Category: Uncategorized

Peter Brandt Downplays Bitcoin Crash Risks Amid Market Dip

Veteran crypto trader Peter Brandt has dismissed fears of a Bitcoin crash despite current charts suggesting a potential drop to $73,000. In a recent X post, Brandt emphasized that price charts morph constantly due to crypto’s volatile nature and cannot reliably predict future trends. “Price charts don’t predict prices or trends,” Brandt said, explaining that […]

South Korea to Ease Institutional Crypto Trading Rules

South Korea is poised to relax restrictions on institutional cryptocurrency trading, signaling a significant shift in policy as the government aims to bolster the nation’s crypto industry. The Financial Services Commission (FSC) announced plans to grant institutions access to local crypto exchanges in phases, starting with non-profit organizations, according to a Yonhap News Agency report. […]

Spot Bitcoin ETFs Surge with $1 Billion Inflows

Spot Bitcoin exchange-traded funds (ETFs) in the United States recorded nearly $1 billion in inflows on January 6, driven by Bitcoin’s recovery to the $102,000 level. This marks the second consecutive day of significant inflows, with nearly $1.89 billion entering the funds over two days, according to data from SoSoValue. Inflow Breakdown by ETF Monday’s […]

Chile Explores Strategic Bitcoin Reserve

Chilean lawmakers are advocating for the establishment of a Strategic Bitcoin Reserve (SBR) to position Bitcoin as a key economic asset. Andrés Villagrán, a nation-state mining lobbyist, has been meeting with over 20 parliamentarians and multiple ministers to discuss Bitcoin’s potential benefits for Chile’s economy. “In 2023, I embarked on an incredible journey with Bitcoin,” […]

MARA Lends 7,377 BTC to Generate Yield

Bitcoin mining giant MARA has announced it lent 7,377 BTC, equivalent to approximately 16% of its total Bitcoin reserves, to generate yield through short-term arrangements with “well-established third parties.” As of December 31, 2024, MARA’s total Bitcoin reserves stood at 44,893 BTC, valued at approximately $4.4 billion. The company mined 9,457 BTC and acquired 22,065 […]

Marathon Digital: Strategic Bitcoin Lending in Focus

Marathon Digital Holdings, one of the largest Bitcoin mining companies, has announced plans to lend 7,377 BTC to third parties in 2024. This figure represents approximately 16% of its total Bitcoin reserves, which stood at 44,893 BTC as of December 31, 2024, valued at around $4.4 billion. The initiative, structured as short-term contracts, aims to […]

Metaplanet Targets 10,000 BTC by 2025

Metaplanet, a Japan-based corporation, has set its sights on becoming a major player in the Bitcoin space, aiming to increase its holdings to 10,000 BTC by the end of 2025. CEO Simon Gerovich highlighted the company’s disciplined approach to capital market tools and its commitment to Bitcoin as a strategic reserve asset. Closing 2024 with […]

Fed Official Warns of Inflation Risks in 2025

Federal Reserve Bank of Richmond President Thomas Barkin has cautioned that the risk of an inflationary wave in 2025 is greater than many investors anticipate. Speaking at the Maryland Bankers Association in Baltimore, Barkin noted that wage pressures and other price drivers could push inflation higher. “There is more upside risk than downside risk to […]