After agreeing to curtail its ambitious Bitcoin initiatives, El Salvador has reached a $1.4 billion loan arrangement with the International Monetary Fund (IMF). The agreement, which needs the approval of the IMF Executive Board, aims to support El Salvador’s reform agenda, boost fiscal and external sustainability, and create conditions for stronger, inclusive growth. According to
Bitcoin’s price actions in the past few days have been nothing short of a substantial correction that pushed it south by around thirteen grand. It seems Powell’s comments made during the latest FOMC meeting have scared US investors as they pulled over $670 million from the spot Bitcoin ETFs within just a day. After slashing
Bitcoin’s massive rise from under $70,000 to over $108,000 within a month and a half after Donald Trump’s landslide victory in the US presidential elections left some investors outside the circle. However, the ever-volatile nature of BTC always leads to substantial corrections that provide opportunities for those who missed the initial train to get on
Craig Wright, who has repeatedly and falsely claimed to be Bitcoins pseudonymous creator, Satoshi Nakamoto, was handed a one-year suspended sentence in the United Kingdom for five counts of contempt of court. The computer scientist was also fined 145,000, approximately $180,000 for his actions. During a December 19 hearing, Judge James Mellor ruled that the
Reports have emerged that hackers compromised the X account of the newly-established Department of Government Efficiency (D.O.G.E.) co-lead Vivek Ramaswamy. The attack led to a whirlwind of misinformation and market frenzy surrounding the four-month-old USUAL stablecoin project. It started with a now-deleted post initially thought to be from Ramaswamy, announcing a strategic partnership with USUAL
Japanese-listed company Metaplanet announced on December 18 that it will formally run Bitcoin Treasury Operations as a new business line. This move, approved by the firms board of directors, is part of its broader strategy to integrate Bitcoin into its financial framework. The announcement, shared in a post on X, follows a series of shareholder
PENGU, the newly-launched cryptocurrency of the Pudgy Penguins ecosystem, suffered a sharp decline in value a day after it went live. At the time of writing, data from CoinGecko showed that the token had fallen by 57.8% within 24 hours to settle at $0.02892. The highly-anticipated airdrop launched on December 17 saw about 62.8 billion
As the crypto community gears up in anticipation of altcoin exchange-traded funds (ETFs) approvals or rejections in 2025, market analysts believe some assets have a higher chance of being greenlit earlier than others. The Bloomberg analyst Eric Balchunas tweeted that United States regulatory authorities could approve Litecoin (LTC) and Hedera (HBAR) ETFs before allowing issuers
Coinbase has issued a rebuttal to a lawsuit by BiT Global, a Justin Sun-affiliated entity, challenging the exchanges decision to delist Wrapped Bitcoin (WBTC). Paul Grewal, the firms Chief Legal Officer, announced the filing on X, saying that his company had offered its response to BiT Globals effort to stop the delisting of WBTC before
The ongoing bullish crypto market trends triggered by Donald Trumps recent presidential election victory may be shortlived, according to Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX. In his latest article, Hayes noted that the crypto market may face a significant downtrend around January 20th, the same day Trump will be inaugurated
Bitcoin’s (BTC) climb to record levels has lifted the crypto market, and as the year wraps up, it’s sparking strong bullish sentiment for the future. In the backdrop, there has been a significant surge in Tether (USDT) inflows to exchanges. This stablecoin movement aligns with the ongoing crypto bull rally, which has been underway for
Japanese-listed company Metaplanet announced on December 18 that it will formally run Bitcoin Treasury Operations as a new business line. This move, approved by the firms board of directors, is part of its broader strategy to integrate Bitcoin into its financial framework. The announcement, shared in a post on X, follows a series of shareholder
PENGU, the newly-launched cryptocurrency of the Pudgy Penguins ecosystem, suffered a sharp decline in value a day after it went live. At the time of writing, data from CoinGecko showed that the token had fallen by 57.8% within 24 hours to settle at $0.02892. The highly-anticipated airdrop launched on December 17 saw about 62.8 billion
As the crypto community gears up in anticipation of altcoin exchange-traded funds (ETFs) approvals or rejections in 2025, market analysts believe some assets have a higher chance of being greenlit earlier than others. The Bloomberg analyst Eric Balchunas tweeted that United States regulatory authorities could approve Litecoin (LTC) and Hedera (HBAR) ETFs before allowing issuers
Coinbase has issued a rebuttal to a lawsuit by BiT Global, a Justin Sun-affiliated entity, challenging the exchanges decision to delist Wrapped Bitcoin (WBTC). Paul Grewal, the firms Chief Legal Officer, announced the filing on X, saying that his company had offered its response to BiT Globals effort to stop the delisting of WBTC before
The ongoing bullish crypto market trends triggered by Donald Trumps recent presidential election victory may be shortlived, according to Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX. In his latest article, Hayes noted that the crypto market may face a significant downtrend around January 20th, the same day Trump will be inaugurated
Bitcoin’s (BTC) climb to record levels has lifted the crypto market, and as the year wraps up, it’s sparking strong bullish sentiment for the future. In the backdrop, there has been a significant surge in Tether (USDT) inflows to exchanges. This stablecoin movement aligns with the ongoing crypto bull rally, which has been underway for
In Gaza, Israeli troops backed by armed drones have attacked the al-Mawasi refugee camp, which Israel had designated as a so-called humanitarian safe zone. Elsewhere, Israeli strikes have killed at least 10 people in Gaza City, while in northern Gaza, Israel has once again targeted the Kamal Adwan Hospital, knocking out the power generators, deploying
Colorado’s new voter-approved gun initiative has a target unlike those of previous measures meant to reduce gun violence. The tax on guns and ammunition is meant to generate revenue to support cash-strapped victim services, and it’s an open question whether it will affect firearms sales. Use Our Content It can be republished for free. More
ERWIN, Tenn. April Boyd texted her husband before she boarded the helicopter. This story also ran on CBS News. It can be republished for free. So, I dont want to be dramatic, she wrote on Sept. 27, but we are gonna fly and rescue patients from the rooftop of Unicoi hospital. Earlier that day, Hurricane
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