IMF Loan Boosts El Salvador Economy
El Salvador secures $120M IMF loan, contingent on halting Bitcoin purchases, despite increasing reserves by 89.03 BTC since March #Update #Crypto $BTC (-3) ↘
El Salvador secures $120M IMF loan, contingent on halting Bitcoin purchases, despite increasing reserves by 89.03 BTC since March #Update #Crypto $BTC (-3) ↘
ASIC sues former Blockchain Global director Liang Guo for misusing over $20M in ACX customer funds, following a lengthy investigation into the collapsed exchange. #Breaking #Legal #Crypto (-9) ↘
Ethereum ($ETH) is poised for a breakout as analysts predict an end to its sideways action, targeting $3,000 amid recent price gains. #Update #Crypto $ETH (+5) ↗
@Block announced it will integrate bitcoin payments using the Lightning Network on its Square platform by 2025, enabling low-cost transactions for merchants. #Update #Crypto $BTC (+6) ↗
Bitcoin is trading at $108,959 as analyst @Pentosh1 predicts a worst-case scenario of mid-$90,000s amid strong demand from ETFs and corporations. #Update #Crypto $BTC (+3) ↗
Bitcoin trades near $110K as trader FOMO eases, with sentiment analysis highlighting areas of euphoria and fear. Explore the sentiment chart for insights. #Update #Crypto $BTC (+3) ↗
Georgian authorities detained Giorgi Bachiashvili for embezzling $39.2M in crypto, ordered to repay 9,000 BTC; highlights crypto security risks #Breaking #Legal $BTC (-8) ↘
Cardano’s daily transactions hit 50,000, driven by ADA ETF prospects and positive on-chain metrics, with ADA price gaining nearly 8% since May. #Update #Crypto $ADA (+6) ↗
@CetusProtocol proposes a recovery plan to reclaim $162M after a hack, with a community vote on protocol upgrade. $SUI is up 6.9% post-announcement. #Breaking #Crypto $SUI (+8) ↗
Ethereum may face mass losses if it dips again, warns @NewsBTC writer Keshav based on recent data analysis. #Update #Crypto $ETH (-4) ↘
Thailand’s Finance Minister Pichai Chunhavajira announced potential regulated crypto services and blockchain bond tokens under strict oversight, indicating a shift towards digital finance openness. #Update #Crypto (+3) ↗
@TMTGCorp plans to acquire $2.5 billion in $BTC, issuing $1.5 billion in stock and $1 billion in notes, aiming to bolster financial freedom. #Breaking #Crypto $BTC (+9) ↗
@Ripple proposes a “network maturity” test to determine when crypto tokens like $XRP should no longer be considered securities, responding to SEC inquiries. #Update #Legal $XRP (+3) ↗
@Exodus_io and Baanx launch a crypto debit card with @Mastercard, supporting $USDT and $USDC, for global rollout by 2025. #Update #Crypto (+3) ↗