Author: Maria
A shareholder of Facebook’s parent company Meta urged Mark Zuckerberg to add Bitcoin to its treasury assets by converting a portion of the social media company’s $72 billion cash into crypto. Ethan Peck recommended turning a portion of Meta’s cash assets into the firstborn crypto to enhance shareholder value and protect it from inflation. Bitcoin Proposal Crypto analyst Tim Kotzman revealed in an X post that a shareholder named Ethan Peck submitted a proposal to Meta, asking the tech giant to make Bitcoin a part of the company’s treasury assets. “The shareholder, Ethan Peck, who is an employee at The…
Ethereum has faced significant selling pressure in recent trading sessions as broader market trends turn more bearish. After attempting to break above key resistance levels, ETH has encountered hurdles that suggest the prevailing trend is shifting toward a more negative outlook. As the price begins testing the $3,051 support, a potential breakdown could signal a deeper pullback, which might push ETH toward lower support levels. Key factors contributing to this bearish sentiment include weakening buying interest, market-wide retracements, and technical indicators signaling further downside risks. Ethereum’s failure to maintain upward momentum, especially after hitting resistance, suggests that the bulls may…
German policymakers are ramping up their efforts to integrate the blockchain and Bitcoin into its financial system. In a recent Blockchain Roundtable hosted by Fraktion der Freien Demokraten and Frank Schäffler, parliament members and resource persons explored a few key proposals that can help the government achieve its objective. The roundtable discussion held in the German Parliament attracted the attendance of key German policymakers, including Christian Lindner, a former Finance Minister and Patrick Hansen, a Circle executive. Germany’s Bitcoin Initiative: Lindner Recommends The Next Steps Former Finance Minister Christian Lindner was one of the guests at the Blockchain Roundtable and…
A crypto analyst recently took to X (formerly Twitter), boldly forecasting a new bullish price target for Bitcoin in Q1 2025. The analyst, who has analyzed Bitcoin’s future price trajectory using the Elliott Wave theory, predicts that the 4th Wave will end with a price crash to $91,000 while the 5th Wave will see BTC surging as high as $210,000 this bull cycle. Wave 5 To Drive Bitcoin Price To $210,000 On January 10, a crypto analyst known as “Capt. Parabolic Toblerone” predicts that Bitcoin will hit $210,000 before Valentine’s Day in 2025. The analyst shared a Bitcoin price chart…
Donald Trump is making news once more, but this time it’s not for political reasons; it’s about cryptocurrency. As he prepares to return as the 47th President of the United States, Trump will become the first sitting president to own meme currencies, a decision that has stirred both enthusiasm and skepticism in the crypto community. Trump: A Significant Crypto Portfolio Recent sources claim that Trump’s crypto wallet consists largely of meme coins and is valued roughly $8 million. Among the assets are $1.5 million in a meme currency with Trump-themed design and $5.5 million in TROG tokens. In addition, he…
Bitcoin and the general market seemed to have steadied their ship after garnering some momentum to build on in the first week of the year. Unfortunately, the sector appears to be back where it started, with the total market capitalization declining by nearly 3% in the last week. One of the events that might have precipitated such a bearish climate in the market was the approval of the United States Department of Justice (DOJ)’s plan to offload seized Bitcoin assets. Due to the significant size of the coins, there is a general sense that a market downturn might be on…
The past few days have been challenging for Ethereum investors, as the altcoin leader kicked off 2025 with a steep 15% drop from local highs, plunging to lower demand levels. This selloff has mirrored the broader market’s volatility, leaving many questioning the strength of ETH’s recovery potential. Despite the rocky start, ETH’s fundamentals continue to demonstrate resilience, providing optimism for long-term holders. Key insights from blockchain analytics firm IntoTheBlock highlight Ethereum’s strong foundation. According to their data, 74.7% of ETH addresses are now classified as long-term holders, significantly outpacing Bitcoin in this metric. This milestone underscores growing confidence in Ethereum’s…
Volatility continues to reign over the general crypto market, causing major digital assets like Ethereum to retest key support levels that previously prompted an upward move. With ETH experiencing notable bearish pressure, its price performance shows that the altcoin is on the verge of entering a crucial zone. A Potential Accumulation Zone Ahead For Ethereum Recent price movements show that Ethereum, the second-largest digital asset, is at a key moment that could determine its next direction. Technical analysis platform Rose Premium Signals delving into ETH’s price action highlights that the altcoin might be gearing up for an accumulation zone. The…
Thailand is on a mission to address illegal mining operations causing massive power disruptions in its capital city, Bangkok, and neighboring areas. In its latest drive against these unregistered operations, the kingdom’s Provincial Electricity Authority (PEA) announced that it has shut down an illegal Bitcoin mining farm in the Phanat Nikhom, District of Chonburi. This time, the energy company worked with the Crime Suppression Division to raid the mining facility, which was suspected of tampering with the electricity meter for crypto-mining purposes. According to local reports, the PEA and CSD officers confiscated 996 Bitcoin mining machines and similar equipment. A…
Bhutan continues to leverage new technologies, particularly Bitcoin and the blockchain, to boost its economy. According to multiple reports, Gelephu Mindfulness City (GMC) is ready to integrate digital assets like Bitcoin, BNB, and Ethereum into its strategic reserve. The Mindfulness City near Gelephu is a newly established special administrative region that will serve as the country’s economic hub and tourist attraction. Bhutan’s King Jigme Khesar Namgyel Wangchuck shared that it’s a modern city anchored on innovation, so its announcement of a Bitcoin and crypto strategic reserve isn’t surprising for many. A major milestone for blockchain adoption! ✨⛰️Gelephu Mindfulness City (GMC),…