The post Czech National Bank Approves Proposal to Assess Bitcoin and Other Asset Investments appeared first on Coinpedia Fintech News In a latest development, the board of the Czech National Bank approved a proposal on Thursday to analyze the options for investing in additional asset classes, including bitcoin. The CNB noted in a statement that the central bank has been increasingly diversifying its investments over the last two years as part of its reserve management strategy. “At the proposal of Governor Aleš Michl, the CNB is to assess whether it would be appropriate in terms of diversification and return to include other asset classes in the reserves as well,” it noted. The board said it will decide on next steps after analyzing the situation, with no changes until then. Any new reserve investments will be revealed in quarterly and annual reports. Remarkably, if Bitcoin is added, the CNB would be the first central bank to hold it. CNB Governor Aleš Michl recently announced plans to introduce a BTC reserve, calling it a game-changer. The national bank aims to invest at least 5% of its €140bn reserves in Bitcoin. However the Finance Minister had voiced concerns about Bitcoin’s instability and volatility. He argued that Bitcoin is unsuitable as a national reserve due to its highly volatile nature and emphasized that the government cannot override the CNB’s decisions. Nevertheless, the Czech National Bank’s move to explore Bitcoin as part of its reserve strategy marks a bold step toward diversification. The decision will be carefully analyzed, and if approved, it could set a precedent for other central banks, with the CNB potentially becoming the first to hold Bitcoin in its reserves.
coinpedia 2025-01-30 18:12
Bitcoin (BTC) is trading above $105,000 after rising over 3% following the FOMC meeting and the Federal Reserve’s decision to pause interest rate cuts. The upcoming macroeconomic data release set for Thursday could bring considerable volatility to Bitcoin, but analysts expect more room for a price increase. Tesla Announces Significant Gain From BTC Holdings Tesla has announced a $600 million paper gain from its BTC holdings in the fourth quarter of 2024, thanks to new accounting regulations. The Financial Accounting Standards Board updated guidelines allowing companies to adjust the value of their digital assets at market prices for each quarter. Before the update, companies had to report their digital asset holdings at their lowest valuation at the time of ownership. Even if their value rose, the assets could not be revalued until they were sold, making the company’s digital asset holdings appear weaker than their market value. As a result of the updated rules, Tesla’s digital asset holdings surged to $1.07 billion by the end of Q4, a substantial jump from $184 million in previous quarters. Tesla’s numbers coincided with a remarkable surge in the price of BTC , which jumped over 50% in Q4. The surge was driven by several factors, like the re-election of Donald Trump, increased institutional interest in BTC , and spot bitcoin ETFs. BTC is currently trading at around $105,000. Tesla did not disclose its BTC holdings in its Q4 report. However, data from Arkham Intelligence puts Tesla’s holdings at 11,509 BTC , valued at $1.21 billion. This makes Tesla the fourth-largest publicly-traded BTC holder behind MicroStrategy, Marathon Digital, and Galaxy Digital. CME To Introduce Bitcoin Options For Retail Traders The Chicago Mercantile Exchange (CME) Group has announced plans to introduce options related to its bite-sized Bitcoin Friday futures to cater to growing interest from retail investors in crypto derivatives. The cash-settled options will begin trading on February 24, subject to regulatory approval. The options will complement CME’s current offerings and include physically settled options on BTC and ETH futures. According to CME’s global head of crypto products, Giovanni Vicioso, the new options will offer traders greater precision in managing short-term Bitcoin price risks, adding that the smaller contract size and daily expiries will provide an efficient way for traders to manage their BTC exposure. CME launched Bitcoin Friday futures on September 29. They are smaller than other retail-focused Bitcoin futures products, with each contract representing 1/50th of a Bitcoin. They are even smaller than Coinbase’s nano Bitcoin futures, sold in increments of one-100th of a Bitcoin. Bitcoin Friday futures have registered considerable trading activity since their introduction, with over 775,000 contracts traded at an average daily volume of 9,700 contracts. Bitcoin (BTC) Price Analysis Bitcoin (BTC) is hovering around $105,000 despite the Federal Reserve’s decision to pause interest rate cuts. Investors are now waiting for the upcoming US Gross Domestic Product (GDP) for Q4 2024, set to release on Thursday. Analysts expect considerable volatility in the BTC price following the release of these numbers. Gracy Chen, CEO of Bitget, stated, “Immediate growth, as we’ve seen in previous bull cycles, may not follow as much of the optimism surrounding Trump’s stance on crypto has already been priced in following recent bullish trends.” Markets expected the Fed to keep interest rates unchanged, adopting a hawkish stance after acknowledging that inflation had not eased on expected lines. The Fed’s monetary policy statement highlighted a resilient labor market and stated that risks to its dual mandate goals are “roughly in balance.” Fed