
China Warns Against Bitcoin Risks Despite Crypto Trading Ban
Chinese state media outlet Economic Daily cautioned investors about Bitcoin risks amid the crypto’s price rally, as China maintains its ban on crypto trading and services.
Chinese state media outlet Economic Daily cautioned investors about Bitcoin risks amid the crypto’s price rally, as China maintains its ban on crypto trading and services.
A South Korean court has jailed a crypto scammer for 5 years for stealing over $1.6 million worth of crypto from an AfreecaTV broadcasting star through an elaborate scheme involving fake Bitcoin wallets and investment promises.
The messaging app Telegram will split ad profits 50/50 with channel owners starting in March, using TON blockchain and its token Toncoin for seamless crypto payouts.
As Ethereum breaks $3k and Chainlink investors diversify decentralized e-commerce platform Pushd gains momentum in presale for its blockchain transformation of online shopping.
Crypto mining firm Marathon Digital introduced Anduro, a new Bitcoin layer-2 platform focused on supporting sidechain development while allowing miners to earn extra income.
Renowned economist Peter Schiff has sparked controversy after calling Bitcoin “digital anti-gold,” rejecting the idea that it is digital gold. He argues Bitcoin is a bet against gold and inflation hedge, not a store of value. The crypto community strongly disagrees.
A 40-year market veteran predicts Bitcoin could surge to $305,000 by 2025, nearing gold’s $6 trillion monetary value, as BTC taps $86,000 again on its way to surpass its former $93,000 record price.
Rising Bitcoin prices are attracting speculators back to the market, with short-term holders and institutions driving up exchange activity and open futures interest.
JPMorgan believes Bitcoin halving and Ethereum upgrade are priced in, sees only 50% chance of SEC approving spot Ethereum ETFs in May.
Bitcoin has climbed above $55,000, extending its 2024 bull run amid positive developments like Trump softening his stance and MicroStrategy acquiring more BTC.