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El Salvador Revokes Bitcoin's Legal Tender Status Under IMF Pressure
El Salvador's congress has approved reforms stripping Bitcoin of its legal tender status to secure a $1.4 billion IMF loan. While no longer official currency, Bitcoin can still be used voluntarily for payments as the country maintains its crypto investments.
Bitcoin Plunges Below $91K Amid Global Market Turbulence and Trump Trade Tensions
Bitcoin experienced a dramatic 7% drop below $91,200, triggering over $200 billion in liquidations amid economic uncertainties and Trump's aggressive trade policies. Despite the downturn, institutional interest from sovereign entities and technical indicators suggest potential for recovery if market conditions stabilize.
Musk's DOGE Department Gains Access to U.S. Treasury Systems for Blockchain Implementation
Elon Musk's newly formed Department of Government Efficiency (DOGE) receives unprecedented access to U.S. Treasury payment systems to implement blockchain solutions for federal spending tracking. The controversial move aims to streamline operations and reduce annual expenditures by $1 trillion by 2026.
Crypto Market Shaken by $555M Liquidation Wave as Bitcoin Dips Below $100K
A massive $555 million crypto liquidation event has pushed Bitcoin below $100,000 and triggered widespread losses across digital assets. Despite the sharp downturn, institutional interest remains strong with MicroStrategy raising funds and market sentiment staying notably optimistic.
Ethereum Price Surge: Analysts Project $4,500 Target by Mid-March
Leading cryptocurrency analysts forecast Ethereum reaching $4,500 by mid-March, supported by technical indicators and institutional interest. BlackRock's recent acquisition of over 24,000 ETH and surging trading volumes signal growing market confidence despite January's price decline.
Genius Group Plans $100M Bitcoin Treasury Expansion Through Rights Offering
AI-powered education company Genius Group aims to boost its Bitcoin holdings to $100 million through a rights offering and loans. The strategic move, offering shareholders discounted shares and additional subscription opportunities, builds on the company's commitment to allocate 90% of reserves to Bitcoin.
Coinbase Acquires Spindl to Boost Web3 User Growth Through On-Chain Advertising
Coinbase has acquired Spindl, an on-chain advertising platform, to help blockchain developers expand their reach through Base network integration. The strategic move aims to address user acquisition challenges while advancing Coinbase's goal of onboarding one billion users to blockchain platforms.
Rich Dad Author Kiyosaki Makes Bold Move: Dumps Gold for Bitcoin
Robert Kiyosaki, author of 'Rich Dad Poor Dad', announces dramatic shift from precious metals to Bitcoin, projecting $250,000 price target by 2025. His decision reflects growing concerns about U.S. monetary policy and signals Bitcoin's increasing legitimacy as a store of value.
Kraken Removes Major Stablecoins from EU Platform to Comply with MiCA Regulations
Cryptocurrency exchange Kraken announces removal of five stablecoins, including USDT, from its European platform by March 2024 to comply with EU's MiCA regulations. The move reflects broader industry adjustments as major exchanges adapt operations to meet new regulatory requirements.