Turkey is preparing to implement a stricter regulatory framework for cryptocurrencies, with new anti-money laundering (AML) measures set to come into effect on February 25, 2025.
These regulations seek to mitigate the use of digital assets in illicit activities such as money laundering and terrorist financing, marking a significant change in the crypto environment of one of the largest markets globally.
Solana founder celebrated a recent achievement in a private way
Today, the multipurpose blockchain Solana has reached a new milestone and its founder, Raj Gokal, celebrated it in a curious way. It is important to note that this network is one of Ethereum's main rivals in the world of decentralized finance. In addition, its token is among the largest in market capitalization worldwide.
According to data from Artemis, the network reached a new all-time high of 72.8 million daily transactions ov
Larry Ellison: The Visionary Leading Oracle's New Era
Larry Ellison has had one of the best years of his career, establishing himself as a key figure in the global technology industry.
Thanks to the impressive rally in Oracle's stock, the company's co-founder has increased his fortune by approximately $75 billion, making him the third richest man in the world, according to Forbes.
A historic rally on Wall Street
2024 marked Oracle's biggest stock growth since 1999, during the dot-com boom.
Mark Zuckerberg sells $153 million worth of Meta shares, netting more than $2 billion this year
Mark Zuckerberg, co-founder and CEO of Meta Platforms, recently completed a $153 million stock sale in the company. This move brought its total stock sales in 2023 to over $2 billion, an impressive figure that matches the all-time high reached by Meta stock this year.
This performance reflects both the company's financial strength and investors' confidence in its business model.
Cleanspark to raise $550 million via note issue, but won't buy Bitcoin
Bitcoin mining giant Cleanspark has announced a round of capital raising through the issuance of debt. Notably, the firm emulates its rivals MARA and RIOT in privately issuing convertible notes to select investors. However, the company will not be purchasing Bitcoin with these funds.
Basically, the capital raised will be injected for other purposes. This is a decision that contrasts with its rivals, which announced massive
Millions of dollars in cryptocurrencies flow into Donald Trump's inauguration
Millions of dollars in cryptocurrencies flow into Donald Trump's inauguration
Donald Trump, the new President of the United States, will officially take office on January 20, in an inauguration ceremony that aims to be global thanks to the presence of numerous international leaders. The tycoon intends to make his return to office a grand event and to do so he already has the support of the big technology companies.
Indeed, businesses and tycoons are showing their unconditional support for futu
Peter Schiff has an alternative to strategic reserves in Bitcoin Renowned investor and financial analyst Peter Schiff has put forward an idea to counter Donald Trump's Bitcoin strategic reserve plan. As is well known, the expert is one of the biggest detractors of cryptocurrencies and constantly calls for their ban. The latter has made him one of the most popular arch-enemies of the crypto community. In a recent post on X, the investor suggested that instead of adding BTC to the country's reserv
Altcoin season moves forward after BTC fails to break $100K
Bitcoin's performance against the rest of the cryptocurrency market assets has deepened over the past few days. This lagging performance has caused the crypto world to enter an altcoin season that is becoming more and more pronounced. Is a bull run coming among altcoins?
According to data from Blockchaincenter.net 's index , altcoin season started a few days ago when BTC started losing ground. Altseason is determined by the performanc
The political situation in South Korea is extremely uncertain following the recent martial law attempts. The current war between the executive and legislative branches could lead to a civil conflict with unpredictable consequences. This volatile scenario leads to a growing interest from investors in reserve assets such as Bitcoin.
The context:
Although the Cold War ended 34 years ago with the fall of the Berlin Wall, that reality never applied to
Bitcoin ETFs recorded $2.5 billion in inflows this week
This week, the cryptocurrency market experienced one of the most significant rallies in its history. The reason for this is that the price of BTC reached the milestone of $100K per coin. In that context, Bitcoin spot exchange-traded funds (ETFs) saw positive flows of $2.5 billion.
This is a hugely positive development, as it demonstrates the enormous confidence of Wall Street wallets in the future of BTC. This enthusiasm for the token was
What does the US government's $1.92 billion Bitcoin move mean?
The cryptocurrency market is once again on alert following Arkham Intelligence’s announcement regarding the movement of $1.92 billion worth of Bitcoin (BTC) by the US government to a new address. This massive transfer has sparked speculation and concerns in the community as it could have significant implications for the Bitcoin market.
Details of the movement
According to Arkham’s report, the destination address is bc1q0av33ktzrkj
A rebound in Chinese manufacturing? Keys to stimulus-driven growth
Manufacturing activity in China continues to show signs of recovery, especially among small and medium-sized enterprises, thanks to recent economic stimulus measures implemented by the government.
According to the Caixin/S&P Global Purchasing Managers' Index (PMI), the index reached 51.5 in November, beating the 50.5 expectation in a Reuters poll. This is the second consecutive month that it has remained above the 50 threshold,
Trump tariffs impact: Auto industry faces multi-trillion dollar risks
The auto industry could take a financial hit if the United States imposes new import tariffs on vehicles from Europe, Mexico and Canada.
According to a report by S&P Global, these tariffs could reduce the combined core earnings of major European and US manufacturers by up to 17%, threatening their financial stability and credit rating.
Elon Musk pide eliminar el CFPB, ¿qué implica esto para el sector financiero?
