More and more companies choose Bitcoin as the prime asset for corporate reserves
On Dec. 30, 2024, an education tech company, Genius Group Ltd, bought $10 million worth of Bitcoin. The company aims to convert 90% of its funds to BTC. Lately, more and more companies around the world have chosen Bitcoin as the prime asset in the corporate treasury. Genius Group Bitcoin reserve While many countries are […]
Bitcoin becomes 7th largest global asset, stablecoins and AI drive crypto in 2024: report
A new Binance report for December highlights bullish and notable trends in the crypto space as we enter a new year. The cryptocurrency market closed in 2024 with a record-breaking performance. Bitcoin (BTC) broke through $100,000, driven by regulatory optimism, bullish sentiment, institutional adoption, and technological innovation. Binance’s December Research Monthly Market Insight report highlighted […]
Digital asset investment products reach record $44.2b in 2024, CoinShares says
Inflows into digital asset investment products hit a record $44.2 billion in 2024, led by U.S. spot-based ETFs, despite some market volatility, data shows. The year kicked off strong, with $585 million flowing into digital asset products during the first three days of 2025, according to data from European asset manager CoinShares. However, for the […]
Former finance minister urges German central bank to consider Bitcoin as a reserve asset
Former German Finance Minister Christian Lindner has advocated for including cryptocurrencies like Bitcoin in the European Central Bank and Bundesbank reserves to strengthen financial resilience and keep pace with global trends. According to the German media outlet Handelsblatt, Lindner pointed to the United States, where the incoming Donald Trump-led administration is looking to adopt a […]
Binance introduces USUAL as a new flexible lending asset
Binance expands lending options with USUAL token and stablecoin investment. As of Dec. 25, 2024, Binance announced that the Usual protocol (USUAL) token would be added as a new borrowable asset under its Pledged Loan program. The move hopes to increase borrowing flexibility by enabling users to use assets from Binance Earn—Binance’s platform for earning […]
Bitcoin as national asset may generate $81 trillion
MicroStrategy founder Michael Saylor shared Friday a proposal for establishing a strategic Bitcoin reserve. The proposal suggests that such a Bitcoin (BTC) reserve could generate between $16 and $81 trillion in wealth for the U.S. Treasury, potentially offering a path to offset the national debt. The proposal projects digital capital markets growth from $2 trillion […]
Trump may use Bitcoin as US reserve asset on 'day one' — How high will BTC price go?
Trump’s potential executive order making Bitcoin a US reserve asset may drive a $20 billion BTC purchase in 2025. Source link
‘Bitcoin is better than gold’ as a reserve asset
Dan Morehead, founder and managing partner of Pantera Capital, made it clear that he thinks crypto is a better reserve investment than gold. Speaking with CNBC on Thursday, Morehead compared the development of blockchain technology to historical financial innovations and expressed some serious optimism about the crypto and blockchain space — especially as more and […]
Tether’s USD₮ approved as accepted virtual asset in Abu Dhabi
Abu Dhabi Global Market regulators have approved Tether’s USD₮ as an accepted virtual asset, opening the door to USDT financial services. Source link
Coinbase adds GIGA and TURBO to its asset roadmap
Coinbase has announced the addition of Gigachad and Turbo to its asset roadmap, signaling potential future listings on the exchange. This move reflects Coinbase’s ongoing strategy of embracing various cryptocurrencies, including niche and meme-based tokens. Gigachad and Turbo (TURBO) are both considered part of the meme coin category, a subset of cryptocurrencies often driven by […]