Chair Jerome Powell said that while inflation has eased, it remains at 2.9%, making further adjustments uncertain. US Treasury yields rose 4.5 basis points to 4.581% following the announcement, while the US Dollar Index climbed to a session high of 108.10. However, the Fed’s decision to pause interest rate cuts could indicate a bearish outlook for the crypto market. BTC registered a substantial decline at the beginning of the week after facing volatility the week prior. Volatility set in on Thursday after the flagship cryptocurrency registered a substantial drop a day prior. BTC rose to an intraday high of $106,903 and fell to an intraday low of $101,296 before settling at $104,004. Buyers retained control on Friday as BTC rose to an intraday high of $107,038 before settling at $14,874. However, sentiment began changing over the weekend as BTC registered a marginal drop on Saturday before falling over 2% on Sunday to settle at $102,655. Source: TradingView Selling pressure intensified on Monday as BTC dropped to an intraday low of $97,766. However, the price recovered from this level to reclaim $100,000, ultimately settling at $102,064. Buyers retained control on Tuesday, and BTC fell 0.69% to $101,362. BTC made a strong recovery on Wednesday, rising 2.27% to $103,666. BTC has crossed $105,000 during the ongoing session, up nearly 2% and trading around $105,51. Sentiment around BTC has picked up since Wednesday. The RSI currently sits at 61, well above the neutral zone. The MACD has also flipped to bullish, indicating an uptick in positive sentiment. If BTC remains above $105,000, buyers will look to push to $110,000. On the other hand, if sellers retake control and drive the price below $100,000, BTC could decline to $90,000. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitzo 2025-01-30 18:10
According to the latest development, the largest cryptocurrency exchange in the United States, Coinbase, is listing Axie Infinity, Tezos and MultiversX altcoins in futures. In addition, the USDC stablecoin was added to the roadmap for listing on the Aptos network. Recently, Coinbase has started to expand its futures platform considerably. In fact, some altcoins that are not yet listed on the exchange's spot platform can be listed in futures. The loose regulation caused by futures being closed to US users may also be effective in this. On the other hand, when we examine the latest listings announced by Coinbase, we see that Tezos and MultiversX are layer 1 blockchain platforms, while Axie Infinity is one of the most popular gaming altcoins of a period. With this listing, each of which is actually quite old altcoins, Coinbase has strengthened its options on the futures side. *This is not investment advice. Continue Reading: BREAKING: Coinbase Decides to List Three New Altcoins on Futures – Adding One Altcoin to Listing Roadmap
BitcoinSistemi 2025-01-30 18:07
Grayscale Investments has officially launched the Grayscale Bitcoin Mining ETF (MNRS) and listed it on the New York Stock Exchange Arca. The exchange-traded fund (ETF) tracks the Indxx Bitcoin Miners Index, which includes firms that derive the majority of their revenue from Bitcoin mining or related services. In a January 30 press release , Grayscale stated that the fund will offer investors who may not wish to buy Bitcoin directly exposure to publicly traded Bitcoin mining companies. At the time of this publication, the pricing of MNSR was $25.31. Holdings grow on Grayscale’s Bitcoin Mining ETF According to the asset manager’s ETF website , MNRS’s top 5 holdings feature major industry players, including Marathon Holdings (16.66%), Riot Platforms (11.92%), Core Scientific (9.2%), Cleanspark (4.79%), and Australia-based energy company IREN (4.37%). “ Grayscale Bitcoin Miners ETF offers investors targeted exposure to Bitcoin Miners and the global Bitcoin Mining industry in a passively managed, rules-based, and index-tracked fund designed to evolve with the industry ,” said David LaValle, Global Head of ETFs at Grayscale, in a press briefing on Thursday. He called Bitcoin miners the “backbone of the network,” dwelling on their potential to grow as BTC adoption increases globally, which he believes makes mining ETFs “an appealing option for investors.” Grayscale’s latest ETF launch comes as the firm actively pursues additional cryptocurrency investment products. On January 25, the asset management firm submitted a 19b-4 form to the US Securities and Exchange Commission for a spot Litecoin ETF. The SEC has officially acknowledged Canary Capital’s application for a Litecoin ETF—the first altcoin ETF to get recognition. Public comments are open for 21 days, and Nasdaq’s 19b-4 filing puts $LTC in the spotlight. With Grayscale, CoinShares, Hashdex, and others in the race,… pic.twitter.com/Xo9jrnjbYx — Kyledoops (@kyledoops) January 30, 2025 Since former chair Gary Gensler left office, now held by pro-crypto commissioner Mark Uyeda, there has been a growing optimism within the industry that ETFs of several cryptos, outside Bitcoin and Ethereum, will be approved in the coming weeks. Spot Bitcoin ETFs experience inflows as market bloodbath pauses In other news developments, the broader spot Bitcoin ETF market saw a return to net inflows on January 29, buoyed by BTC’s price correction to levels above $104,000. Data from SoSoValue shows the 12 Bitcoin ETFs recorded $92.09 million in net inflows on Wednesday, marking the second consecutive day of positive net investments. The continuation of inflows follows the decision of the Federal Open Market Committee (FOMC) meeting, where the Fed announced a pause in interest cut rates. Jan 29 12 Bitcoin ETFs inflows – Source: SoSoValue Grayscale’s Bitcoin Trust ETF (NYSE) led the 24-hour net inflow charts with $106.23 million, followed by Fidelity Wise Origin Bitcoin Fund (FBTC), which attracted $18.20 million. BlackRock’s iShares Bitcoin Trust (IBIT) recorded outflows for the second day this week, subtracting $28.37 million from the total spot BTC ETF daily inflows. Trading volume for the 12 Bitcoin ETFs stood at $2.49 billion yesterday, approximately $500 million than Tuesday’s tally but significantly lower than the $4.8 billion recorded at the start of the business week. Cryptopolitan Academy: Are You Making These Web3 Resume Mistakes? - Find Out Here
