Author: John Smith
The government of Japan has officially responded to Senator Hamada, stating that it has no intention of adopting Bitcoin as part of its foreign exchange reserves due to a lack of understanding and concerns about volatility. As reported by a Japanese media outlet, the government of Japan, on Dec. 20, released its official answer to several queries Senator Satoshi Hamada put forward concerning the adoption of Bitcoin (BTC) as part of Japan’s foreign exchange reserves. Under the name of Prime Minister Ishiba Shigeru, the statement explained that, at present, Japan has no intention of considering cryptocurrency reserves. Senator Hamada, who…
The Bank of Russia has approved a new rule that will allow banks to block operations with digital rubles for days if they appear to be linked to fraud. The Bank of Russia has introduced new rules requiring banks to suspend digital ruble transactions for up to two days if they are suspected to involve fraud. The directive, which aims to “protect citizens and organizations” from fraudulent activity, will come into effect on Feb. 23, 2025, the central bank said in a press release. “Banks will be required to suspend client instructions for transactions with digital rubles for two days…
The Coinbase Chief Legal Officer Paul Grewal took to X to demand answers after learning from the AIMA survey that 75% of crypto hedge funds face issues with accessing basic banking services. None of the traditional alternative investment managers (e.g., real estate) experienced similar troubles with the banks. The Grewal’s X post raises questions that have already been circulating in the media for quite a while. You have probably heard of Operation Choke Point 2.0 or read about the redacted documents published by Coinbase in which the Federal Deposit Insurance Corporation openly asks banks to pause all the operations associated…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. ADA, LINK, and RTX lead the charge for 2025, with Remittix poised for a potential 20x ROI through its game-changing cross-border payment solutions. As the crypto market folds into neutral activity, investors are looking ahead to 2025 for the next top altcoins. The top picks are ADA, given the recent Cardano price action, and LINK, which continues to make a name in the crypto market with blockchain oracles. Meanwhile, Remittix (RTX) is also drawing attention for its ambitious use…
A $54.52 million worth of token burn is the goal of this Solana meme community-driven project to increase BONK’s demand in the crypto market. As part of the community holiday celebration called “BURNmas”, BonkDAO has unveiled an ambitious plan to burn 1.69 trillion Bonk (BONK) tokens, or $54.52 million. By decreasing the amount of BONK in circulation, this deliberate move seeks to make it more scarce and may affect its market dynamics. https://twitter.com/bonk_inu/status/1872061550871060745 Approximately 1.8% of BONK’s entire supply, which is now approximately 92.7 trillion tokens, will be burned. According to officials, BonkDAO will execute the burn through a multi-signature…
The goal of Bitget wallet and Bitget token integration is to improve user experience and broaden application possibilities on both centralized and decentralized platforms. As the only ecological token for the Bitget exchange and Bitget Wallet, Bitget has announced that it will combine its wallet with Bitget token. This announcement comes after the Bitget token’s rapid expansion (BGB), which was fueled by its rising market value and the number of holders. As of the latest data, BGB’s market cap has reached over $9.32 billion, and its price has shown a steady upward trend, reflecting growing investor confidence as the token’s…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Altcoins like XYZ, Sei, and Polkadot are catching Wall Street’s eye for 2025, with XYZ poised for a staggering 99,900% surge as the first sports meme coin. Certain alternative coins are catching the attention of major financial players. Investors looking ahead to 2025 might consider these digital assets that have gained recognition among traditional institutions. This article explores these promising tokens that could offer diversification and growth opportunities for a balanced investment portfolio. Trump’s victory triggers crypto shake-up: XYZ…
The chief executive of Binance’s Thai arm has encouraged the Bank of Thailand to consider former prime minister Thaksin Shinawatra’s proposal for a pilot Bitcoin payment project so the nation does not get left behind. According to the Bangkok Post, Thailand is working towards making the ex-Prime Minister’s suggestion for a Bitcoin (BTC) payment pilot project a reality. Binance’s Thai arm will reportedly support the pilot project that aims to establish Phuket as a Bitcoin sandbox for tourism. “Given our country’s reliance on tourism and foreign inflows, integrating cryptocurrencies into Phuket’s economy could align well with Thailand’s strategic strengths, potentially…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance emerges as the next Dogecoin, promising a massive 18,400% rally with its real-world asset tokenization solution. One of the most recognizable tokens in crypto history, Dogecoin (DOGE), has paid enormous rewards to early adopters. Showing the explosive possibilities of meme coins, the token rose from fractions of a penny to an ATH of $0.74. The market is enthusiastic as a fresh cryptocurrency promises to be the next DOGE. This fresh competitor is a possible game-changer since it…
The funds will be used to improve zoo operations and create a special exhibition for the famous hippopotamus known as, Moo Deng. Buterin wrote a poignant letter to the director of Khao Kheow Open Zoo, expressing his enthusiasm for the zoo’s dedication to education and animal welfare. He wrote: “I was deeply impressed with your commitment to animal welfare, education, and outreach, as well as fostering a fun community spirit for visitors and staff. I was particularly excited to hear your plans for improvements to the zoo itself, especially the proposal for upgrades to the Pygmy Hippopotamus habitat.” Thank you Vitalik Buterin @VitalikButerin for joining the Wildlife Sponsorship Program and adopting Moo Deng with a generous gift of 10,000,000 THB for her family! We look…