Bitcoin’s Wild Ride: Bulls Charge Toward All-Time High as $27M in Bearish Bets Vanish

Bitcoin scaled an intraday peak of $105,680, climbing 2.5% versus the U.S. dollar, as traders reveled in its buoyant momentum. The digital asset now orbits near $105,385 per unit, weathering a modest 3.87% dip from its historic zenith of $109,356 achieved on Jan. 20, 2025. Current trading vigor reflects roughly $19 billion in BTC trade … Read more

Bitstamp Gets EU License Under MiCA Crypto Rules

Cryptocurrency exchange Bitstamp has received a Crypto Asset Service Provider (CASP) license under the EU’s MiCA regulation from Luxembourg’s Commission de Surveillance du Secteur Financier. This license, combined with the European Passport, will allow Bitstamp to operate its trading platform, execute client orders, and provide crypto custody services across the European Economic Area. Bitstamp’s CEO … Read more

River CEO: Businesses Increasingly Buying Bitcoin

Alexander Leishman, CEO of River, a financial company that provides zero-fee bitcoin recurring purchases services, has highlighted how businesses are increasingly adopting bitcoin as part of their corporate treasury strategy. On social media, Leishman revealed that several companies had enrolled River as part of their bitcoin accumulation processes. He noted that just in the last … Read more

SEC Probes Coinbase’s Discontinued ‘Verified User’ Claims: NYT 

The New York Times (NYT) reported Thursday that the Securities and Exchange Commission is investigating whether Coinbase misrepresented its now-discontinued “verified user” metric in past disclosures, according to David Yaffe-Bellany and Matthew Goldstein. The probe, citing over 100 million users in filings until 2023, began under the Biden administration and continues under President Trump’s SEC, … Read more

Criminal Banking Organization Takedown Across Europe Includes Crypto Operations

Europol has announced the arrest of 17 individuals involved in a criminal parallel banking organization that provided money laundering services across Europe, including the exchange of cryptocurrencies for cash. The operation, conducted on January 14, 2025, in Austria, Belgium, and Spain, followed previous successful actions against migrant smugglers. The arrested individuals, primarily of Chinese and … Read more

Argentina Announces Tax Cuts for Mobile Phones and Electronics

The Argentine government announced a series of tax and import rate cuts affecting electronic devices and mobile phones. Manuel Adorni, the spokesperson for President Milei’s administration, announced that the import tariff for mobile phones will be slashed from 16% to 0, democratizing access to these devices. The reduction will be done in two waves: the … Read more

Google Cloud to Enhance Security for Crypto Transactions and Digital Asset Management With Inabit

Inabit, a provider of secure cryptocurrency management solutions, has announced a collaboration with Google Cloud to enhance security for cryptocurrency transactions and digital asset management. This partnership will leverage Google Cloud’s Confidential Computing platform to create secure environments where cryptocurrency private keys remain encrypted and inaccessible, even during active use. The collaboration comes in response … Read more

Thailand to Issue $150M in New Digital Investment Tokens

Thailand’s Ministry of Finance will issue $150 million (5 billion baht) worth of new digital investment tokens, called G-Tokens, within two months. These tokens will allow retail investors to invest in government bonds for as little as $3, offering potentially higher returns than bank deposits. While not a debt instrument or cryptocurrency, the G-Token will … Read more

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