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A collection of 12 posts

El Salvador’s Bitcoin Experiment Struggles as 89% of Registered Businesses Are Inactive

El Salvador’s Bitcoin Experiment Struggles as 89% of Registered Businesses Are Inactive

In a striking development from El Salvador’s Central Reserve Bank (BCR), a remarkable 89% of registered Bitcoin service providers in the country are currently non-operational. This finding casts doubt on the success of El Salvador’s bold Bitcoin adoption strategy, which captured global attention in 2021 when the nation

Corporate Bitcoin Holdings Soar in Q1 2025 Bitwise Report Reveals Growing Adoption Trend

Corporate Bitcoin Holdings Soar in Q1 2025 Bitwise Report Reveals Growing Adoption Trend

The latest Q1 2025 report from Bitwise paints a clear picture of a significant shift in the corporate world as more public companies embrace Bitcoin as a treasury asset. According to the data, 79 public companies now hold a combined total of 688,000 Bitcoins, valued at approximately $57 billion.

New Study Reveals 55 Million U.S. Adults Embrace Cryptocurrency in Everyday Life

New Study Reveals 55 Million U.S. Adults Embrace Cryptocurrency in Everyday Life

A new report released today by the National Cryptocurrency Association (NCA) sheds light on the widespread adoption of digital assets across the United States. Titled the 2025 State of the Crypto Holders Report, this study stands as the largest of its kind, surveying 10,000 American cryptocurrency users in collaboration

Crypto Trading Volumes Hit $18.83 Trillion in 2024, Yet Fall Short of 2021’s Record High

Crypto Trading Volumes Hit $18.83 Trillion in 2024, Yet Fall Short of 2021’s Record High

The crypto space in 2024 was a whirlwind of activity, with trading volumes across the top 15 centralized exchanges reaching an impressive $18.83 trillion. That’s a hefty jump from the $8.05 trillion recorded in 2023, marking a growth of over 134%. Binance led the pack as the

Bitcoin Mining Boosts US Economy by $4 Billion, Creates 31,000 Jobs

Bitcoin Mining Boosts US Economy by $4 Billion, Creates 31,000 Jobs

Bitcoin mining, often criticized for its environmental footprint, is now making headlines for its significant economic contributions to the United States. A comprehensive analysis by the Perryman Group, commissioned by key crypto advocacy groups like the Digital Chamber of Commerce and the Texas Blockchain Council, highlights the industry's

Tether Breaks Records with $13 Billion Profit and Bitcoin and Gold Holdings

Tether Breaks Records with $13 Billion Profit and Bitcoin and Gold Holdings

Tether's 2024 financial performance is nothing short of amazing, showcasing the stablecoin giant's dominance in the crypto space. The company reported $13 billion in net profits for the year, fueled in part by its strategic investments in Bitcoin and gold, which alone contributed $5 billion in

BlackRock Report Says Crypto Has Surpassed Growth of Mobile Phones and Internet

BlackRock Report Says Crypto Has Surpassed Growth of Mobile Phones and Internet

In a new report, BlackRock, the asset management company overseeing $10 trillion, has said that the growth trajectory of cryptocurrencies has exceeded that of both mobile phones and the internet. The report highlights that the crypto sector has now attracted 300 million users worldwide, a milestone reached in just 12

Fidelity Predicts Governments Will Invest in Bitcoin Next Year

Fidelity Predicts Governments Will Invest in Bitcoin Next Year

Fidelity Investments, a firm managing assets worth $5.4 trillion, has declared that 2025 might see significant government involvement in Bitcoin. The financial giant suggests that nation-states and central banks are on the brink of becoming the next major investors in this cryptocurrency, reflecting a shift towards recognizing Bitcoin as

Crypto Market Soared to $3.91 Trillion in 2024 According to Binance Research

Crypto Market Soared to $3.91 Trillion in 2024 According to Binance Research

The cryptocurrency market in 2024 wasn't just another blip on the financial radar; it was a monumental rise to a record-breaking $3.91 trillion market cap, as reported by Binance Research. This surge wasn't just numbers on a screen; it was a clear sign of Bitcoin&

Bitcoin's 2025 Bull Market Faces Quantum and Policy Hurdles, Warns Matrixport

Bitcoin's 2025 Bull Market Faces Quantum and Policy Hurdles, Warns Matrixport

The cryptocurrency landscape is full of predictions for next year, but few carry the weight of those from Matrixport, a firm co-founded by Jihan Wu, a noted figure in the crypto industry. As we edge towards 2025, Matrixport's latest analysis, posted below, injects a dose of caution into

Report Reveals One Third of South Korea Now Holds Cryptocurrency

Report Reveals One Third of South Korea Now Holds Cryptocurrency

The crypto fever in South Korea has reached extraordinary levels, with a staggering one in three citizens now holding digital currencies. This surge reflects a broader trend of increasing acceptance and enthusiasm for cryptocurrencies, propelled by recent political developments and a general optimism in the market. The Bank of Korea

Report: US, China, and UK Dominate in Scam and Failed Crypto Projects

Report: US, China, and UK Dominate in Scam and Failed Crypto Projects

A recent study by 5Money and Storible paints a stark picture of the crypto landscape. From January 2022 to October 2024, the United States, China, and the United Kingdom have emerged as the leading nations in both scam and dead crypto project launches, attracting global attention to the underbelly of