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Bitcoin’s Medium of Exchange Thesis in Perspective: Is It Still Relevant?


The idea of bitcoin as a medium of exchange was at the center of its creation, eliminating the need for third parties for transacting. Discussions on social media now recall how Andreas Antonopoulos, a big bitcoin proponent, used it to promote bitcoin back in the day. But is it still relevant...

Iran’s Digital Rial Near Launch, Central Bank Signals Progress


Iran’s central bank signals the imminent launch of the digital rial, a central bank digital currency (CBDC), to streamline payments and bolster international financial integration despite sanctions. Iran’s Central Bank Sends Clear Signals on the Digital Rial Breakthrough Central Bank of Iran (CBI)...

Three Reasons Why Bitcoin Risks Falling Below $90K: Godbole


BTC traders purchase protective put options in response to Monday's 5% decline.The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market.The daily chart reveals a bearish RSI divergence, signaling potential weakness in price momentum

Peter Schiff Claims Bitcoin Superpower Status Will Make America weaker


Peter Schiff ignites outrage by claiming that the U.S. becoming a bitcoin superpower would weaken the nation, clashing with crypto advocates championing it as an economic game-changer. Peter Schiff Faces Crypto Uproar Over Bitcoin Superpower Weakness Assertion Economist and outspoken bitcoin critic...

UK Urged to Consider Bitcoin Reserve as Trump Leads Crypto Revolution


The UK government is urged to create a bitcoin reserve as Trump’s pro-crypto policies drive global competition in the race for digital economic dominance. Bitcoin Reserve in UK Sparks Debate as Trump Drives Global Crypto Shift Nigel Green, CEO of Devere Group, an independent wealth management...

Asset Managers Weigh in on US Bitcoin Reserve Debate


Asset managers have weighed in on Trump’s proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation’s Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have...

Bitcoin Nosedives to $92K as $551M Vanishes in Liquidations


Bitcoin took a tumble today, hitting an intraday low of $92,584 per coin—a noticeable drop from its earlier perch at $98,000. Bitcoin Slips 4.6% to $92.5K as $118M in Long Positions Gets Wiped Out By 7:36 p.m. EDT, bitcoin (BTC) was down 4.6% against the U.S. dollar. Over the past hour,...

Ripple Unveils First Tokenized Money Market Fund on XRP Ledger


Ripple advances tokenized finance with the first money market fund on XRP Ledger, redefining efficiency in real-world asset tokenization and institutional Defi. Ripple Unlocks New Era of Tokenized Funds on XRP Ledger Ripple announced Monday that Archax, a Financial Conduct Authority (FCA)-regulated...

MEXC Raises the Bar: Supercar Giveaway Boosted to 12,000,000 USDT


PRESS RELEASE. Singapore, November 25, 2024 – MEXC, one of the world’s foremost cryptocurrency platforms, has unveiled a major upgrade to its ongoing “Supercar Giveaway” event. In response to overwhelming user enthusiasm, MEXC has increased the prize pool from 10,000,000...

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