El multimillonario Elon Musk, asesor clave de la administración entrante de Donald Trump, ha generado controversia al solicitar la eliminación de la Oficina de Protección Financiera del Consumidor (CFPB). En su plataforma social X, Musk declaró: «Eliminar el CFPB. Hay demasiadas agencias regulatorias duplicadas».
Context of the controversy
Musk's comment comes after venture capitalist Marc Andreessen appeared on Joe Rogan's podcast, where he harshly criticized the CFPB for allegedly "bullying financial institutions" and blocking startups trying to compete with big banks.
Andreessen said the CFPB has acted to “chastise” entrepreneurs in sectors like cryptocurrencies by pressuring banks to shut down their accounts. These accusations reflect concerns in the crypto and fintech industries about over-regulation.
CFPB Actions
Under Rohit Chopra, the CFPB has imposed sanctions on several financial technology companies accused of deceptive practices.
In 2021, it shut down online lender LendUp, backed by big names in Silicon Valley, for “illegally misleading its customers.” However, the CFPB has also taken steps to protect conservative Christian groups from forced bank account closures, underscoring its role as an impartial regulator.
Political and economic implications
Musk, alongside Vivek Ramaswamy, will lead the Department of Government Efficiency (DOGE), a private council designed to reduce federal spending. Both have promised to streamline bureaucracy, which could benefit Musk's companies, such as X, which is seeking licenses to operate as a payments platform.
On the other hand, figures such as Mick Mulvaney, former director of the CFPB, support the elimination of the agency, calling it a “duplicative layer of supervision.” However, critics warn that such a measure could weaken consumer protection at a time when supervision of the financial sector is crucial.
What future awaits central bank digital currencies?
Initial enthusiasm for central bank digital currencies (CBDCs) is rapidly waning, according to a recent report from OMFIF’s Digital Currency Institute (DMI).
An annual survey revealed that only 13% of central bankers consider CBDCs a promising solution for cross-border payments, a notable decline from 31% last year. Furthermore, only 10% are still developing the concept, compared to 21% in 2022.
Ethereum Takes the Lead: Why Are Investors Rotating Out of Bitcoin?
Over the past few days, capital flows have started to shift from Bitcoin (BTC) towards Ethereum (ETH), marking a change in investor preferences. According to analysts, Ethereum derivatives markets are showing strong optimism, suggesting a short-term bullish momentum for the second-largest digital asset by market cap.
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Ethereum gains traction in the market
Price Increase : Over the past 24 hours, Ethereum has risen 4.5% to $3,480, while Bitcoin has seen a 1.6% decline to $94,800.
Open interest at all-time highs : Open interest in Ethereum hit new highs over the weekend, accompanied by a rise in implied volatility and increased demand for call options, according to a report from Wintermute.
Derivatives boost Ethereum rally
Demand for call options : Options contracts with close expirations show a positive bias towards purchases. The December option spreads, with strike prices between $3,600 and $5,000, stand out as favorites among traders.
Rotation into altcoins : This optimism has also boosted ERC-20 tokens, such as the Pepe memecoin, which is up more than 54% in the past two weeks, according to Wintermute. Layer 2-based platforms have seen a surge in interest in these tokens, supported by Ethereum’s rally.
Bitcoin struggles to break $100,000
Psychological resistance : Despite massive inflows into Bitcoin ETFs, a “sell wall” at $100,000 has halted its advance, leaving room for investors to explore other opportunities.
Dominance on the decline : Bitcoin’s market dominance has fallen from 62% to 59% over the past week, reflecting a rotation towards Ethereum and other digital assets.
Short-term outlook
Ethereum bullishness : According to QCP Capital, Ethereum could continue to lead the market while Bitcoin remains sideways until December. President-elect Donald Trump’s pro-crypto policies, which will come into effect after his inauguration in January, could be a catalyst to revive interest in Bitcoin in the medium term.
Elon Musk reaches $348 billion: the largest fortune in history after Trump's election
Elon Musk, CEO of Tesla, SpaceX and X (formerly Twitter), has reached an all-time high for his personal fortune, surpassing $348 billion, according to a recent analysis. This milestone marks a new all-time high for Musk, surpassing his previous record from November 2021, thanks to a political and economic context that has boosted the value of his companies.
Factors that boosted his wealth
1. Tesla leads stock market growth : Tesla shares have experienced a strong rally, pushing the company's market capitalization past $1 trillion for the first time since 2022. This growth is attributed to expectations of deregulation and favorable policies toward clean technologies under the Donald Trump administration.
2. SpaceX and space leadership : SpaceX continues to establish itself as a leader in the aerospace industry, securing key contracts and making significant progress on its Starship program. Rising demand for its Starlink satellite network has also contributed to its rising valuation.
3. Expansion into artificial intelligence with xAI : Musk has diversified his portfolio with xAI, his artificial intelligence company, which has also increased its value in a context of high demand for advanced technological solutions.
4. X Monetization (Twitter) : The innovative strategies implemented in X are beginning to show positive results, recovering key advertisers and improving the user experience.
Impact of Trump's election
Donald Trump's election as US president has been a major catalyst for Musk's fortunes.
Pro-crypto policies and deregulation : Trump has promised to eliminate regulations and support disruptive technologies, which directly benefits Musk's companies.
Strategic influence : Musk has been appointed as a key advisor for administrative reform, increasing his ability to influence policies related to his businesses.