El Salvador’s $1.4 billion IMF loan deal includes scaling back its Bitcoin project and improving the nation’s debt-to-GDP ratio. The agreement mandates that Bitcoin use be voluntary for the private sector and that reliance on the Chivo crypto wallet be gradually reduced. President Bukele’s government has implemented significant reforms, addressing debt and fiscal concerns while…
El Salvador has entered into a significant loan agreement worth $1.4 billion with the International Monetary Fund (IMF). This deal comes with stipulations focused on regulating the country’s use of Bitcoin as legal tender. The IMF believes that these regulations will bolster the nation’s economic stability and alleviate its debt challenges. What Regulatory Changes Are…
December 19, 2024 at 05:15 PM GST updated: December 18, 2024 at 09:39 PM 5 mins read Press Release What if your next investment could turn pocket change into a life-changing fortune? The meme coin market is buzzing with opportunities, and this December, three standout contenders are capturing everyone’s attention: BTFD Coin, Neiro, and Book…
The Australian Securities and Investments Commission (ASIC) launched legal action against Binance Australia Derivatives, the local branch of prominent cryptocurrency exchange Binance. ASIC alleges that from July 2022 until April 2023, Binance improperly designated 505 retail customers as wholesale investors, thereby denying them important customer safeguards mandated under Australian financial services law. According to a…
Home » Journal » Top 5 Altcoins To Monitor Keenly This Bull Cycle As the crypto market gears up for another potential bull cycle, the spotlight turns to altcoins that could deliver substantial gains. Among the vast array of options, XRP, Cardano, Avalanche (AVAX), Toncoin, and…
El Salvador has signed a $1.4 billion loan agreement with the International Monetary Fund (IMF). This agreement includes regulations concerning Bitcoin’s adoption as legal tender in the country. The IMF expects this condition to enhance El Salvador’s economic stability and reduce its debt burden. IMF’s Critical Regulatory Demands for the Bitcoin ProjectImpact of the Chivo…
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MicroStrategy, which made a big splash in the market with its Bitcoin (BTC) purchases, recently announced that it will raise $42 billion in funds for new Bitcoin purchases. Stating that he will continue to buy even if the price of Bitcoin increases, MicroStrategy founder Michael Saylor announced that they will change their strategy in the…
In the dynamic world of cryptocurrency, new crypto coins to buy now offer investors a unique advantage: the opportunity to get in early on projects with immense growth potential. Unlike established coins, these emerging assets often come with lower entry points and the possibility of skyrocketing returns, making them perfect for those seeking exponential profits…
Do you ever wonder where the next big opportunity in crypto lies? While Bitcoin still dominates conversations, savvy investors know that emerging projects are the real game-changers. Right now, Qubetics, Monero, and Fantom are catching everyone’s attention for very different reasons. They’ve got unique features, real-world use cases, and serious potential for growth. As the…
Binance’s latest Global User Survey revealed that almost half of its users joined the crypto market in 2024. Meanwhile, around 23.89% respondents believe AI tokens will lead the crypto market in 2025, followed closely be meme coins. On Dec. 19, Binance released the results from its global survey involving more than 27,000 users from Asia,…
Singapore, Singapore, December 19th, 2024, Chainwire Succinct alliance establishes Mantle Network as highest-TVL ZK validity rollup Mantle Network, an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with Succinct. Combining its…
In 2024, hackers associated with North Korea set a new record for cryptocurrency theft. Notorious for their advanced skills in malware deployment, social engineering, and crypto asset theft, these hackers often channel stolen funds into state-sponsored projects, including weapons of mass destruction and missile programs, bypassing global sanctions. In 2023, they stole around $660.5 million…
13h05 ▪ 3 min read ▪ by Eddy S. The debate over Bitcoin’s fixed supply has been reignited by a video from BlackRock, raising questions about the possibility of changing the 21 million unit cap. This discussion has sparked varied reactions within the crypto community, highlighting the importance of this feature for bitcoin. Debate on…
Join Our Telegram channel to stay up to date on breaking news coverage The Pudgy Penguins price soared 14% in the last 24 hours to trade at $0.03117 as of 02:08 a.m. EST on trading volume that dropped 2% to $2.3 billion. This comes even as the overall crypto market cap plunged 4% to $3.6…
Bluzelle (BLZ) Price Prediction: What’s Driving BLZ and What’s Next? Binance announced the Delist of three tokens—WRX, AKRO, and BLZ—from its platform. The news triggered an immediate market reaction, with BLZ plummeting by 37% within just a few hours. Current Technical Overview: The weekly chart for Bluzelle indicates significant volatility, with the current price at…
Bullish BOME price prediction for 2024 is $0.010807 to $0.016041. BOOK OF MEME (BOME) price might reach $0.05 soon. Bearish (BOME) price prediction for 2024 is $0.004649. In this BOOK OF MEME (BOME) price prediction 2024, 2025-2030, we will analyze the price patterns of BOME by using accurate trader-friendly technical analysis indicators and predict the…
The Terra Luna Classic community is voting on the controversial proposal to increase the burn tax from 0.5% to 1.5% again. This can significantly boost LUNC and USTC burn rates, increase funds in the Community pool and Oracle pool, and trigger a rally in LUNC price. The community remains divided on increasing the on-chain tax…
Jakarta, Indonesia, December 19th, 2024, Chainwire With Solana facing growing congestion challenges, a new Layer-2 scaling solution is beginning to draw investor attention. Solaxy (SOLX), aiming to become Solana’s first Layer-2 protocol, has raised almost $3 million in its ongoing token presale event. SOLX Token Presale – Price Stages and Staking Rewards Since going live,…
Bitcoin’s price experienced a sharp pullback following the US Federal Reserve’s recent rate cut, but market experts like Bitwise CIO Matt Hougan remain optimistic about the asset’s long-term trajectory. On Dec. 18, the Federal Reserve announced a 25-basis-point rate cut, scaling back its outlook for 2024 to two cuts instead of the previously expected four….