Author: Anthony M. Orbison
The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high volatility. Responding to a question from Representative Cha Gyu-geun of the National Assembly’s Planning and Finance Committee, central bankers said that they have “neither discussed nor reviewed the possible inclusion of Bitcoin in foreign exchange reserves, adding that “a cautious approach is needed,” according to the Korea Herald.“Bitcoin’s price volatility is very high,”…
Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India. According to a Reuters report, Russian oil companies and traders increasingly conduct transactions in bitcoin and crypto, allowing them to circumvent restrictions from Western nations. Sources say monthly trade volumes are already in the tens of millions of dollars. The mechanism involves Chinese or Indian buyers purchasing oil and depositing yuan or rupees into an offshore account owned by a middleman company. The middleman then converts the fiat currency into crypto…
‘Bitcoin like gold’ has become, at the time of writing and such, a significant comparison in financial discussions across various major institutions and analytical frameworks. Deutsche Bank recently affirmed this view, also highlighting Bitcoin’s potential as a store of value amid cryptocurrency security risks and, you know, the increasing crypto market volatility that has characterized the market lately and all that. The comparison emphasizes Bitcoin’s scarcity and decentralized nature, such qualities and features that support the Bitcoin reserve standard concept now gaining attention from several key financial organizations through multiple essential regulatory considerations.JUST IN: 🇩🇪 Deutsche Bank says Bitcoin is…
A UK man’s bid to obtain a permit to search a landfill for his hard drive — holding private keys to 8,000 Bitcoin — has been rejected by the UK Court of Appeals.“Appeal request to the Royal Court of Appeal: refused,” Howells said in a March 14 X post.“The Great British Injustice System strikes again… The state always protects the state,” the early Bitcoin adopter added before revealing his “next stop” would be the European Convention on Human Rights (ECHR).UK Royal Court of Appeal Judge Christopher Nugee knocked back Howells’ application, stating that there was no “real prospect of success”…
Bitcoin has been struggling with lower lows in recent weeks, leaving many investors questioning whether the asset is on the brink of a major bear cycle. However, a rare data point tied to the US Dollar Strength Index (DXY) suggests that a significant shift in market dynamics may be imminent. This bitcoin buy signal, which has only appeared three times in BTC’s history, could point to a bullish reversal despite the current bearish sentiment. For a more in-depth look into this topic, check out a recent YouTube video here:Bitcoin: This Had Only Ever Happened 3x Before BTC vs DXY Inverse…
The cryptocurrency market was slowly starting its recovery journey. While the market was hoping to witness an uptick in March, several assets recorded a massive decline. The world’s largest cryptocurrency Bitcoin (BTC) dropped by nearly 7% throughout the past week. Amidst this, the king coin reclaimed the $83,000 mark and restored hope in the market. Will the asset bank on its current momentum and reach a high of $150,000?Also Read: PI Coin: 82.8 Billion Controlled by Core Team—Is Pi Network Truly Decentralized?A Look At Bitcoin’s All-Time HighSource: Watcher GuruBitcoin started 2025 on a great note. The king coin hit an…
Four suspects were charged in connection with the home invasion of online streamer Amouranth, whose real name is Kaitlyn Siragusa. The streamer says she was held at gunpoint by several individuals demanding that she hand over the private keys to her crypto.According to Fox 26, the suspects include Dylan Nesho Campbell, Bryan Anthony Salazar Guerrero and two additional suspects between the ages of 16-17.Campbell and Guerrero were each charged with aggravated kidnapping and aggravated robbery with a deadly weapon, as was the 17-year-old suspect.Siragusa reported that several armed individuals entered her home late at night on March 2, beat her,…
Yesterday evening, the Kentucky Senate unanimously passed a bill aimed at protecting Bitcoin self-custody rights and digital asset mining operations. With a decisive 37-0 vote, the legislation, titled AN ACT relating to blockchain digital assets (HB 701), now moves to the Governor’s desk for final approval. NEW: 🇺🇸 Kentucky Senate passes bill that will protect Bitcoin self custody rights with 0 votes against it.The bill now heads to the Governors desk. pic.twitter.com/HPciWIgpZO— Bitcoin Magazine (@BitcoinMagazine) March 14, 2025 Sponsored by Representatives Adam Bowling and T.J. Roberts, the bill affirms the right of individuals to self-custody digital assets through self-hosted wallets.…
ARK Invest‘s Bitcoin purchase has recently catalyzed significant attention across various major cryptocurrency market segments, as the firm actually acquired nearly 998 BTC worth about $80 million in just a single day. Right now, blockchain analytics platform Arkham Intelligence has reported that this Cathie Wood crypto investment was basically executed through Coinbase in two substantial transactions – specifically 499.134 BTC (valued at approximately $40.37M) and also 498.6 BTC (worth around $41.07M), which has essentially strengthened ARK’s commitment to cryptocurrency market trends in numerous significant ways.ARK INVEST RECEIVED $80M OF $BTC FROM COINBASE TODAYARK INVEST IS BUYING BITCOIN pic.twitter.com/FmpyoNa15A— Arkham (@arkham)…
Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience. Selling could accelerate if the price plummets below $76,000.Another cautious voice was that of Markus Thielen, head crypto researcher at 10x Research. Thielen told Cointelegraph that Bitcoin’s chart structure “suggests market indecision rather than a straightforward bullish consolidation.” Thielen remains doubtful of a strong price recovery in Bitcoin at the…