New Hampshire to introduce state Bitcoin reserve
New Hampshire has introduced a bill to establish a state Bitcoin reserve. This initiative, spearheaded by Republican Representative Keith Ammon, aims to diversify the state’s financial holdings by investing in digital assets and precious metals.…
Crypto Market Declines Below $3.2 Trillion, Losing $300 Billion
The cryptocurrency market has experienced a significant downturn, with its total market capitalization falling below $3.2 trillion. This decline represents a loss of over $300 billion since January 6, 2025. The market’s early gains for the year…
Calamos to Introduce Bitcoin ETF with 100% Downside Protection for Investors
Calamos Investments has announced the launch of a groundbreaking Bitcoin exchange-traded fund (ETF) offering 100% downside protection. Scheduled to debut on the Chicago Board Options Exchange (CBOE) on January 22, the new ETF, named CBOJ, is designed to…
Canadian Man in Hiding After Alleged Bitcoin Kidnapping Attempt
A Canadian volunteer forum administrator has gone into hiding with his family after a harrowing attempted kidnapping. The man, who has chosen to stay anonymous to protect his family’s identity, became the target of attackers who mistakenly believed…
Bitcoin Resurges Above $102,000 Milestone
Bitcoin recently reclaims its $100k milestone, reaching approximately $102,000 in trading value, as of data from Coinmarketcap. This milestone marks a significant achievement for the cryptocurrency, reflecting a 3% increase over the past 24 hours.…
Pi Network Lowers Its Mining Rate: What It Means for Miners
In a strategic move to manage the supply and demand of its cryptocurrency, Pi Network has announced a reduction in its base mining rate. As of January 2025, the mining rate has decreased by 5.71%, changing from 0.0050594 Pi per hour to 0.0047706 Pi per…
Ethena Labs launches Ambitious 2025 Roadmap with Telegram Payments App
Ethena Labs revealed its ambitious roadmap for the year on January 3, showcasing a series of strategic initiatives aimed at expanding its synthetic dollar products and enhancing user accessibility. Among the most notable announcements was the…
Solana’s Stablecoin TVL Reaches $5 Billion in 2024, Reflecting Increased Confidence and Usage
Solana’s stablecoin total value locked (TVL) reached an impressive $5 billion in 2024. This significant growth underscores the increasing confidence and usage of stablecoins within the Solana ecosystem. Stablecoins, which are cryptocurrencies…
NYDIG to Approach Bitcoin-Backed Loans to Unlocking Capital with Float Financing
The New York Digital Investment Group (NYDIG), a subsidiary of Stone Ridge, is set to harness the power of insurance float to back Bitcoin loans. This innovative strategy is expected to offer liquidity to Bitcoin holders. It allows them to…
Crypto Roundup 2024: Milestones and Achievements in the DeFi Industry
This year was a wild rollercoaster for the crypto industry, marked by significant milestones and achievements, particularly in the decentralized finance (DeFi) sector. Here are some of the key highlights: Bitcoin Halving and the Record Highs Bitcoin…