Articles for tag: Bitcoin investment, Bitcoin price forecast, Bitwise Asset Management, cryptocurrency trends, digital asset management, financial regulations, institutional adoption

March 27, 2025

Now Is the Perfect Time to Invest in Bitcoin, According to Leading Investment Firm – TradingView Insights

Bitwise Asset Management’s latest memo, “The Great Derisking of Bitcoin,” presents a strong case for investing in Bitcoin now, according to Chief Investment Officer Matt Hougan. He reflects on Bitcoin’s journey since 2011, noting significant hurdles like security, regulatory concerns, and technology challenges that the cryptocurrency has successfully overcome. Hougan highlights a recent key development: ...

March 12, 2025

Market News

Crypto

Texas Lawmaker Proposes $250M Cap on State’s Bitcoin Purchases to Protect Taxpayer Interests

A Texas lawmaker has introduced a bill that would limit how much local and state authorities can invest in cryptocurrencies as reserve assets. Proposed by Representative Ron Reynolds, the bill aims to restrict the state’s Economic Stabilization Fund, also known as the “rainy day” fund, to a maximum investment of $250 million in Bitcoin and ...

March 10, 2025

Market News

Crypto

Singapore Exchange to Launch Bitcoin Futures Trading by H2 2025: A New Era for Cryptocurrency Investments

Singapore Exchange (SGX) is set to launch Bitcoin perpetual futures for professional and institutional investors in the latter half of 2025, as reported by Bloomberg. This move aims to broaden institutional access to cryptocurrency trading. SGX, which holds a robust Aa2 credit rating from Moody’s, is focused on providing a reliable platform for trading Bitcoin ...

February 27, 2025

Market News

Crypto

How Cryptocurrency Facilitates Billions of Yuan Movement In and Out of China: Insights and Impacts

On February 27, 2025, a significant article explores the use of cryptocurrencies in China, particularly how it facilitates the movement of billions in and out of the country. The story highlights the recent arrest of Li Bi in Shandong province, suspected of running an underground banking operation. Authorities discovered she was connected to over 17 ...

February 23, 2025

Market News

Crypto

El Salvador Pauses Daily Bitcoin Purchases Amid IMF Loan Agreement Concerns

El Salvador has stopped its daily Bitcoin purchases, with the last recorded buy on February 17. This pause comes after the country secured a $1.4 billion loan deal with the International Monetary Fund (IMF). As part of the agreement, El Salvador is required to reduce its Bitcoin activities, making the acceptance of Bitcoin optional for ...

February 9, 2025

Market News

Crypto

Hong Kong Approves Bitcoin as Proof of Assets: A New Era for Crypto Investors in Asia

Hong Kong has taken a significant step by officially recognizing Bitcoin and Ethereum as valid forms of proof for investment immigration applications. This change highlights the region’s growing acceptance of digital assets within its financial system. Recent reports indicate that at least two applicants successfully used these cryptocurrencies to meet the required asset threshold of ...

February 1, 2025

Market News

Crypto

Tether Generates $13 Billion Profit in 2024: Implications for the Cryptocurrency Market

Tether, the stablecoin issuer, reported a staggering $13 billion in profits for 2024, putting it in the same financial league as Goldman Sachs. Unlike many firms, Tether does not publish audited financial statements, which has raised eyebrows among regulators and industry experts. In the last quarter of 2024, Tether issued over $23 billion in its ...

January 31, 2025

Market News

Crypto

KuCoin to Pay $300 Million in Penalties Following Guilty Plea: What It Means for Cryptocurrency Exchange Compliance

KuCoin, a major cryptocurrency exchange, has faced significant legal troubles after its operator, PEKEN Global Limited, pleaded guilty to running an unlicensed money-transmitting business. The company agreed to pay $297 million in penalties due to failure in anti-money laundering practices that allowed criminals to launder large sums. The U.S. Department of Justice highlighted that KuCoin ...

January 23, 2025

Market News

Crypto

North Dakota Introduces Bill to Combat Crypto Fraud with Enhanced Consumer Protections

North Dakota lawmakers are discussing House Bill 1447, which aims to protect residents from cryptocurrency scams as the number of fraud reports rises. The bill proposes new regulations for crypto kiosks, including daily withdrawal limits of $1,000, fraud warnings, and fee caps of $5 or 3% of the transaction, whichever is higher. Supporters argue these ...

December 31, 2024

Market News

Crypto