Tag: Bitcoin
El Salvador reforms its Bitcoin Law to secure a $1.4 billion IMF loan.
Bitcoin acceptance becomes voluntary, stripping its mandatory legal tender status.
Despite changes, El Salvador continues to accumulate Bitcoin.
El Salvador’s Bitcoin Law Overhaul
El Salvador’s Congress passed a significant reform to its Bitcoin Law, aligning with the International Monetary Fund’s (IMF) conditions for a $1.4 billion...
Trump Media Launches TruthFi
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Trump Media launches TruthFi, a fintech venture.
$250 million investment aimed at Bitcoin, ETFs, and more.
Strategic partnership with Charles Schwab.
Focus on enhancing financial services for “American patriots.”
What is TruthFi?
Trump Media & Technology Group (TMTG) has announced the launch of TruthFi, a fintech platform designed to cater to a diverse array of investment opportunities. This initiative...
Bitcoin from $70K to $250K Arthur Hayes’ Insights
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Arthur Hayes predicts Bitcoin might fall to $70,000 in the short term.
A “mini financial crisis” could precede Bitcoin’s climb to $250,000 by year-end.
Hayes’ analysis considers macroeconomic trends and potential Fed policy changes.
Bitcoin’s Expected Dip: A Necessary Correction?
According to Arthur Hayes, former CEO of BitMEX, Bitcoin could be in for a significant dip, possibly reaching as...
Bitcoin Dips Below $100K Amid DeepSeek AI Turmoil
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Crypto Market Analysis: January 28, 2025
The cryptocurrency market is grappling with significant turbulence, with Bitcoin (BTC) falling below the critical $100,000 mark before recovering slightly to $102,383. This decline was triggered by a combination of factors, including the rise of China’s DeepSeek AI, fraudulent tokens exploiting its name, and record outflows from Bitcoin ETFs.
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Bitcoin Price DropBitcoin’s...
Bitcoin Falls Below $99K
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Bitcoin falls below USD $99,000 for the first time since Trump’s inauguration.
Over USD $870 million in cryptocurrency liquidations due to loss of $100,000 support.
AI development in China and upcoming Fed meeting contribute to bearish market sentiment.
Altcoins like SOL and DOGE suffer significant losses, dropping over 10% in 24 hours.
Bitcoin’s Tumble Below $99,000
For the first time since Donald...





