Mastercard Tokenized 30% of Transactions in 2024
Global payments leader Mastercard announced that it successfully tokenized 30% of its transactions in 2024 while also recognizing the growing influence of stablecoins and cryptocurrencies in the financial sector. In a filing with the US Securities and Exchange Commission, Mastercard highlighted its progress in “advancing the payments ecosystem.” Key initiatives included transaction tokenization, developing blockchain-powered […]
Tether Rebukes JPMorgan Analysts for Suggesting Bitcoin Sale
Tether, the issuer of the USDT stablecoin, has fired back at JPMorgan analysts who suggested it may need to offload Bitcoin to comply with potential US stablecoin regulations. On Feb. 12, a JPMorgan research team led by strategist Nikolaos Panigirtzoglou released a report indicating that newly proposed US stablecoin legislation could pressure Tether into selling […]
CME Group Reports Record-High Crypto Trading Volumes in Q4
Leading US derivatives exchange CME Group announced an all-time high in cryptocurrency trading volumes during the fourth quarter of 2024, as revealed in its Feb. 12 earnings call. CME recorded an average daily trading volume of roughly $10 billion in crypto derivatives for Q4 2024, reflecting a staggering 300% surge compared to the same period […]
Franklin Templeton Launches US Gov’t Fund on Solana
Franklin Templeton, a U.S.-based financial services firm managing $1.6 trillion in assets, revealed on Feb. 12 that it had introduced its OnChain US Government Money Fund (FOBXX) on the Solana blockchain. This expansion marks another milestone for FOBXX, which first launched in 2021 and is now available on multiple blockchains. FOBXX primarily invests in U.S. […]
Bitcoin Falls Below $95K as US Inflation Exceeds Expectations
The cryptocurrency market took a hit on Feb. 12 as Bitcoin and other digital assets slipped into the red following higher-than-anticipated US inflation data. Bitcoin (BTC) briefly dropped under $95,000 after the US Consumer Price Index (CPI) for January 2025 showed inflation at 3% year-over-year—0.1% above projections. The US Bureau of Labor Statistics reported a […]
Czechia Embraces Crypto: President Signs Landmark Bill into Law
Czech President Petr Pavel has officially signed a pivotal cryptocurrency bill into law, marking a significant step toward regulatory clarity for digital assets in Czechia. This new legislation aligns with the European Union’s broader legal framework, ensuring compliance while fostering industry growth. As outlined in a statement from the Czech Cryptocurrency Association (CKMA), the law […]
Bitcoin Sees Strong Demand at $98K as Analyst Predicts RSI Breakout
Bitcoin maintained stability around the $98,000 mark as Wall Street opened on Feb. 6, with traders highlighting several optimistic indicators. Market Sentiment Remains Bullish Data from market tracking platforms, including TradingView, showed Bitcoin consolidating within a narrow range. Despite yet another attempt to breach the psychological $100,000 threshold, BTC price action remained relatively steady as […]
Satoshi Nakamoto, Bitcoin’s Mysterious Creator, Could Surpass Bill Gates in Wealth
The enigmatic figure behind Bitcoin, known as Satoshi Nakamoto, could now have a fortune exceeding that of Microsoft co-founder Bill Gates, thanks to the soaring value of Bitcoin, according to recent blockchain analysis. Estimates suggest that Nakamoto possesses around 1.096 million BTC, which is valued at over $108 billion, as per insights shared by Conor […]
MicroStrategy Drops ‘Micro,’ Rebrands as ‘Strategy’ with Bitcoin Logo
MicroStrategy, the well-known business intelligence and Bitcoin treasury firm, has officially rebranded itself as “Strategy,” unveiling a new Bitcoin-themed visual identity. Announced on February 5, the company reaffirmed its commitment to developing business intelligence software while continuing its aggressive Bitcoin acquisition strategy. Additional insights regarding the rebrand are expected to be shared during the firm’s […]
BlackRock to launch Bitcoin ETP in Europe
BlackRock, the world’s largest asset management firm, is gearing up to introduce a Bitcoin exchange-traded product (ETP) in Europe, as reported by Bloomberg on February 5. This development follows the massive success of BlackRock’s U.S. spot Bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT), which has accumulated over $57 billion in net assets since its […]