Behind the Ban: The Shocking Reasons BiG Stopped Crypto Transactions
Behind the Ban: The Shocking Reasons BiG Stopped Crypto Transactions In a move underscoring Portugal’s evolving financial climate, Banco de Investimentos Globais (BiG), one of the nation’s prominent banking institutions, has opted to discontinue facilitating the direct exchange of fiat currencies for cryptocurrency assets. This strategic decision aligns the bank with directives from supranational regulatory bodies like the European Central Bank and the European Banking Authority, as well as dome
Peter Brandt Suggests $XRP Market Cap could reach $500 billion if its bullish flag pattern holds. However, he also said that the setup could fail if momentum lost.
Brandt Shared His Analysis on Jan. 6, noting that ripple current “half-mast flag” pattern often signals a trend continuation following a strong surge and brief consolidation. #BinanceAlphaAlert #ShareYourTrade
US Fed money printing could spur Bitcoin rally in Q1 2025 — Hayes.
The incoming Trump administration’s crypto regulations and the US Federal Reserve’s monetary policy path remain the biggest factors influencing Bitcoin’s price trajectory. Bitcoin could benefit from more than $612 billion in new liquidity during the first quarter of 2025, potentially mitigating investor concerns over delayed crypto regulations in the United States. Bitcoin BTC$95,603 fell nearly 6% in the 24 hours leading up to 8:00 am UTC on Jan. 8, falling below the $100,000 mark, which has se
A sharp crypto market decline over the past 24 hours catches many on the wrong side of the trade, with Bitcoin slumping to new support levels. Just a little over 24 hours ago, significant optimism appeared to be returning to the crypto market as assets had soared with the turn of the new year, culminating in Bitcoin reclaiming the $100,000 price point. However, fast forward to today and the market is back in the red, having wiped out thousands of leverage traders. 204K Crypto Traders Wiped Out
Binance Founder Changpeng Zhao Says “$100K is Boring” as Bitcoin Recovers Key Level
Former Binance CEO Changpeng “CZ” Zhao asserts that the $100,000 price point is “boring” in response to the recent Bitcoin recovery. Much to the relief of most crypto proponents, Bitcoin is back above the $100,000 price point. The asset had fallen below the keenly watched level on December 19 due to Fed hawkishness. Amid its recent recovery, former Binance CEO Changpeng “CZ” Zhao is stoking excitement. “100K is Boring” Former Binance CEO Changpeng “CZ” Zhao has asserted that the $100,000 price p
Winklevoss Twins' Gemini Will Pay $5 Million to Settle CFTC Bitcoin Futures Lawsuit
Crypto exchange Gemini, founded by Tyler and Cameron Winklevoss, has agreed to pay a $5 million civil penalty to end a CFTC lawsuit. The Gemini Trust Company, the firm behind the Gemini crypto exchange founded by Tyler and Cameron Winklevoss, has agreed to pay a $5 million civil penalty to settle a Commodity Futures Trading Commission suit that alleged it misled regulators, court documents filed Monday show. Monday’s proposed settlement helps Gemini avoid a trial that was set to begin on January
Bitcoin Price Jumps Above $102K as Trump Team Weighs Narrower Tariffs:
Report The U.S. dollar weakened as Bitcoin rose, following a report that President-elect Donald Trump’s team is weighing a pared-back tariff plan. The price of Bitcoin reclaimed $100,000 Monday and continued climbing as the U.S. dollar weakened, following a report that President-elect Donald Trump’s team is considering a pared-back tariff plan.
The Washington Post reported that following Trump’s calls for “universal” tariffs on the campaign trail, his team is still considering taxes on goods an
Billionaire Tim Draper Compares Bitcoin to Netflix
Tim Draper, one of the most prominent venture capitalists of all time, recently compared Bitcoin to Netflix on social media. Blockbuster was the go-to movie rental chain in the 90s with thousands of stores around the globe. However, due to the rapid emergence of the internet, Blockbuster struggled to remain relevant. The company famously rejected an offer to buy Netflix for $50 million in the early 2000s when it was still a little-known DVD-by-mail service. Netflix co-founders, Reed Hastings
Bitcoin Bull Run Could Be Accelerated by China's Market Meltdown, Crypto Observer Says
China's yuan slides to lowest since September 2023, the CSI 300 index hits lowest since September.This could accelerate capital flight from China, potentially boosting demand for BTC.Watch out for a direct FX market intervention by the PBOC. The new year has offered no relief for Chinese assets, which continue to decline in a meltdown that could further fuel the ongoing bitcoin (BTC) bull run.
