Category: Bitcoin

Tether USDt, the world’s largest stablecoin by market capitalization, was the most widely used currency for salary payments and savings on the European crypto banking platform Brighty in 2024, according to a new report. Brighty’s “Crypto Earners’ Money Habits” report, shared with Cointelegraph, revealed that USDt (USDT) accounted for 85% of all crypto deposits on…

US President Donald Trump has given a full pardon to Ross Ulbricht, who has been in prison for 12 years for founding the defunct darknet marketplace the Silk Road. “I just called the mother of Ross William Ulbright to let her know that in honor of her and the Libertarian Movement, which supported me so…

GOAT Gaming to launch AlphaGOATs — Everyone will be ‘their own guild’ Gamers could soon be making money without barely lifting a finger when AI-powered Telegram gaming network GOAT Gaming drops its AI agents next month. The “AlphaGOATs” will play games for you, bet on prediction markets, and potentially earn crypto for you — but…

Opinion by: Advit Nath, founder and CEO at BlueBridge Global The snow-capped peaks of Davos in 2023 witnessed blockchain technology being heralded as a transformative force for global good. Two years later, the landscape is radically different, yet familiar challenges linger. While crypto markets soar, regulatory frameworks mature, and innovation thrives, a critical question remains…

Traders are on the lookout for more Trump-branded memecoins after President Donald Trump’s eponymous token briefly broke $80 billion in fully-diluted value (FDV) within a day of launching on Jan. 18.  Spotting the next official Trump coin means sifting through dozens of fakes.  So far, only one other token, Official Melania (MELANIA) — referencing First…

Buying your first Bitcoin can be daunting, especially for South Africans who are new to crypto. You need to consider several factors and steps before making an investment. There are complex regulations, tax implications and security considerations before you get to the fun part -— owning Bitcoin (BTC). If you’re looking to buy Bitcoin in…

Bitcoin (BTC) rallied to $106,000 just one day before the inauguration of US President-elect Donald Trump. However, the coin that has caught the attention of traders over the weekend is the US President-elect Donald Trump’s memecoin, Official Trump (TRUMP).  Launched on the Solana network on Jan. 17, the TRUMP token hit a high above $79…

US President-elect Trump takes office on Jan. 20, much to the excitement of crypto industry executives expecting pro-crypto policies. However, those policies may or may not survive past his administration and depend on the balance of power in Washington, DC, sources told Cointelegraph. Adam O’Brien, founder and CEO of Bitcoin Well — a financial services…

Top Stories of The Week Coinbase CEO calls on countries to establish Bitcoin reserves Brian Armstrong, CEO of US-based cryptocurrency exchange Coinbase, has endorsed plans for global leaders to create Bitcoin strategic reserves. In a Jan. 17 blog post on “economic freedom,” Armstrong said cryptocurrencies were “the next chapter of capitalism,” offering suggestions for policymakers…

A cryptocurrency businessman and a Los Angeles County Sheriff’s Department (LASD) deputy have admitted to federal crimes, including conspiracy, civil rights violations, and tax evasion.  The Department of Justice announced the plea agreements on Jan. 17, stating that Adam Iza, 24, who dubbed himself the “crypto godfather,” founder of the Zort crypto trading platform, orchestrated…

A rush of cryptocurrency exchange-traded fund (ETF) filings hit the Securities and Exchange Commission (SEC) just days before Gary Gensler stepped down as Chair on Jan. 20. On Jan. 17, at least four proposals were submitted as the crypto industry anticipates regulatory shifts under the incoming Trump administration, which is expected to adopt a more…

Brian Armstrong, CEO of US-based cryptocurrency exchange Coinbase, has endorsed plans for global leaders to create Bitcoin strategic reserves. In a Jan. 17 blog post on “economic freedom,” Armstrong said cryptocurrencies were ”the next chapter capitalism,” offering suggestions for policymakers to integrate digital assets into their economies in 2025. The Coinbase CEO’s ideas included crypto-friendly…

Bitcoin-based decentralized finance applications saw a breakout year in 2024 after the April halving, with the industry’s value experiencing a 22-fold increase driven by infrastructure development and soaring Bitcoin prices. Bitcoin-based decentralized finance (DeFi), also known as BTCFi, is a new technological paradigm that aims to bring DeFi capabilities to the world’s first blockchain network.…

A crypto trader says Bitcoin will likely blow past the $150,000 price target that some have tipped for in the current cycle — calling it “silly low” given its likelihood of being adopted by many more nations, funds, and corporations in the coming years. “There is absolutely no reason for us to stop or cap…

Wyoming Senator Cynthia Lummis sent a letter to the United States Marshals Service on Jan. 15 demanding answers for the government’s potential sale of 69,370 Bitcoin (BTC) seized in the Silk Road asset forfeiture. Lummis characterized attempts to sell the US government’s Bitcoin holdings as a form of political spite. In an excerpt of the…

Cryptocurrency exchange Binance saw a significant jump in Bitcoin Open Interest (OI) volume after the US Consumer Price Index results gave crypto market participants hope that further rate cuts may occur in 2025. “This news brought smiles to the faces of crypto investors, signaling a positive shift for risk-on markets. As the data painted a…

Cryptocurrency analysts are turning bullish after favorable US inflation data sent Bitcoin (BTC) surging some 3% amid hopes of more interest rate cuts.  On Jan. 15, the US Consumer Price Index (CPI) report tipped lower-than-expected core inflation in December, causing Bitcoin’s spot price to rally from around $96,000 to nearly $100,000. Other assets, including stocks…

Bitcoin could reach nearly $250,000 in 2025 as half a trillion dollars of new capital flows in. In its latest weekly report on Jan. 14, onchain analytics platform CryptoQuant braced for the next Bitcoin (BTC) price macro top. BTC price should hit at least $145,000 — Research Bitcoin is primed to hit at least $145,000…

Bitcoin’s (BTC) price experienced sharp fluctuations in December after failing to hold above $100,000, but according to ARK Invest, the cryptocurrency’s movements weren’t out of the ordinary. ARK Invest’s “The Bitcoin Monthly” report for December compared BTC’s monthly and yearly realized volatility — a measure of how sharply an asset’s price fluctuates over a specific…

Bitcoin bridging has long been a technical and philosophical challenge, while other blockchain networks have embraced interoperability with relative ease. This difficulty arises from Bitcoin’s intentionally strict consensus rules and limited scripting language, which makes crosschain transactions cumbersome despite the demand for decentralized bridges.  Over the years, Bitcoin Virtual Machine (BitVM) protocols have been developed…