Cryptopolitan 2025-01-30 18:06
The crypto community is split on stablecoins’ future, with some expecting growth and others worried about regulatory hurdles in 2025. Stablecoins are everywhere. Wealthy businesses and VCs see them as a silver bullet for companies struggling with outdated payment systems. In countries with high inflation, like Brazil, Mexico, and Colombia, ordinary users are increasingly turning to stablecoins to save money or send funds to family members abroad. One thing is clear: stablecoins are here to stay. And the numbers speak for themselves. According to data from blockchain forensic firm Chainalysis, stablecoins now account for approximately 70% of the share of indirect flows from Brazil’s local exchanges to global exchanges. “Brazil’s high levels of stablecoin activity, as well as general interest in digital products and services, are drawing significant interest from major crypto players, notably Circle, which announced its official launch in Brazil in May 2024.” Chainalysis Nubank, the largest Brazilian digital bank in Latin America, is also chasing the trend. With over 85 million customers in Brazil and 6 million in Mexico and Colombia, the bank now offers a fixed 4% annual return to users who hold USD Coin ( USDC ), a stablecoin issued by Circle . Nubank says it started offering yields on stablecoins because “more than 50% of new Nubank Crypto users chose USDC as their first digital asset.” Big venture capital firms are also betting on stablecoins, expecting them to change how small businesses handle payments. Dragonfly Capital’s managing partner, Haseeb Qureshi, says stablecoins will go beyond trading and make things like 24/7 instant settlements possible — unlike banks that close on holidays. My 2025 Crypto Predictions I'm either going to look like a prophet or an idiot over these predictions, but one thing is for sure: I'm going to piss off a lot of people with bags. Breaking this up into six sections: my predictions for L1s/L2s, token launches, stablecoins,… — Haseeb >|< (@hosseeb) January 1, 2025 Citi Wealth strategists also see big potential in stablecoins, saying they “could end up reinforcing the U.S. dollar’s dominance” as market activity hit record highs with $5.5 trillion in transactions in Q1 2024. You might also like: European Central Bank eyes digital Euro to counter Trump’s stablecoin push Marc Boiron, CEO of Polygon Labs, sees huge potential in stablecoins, although he emphasizes that their growth is not just about market size. “What’s compelling is how the fundamentals are aligning,” Boiron told crypto.news in a commentary. He pointed out that regulatory frameworks like Markets in Crypto-Assets in Europe are also providing clarity, helping traditional financial institutions enter the stablecoin space. “Regulatory clarity is acting as a catalyst rather than a barrier. With frameworks like MiCA providing clear guidelines, traditional financial institutions and fintech companies can now approach stablecoins with greater confidence.” Marc Boiron Not everyone shares Boiron’s optimism about stablecoins. For Paolo Ardoino, CEO of Tether — the largest stablecoin issuer by market cap — MiCA regulations seem far-fetched , to say the least. He argues that requiring stablecoin issuers to keep at least 60% of their reserves in cash deposits could create serious risks for banks. Ardoino compared the regulations to the incident with Circle’s USDC in 2023 when billions of dollars of USDC reserves were stuck in the collapsed Silicon Valley Bank, which failed after a bank run. “I don’t want to endanger those 300 million people holding USDT because I have to keep the 60% in uninsured cash deposits in a European bank.” Paolo Ardoino Analysts at French blockchain firm Kaiko point out that European regulations don’t affect all stablecoin issuers equally. MiCA-compliant stablecoins | Source: Kaiko So far, they say only one company has benefited from the stricter rules — Circle, whose Euro-pegged stablecoin EURC and USDC have seen the biggest jump in daily trading volumes since MiCA took effect. It might still be too early to draw conclusions. But one thing is clear — big money is eager to find a way to make the “one trillion dollar opportunity” happen. Californian venture capital firm Pantera Capital also notes that these assets now account for over 50% of blockchain transactions, up from just 3% in 2020. What’s unclear is how or where that breakthrough will come, especially with regulations already putting pressure on even the biggest stablecoin firms. Read more: Thailand reportedly weighing bond-backed stablecoins but no official word
crypto.news 2025-01-30 18:04
Coinbase Adds USDC to Roadmap ————— NFA.
