January 16, 2025
Thailand cracks down on Polymarket and looks to approve spot Bitcoin ETFs.
While the government cracks down on Polymarket for alleged illicit gaming operations, Thailand's SEC is examining proposals for stablecoins and spot Bitcoin ETF listings. The Securities and Exchange Commission (SEC) of Thailand is thinking about permitting spot Bitcoin exchange-traded funds (ETFs) to list on regional markets for the first time. SEC Secretary-General Pornanong Budsaratragoon stated on January 14 that the agency is determining whether or not institutional and ordinary investors might trade spot Bitcoin ETFs worth $99,400 locally. According to Bloomberg, Pornanong stated, "Like it or not, we have to move along with more adoption of cryptocurrencies worldwide." "We must...
Latest News
January 16, 2025
Thailand cracks down on Polymarket and looks to approve spot Bitcoin ETFs.
While the government cracks down on Polymarket for alleged illicit gaming operations, Thailand's SEC is examining proposals for stablecoins and spot Bitcoin ETF listings. The Securities and Exchange Commission (SEC) of Thailand is thinking about permitting spot Bitcoin exchange-traded funds (ETFs) to list on regional markets for the first time. SEC Secretary-General Pornanong Budsaratragoon stated on January 14 that the agency is determining whether or not institutional and ordinary investors might trade spot Bitcoin ETFs worth $99,400 locally. According to Bloomberg, Pornanong stated, "Like it or not, we have to move along with more adoption of cryptocurrencies worldwide." "We must...
January 15, 2025
Bitcoin's current price is a "good entry point," but it could drop to $70,000, according to Fundstrat
Tom Lee of Fundstrat claims that anyone who purchases Bitcoin for about $90,000 now won't "lose money" in the long run. According to the chief investment officer of Fundstrat Capital, Bitcoin's current price of $90,000 is still a "good entry point" for long-term investors, even if analysts have warned that the commodity might drop below $70,000. "At $90,000, I don't think anyone will lose money purchasing here. In an interview with CNBC on January 13, Tom Lee stated that Bitcoin's price of $97,003 will be "one of the best-performing assets of the year," adding that if they're trying to time...
January 14, 2025
Top 7 ASIC Miners of 2025
RECAP ASIC miners have transformed the crypto-mining business by enabling miners to mine their favorite coin effectively. Unlike general-purpose equipment like CPUs and GPUs, ASIC miners are specially designed for the single cryptocurrency’s mining algorithm.Moreover, ASIC miners have greater hash rates, enabling miners to solve complicated cryptographic problems rapidly and mine their favored coins quicker despite the mining difficulty.Here are the top 7 ASIC miners of 2025 that you may utilize for mining cryptocurrency. ASIC Mining Explained Crypto mining entails solving challenging cryptographic riddles and is a sophisticated technological process. ASIC miners are perfect for mining cryptocurrencies as they are...
January 13, 2025
As S&P 500 repeats, Bitcoin needs a "sharp bounce" at $88K. COVID-19 incident
Amid fears of further declines in the price of bitcoin, it joins US stocks in what analysts refer to as a "bearish overreaction" to employment statistics. On January 11, Bitcoin's price of $93,883 was just below $95,000 following a day filled with events that caused a "bearish overreaction." Stocks and bitcoin suggest an "overreaction" to US jobs statistics. During the week's last Wall Street trading session, Cointelegraph Markets Pro and TradingView data showed both up and down volatility. Prior to a sharp recovery that witnessed a $2,000 hourly candle and new local highs, US employment statistics first sent BTC/USD back toward...
January 08, 2025
After purchasing a $97K dip, KULR Technology projects a $200K Bitcoin price.
The primary factors influencing Bitcoin's price trajectory in 2025, according to Binance Research, will be the US Federal Reserve's monetary policy trajectory and emerging crypto regulations, Cointelegraph said. The New York Stock Exchange-listed KULR Technology Group, which purchased millions of Bitcoin after the slump, predicts that the cryptocurrency might peak at $200,000 during the 2025 market cycle. According to a statement sent to Cointelegraph, on January 6, KULR Technology Group purchased $94,435 worth of Bitcoin, or more than $21 million, at an average price of $97,391. According to Cointelegraph Markets Pro statistics, the $21 million buy took place just hours...
January 07, 2025
Crypto ETPs receive $585 million in inflows by 2025 — CoinShares
According to CoinShares, 100% of the historic $44.2 billion in crypto ETF inflows in 2024 came from US spot Bitcoin ETFs. With global cryptocurrency exchange-traded products (ETP) reporting $585 million in inflows in the first three days of 2025, cryptocurrency investment products are off to a strong start. According to CoinShares, a cryptocurrency investment firm, early inflows failed not counteract strong selling in the final two trading days of 2024, resulting in $75 million in net outflows for the entire previous trading week. This information was released on January 6. With $44.2 billion in inflows, 2024 ended as a record-breaking...
January 06, 2025
2025's Top Bitcoin Mining Pools
OVERVIEW As technology has advanced over time, bitcoin mining has changed dramatically. Bitcoin mining was possible with home computers earlier in 2009. But as time has gone on, Bitcoin has become a major mining enterprise with sophisticated mining equipment and cutting-edge technology.For individuals, mining Bitcoin has gotten tiresome due to its growing popularity and competition. By 2025, mining Bitcoin without joining a mining pool is all but impossible. Therefore, the best way to mine Bitcoin successfully is to join a mining pool. We have compiled a list of the top Bitcoin mining pools for 2025 in case you're interested in...
January 02, 2025
'Risk-adjusted' regulations will make Singapore Asia's next crypto powerhouse.
Singapore is positioned as a developing hotspot for blockchain innovation because of its crypto-friendly laws and 2024 license doubling. After issuing twice as many cryptocurrency licenses in 2024 as it did the year before, Singapore is emerging as a major location for Web3 businesses.William Croisettier, chief growth officer of ZKcandy, believes that Singapore's innovation-friendly legislative framework might make it the next big cryptocurrency powerhouse in Asia. He stated to Cointelegraph: In order to safeguard investors, the nation takes a risk-adjusted approach to crypto regulation, concentrating on the largest virtual currencies. Additionally, Singapore facilitates communication between new cryptocurrency companies and local...