The Impact of Bitcoin on Foreign Exchange Reserves Introduction Recently, the Bank of Korea made a statement regarding Bitcoin and its eligibility to be included in foreign exchange reserves. According to the Bank of Korea, Bitcoin does not meet the standards set by the International Monetary Fund (IMF) to be
The Rise of Crypto Funds: Hashdex’s SEC Approval Introduction Three months after Hashdex’s fund, which currently focuses on Bitcoin and Ethereum, first received SEC approval, the world of cryptocurrency investing is evolving rapidly. This milestone marks a significant step towards mainstream acceptance of digital assets as legitimate investment options. With
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The official Trump Coin (TRUMP), last near $11.50, remains stuck in an ominous short-term downtrend as the broader crypto market struggles. The post TRUMP Coin Set for Collapse to $6 – Buy the Dip? appeared first on Cryptonews. Exploring the Current State of TRUMP Coin The official Trump Coin (TRUMP)
Bitcoin (BTC) Experiences Second-Largest Correction in Current Bull Run Overview Bitcoin (BTC) has recently faced its second-largest correction of the current bull run, according to analysts at crypto exchange Bitfinex. The correction, which occurred from the coin’s all-time high of $109,590 on January 20 to a low of $77,041 during
Solana’s Fifth Anniversary Reveals Extreme Volatility in Tether Trading Celebrating Five Years of Innovation As Solana reaches its fifth year milestone, the cryptocurrency community is abuzz with excitement and anticipation. Since its inception, Solana has distinguished itself as a high-performance blockchain platform capable of processing thousands of transactions per second.
The Coming Crypto Rally: Are You Ready to Invest? Bitcoin and Altcoins Set to Ignite Massive Rallies A closely followed analyst believes Bitcoin (BTC) and altcoins are about to ignite massive rallies and leave paper-handed investors on the sidelines. This prediction has sparked excitement and anticipation among cryptocurrency enthusiasts and
South Korea Rejects Bitcoin Reserve Plan, Citing Volatility The Rise and Fall of Bitcoin In recent news, South Korea has made the decision to reject a plan that would see Bitcoin added to its national reserves. This decision comes as Bitcoin struggles to maintain its value, trading below $90K amidst
After consolidating for a week, Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is poised for massive upside momentum Introduction On March 18, 2025, the overall cryptocurrency market has started witnessing a price surge once again. Amid this, ETH has reached the upper boundary of its consolidation and is
ADA Whales Making Waves in the Crypto Market The Return of ADA Whales ADA whales have returned to the scene, and their latest actions suggest that a price pullback is not out of the question. These large holders of Cardano (ADA) have been actively trading in recent weeks, causing some
ETH Recovery Concerns: Can Ethereum Bounce Back? Prominent Concerns in the Cryptocurrency Market There are currently prominent concerns revolving around the recovery of Ethereum (ETH) in the cryptocurrency market. Sell-side pressure and weak momentum have been major factors contributing to the uncertainty surrounding ETH’s future performance. Sell-Side Pressure Sell-side pressure
Consumer Confidence Slump: A Broader Economic Indicator On March 17, 2025, Paraguay’s consumer confidence index was reported at 50.51, a steep decline from its previous reading of 56.94. This unexpected drop significantly undercuts the forecasted figure of 55, marking a change of -11.293. Although categorized under “low impact” changes, the
The Future of Bitcoin in the United States Boosting Innovation, Technology, and Competitiveness Senator Cynthia Lummis has recently reintroduced the BITCOIN Act of 2025, a groundbreaking piece of legislation that aims to revolutionize the way the United States interacts with cryptocurrency. This bill, if passed, would allow the US government
President Donald Trump’s Tax Reduction Plans and Cryptocurrency Market The Impact of Tax Reduction Plans on Cryptocurrency Market President Donald Trump’s tax reduction plans, paired with his aggressive tariff policies, have significantly disrupted the cryptocurrency market, prompting heightened volatility and an ETF-driven sell-off in Bitcoin (CRYPTO: BTC) over the past
Hashdex’s ETF Expansion: Enhancing Crypto Market Accessibility and Diversification The recent news about Hashdex’s filing with the SEC to add XRP, ADA, SOL, and other coins to its Crypto Index ETF has caused quite a stir in the cryptocurrency community. Hashdex’s move to expand its ETF to include more coins
Pepe Coin Price Analysis: Bullish Patterns Emerge as Exchange Outflows Rise Introduction Pepe coin price held steady on Monday as centralized exchange outflows rose after forming several bullish patterns. Pepe (PEPE) rose to $0.000070, up by about 35% from its lowest level this year, giving it a market cap of
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