At the Bitcoin MENA conference in Abu Dhabi, key figures from President-elect Donald Trump’s cryptocurrency venture, including Eric Trump and Steve Witkoff, engaged with the crypto industry’s top minds as bitcoin values soared. The event underscored Trump’s commitment to making the U.S. a leading crypto hub.
Türkiye has secured its position as the third-highest nation globally for cryptocurrency ownership, with a 19.3% rate, trailing behind the United Arab Emirates and Singapore. The trend reveals a growing global adoption with 562 million individuals now holding digital currencies, as Asia leads the expansion.
In a groundbreaking move, Tether has minted a staggering 19 billion USDT within a single month, sparking debates over market liquidity and transparency concerns. This action underscores its pivotal role in the cryptocurrency ecosystem but also raises questions on oversight and stability.
The cryptocurrency sector’s valuation soared to $3.67 trillion, led by Bitcoin’s historic rally past $100,000, igniting significant gains in key PoW coins like DOGE, BCH, and LTC. The bullish wave occurred in the wake of Trump nominating Paul Atkins as the potential SEC head, seen as a positive move for the crypto industry.
In a surprising twist, cryptocurrency pioneer Justin Sun ate a piece of art – a banana duct-taped to a wall for which he paid $6.2 million – in a move blending art with blockchain’s unorthodox ethos.
Hong Kong aims to strengthen its position as a global financial hub by introducing tax exemptions on cryptocurrency gains for hedge funds, private equity funds, and specific family offices, in efforts to enhance its wealth management appeal.
Binance CEO, Richard Teng, discusses the impact of Bitcoin ETFs and institutional investments shaping a new phase in cryptocurrency acceptance, predicting widespread adoption by 2025.
State Street’s George Milling-Stanley questions Bitcoin’s impact on gold investment, stressing gold’s enduring stability compared to the high-risk crypto market.
Dive deep into the 2025 projections for $BONK, $PEPE, and $XRP, exploring their potential to revolutionize the crypto space with their unique offerings, from meme-driven value to tangible utility in global finance.
The USD/JPY pair has experienced a sharp decline in the value of the yen as optimism surrounding President Trump’s election victory boosts the dollar. Despite the Bank of Japan’s move towards rate hikes, concerns about a weakening yen and the future of US interest rates have brought market volatility into sharp focus. As officials call for rate hikes to support the yen and new US data impacts Fed rate predictions, the currency pair hits new milestones.
