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Brazil is set to make waves in the global financial landscape with a groundbreaking proposal to incorporate Bitcoin into its sovereign reserves. Spearheaded by Congressman Eros Biondini on 25 November 2024, the proposed Sovereign Strategic Bitcoin Reserve (RESBit) legislation aims to allocate up to

Donald Trump's return to the office will herald a new era in US crypto policy, as seen in the talks of granting full crypto oversight to the Commodity Futures Trading Commission (CFTC) which is likely to erode some of SEC’s power. Former CFTC Chairman Chris Giancarlo told Fox Business that “adequa

Bitcoin may re-approach the $70,000 mark if its correlation with the global money supply persists, as highlighted by an industry analyst. Joe Consorti, head of growth at Theya Bitcoin and noted Bitcoin analyst, emphasized in a November 26 post on X that this relationship has so far shown remarkable

Bitcoin (BTC) on-chain activity reached new heights this week as it tried to cross the $100,000 mark but took a dip due to price correction. The IntotheBlock Data revealed that there has been a shift in the long-term activity of BTC. On Tuesday, on-chain analysts underlined that daily active addres

Bitcoin (BTC) has finally entered its price correction phase after surging 45% in the last 30 days as it went below $93,000 on Tuesday, November 26. Now the question remains how low will it drop? Bitcoin went down to $92,775 when the markets opened today. This price drop takes it to a six-day low p