CoinOtag 2025-01-30 18:03
'Solana killer' receives major boost with USDC stablecoin integration
U.Today 2025-01-30 18:03
The Czech National Bank (CNB) has agreed to assess the feasibility of making Bitcoin part of its reserve assets
U.Today 2025-01-30 18:02
As the cryptocurrency market continues to expand, Lightchain AI is rapidly gaining traction among early investors and blockchain enthusiasts. Currently in Stage 12 of its presale, with over $10.4 million raised at $0.00525 per token, Lightchain AI is emerging as a serious competitor in the blockchain space. With its innovative approach and forward-thinking development roadmap, many are now speculating whether this project has the potential to surpass Solana’s impressive growth trajectory. Solana’s Road to Success Solana has made significant strides in advancing its blockchain capabilities. The Firedancer upgrade, currently in testing, aims to boost transaction speeds to nearly one million transactions per second, potentially making Solana one of the fastest blockchains on the market. In the decentralized finance (DeFi) space, platforms like Raydium have expanded their offerings by introducing perpetual futures trading, giving users access to over 70 trading pairs with leverage up to 40x. Despite these technical upgrades, SOL’s price has remained volatile, recently trading below $190. However, on-chain metrics indicate a rising interest in the network, with active addresses increasing by 1.5 million in just nine days at the beginning of January—an encouraging sign of continued adoption. These developments reaffirm Solana’s commitment to growth and innovation, solidifying its place in the competitive blockchain landscape. Why Lightchain AI Is a Strong Contender Lightchain AI differentiates itself by focusing on developer accessibility and a scalable infrastructure. While Solana prioritizes transaction speed, Lightchain AI takes a broader approach, tackling fundamental challenges in blockchain technology to create a more adaptable ecosystem. One of its standout features is its developer ecosystem, which includes comprehensive tools, APIs, and a sandbox environment for building and testing decentralized applications (dApps). This developer-friendly framework lowers barriers to entry and encourages widespread innovation on the network. Additionally, Lightchain AI’s transparent governance model allows token holders to actively participate in decision-making, ensuring the platform evolves in line with community needs. These core attributes position Lightchain AI as a formidable player in the blockchain industry. Early Adoption and Growth Potential With over $10.4 million raised during its presale, Lightchain AI has already demonstrated strong investor confidence. Early adopters are particularly drawn to its ambitious roadmap, which includes: A testnet rollout in early 2025 A mainnet launch later in the year These milestones are expected to attract developers and enterprises, fueling network adoption and driving long-term token value appreciation. By emphasizing real-world applications and a developer-first approach, Lightchain AI is well-positioned to challenge—or even surpass—Solana’s market growth in the coming years. As blockchain technology continues to evolve, Lightchain AI is emerging as a project to watch, with the potential to revolutionize the industry. Investors looking for the next big opportunity should keep a close eye on this fast-rising platform as it gains momentum in the crypto space. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol
Crypto Daily 2025-01-30 18:00
BTC struggles at $106K resistance as whale exits and Funding Rates spark uncertainty. Is there a breakout looming?
