“`html Drivers of Bitcoin’s valuation in 2025 Bitcoin has already attained significant highs that very few anticipated. The details on the current factors contributing to its all-time high are still being finalized.One of the primary catalysts was the launch of spot Bitcoin exchange-traded funds (ETFs) in early 2024, like BlackRock’s iShares Bitcoin Trust ETF. By mid-2025, US Bitcoin ETFs had gathered $14.8 billion in net inflows, with BlackRock’s ETF alone accumulating over $1.3 billion within just two days. Additionally, US President Donald Trump’s executive directive to form a Strategic Bitcoin Reserve in March 2025, funded with around 200,000 Bitcoin (BTC), conveyed…
Autore: wsjcrypto
“`html LANDBANK bolstered its position as a vital facilitator of hassle-free and cashless travel with the successful pilot rollout of the Department of Transportation’s (DOTr) Automated Fare Collection System (AFCS) for MRT-3 on July 25. With the AFCS, MRT-3 patrons can now enjoy a smooth commuting experience by merely tapping their debit, credit, or prepaid Europay, Mastercard, and Visa (EMV) cards at enhanced turnstiles. This provides a quicker and more user-friendly option compared to single-journey tickets and stored-value cards, signifying a transition towards secure, uninterrupted, and real-time transport payments. The ceremonial signing of the Memorandum of Agreement (MOA) and live…
“`html Trusted Editorial material, assessed by prominent sector specialists and experienced editors. Ad Disclosure As stated by a senior Moscow legislator, the number of officially recognized cryptocurrency mining enterprises surged from merely 91 at the beginning of 2024 to more than 1,000 today. This significant increase follows a law enacted in the fall of 2024 mandating that anyone utilizing over 6,000 kWh of electricity each month must register with the Federal Tax Service (FTS). According to information from the Russian publication RBC, members of parliament claim that “white” miners now significantly outnumber their unregistered equivalents. Surge In Registered Mining Companies…
El Salvador’s Bitcoin (BTC) holdings have had minimal influence on the wider community, and the nation’s agreement with the International Monetary Fund (IMF) might further hinder its Bitcoin plans, as stated by Quentin Ehrenmann, the general manager at My First Bitcoin, a non-profit organization (NGO) aimed at promoting Bitcoin adoption.Ehrenmann informed Reuters that revoking the Bitcoin legal tender statutes under the IMF arrangement has resulted in a gap in public BTC education or government-driven adoption efforts. In a translated comment, he conveyed to the news agency:“Since the government has engaged in this pact with the IMF, Bitcoin is no longer…
“`html DigitalX Limited, an Australian digital investment management firm, has garnered attention with a recent Bitcoin (BTC) purchase, indicating renewed institutional trust in the market. The ASX-listed cryptocurrency fund manager has boosted its Bitcoin holdings by an impressive 74.7 BTC, representing a notable enhancement to its pre-existing assets. DigitalX Acquires 74.7 BTC In a recent post on X social media post dated July 23, DigitalX affirmed the increase of 74.7 BTC to its treasury. The acquisition, executed at an average cost of $117,293 per BTC, underscores the company’s unwavering dedication to its Bitcoin-oriented strategy. This latest acquisition has elevated the…
“`html Even the smallest entities can create a significant impact in the business realm. Such seems to be the situation with San Carlos City in the province of Pangasinan. While it is regarded as the least expansive city in Pangasinan by land area, it possesses the highest population. This results in a plentiful array of opportunities for the local government alongside corporate investors and entrepreneurs such as Wilcon Depot. Why San Carlos City? Data indicates that in just the last five years, the advancements in San Carlos City have been markedly notable. The growth has been rooted in infrastructure improvements,…
The XRP value decreased by 10% as large holders liquidated their assets and broader market sell-offs affected the altcoin. Source link
“`html Perspective by: Angie Darrow, chief marketing officer and chief ecosystem communications officer at Web3 FoundationWhen a brief data cloud interruption can disrupt the worldwide financial framework — as the AWS Tokyo incident illustrated in April — there’s a significant flaw with the infrastructure that supports today’s data economy.In the early hours of April 12, Amazon Web Services (AWS) encountered a “connectivity problem” at its Tokyo facility. The outage endured only 36 minutes, but the aftershocks were instantaneous. When AWS stumbles, the structure of the global economy also shakes. It’s not merely our assets or currency at stake.This same vulnerability…
“`html Trusted Editorial material, evaluated by prominent industry authorities and experienced editors. Ad Disclosure The International Monetary Fund has firmly addressed the recent wave of speculation regarding El Salvador’s Bitcoin approach, informing journalists that the Central American country has not augmented its sovereign reserve. Apparent increases in the Strategic Bitcoin Reserve Fund (SBRF), the IMF stated, simply illustrate “transfers between various government-owned wallets” and maintain the nation’s overall situation unchanged. Is El Salvador Merely Moving Bitcoin Wallets? IMF Communications Director Julie Kozack provided the clarification during a standard press briefing on Thursday, answering a question from Inner City Press reporter…
The upcoming State of the Nation Address (SONA) is only a few days away. The House of Representatives is anticipated to be at full capacity as President Ferdinand R. Marcos Jr. presents his overview to the nation. His address is likely to underscore his administration’s significant accomplishments, which is typically the case with SONAs. However, numerous Filipinos might also be seeking a more robust dedication to tackling the nation’s most urgent and unresolved concerns, particularly now that he is midway through his term. In this B-Side episode, we engage with political analyst Michael Henry Ll. Yusingco, Senior Research Fellow at…