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Russian Firms Embrace Bitcoin for Global Trade Amid Western Sanctions

Russian Finance Minister Anton Siluanov revealed on Wednesday that domestic firms are now utilizing Bitcoin and other digital assets for international payments, which is enabled by recent legislative adjustments designed to offset Western sanctions. It is important to note that these sanctions have posed challenges to Russia’s trade with significant partners such as China and […]

Matador Technologies Adds Bitcoin to Treasury Amid Diversification Push

Canadian crypto firm Matador Technologies announced a major shift in its capital preservation strategy this week after its Board of Directors unanimously approved the addition of Bitcoin and USD-denominated assets to its corporate treasury. The goal behind this decision is to mitigate risks associated with the company’s reliance on Canadian dollar-denominated assets, which marks a […]

Bank of Italy Calls Bitcoin P2P Services ‘Crime-as-a-Service’ Amidst Growing Acceptance

While major institutions worldwide are gradually embracing Bitcoin, recognizing its potential as a transformative asset and even integrating it into their corporate treasuries, the perception of the cryptocurrency remains far from universally positive. Amid this growing institutional adoption, the Bank of Italy has taken a notably critical stance. In its Economic and Financial Occasional Paper, […]

Binance Backs Bitcoin Payment Pilot Proposal in Thailand

Thailand is considering a potential Bitcoin pilot project, proposed by former premier Thaksin Shinawatra, to be tested in Phuket as a tourism-focused sandbox. The proposal has received support from the Binance Thailand CEO, who sees it as a positive step for the country’s competitiveness and ability to attract tech-savvy visitors. However, despite efforts from industry […]

Rich Dad Robert Kiyoaski: Best Bet in a Boom or Bust Economy Is Bitcoin

The economy is chugging along nicely, with real GDP rising in the third quarter over the second quarter of 2024. That’s according to data from the US Bureau of Economic Analysis. Kiyosaki warned on Sunday, however, that the economy could plunge into a depression next year. “Global crash has started. Europe, China. USA going down. […]

SHIB Flashes Buy Signal According to the Same Indicator That Predicted DOGE’s Rebound

TL:DR; Shiba Inu’s largest native token is among those that failed to produce a new all-time high in the current cycle and even plummeted hard since December 8’s peak. However, some technical indicators are now suggesting that the asset’s real breakthrough could be just around the corner. SHIBUSD. Source: TradingView Alongside the rest of the […]

Ethereum Price Analysis: Is ETH Doomed to Slump to $3K After Getting Rejected at $4K?

Ethereum’s price has failed to make its way toward a new record high and is currently experiencing bearish price action, leaving market participants worried that the bull run might be over. The asset now remains below $3,500, which has turned into a key resistance line. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On […]

BetFury x PancakeSwap Partnership: $20K BFG Syrup Pool, $50K Trading Competition & More

[PRESS RELEASE – Curaçao, Fergusonweg, December 24th, 2024] BetFury transferred $750,000 of liquidity to PancakeSwap, making the leading DEX the primary liquidity holder for BFG tokens. This collaboration introduces the BFG-CAKE Syrup Pool, a time-limited Trading Competition, CAKE integration in BetFury Futures, and more. Additionally, BetFury has launched a special CAKE Staking Pool exclusively for […]