As we enter 2025, the Asia-Pacific (APAC) region is experiencing a major shift in digital payments, driven by digital wallets and real-time transactions. A recent report highlights key trends in six APAC markets: Australia, metro China, Hong Kong, Singapore, Malaysia, and Indonesia. Notably, buy now, pay later (BNPL) services are regaining popularity, especially among younger ...
A recent proposal encourages Meta to include Bitcoin in its corporate treasury, following similar suggestions made to companies like Microsoft and Amazon. This initiative, led by Ethan Peck from the National Center for Public Policy Research, highlights the success of Bitcoin adoption by firms like MicroStrategy as a protective measure against inflation. The proposal emphasizes ...
Fidelity Digital Assets has shared an optimistic report about the future of cryptocurrency, predicting exciting developments for 2025. The report highlights three key trends: increasing adoption of Bitcoin by countries like Bhutan and El Salvador, the rise of tokenization, which could significantly boost the value of digital assets, and the introduction of more structured digital ...
The possible establishment of a Bitcoin strategic reserve by Donald Trump could prompt Japan and other Asian nations to follow suit, according to Metaplanet’s CEO. Metaplanet, often likened to Asia’s MicroStrategy, has seen a remarkable growth of 1,900% in share value due to its strong Bitcoin investments. The company’s strategy started last April when it ...
HIVE Digital Technologies Ltd., a leader in sustainable blockchain infrastructure, is relocating its head office from Vancouver, Canada, to San Antonio, Texas. This strategic move aims to enhance growth and shareholder value by positioning HIVE in a thriving U.S. blockchain ecosystem. The company believes that Texas offers a favorable business environment and a supportive regulatory ...
In 2024, the focus in the cryptocurrency world has shifted significantly towards institutional adoption. With the U.S. approving spot bitcoin exchange-traded funds (ETFs), along with many companies adding bitcoin to their financial reserves, the conversation around crypto is more prevalent than ever. Bitcoin has surged nearly 130% this year and is close to the $100,000 ...
Recent shifts in corporate finance have seen a surge of companies adopting Bitcoin as a treasury asset, influenced by rising prices and supportive political climates. MicroStrategy has led this trend, with over 150,000 BTC held in its reserves, while firms like Rumble, Marathon Digital, and Hut 8 are also integrating Bitcoin into their strategies. This ...
El Salvador is planning to close or privatize its cryptocurrency wallet “Chivo,” created by President Nayib Bukele when the country made bitcoin legal tender in 2021. This decision follows a $1.4 billion loan agreement with the International Monetary Fund, which suggests that private businesses will choose whether to accept bitcoin. While Chivo may be discontinued, ...
Vancouver City Council has approved a motion aimed at making the city more supportive of Bitcoin. Mayor Ken Sim is pushing for this change to help protect the city’s financial stability against inflation. He believes incorporating Bitcoin into the city’s finances could be beneficial and has even promised to donate $10,000 worth of Bitcoin to ...
Tether’s recent report reveals that there are now 109 million on-chain wallets holding USDT, making it one of the most popular digital assets. This growth positions USDT in close competition with Ethereum, vastly exceeding Bitcoin’s wallet numbers. The report notes that USDT is heavily integrated into centralized platforms, with 86 million accounts receiving on-chain deposits ...
