Category: crypto

SkyBridge Capital founder Anthony Scaramucci believes Bitcoin’s current price near $97,000 should have been reached two years ago. He attributes the delayed rally to the sluggish approval of a spot Bitcoin ETF. Scaramucci sees rising institutional adoption and nation-level interest driving Bitcoin’s future trajectory, suggesting a US strategic Bitcoin reserve is possible. Regulatory improvements under…

Strategy acquired 7,633 BTC, increasing its unrealized profit to over $17 billion. Metaplanet attributed 85% of its 2024 net income to Bitcoin holdings, with plans to increase its stash to 25,000 BTC by 2026. Metaplanet transitioned to a Bitcoin Treasury Company, seeing significant growth in share price and market cap.

Bitcoin’s market behavior is evolving, being treated more as a risk-on asset than a store of value. Its price has remained stable between $91,000 and $102,000, with a stronger correlation to equities and weaker to gold. Bitcoin has not seen the institutional inflows seen by gold, but interest is increasing.

Tether CEO Paolo Ardoino is considering a proposal for a quantum-powered initiative to recover lost Bitcoin. While he sees potential, he stresses the need for transparent leadership and ethical oversight. He believes quantum computing is not yet advanced enough to pose a threat to Bitcoin’s security, but suggests preparing for future risks.

Ripple has partnered with Portuguese crypto exchange Unicâmbio to streamline cross-border payments between Portugal and Brazil using Ripple Payments. This move aims to enhance financial connectivity between the two nations by providing near-instant settlements and reducing processing delays. This partnership marks a significant milestone in Ripple’s European expansion.

Zac Williamson, CEO of Aztec, discusses the importance of programmable privacy in the blockchain industry. Enforced transparency limits blockchain use in cases where privacy is crucial. Zero-knowledge cryptography enables private transactions without sacrificing scalability. Privacy-focused L2 solutions bridge the gap between public blockchain benefits and institutional privacy demands, paving the way for broader adoption in…

Swedish fintech giant Klarna, with over 80 million users, has decided to offer crypto services ahead of its upcoming IPO in the US with a valuation of up to $15 billion. CEO Sebastian Siemiatkowski announced the move on social media, seeking input from users on how to integrate crypto into Klarna’s platform. The decision has…

The Central African Republic (CAR) has launched a memecoin project called CAR to test its potential in national development. President Faustin-Archange Touadéra announced the initiative on Feb. 9, aiming to showcase how a meme-based asset could bring people together and promote economic growth. However, the memecoin has faced scrutiny and controversies within the crypto community.

Coinbase’s layer-2 network, Base, has denied accusations of selling its Ethereum holdings. Concerns were raised about transparency and potential ETH sales after it was noted that sequencer fees were being funneled to Coinbase. Base strategist Kabir Sadarangani refuted these claims, stating that funds are reinvested in Ethereum’s ecosystem.

The Cosmos ecosystem is expanding as a hub for Real-World Assets (RWAs) with the introduction of Ondo Chain by Ondo Finance. This blockchain is designed for institutional-grade RWAs and has already integrated with Noble to bring tokenized treasuries to over 90 blockchains. The growth of RWAs in Cosmos is highlighted by the launch of USDY,…