Author: cointechies

A proposal to legalize Bitcoin aims to reshape Syria’s financial future. Syria, a country still recovering from the fall of the Assad government, is preparing for a drastic financial reform: the legalization of Bitcoin (BTC). To combat inflation, stabilize the country’s economy and attract foreign investment, the Syrian Center for Economic Research has put forward a bold plan that calls on the interim government to accept BTC and other digital currencies. After decades of war and economic destruction, the country now faces the daunting task of reconstruction. To give the currency much-needed stability, the plan is to digitize the Syrian…

Bitcoin – photo illustration by Omar MarquesSOPA Images/LightRocket via Getty Images As we enter 2025, Bitcoin price will be the center of attention for investors and analysts. After a sharp rise in 2024 that saw Bitcoin break through $100,000, experts are predicting its potential value by the end of 2025. Predictions vary, with estimates ranging from $75,000 to $250,000 and driven by institutional acceptance, regulatory developments and macroeconomic trends are influenced. Institutional and retail launch The approval and growth of US spot Bitcoin exchange-traded funds have fueled Bitcoin’s recent rise. BlackRock’s ETF, now the fastest growing in history, has simplified…

As banks prepare to issue stablecoins for payments, 2025 could mark a turning point for stablecoin adoption, predicts Haseeb Qureshi of Dragonfly Capital. According to Haseeb Qureshi, managing partner of Dragonfly Capital, stablecoins will revolutionize payments for small and medium-sized businesses in 2025, moving from trading and speculation to real-world use cases such as instant settlement. In a Jan. 1 post on He suggested that regulatory clarity could pave the way for the U.S. to launch bank-issued stablecoins by year’s end. Still, Dragonfly Capital’s managing partner doesn’t anticipate major disruption for established issuers like Tether (USDT), which he believes will…

In South Korea’s busy markets, where cryptocurrency trading often peaks, XRP has taken the lead, even eclipsing the mighty Bitcoin in trading volume. On platforms like UpBit and Bithumb, XRP’s dance with the Korean won has been nothing short of spectacular, with trading volume reaching over $800 million in just one day. At UpBit, a whopping $600 million was traded in XRP alone, while Bithumb wasn’t far behind with over $200 million. In contrast, Bitcoin trading was subdued, with volumes on these exchanges less than half of XRP volumes. Interest in other cryptocurrencies such as Dogecoin or Ethereum seemed almost…

Shiba Inu (SHIB) ended 2024 on a strong note, consolidating above a key breakout level and fueling optimism for a significant rally in the coming months. According to analyst Javon Marks, SHIB is showing “textbook bullish signals” on shorter time frames, suggesting that bullish momentum is imminent. Notably, Shiba Inu is trading at $0.00002108, up 2% from the last day. Shiba Inu shows “textbook bull signals” In his analysis, Marks noted that SHIB recently broke out of a long-term resistance trend line. Notably, this breakout resulted in Shiba Inu reclaiming a seven-month high of $0.00003329 in the first week of…

A significant shift is underway in the South Korean cryptocurrency market, where XRP trading volume has dwarfed that of Bitcoin and Ethereum. The XRP price predictions are heating up. The largest stock exchanges in the country – UpBit, BithumbAnd Korbit – reported a whopping $800 million in XRP trading volume in the last 24 hours. Alone on UpBit XRP Volumes reached $600 million, while Bithumb recorded over $200 million. For comparison, Bitcoin trading activity on these platforms was less than half that of XRP, with Dogecoin and Ethereum lagging even further behind. XRP price predictions for 2025 are heating up…

Illegal crypto advertising remains widespread as the FCA struggles to crack down, data shows. Britain’s Financial Conduct Authority has failed to remove all illegal crypto ads as nearly half of reported promotions are still online, the Financial Times has learned, citing data obtained through a Freedom of Information request. Between October 2023 and October 2024, the FCA issued over 1,700 warnings about illegal crypto advertising, apps and websites. However, less than 55% were demolished. The report notes that the FCA has the power to penalize or prosecute companies that breach new rules that require crypto advertising approval from the regulator…

The Swiss law firm has launched a proposal to include Bitcoin in Switzerland’s national reserves. The initiative was proposed by a coalition of ten Swiss crypto advocates, including Giw Zanganeh, vice president of energy and mining at Tether, and Yves Bennaïm, founder of Swiss think tank 2B4CH. It needs 100,000 signatures to advance a constitutional amendment requiring the Swiss National Bank to hold Bitcoin alongside gold as part of its foreign reserves. The proposal was originally submitted on December 5th and was officially registered in the Federal Gazette of Switzerland on December 31st. This marks the start of an 18-month…

Europol, the European Union (EU) law enforcement agency, has carried out an interstate raid and uncovered a complex network of bankers allegedly involved in crypto crime. According to Europol officials, these fraudulent actors were involved in large-scale money laundering operations for criminal activities such as drug trafficking and arms smuggling. The main aim of the operation was to stop the hidden financial services that supported criminal groups across Europe and beyond. Nine suspects were arrested in this operation. The suspects were experts in banking services. Europol’s joint operation covered six countries. The operation required teamwork between organized crime and financial…

January 7th could mark a turning point as Usual plans to activate the token fee switch for real value sharing. Real-world asset stablecoin protocol Usual (USUAL) recently hinted at the activation of its token fee swap. The era of fee changes begins.2025 marks a turning point for DeFi: real value, real distribution.Prepare your USUAL for January 7th.A new year, a new standard. Let’s make 2025 the year of THE USUAL. pic.twitter.com/kXQXTrinjK– Usual (@usualmoney) January 1, 2025 This announcement comes at a crucial time for USUAL as the protocol’s market performance has recently declined significantly. USUAL 1D price chart | Source:…