Author: Admin-aX9d7
9h05 ▪ 4 min read ▪ by Luc Jose A. In the unstable world of cryptos, every economic statistic can reshuffle the cards. After a jump of more than 10 % in one week, bitcoin is entering a critical phase. Upcoming releases in the United States (inflation, employment, industry) could reshape market sentiment. In a climate already weakened by April’s turmoil, the slightest surprise could reignite volatility or extend consolidation. This week promises to be decisive for BTC’s trajectory and investor appetite. In brief Bitcoin records an increase of more than 10 % in one week, driven by massive purchases…
Aavegotchi, a non-fungible token (NFT) protocol focused on Web3 gaming, has opted to abandon blockchain network Polygon and “go all-in” on Base, an Ethereum layer-2 scaling chain, according to the results of an onchain vote. On April 8, Aavegotchi’s community members voted 93.5% in favor of a proposal to “Make Aavegotchi Based Again” by deprecating the protocol’s smart contracts on Polygon and re-deploying on Base, according to Aavegochti’s governance page. “Given our close relationship with the Base team, as well as recent developments in the Base ecosystem […] we believe the most +EV move for Aavegotchi (for this cycle, at least) is…
Bitcoin and the rest of the crypto markets are continuing to struggle, with the bitcoin price trading down from the weekly high of $44,274 on Wednesday last week, down below the psychological $40,000 level at $36,629, as per data from Goingecko. At the moment of writing, BTC price is hanging just below $39,000, up 3.3% on the daily.The general sentiment in both Bitcoin, and traditional markets, seems to be a reflection of risk and uncertainty associated with the U.S. Federal Reserve rate hikes expected to be implemented in March, and continue throughout the rest of the year. There are also…
Accelerating the Sovereign Individual thesis, Citizen X is opening new doors for passport diversification focused on Bitcoiners with the recent acquisition of Plan B Passport. Citizen X, the tech-savvy Citizenship by Investment (CBI) company based in Switzerland, made a big splash this week with news of its merger with Plan B Passport, Katie “The Russian” Ananina’s Bitcoin focused CBI company. “They’re insanely into privacy and security,” said Katie about the company, explaining the ways in which this merger super charges both companies and can accelerate the “Sovereign individual movement.” The Sovereign Individual, a book initially published in 1997, has quickly…
The Ethereum Foundation, which backs the development of the Ethereum blockchain, has overhauled its leadership structure to separate the responsibilities of its management team and board of directors.The board will act as the “security council to protect the heart and soul” of the foundation and set visions for Ethereum, while the new management will be focused on the strategic and operational execution of those visions, the Foundation said in an April 28 blog post.It added in an April 28 X post that Hsiao-Wei Wang and Tomasz K. Stańczak were appointed as co-executive directors on March 2 to deliver on those…
In brief South Korea’s People Power Party has pledged to approve spot crypto ETFs and scrap South Korea’s “one exchange, one bank” rule if they win. The party’s crypto agenda includes corporate crypto trading, stablecoin regulation, and a new Virtual Asset Special Committee this year. The election outcome could decide the fate of reforms, with opposition leader Lee Jae-myung leading in the polls ahead of the June 3 vote. South Korea’s People Power Party has vowed to approve spot crypto ETFs, dismantle a major banking restriction, and overhaul digital asset laws before the end of the year, local media reported…
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin.Abu Dhabi’s sovereign wealth fund ADQ, the United Arab Emirates’ largest bank, First Abu Dhabi Bank (FAB), and the massive conglomerate the International Holding Company, have partnered to launch the stablecoin, pending regulatory approval, three companies said on April 28.The trio said the stablecoin would be regulated by the UAE’s central bank and backed by the country’s currency, the dirham. It will also support use cases such as machine-to-machine and artificial intelligence.Source: IHCThe goal is to place the UAE…
Bitcoin-friendly Conservative Leader Pierre Poilievre will no longer be a Member of Parliament after losing his seat in an election which saw Mark Carney’s Liberal Party secure enough seats to form at least a minority government.Data from Elections Canada, reported by the CBC, shows Poilievre lost his Ottawa-area seat to Liberal Brunce Fanjoy on Monday night after a 5-week election cycle triggered by Carney, the current Prime Minister, last month. Results from Pierre Poilievre’s Ottawa-area riding of Carleton (CBC) Overall, the Liberal party took approximately 162 seats as of 12:00 a.m. Eastern Time, which is enough to form a minority…
Mon 28 Apr 2025 ▪ 3 min read ▪ by Fenelon L. Michael Saylor, co-founder of MicroStrategy, posted a cryptic message on social networks suggesting an imminent bitcoin investment, one week after already acquiring 555 million dollars worth of BTC. This announcement comes at a time when major investors are intensifying their purchases despite a price close to 94,000 dollars. In Brief Michael Saylor suggests a new massive bitcoin purchase by Strategy. Large investors are massively accumulating: 3 billion dollars have flowed into ETFs in one week. More than 35,000 bitcoins have recently left major exchanges. Wallets holding more than…
Arizona lawmakers have passed two related bills that could make the state a leader in state-level government cryptocurrency investing, provided they are signed into law by Governor Katie Hobbs.The Arizona House passed Senate Bill 1025 on its third reading. Formally known as the “Arizona Strategic Bitcoin Reserve Act,” the House approved it 31-25-4 on Monday.S.B. 1373, a companion bill establishing a “Digital Assets Strategic Reserve Fund,” passed with a 37-19-4 vote in the House on the same day.The Arizona Senate passed both bills earlier on February 27. After passing both chambers without amendments, the bills await formal transmittal to Governor Hobbs’…