El Salvador ends mandatory Bitcoin acceptance for merchants
El Salvador’s Legislative Assembly has amended its Bitcoin Law, making it optional for merchants to accept Bitcoin as payment. This change aligns with conditions set by the International Monetary Fund for a $1.4 billion loan aimed at bolstering the nation’s economy. El Salvador made history in September 2021 by becoming the first country to adopt […]
Bitcoin not suitable for ECB reserves, says Lagarde
European Central Bank president Christine Lagarde said the bank would not consider holding Bitcoin reserves, even as sovereign entities increasingly turn to the asset. A longtime Bitcoin (BTC) skeptic, Lagarde remained unmoved by the growing trend of using Bitcoin as a reserve asset to hedge against inflation as a reserve asset to hedge against rising […]
Bitcoin rallies above $106K but 3 key actions must happen for new all-time highs
Bitcoin kicked off 2025 with a bang, but a fresh set of factors needs time to congeal before BTC price can chase new highs. Source link
Metaplanet to buy 21K Bitcoin, Korean exchange users up 450%: Asia Express
Japan’s Metaplanet set to become third largest corporate holder of Bitcoin, as new Korean exchange accounts surge 450%. Asia Express Source link
Czech to explore new assets, skips Bitcoin as $7B BTC reserve faces criticism
Czech Finance Minister Stanjura warned against BTC’s volatility ahead of the central bank vote on Jan. 30. Source link
Czech National Bank advances Bitcoin study for possible reserves
The likelihood of a European central bank holding Bitcoin reserves has increased, despite European Central Bank President Christine Lagarde’s recent comments dismissing the asset as unsuitable. The Czech National Bank has approved a study to assess how Bitcoin (BTC) might serve as a reserve asset following a proposal from CNB Governor Aleš Michl. Previously, Michl […]
Bitcoin futures metric adds $1.2B after FOMC, but retail investor spending is down 50% — Why?
Bitcoin trades above $100,000, but investors’ “unit bias” and the rise of spot BTC ETFs have drastically decreased retail investors’ presence in the market. Source link
Bitcoin didn’t save Tesla — It just delayed the bigger problem
Bitcoin’s price surge helped Tesla mask deeper struggles, adding $600M to its earnings. But behind the numbers, falling demand, price cuts, and squeezed margins tell a different story. Bitcoin, the saviour Tesla’s latest earnings report on Jan. 29 was widely expected to disappoint. Auto sales had slowed, revenue came in below expectations, and operating costs […]
Bitcoin mining hashrate set to slow down — Here’s why
After a tough 2024 for the Bitcoin mining industry, mining companies might finally get some relief as competition might slowly cool down. Source link
Here’s why DeepSeek crashed your Bitcoin and crypto
DeepSeek may have “nothing to do” with crypto, but its sudden entrance on the scene affected crypto prices. Source link
