January, 2025

January, 2025

El Salvador Passes New Bitcoin (BTC) Legislation Tied to New IMF $1,400,000,000 Funding Deal: Report
The first country to use Bitcoin (BTC) as a legal tender has reportedly passed a new law that will scale back its crypto efforts. Reuters reports that on Wednesday, lawmakers in El Salvador approved a...

Crypto Investment Giant Grayscale Announces Launch of New Dogecoin (DOGE) Trust
Crypto asset management firm Grayscale is announcing the launch of a new trust that would give investors access to the popular meme asset Dogecoin (DOGE). In a new press release, the investment giant ...

Analyst Says Bitcoin Long-Term Holders Are 70% Done Offloading the Crypto Asset, Outlines BTC Path to $175,000
A closely followed crypto analyst says long-term holders are nearly done selling off Bitcoin, setting BTC up for a series of rallies. In a new video update, the host of InvestAnswers tells his 560,000...

Circle’s USDC Stablecoin Officially Goes Live on Layer-1 Chain Aptos (APT)
Circle’s dollar-pegged stablecoin USDC has officially gone live on the layer-1 chain Aptos (APT). Aptos’ native token, APT, is up on the news, surging by 5.5% in the past 24 hours. The 38th-ranke...

Trader Says Crypto Prices To Go Higher for Longer This Cycle – Here Are His Targets for Bitcoin and Ethereum
A closely followed crypto analyst believes digital assets will remain in a bullish trend for a longer duration than in previous cycles. In a new strategy session, crypto trader Michaël van de Poppe t...

Inside the Stream: Peacock Steady, Super Bowl Ads Soar, Streaming Insights
Peacock subscribers held steady at 36 million from Q3 to Q4, though up from 31 million a year ago. Importantly Peacock’s quarterly loss declined from $825 million in the year ago quarter to $372 m...

‘Exit Packages’ and Defunding Push May Drastically Reshape Financial Regulators
The shakeup on Capitol Hill — still ongoing, as the Trump administration settles in for its second round, as the new Congress has been seated — will extend to financial regulations. These disrupti...

Kraken Revenue More Than Doubled During 2024 Crypto Boom
Last year’s cryptocurrency boom was very good news for the Kraken exchange. The company’s revenue more than doubled in 2024 from $671 million to $1.5 billion, Bloomberg News reported Friday (J...

Elon Musk’s Father Joins Ranks of Meme Coin Minters
Add Elon Musk’s father to the list of the world’s meme coin creators. Errol Musk and business partner Nathan Browne aim to raise $150 million to $200 million from a token project called “Musk It...

This Week in AI: DeepSeek Hits Chip Stocks, Meta Stays Pat on AI Spending, SoftBank Invests in OpenAI
DeepSeek was the talk of Silicon Valley and Wall Street this week after it singlehandedly wiped nearly $600 billion of market value from Nvidia. Its $5.6 million cost to train its foundation models wi...

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