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…
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…
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…
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 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)…
United States representative French Hill recently appeared on CNBC and said that the US desperately needs a crypto market structure bill, which he described as a “top priority” for the Republican Party. According to Representative Hill, GOP majority leader Steve Scalise aims to introduce a comprehensive crypto market structure bill within the first 100 days…
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