The Chinese yuan (CNY) fell to 3.22 per U.S. dollar early Tuesday, reaching the lowest level since Sep
Bitcoin Exchange Binance Introduced the 3rd Project of the Megadrop Series! Here Are the Details
Binance has announced the third project in its Megadrop series featuring Solv Protocol (SOLV), a Bitcoin staking platform focused on building a Bitcoin-centric financial ecosystem. Solv Protocol (SOLV) Megadrop Launched on Binance Starting from 07-01-2025 03:00, users can participate in the SOLV Megadrop by subscribing to BNB Locked Products or completing Web3 Tasks. Basic Details of SOLV Megadrop Participation Period: 07-01-2025 03:00 – 17-01-2025 02:59:59 BNB Locked Products: Participants can maximize their Locked BNB Points by locking BNB before the event starts. Binance will take hourly snapshots of subscription amounts throughout the Megadrop period to determine rewards. Web3 Tasks: Users can also earn SOLV rewards by completing tasks such as staking Bitcoin tokens (BTCB) on the Solv Protocol. SOLV Listing on Binance Following the Megadrop, Binance will list Solv Protocol (SOLV) for trading on 2025-01-17 13:00. Trading pairs will include SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY, and a seed tag will be applied to the token. SOLV Tokenomics Maximum Token Supply: 9,660,000,000 SOLV Genesis Token Supply: 8,400,000,000 SOLV (87% of maximum supply) Megadrop Rewards: 588,000,000 SOLV (7% of Genesis supply) Initial Circulating Supply: 1,482,600,000 SOLV (17.65% of genesis supply) Megadrop rewards will be distributed to users’ Binance Spot Accounts, and they will be able to view their earnings once the event is complete. What is Solv Protocol? Solv Protocol is a groundbreaking Bitcoin staking platform that aims to create a robust financial ecosystem centered on Bitcoin. With its innovative approach, Solv Protocol aims to expand the use and adoption of Bitcoin through staking solutions and governance-focused offerings. *This is not investment advice. Continue Reading: Bitcoin Exchange Binance Introduced the 3rd Project of the Megadrop Series! Here Are the Details #BinanceMegadropSolv $BNB
Trump’s Pet Doge (TRUMDOGE) Memecoin Will Surge 13,000% Ahead of Exchange Listing, As SHIB and DOGE
Trump’s Pet Doge could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump’s Pet Doge (TRUMDOGE), a new Solana memecoin that was launched today, is set to explode over 13,000% in price in the coming days. This is because TRUMDOGE is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Current
Donald Trump Boosts XRP! Ripple CEO Predicts a New Era for Crypto
Ripple CEO Brad Garlinghouse has revealed a significant shift in the company’s hiring strategy, with 75% of its open job positions now based in the United States. Garlinghouse attributed this change to the re-election of Donald Trump, stating, “Whatever you think, the ‘Trump effect’ is reviving the crypto industry.” Ripple Expands Its U.S. Presence Garlinghouse highlighted that, over the past four years, most of Ripple’s hiring was conducted outside the U.S. due to regulatory challenges under fo
Trump Delays Bitcoin Reserve Announcement for Impact
Macroeconomic strategist Luke Gromen has proposed that former President Donald Trump could optimize the management of the cryptocurrency market by delaying his decision on establishing a Bitcoin reserve. Gromen believes that this strategic postponement would mitigate potential market volatility and enhance the government’s fiscal strategies. How Does Timing Affect Bitcoin Reserve Strategy? Gromen pointed out that if Trump were to unveil his Bitcoin reserve plans on the first day of his presidenc
Bitcoin Approaches $100,000, Ethereum Nears $4,000 In An Euphoric Market
Bitcoin continues its bullish momentum for the seventh consecutive day, settling at $99,513 this Monday, while Ethereum consolidates its position above $3,600. This progress comes in a context of growing optimism among institutional investors and expectations related to American regulatory developments. Bitcoin reconnects with its bullish trend after a year-end pullback The crypto market has started 2025 on a positive note at Wall Street. The queen of cryptos appreciated by 1.1% this Monday morn
Peanut the Squirrel’s Owner Takes Legal Action Against Binance Over Trademark Infringement
Mark Longo, the owner of Peanut the Squirrel, a now-deceased influencer pet, filed a legal complaint against Binance, one of the world’s largest cryptocurrency exchanges. The accusation stems from Binance’s alleged unauthorized use of both the “PNUT” trademark and the iconic image of Peanut the Squirrel on its platform. Longo claims that the global exchange violated his intellectual property rights and used these materials without his permission. In a statement shared on his social media account
Explosion or Correction? Bitcoin Poised for a Big Move as It Nears $100,000
Bitcoin reaches $99,562, breaks a key resistance level, and is heading straight towards $100,000! However, what surprise awaits BTC? An increase to $120,000 or an imminent correction to $92,000? Let’s explore the trends and technical outlook together. Bitcoin: A Crucial Resistance Level The resistance at $98,309 played a crucial role in the current trajectory of Bitcoin. On the hourly chart, the BTC was testing this level after bouncing from $97,277, with bullish candles indicating positive mome
Ripple Signs More U.S. Deals in Six Weeks Than in Previous Six Months
Ripple signed more U.S. deals in the last six weeks of 2024 than in the previous six months.CEO Brad Garlinghouse credits regulatory changes and Trump’s election for the company’s U.S. growth.Ripple embraces a U.S.-centric strategy, with 75% of open roles now based domestically. Ripple reported a sharp increase in U.S. deals following the 2024 presidential election. CEO Brad Garlinghouse revealed that the company secured more U.S. deals in the last six weeks of 2024 than it had in the previous s
South Korea’s Exchange Chairman plans to introduce crypto-based ETFs this year
Eun-Bo Jeong, the Chairman of South Korea’s Exchange, has expressed a keen interest in launching crypto-based exchange-traded funds (ETFs) this year, responding to a growing global demand for such financial products. During the Securities and Derivatives Market Opening Ceremony on January 2, Jeong underscored the necessity for innovative financial solutions to rejuvenate South Korea’s capital markets, which have faced significant economic challenges over the past year, including a contracting do