist a former executive in acquiring an apartment. The Seoul…