Blockchain
Microsoft Invests $70 Million in South Africa for AI Advancement
Microsoft South Africa (SA) has entered into a $705 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition
Blockchain
XRP Price Dips: Another Setback or a Buying Opportunity?
XRP price again struggled to continue higher above the $05450 resistance It is now moving lower and might test the $0512 support zone XRP is showing a few bearish signs from the $05420 zone The price
Blockchain
Ethereum Price Sets Sights on New Peaks: Anticipating a Bullish Breakout
Ethereum price is again moving higher above the $3,800 resistance ETH is now consolidating near $3,850 and is eyeing an upside break above $4,000 in the near term Ethereum started a fresh increase
Blockchain
Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy,
Blockchain
Bitcoin Price Losing Steam: Market Momentum Slows Amid Trading Hesitation
Bitcoin price is slowly losing momentum and struggling below $70,000 BTC is now consolidating and facing hurdles near the $69,500 resistance zone Bitcoin is facing many key hurdles near the $70,000
Blockchain
Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the US Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching The
Blockchain
Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions
The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the inefficiency of the privacy solutions presented for the project so far The
Blockchain
Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures This strategic move reflects a cautious stance
Blockchain
Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total
Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations The ministry, which recently
Blockchain
FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million Among the top five US dollar stablecoins, Ethena’s USDE
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US Bitcoin Reserve and Crypto Stockpile—White House Breaks Down Trump’s Executive Order
The US is establishing a bitcoin reserve and crypto stockpile under President Trump’s executive order, ensuring forfeited digital assets are strategically managed rather than sold White House
Bitcoin Slides After Trump Signs Strategic Reserve Executive Order
Bitcoin and other top altcoins like ADA and Ripple’s XRP surged in price minutes after US President Trump issued a statement on a crypto strategic reserve After languishing below $85k for days,
Bitcoin’s realized volatility surges in as traders face extreme price swings
Realized volatility measures how much an asset’s price fluctuated over a past period and is typically calculated by taking the standard deviation of daily (often log) returns and annualizing it
Fold Holdings Acquires 475 Bitcoin To Strengthen Corporate Treasury – Details
Fold Holdings, a US-based Bitcoin (BTC) financial services firm, announced today the addition of 475 BTC to its corporate treasury This acquisition positions Fold Holdings among the top 10 US public
Trump Establishes Bitcoin Reserve, But Industry Participants Await Clear Action
On Thursday, US President Trump unveiled a newly formed strategic bitcoin reserve, funded through assets confiscated in criminal investigations Industry insiders view this announcement as a pivotal
