El Salvador’s $1.4 Billion IMF Deal Puts Bitcoin in the Spotlight—A Mixed Blessing

The recent move by El Salvador to adopt Bitcoin as the legal tender has been an experimental move. However, other trends suggest that the focus of the Central American nation is changing. IMF has reportedly contracted the use of its website for $1.4 billion, but funding comes with the condition that Bitcoin-related services must be restricted. On its…

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US Likely Won’t Purchase Bitcoin, But Arthur Hayes Isn’t Worried

Entrepreneur and former BitMEX CEO Arthur Hayes fears Bitcoin will suffer a “vicious sell-off” around the time Donald Trump takes office. In a characteristically lengthy blog post (which followed a 300-word introduction about yoga) the trader warned that crypto investors have unrealistically high expectations for what the president can achieve. While Trump has promised to…

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John Deaton Opposes New Tax Reporting Rule

Attorney John Deaton, a prominent advocate for XRP, has voiced strong objections to a recent cryptocurrency tax reporting regulation introduced by the Biden administration. The rule, officially named “Gross Income Reporting by Brokers Facilitating Digital Asset Sales,” is causing concern among figures in the decentralized finance (DeFi) sector. What Are the New Tax Reporting Requirements?…

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Exodus to List on the NYSE American

Crypto wallet maker, Exodus Movement, will soon begin trading on the NYSE American, a sibling exchange to the New York Stock Exchange. The SEC approved the application after initially denying it in May 2024. The company will trade under the ticker EXOD. The crypto wallet company, Exodus Movement, will begin trading on the NYSE American…

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BTC and ETH Defy Expectations: Report Highlights Calm Markets Amid Year-End Options Expiry

A collaborative study from Bybit and Block Scholes provides an in-depth examination of bitcoin (BTC) and ether (ETH) derivatives, shedding light on market behavior during the pivotal 2024 year-end options expiration. Bitcoin and Ethereum Open Interest: Bybit and Block Scholes Report Highlights a Picture of Stability The Bybit and Block Scholes analysis shared with Bitcoin.com…

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Tether Joins Corporate Bitcoin Buying Spree with Major Purchase

Tether is now ranked as the second-largest private Bitcoin holder with 90,083 BTC. Meanwhile, MicroStrategy also expanded its Bitcoin portfolio with a $209 million purchase. Hong Kong lawmakers proposed incorporating Bitcoin into national reserves due to its potential to improve financial stability and attract global investment. As 2024 ends, Bitcoin’s inability to sustain its recent…

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Best Cardano alternative has potential to turn $350 into $70,000 in the next 12 weeks

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance combines blockchain unique features with DeFi and real estate tokenization, offering promising returns. One renowned cryptocurrency that innovatively uses blockchain technology is Cardano. However, its slow pace has caused investors to embrace…

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BlockDAG’s New Mystery Bonuses Begin at 250%! Cardano (ADA) & Tron (TRX) Price Predictions Stay Positive

As 2025 approaches, the crypto industry is growing, with notable projects advancing steadily. This week, the Cardano (ADA) price climbed to $0.937 despite less network activity, suggesting a guarded hope for its future performance. Simultaneously, the forecast for Tron remains positive, with TRX priced at $0.2573 and experts expecting a rise to $2 by 2030….

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Can RSI Reveal Altcoin Trading Opportunities?

Bitcoin‘s value stands at $97,600, while the altcoin market is experiencing a subdued trading day marked by decreased volumes. This article delves into the altcoin landscape, particularly as traders increasingly gravitate towards futures trading, causing a surge in short-term focus. This trend is resulting in substantial liquidations across the market. Understanding the Role of RSIWhich…

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A Member of Parliament Cites El Salvador and the US as Examples, Calls for a Bitcoin (BTC) Reserve for the European Union!

While Donald Trump’s promise of a national Bitcoin reserve for the USA had a great impact all over the world, this BTC call also attracted the attention of European countries. At this point, a French MP, inspired by El Salvador in the face of the European Union’s economic inactivity, proposed a strategic Bitcoin reserve for…

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