Here’s why OKB price spiked 20% today
OKB token surged more than 20% to hit highs of $61.29 on Jan. 17. The altcoin, native to the OKX exchange, rose as the community reacted to news around Azuki’s Animecoin (ANIME). OKB registered a price surge 20% higher. The price surge follows OKX adopting OKB as the primary token for mining Animecoin which is […]
Trump to make crypto a priority with executive order
President-elect Donald Trump could sign the executive order on January 20 when he’s sworn in The order may also create a crypto advisory council People familiar with the matter said the order isn’t final and could change before it’s made public US President-elect Donald Trump is reportedly planning to sign an executive order designed to […]
Oklahoma introduces strategic Bitcoin reserve act
Oklahoma joins Texas, Pennsylvania, Ohio, New Hampshire and North Dakota in having Bitcoin reserve proposals. State savings accounts and pension funds will have the nod to invest in BTC if the bill passes. Oklahoma is the latest US state to eye a strategic Bitcoin reserve after Rep. Cody Maynard officially introduced a ‘Strategic Bitcoin Reserve […]
iDEGEN fires on all cylinders as Bitcoin, Ethereum struggle
Bulls remain in control of the broader cryptocurrency market as investors’ optimism remains pegged on crypto-friendly policy measures, heightened adoption of these digital assets, and central banks’ strategic reserves. Even so, crypto majors have largely stalled in the absence of an immediate catalyst. Amid the pullback, meme coins and particularly AI projects have shown immense […]
Genius Group to raise $33m to buy more BTC
Genius Group has announced a $33 million rights offering. The company will use net proceeds from the sale to buy Bitcoin. Genius Group holds $35 million in BTC and could see holdings rise to $86 million with plans for additional $20 million loan. Publicly-listed artificial intelligence firm Genius Group plans to raise $33 million to […]
Italy’s largest bank, Intesa Sanpaolo, buys $1M Bitcoin
Intesa Sanpaolo Bank buys $1 million in Bitcoin The bank is the first Italian bank to invest in crypto The move is a low-risk experiment with digital assets in preparation for potential client demand In a pioneering move for Italy’s financial sector, Intesa Sanpaolo, the country’s largest bank, has ventured into the cryptocurrency market by […]
Bitcoin price drop caused by profit-taking and macroeconomic conditions
Bitcoin dropped to $89,900 on January 13, its lowest decline in two months James Toledano, COO at Unity Wallet, said one of the reasons for the drop is profit-taking after Bitcoin hit $108,000 in mid-December The inauguration of President-elect Donald Trump could spark renewed buying interest, Toledano said Bitcoin fell below $90,000 for the first […]
Weekly price analysis: prices decline on risk-off sentiments
The crypto market trended lower last week, driven largely by risk-off sentiments on newly released Fed meeting notes and economic data The Fed expressed caution around inflation, especially as President-elect Donald Trump’s policies will kick in after his inauguration on January 20 Meanwhile, spot crypto exchange-traded funds (ETFs) logged outflows from Wednesday, January 8 Bitcoin […]
Nasdaq-listed Heritage Distilling adopts Bitcoin strategy
Heritage Distilling Company has announced a Bitcoin treasury strategy. The Nasdaq-listed company will accept BTC for its products and services. Heritage Distilling, a publicly-traded company listed on NASDAQ, is the latest to adopt Bitcoin as a reserve asset. The distiller announced on Jan. 10, 2025 that its board of directors had approved a proposal to […]
Bitcoin price analysis: economic headwinds push price lower
Bitcoin tested the $92,000 level yesterday after falling from a weekly high of $102,000 as sell pressures mounted Macroeconomic factors cause doubts about the market strength as sticky inflation becomes a concern Spot crypto ETFs logged large outflows on Wednesday following the release of the Fed meeting notes Bitcoin’s price has fallen from a high […]