Bitcoin goes ’Santa Claus mode’ as hopes raise for US reserve status
16 Dec 2024
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Bitcoin’s price rallied nearly 5% in a day to set a new all-time high above $106,000 on Dec. 15 as speculation of it becoming a United States reserve asset continues to grow. Bitcoin topped out at $106,554 but has since fallen slightly to $106,000, TradingView data shows. Its previous high was $104,000, which was set on…

Ethereum poised for record highs in Q1 2025, analysts predict
15 Dec 2024
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Ether could surpass its previous all-time high during the first quarter of 2025, according to market analysts. Ether has been unable to remain above the key $4,000 psychological threshold despite Bitcoin breaching the record $100,000 high on Dec. 6 for the first time in crypto history. However, Ether may soon start catching up to Bitcoin’s gains following…

Why Hong Kong has grown into a crypto hub — CEO of WOW Summit
15 Dec 2024
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Hong Kong has rapidly become a cryptocurrency hub, positioning itself as a center for financial innovation alongside the United Arab Emirates (UAE) and Singapore. Ivan Ivanov, global CEO of WOW Summit, said this innovation was fostered by a mixture of strong regulatory policy and Hong Kong’s status as a special economic region. Ivanov told Cointelegraph…

Michael Saylor’s MicroStrategy enters Nasdaq 100
15 Dec 2024
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Nasdaq has announced that Bitcoin bull Michael Saylor’s company, MicroStrategy (MSTR), will be added to the Nasdaq-100 Index starting Dec. 23. MicroStrategy is one of three companies to be added to the index alongside Palantir Technologies Inc. (PLTR), and Axon Enterprise, Inc. (AXON), according to a Dec. 13 statement published by Nasdaq. MSTR now among Nasdaq’s 100…

What is decentralized identity in blockchain?
14 Dec 2024
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Decentralized identity explained Decentralized identity refers to a system of identity management that is not controlled by any central authority such as governments, corporations or identity providers.  Traditional identity systems often involve intermediaries that store and manage personal information, which can lead to privacy concerns, data breaches and dependency on centralized entities. In contrast, decentralized…

VanEck predicts Q1 2025 crypto correction before Q4 all-time highs
14 Dec 2024
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VanEck expects the cryptocurrency bull market to hit a “medium-term peak” in the first quarter of 2025 before surging to all-time highs by the end of the year, the asset manager said in a Dec. 13 blog post. “At the cycle’s apex, we project Bitcoin (BTC) to be valued at around $180,000, with Ethereum (ETH)…