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El Salvador and the IMF have agreed on a $1.4B loan, conditional on scaling back positive Bitcoin policies. Critics accuse President Bukele of succumbing to international pressure.
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A CoinDesk article on Justin Sun’s banana-buying stunt was removed following his complaint about its tone.
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Despite market turmoil and $1B in leveraged liquidations over past 24 hours after the Fed’s hawkish message, Bitcoin has surged 130% this year, with continued investor accumulation.
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The cryptocurrency market experienced a significant crash, losing $310 billion within 24 hours. The global market cap dropped by 7.90%, falling from $3.56 trillion to $3.25 trillion.
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The Governor of the Central Bank, Elvira Nabiullina, has confirmed that there are no plans to invest in cryptocurrencies and reiterated the bank’s stance against using them for domestic payments.
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Tether has invested $775 million in the growing streaming platform Rumble, which is implementing a Bitcoin reserve strategy.
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— New BTC ATH
— NFT exchange by @Major App
— Stablecoin launch by Ripple
— Crypto market crash
— Crypto firms support Trump’s inauguration financially
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Interpol has issued a Red Notice for HEX founder Richard Heart, due to allegations of tax fraud and violent assault. HEX token surged 30% following the announcement. Heart dismissed the charges as conspiratorial and remains confident in the future success of his projects.
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Experts are optimistic about Toncoin and anticipate a potential rise to $19.53 in several stages during the upcoming altcoin season.
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MicroStrategy has bolstered its Bitcoin reserves by acquiring an additional 5,262 BTC. This purchase was made at an average cost of $106,662 per BTC, amounting to a total investment of around $561 million.
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Cosmos Network developers have moved 295.3 BTC, currently valued at $27.7 million, from funds raised during their 2017 ICO. This is their first transaction in two years.
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