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Solana's Sharp Selloff: Market Correction or Bull Run Reversal?
The cryptocurrency market faced a significant downturn as Solana dropped 20% alongside other major assets. Despite the decline, analysts remain bullish on SOL's fundamentals and technical indicators, projecting potential upside to $500-600 range.
El Salvador and Argentina Form Historic Partnership to Advance Crypto Regulation
El Salvador and Argentina's regulatory bodies have joined forces to develop cryptocurrency frameworks and foster innovation across Latin America. The partnership between the nations' respective commissions aims to facilitate international expansion while maintaining proper oversight of digital assets.
Historic Crypto Crash: Bitcoin Plummets Below $95K, Wiping Out $1.7B in Leveraged Trades
A massive cryptocurrency market correction has triggered $1.7 billion in liquidations, sending Bitcoin tumbling from $100K to $94K. The selloff was sparked by Bhutan's Bitcoin transfers and concerns over Google's new quantum chip, though experts maintain crypto security remains robust.
Bank of England Explores Zero-Knowledge Proofs for Digital Pound Privacy
The Bank of England is investigating privacy-enhancing technologies, including zero-knowledge proofs, for its digital pound initiative. The research aims to give users better control over personal data while maintaining regulatory compliance, with the central bank partnering with MIT's Digital Currency Initiative.
Binance CEO Downplays U.S. Return Despite Trump's Crypto-Friendly Signals
Binance CEO Richard Teng dismisses speculation about re-entering the U.S. market, despite positive crypto signals from the incoming Trump administration. The exchange remains focused on global expansion following its $4.3B settlement with U.S. authorities in 2023.
Amazon Shareholders Push for 5% Bitcoin Investment to Combat Inflation
Amazon shareholders are urging the e-commerce giant to allocate 5% of its $585 billion assets to Bitcoin as an inflation hedge. The proposal follows Bitcoin's $100,000 milestone and cites MicroStrategy's 537% stock outperformance after adding Bitcoin to its treasury.
MicroStrategy's Bold Move: Acquires $2.1B in Bitcoin, Now Holds Over 2% of Total Supply
Business intelligence giant MicroStrategy expands its Bitcoin dominance with a massive 21,550 BTC purchase, bringing its total holdings to 423,650 BTC. CEO Michael Saylor remains bullish despite Bitcoin's surge past $100,000, vowing to continue 'buying the top forever.'
Trump's Crypto Advocacy Energizes Spain's Digital Currency Market
Spain's cryptocurrency sector gains momentum as former President Trump champions digital assets, with major bank Unicaja acquiring stake in crypto platform Bit2Me. Trump's campaign promise to make the US a crypto hub and his personal Ethereum holdings are influencing global markets while fostering institutional adoption.
Google's Quantum Breakthrough: No Immediate Threat to Bitcoin's Security
Google unveils Willow, a revolutionary quantum computing chip capable of solving complex calculations in minutes that would take conventional supercomputers quadrillions of years. Despite the breakthrough, experts assert Bitcoin's encryption remains secure as quantum computers would need millions more qubits to pose a threat.