AMB Crypto 2025-01-30 18:00
Want to build a crypto portfolio that will set you up for life? Then you need to think beyond the short-term hype and focus on the coins with true staying power. These are the projects that are not only built to last but also have the potential to generate massive returns in the years to come. This article reveals 5 of the best long-term crypto investments, offering a unique blend of innovation, utility, and community support. Get ready to secure your financial future and potentially retire early with these game-changing tokens. 1. Web3Bay: The E-Commerce Disruptor That’s Changing the Game Web3Bay is not your typical online marketplace. It’s a revolutionary platform that’s taking on the e-commerce giants, offering a secure, transparent, and user-empowered alternative. Say goodbye to those pesky fees and hello to a world where you control your data and your shopping experience. The 3BAY token is the fuel that powers this e-commerce revolution. And with the presale already exceeding $970,000, it’s clear that investors are catching on to the massive potential of this project. Currently priced at a mere $0.004562625 in stage four, 3BAY is projected to launch at $0.1959, offering early birds an incredible potential return of over 4,200%. That’s the kind of investment that can set you up for life. But Web3Bay is more than just a money-making machine. It’s a platform built on innovation, with features like cross-chain compatibility, Layer-2 scaling, and community-driven governance. This is the future of e-commerce, and you can be a part of it. Web3Bay is undoubtedly one of the best long-term crypto investments to consider in 2025. 2. Cosmos: The Internet of Blockchains Cosmos is building the foundation for a truly interconnected blockchain ecosystem. This platform allows different blockchains to communicate and share data seamlessly, breaking down the barriers that have traditionally separated these networks. With its innovative Inter-Blockchain Communication (IBC) protocol, Cosmos is creating a world where dApps can operate across multiple blockchains, unlocking a new era of collaboration and innovation. And with staking rewards often exceeding 10% annually, Cosmos offers a fantastic opportunity for those seeking passive income. As the crypto world moves towards a multi-chain future, Cosmos is poised to become an essential infrastructure provider. 3. Tezos: The Self-Upgrading Blockchain Tezos is a unique blockchain that’s designed to evolve and adapt without the need for disruptive hard forks. This self-upgrading capability ensures that Tezos remains at the forefront of blockchain technology, offering a stable and secure platform for developers and users. With its focus on sustainability, low-energy transactions, and efficient governance, Tezos is a compelling choice for those seeking a responsible and future-proof blockchain solution. And with staking rewards between 5% and 7%, Tezos also offers a great way to earn passive income. If you’re looking for the best long-term crypto investments that combine stability with innovation, Tezos is a must-have in your portfolio. 4. Algorand: The Scalable and Secure Blockchain Algorand is a high-performance blockchain that’s built for the future. With its unique architecture and pure proof-of-stake consensus mechanism, Algorand offers scalability, security, and energy efficiency, making it an ideal platform for a wide range of decentralized applications. Algorand has already gained traction in the DeFi and NFT space, and its growing ecosystem is attracting developers and users alike. With a focus on real-world applications and a commitment to decentralization, Algorand is a solid choice for long-term investors who believe in the transformative power of blockchain technology. As one of the best long-term crypto investments in the blockchain space, Algorand offers a compelling combination of technology, utility, and growth potential. 5. VeChain: The Supply Chain Revolution VeChain is revolutionizing the way businesses manage their supply chains. By leveraging blockchain technology, VeChain provides a secure and transparent platform for tracking products from origin to delivery, eliminating fraud, enhancing accountability, and streamlining operations. With its strong partnerships with global enterprises and a growing list of real-world use cases, VeChain is poised to become a leader in the blockchain supply chain space. With its unique dual-token model, where VET is used for transactions and generates VTHO for passive income, VeChain offers a compelling investment opportunity for those seeking both growth and rewards. VeChain is undoubtedly one of the best long-term crypto investments for those who believe in the power of blockchain to transform industries. Building Your Crypto Legacy The crypto market is full of exciting possibilities, but building a portfolio that will stand the test of time requires careful consideration and a focus on long-term value. These 5 cryptos offer a unique blend of innovation, utility, and community support, making them ideal choices for those seeking to build lasting wealth in the crypto space. Don’t just chase short-term gains; invest in the future of crypto with these 5 game-changing tokens. The potential for long-term wealth is within your reach. The post The Best Long-Term Crypto Investments: 5 Coins to Buy Now and Retire Early! appeared first on TheCoinrise.com .
The Coin Rise 2025-01-30 18:00
Coinbase Perp to List Axie (AXS) ————— 💰Coin: AXS ( $AXS ) $5.53 ————— NFA.
CoinOtag 2025-01-30 18:00