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522 articles
Michael Saylor’s Bold Proposal: Burning Bitcoin Keys for Long-Term Scarcity
MicroStrategy chairman Michael Saylor proposes burning Bitcoin private keys after death to permanently remove coins from circulation, boosting Bitcoin’s scarcity. With a fixed supply of 21 million coins, Bitcoin’s value thrives on limited availability. Saylor’s idea could tighten the circulating supply, mirroring the impact of dormant coins like Satoshi Nakamoto’s 1 million BTC. Advocating for …
Zameer Attar·7 Jan 20251 min
Michael Barr to Step Down as Fed Vice Chair for Supervision
Michael Barr, the Federal Reserve’s Vice Chair for Supervision, will resign on February 28 or earlier if a successor is confirmed. Barr cited concerns about potential disputes with the incoming Trump administration as a reason for stepping down, though he will remain a Fed governor. Known for his influence on banking and crypto regulation, Barr …
Qadir AK·7 Jan 20251 min
Tether Executes $1 Billion USDT Chain Swap to Tron
Tether is conducting a $1 billion USDT chain swap to the Tron blockchain in collaboration with a major exchange. The move aims to optimize liquidity across blockchains without altering the stablecoin’s total supply. USDT, dominating the stablecoin market with a $137 billion market cap and $107 billion daily trading volume, is widely used for payments …
Debashree Patra·7 Jan 20251 min
Robert Kiyosaki Plans to Buy More Bitcoin as Crypto Reclaims $100K
In a recent development, Robert Kiyosaki, the ‘Rich Dad Poor Dad’ author shared in an X post that he will buy more Bitcoin after the cryptocurrency reclaimed its $100,000 level. Earlier this month, he predicted that the cryptocurrency could surge all the way to $350,000 this year. Notably, the sudden recovery comes after spot Bitcoin …
Nidhi Kolhapur·7 Jan 20251 min
Bitcoin Hits $102K as Institutional Inflows and Corporate Purchases Drive Gains
Bitcoin surged to nearly $102,000 on Monday, reaching its six-digit price for the first time since December 19 and starting 2025 on a strong note after the holiday slowdown. Two key market movers driving the recent Bitcoin gains are the return of institutional capital inflow and a dwindling exchange supply of BTC. On Friday, Bitcoin …
Nidhi Kolhapur·7 Jan 20251 min
Trudeau’s Resignation Could Open Door for Potential Shift in Canada’s Crypto Policy
Canadian Prime Minister Justin Trudeau’s decision to step down on Monday may open the door for a government more open to crypto, which has struggled to flourish under Trudeau’s anti-crypto/pro-CBDC position. Trudeau announced he will step down from his 11-year role as leader of the Liberal Party and Prime Minister, a position he has held …
Nidhi Kolhapur·7 Jan 20251 min
Metaplanet Aims for 10,000 BTC by 2025 Amid Bullish Projections
Metaplanet, Asia’s largest corporate Bitcoin holder, plans to expand its Bitcoin holdings from 1,762 BTC to 10,000 BTC by 2025, leveraging loans, equity, and convertible bonds. CEO Simon Gerovich revealed the strategy on Jan. 5, aligning with bullish predictions of Bitcoin reaching $200,000 under a potentially crypto-friendly U.S. administration. Inspired by MicroStrategy’s playbook, the firm …
Elena R·6 Jan 20251 min
MARA Lends 16% of Bitcoin Reserves, Boosts Hashrate
Bitcoin miner MARA has loaned 7,377 BTC—16% of its 44,893 BTC reserves—to generate modest single-digit yields. These short-term loans aim to offset operating expenses, earning the firm $3.9 million in interest income during Q3 2024. MARA mined 9,457 BTC and acquired 22,065 BTC in 2024 at an average price of $87,205, growing its reserves to …
Qadir AK·6 Jan 20251 min
Ripple USD (RLUSD) Trading Volume Soars 2,000% Amid Questions
Ripple USD (RLUSD), Ripple’s stablecoin, has surged 2,000% in trading volume, reaching $611 million despite a modest $53 million market cap. This rapid growth makes RLUSD the fourth most-traded stablecoin. However, over 96% of the volume originates from Bullish, a platform backed by Peter Thiel, raising concerns about low liquidity and potential manipulation. Validators on …
Debashree Patra·6 Jan 20251 min