The Bank of Korea (BOK) has confirmed that it will not consider adding Bitcoin (BTC) to its foreign exchange reserves, primarily due to concerns over the cryptocurrency’s intense price volatility and its failure to satisfy the International Monetary Fund’s (IMF)…
Tag: Ethereum
ECB Official Warns U.S. Crypto Policies Could Spark Global Crisis
ECB’s Villeroy warns U.S. crypto policies could spark global financial instability, urging stronger regulation compared to Europe. Villeroy supports digital assets in Europe, advocating for tokenization and CBDCs to enhance financial efficiency and stability. Francois Villeroy de Galhau, a senior…
How to Build a Resilient XRP Portfolio—Expert Lists 8 Key Steps
Leveraging XRP for real estate can help investors expand their portfolio while maintaining crypto exposure. A well-balanced XRP portfolio combines diversification, stable assets, and strategic investment choices. A recent discussion by software engineer and crypto enthusiast Vincent Van Code introduced…
Crypto Adoption Grows as Brazil Proposes Bitcoin Salary Bill
Brazil’s new bill proposes allowing workers to receive up to 50% of their salaries in Bitcoin, promoting crypto adoption. If passed, the legislation could attract foreign investment and strengthen Brazil’s role in the digital asset market. Brazil is taking another…
Why Shiba Inu’s Price Might Surge 60%—3 Key Factors
Shiba Inu’s price could see a 60% surge as it recovers from recent declines. Increasing burn rates and macroeconomic trends may drive SHIB’s next breakout. Shiba Inu has faced a challenging year. However, recent signs indicate that the tide may…
VeChain (VET) in Prime Accumulation Zone—Is Now the Time to Buy?
VeChain (VET) is consolidating at $0.025, with analysts watching for a breakout above $0.030 amid rising accumulation. VeChain’s ecosystem growth, VTHO fee burning, and UFC partnership strengthen its adoption and long-term potential. VeChain (VET) is gaining attention as traders and…
Why Paraguay Is Bitcoin’s Next Mining Powerhouse—HIVE’s 25 EH/s Plan Exposed
HIVE Digital aims to boost Bitcoin hashrate by 400% by 2025 using Paraguay’s hydroelectric power, targeting 25 EH/s by September 2024. Paraguay’s 300 MW expansion integrates Bitcoin mining and AI compute hubs, positioning HIVE at the forefront of dual-sector growth.…
Whale’s $12M LINK Gamble Backfires—Will 40x Leverage Save Traders or Trigger a Crash?
Chainlink (LINK) unlocks 19M LINK ($269M); 78% sent to Binance for liquidity, 22% to multisig per quarterly protocol. Trader “ETH 50x” opens 10x longs, buys $12.1M LINK, sells hours later amid $4M loss history. Chainlink (LINK) unlocked 19 million LINK…
Dogecoin at $1 is History: XYZVerse’s Path to 50,000% Gains Begins Now!
Dogecoin’s milestone of hitting $1 is now part of history. Emerging on the horizon is XYZVerse, set to captivate the market with potential gains as high as 50,000%. This newcomer might redefine expectations in the crypto space. The path to…
Whale Dumps $2M ETH to Buy LINK: Is a $15 Breakout Imminent Before Fed Decision?
LINK defies market slump, spikes 8.4% amid whale’s $7.1M bet; resistance at $14.50 remains critical. Whale’s $7.1M LINK purchase triggers price surge, but unrealized loss signals caution ahead of Fed meeting. Chainlink’s LINK, rose 9% in early Friday trading, climbing…