Articles for tag: Bitcoin, Blockchain, Cryptocurrency, Digital Assets, economic growth, Investment, Thailand

Market News

ACET Founder Acme Proposes Bitcoin Integration to Revolutionize Thailand’s Economy and Boost Financial Growth

Acme Worawat, the founder of ACET digital currency, is proposing to make Thailand a leader in blockchain technology by integrating Bitcoin into the country’s economy. His plan includes using Bitcoin as part of Thailand’s reserve fund and calls for updates to existing digital asset laws to support this initiative. Worawat aims to attract significant foreign ...

Market News

Is Ethereum a Smart Buy? Exploring the Potential of the World’s Second-Largest Cryptocurrency

Ethereum, the second-largest cryptocurrency, has gained 50% this year and recently surpassed $4,000. However, it still lags behind other cryptocurrencies like Bitcoin, which is up 131%. Despite hopes tied to the launch of spot Ethereum ETFs, investor interest has been underwhelming, with the largest ETF only managing $3.5 billion in assets, compared to $53.5 billion ...

Market News

Is Ethereum a Smart Investment? Exploring the Pros and Cons of Buying the World’s Second-Largest Cryptocurrency.

Ethereum, the second-largest cryptocurrency, has risen 50% this year, recently surpassing $4,000. However, it lags behind competitors like Bitcoin, which is up 131%. The anticipated boost from new spot Ethereum ETFs has been underwhelming, with the top ETF only managing $3.5 billion in assets compared to Bitcoin’s $53.5 billion. Moreover, Ethereum faces increasing competition from ...

Market News

Metaplanet Capitalizes on Bitcoin Dip as Recovery Attempts Fail to Gain Traction in the Crypto Market

Bitcoin is currently priced around $95,000 after dropping from a recent peak of $108,353. This marks its first significant decline since the election of President Trump in November. Although Bitcoin faced a tough week, some institutions, like Japan’s Metaplanet, are taking the opportunity to buy, investing nearly $60 million to acquire Bitcoin during this dip. ...

Market News

BlackRock’s Controversial Bitcoin Video: Claims of Changing BTC Supply Sparks Outrage in Crypto Community

BlackRock is facing backlash over a video suggesting that Bitcoin’s supply limit of 21 million could potentially be altered. The video, which promotes BlackRock’s iShares Bitcoin Trust ETF, emphasizes Bitcoin’s features but includes a disclaimer stating that there is no guarantee against changes to its supply cap. This sparked criticism from the Bitcoin community, which ...

Market News

BlackRock’s Controversial Bitcoin Video: Claims of Changing BTC Supply Sparks Outrage in Crypto Community

BlackRock is facing backlash over a video that implied Bitcoin’s fixed supply of 21 million could potentially be altered. This video, shared widely online, was part of BlackRock’s promotion for its iShares Bitcoin Trust ETF and highlighted Bitcoin’s features, although it contained a disclaimer about the supply cap. Critics from the Bitcoin community, including MicroStrategy’s ...

Market News

BTC Price Dip Persists Post-Fed, Yet This Key Indicator Sparks New Optimism Amid Market Uncertainty

Bitcoin (BTC) recently experienced a drop to around $96,000 after the Federal Reserve announced fewer anticipated interest rate cuts for 2025. This decline followed a peak of nearly $108,266 earlier in the week. Traders noticed a bearish crossover, where the 50-hour moving average fell below the 200-hour moving average, a pattern that has historically indicated ...

Market News

BlackRock’s Controversial Bitcoin Ad Sparkles Backlash from Bitcoin Community: What You Need to Know

BlackRock, the world’s largest asset manager, recently released an advertisement promoting Bitcoin and its potential as an investment. However, the Bitcoin community has expressed discontent over the ad, particularly due to a disclaimer that suggests the 21 million supply cap of Bitcoin could change. This disclaimer, which appears briefly in the video, has raised alarms ...

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