In early January, Thai Prime Minister Pichai Chunhavajira announced a pilot program that would allow foreign tourists in Phuket to use digital currencies for payments. The Deputy Prime Minister announced the program at a seminar organized by the Marketing Association…
These alleged violations include the acceptance of identification documents with hidden personal information. Upbit has been under investigation by South Korean financial authorities since August 2024. South Korea’s Financial Intelligence Unit (FIU) will conduct a disciplinary hearing on January 21…
According to a new report from $10 trillion asset manager BlackRock, crypto has “outpaced the growth of cell phones and the Internet.” In fact, BlackRock says the cryptocurrency industry has amassed 300 million users, reaching the milestone faster than cell…
In yet another sign of the leading cryptocurrency’s growing prominence, Intesa Sanpaolo, Italy’s largest bank, has bought $1 million Bitcoin. The acquisition was actually the first of its kind for the financial institution, according to an internal memo. The total…
Some traders expect a price rally for Bitcoin as the January FOMC meeting approaches. Bitcoin is hovering around $96,794 in a narrow range. The recent volatility in the market and some trends in the crypto market suggest an upcoming move,…
Thailand is next in line to approve spot Bitcoin ETFs in Asia. This follows US approval in January 2024 and Hong Kong’s move shortly thereafter. Thailand’s SEC now wants to bring Bitcoin ETFs to local markets. This will strengthen cryptocurrency…
In what is sure to be an important development for the digital asset industry in the country, Coin base has officially launched Bitcoin loans for US users. In fact, users in the US will once again be able to get…
Bitcoin has played a crucial role in the recent US elections. The token has been at the center of all major activities, promoted by Donald Trump in all his major and minor election campaigns. Now that Trump is all set…
Important takeaways Short-term Bitcoin investors are selling at a loss, creating potential accumulation opportunities. Indicators such as MVRV and NUPL suggest that the Bitcoin market remains in an uptrend. Bitcoin’s decline has created an excellent opportunity for accumulation, according to…
Bitcoin is currently on an uncertain threshold, struggling against the sharp rise in the US dollar. A new currency war is brewing, with a clash demonstrating the dominance of the US dollar over the digital currency domain. With Trump ready…