US government gets court approval to liquidate $6.5 billion worth of Bitcoin: The US government has gotten court approval to liquidate 69,370 Bitcoins worth $6.5 billion, seized from the previously closed Silk Road store.
Bitcoin Price Drops Below $93,000: Bitcoin has seen a drop below $93,000 twice in the past 12 hours, leading to a wave of volatility in the cryptocurrency market.
South Korea plans to lift ban on institutional cryptocurrency trading:
South Korea plans to gradually ease restrictions on institutional cryptocurrency trading, signaling a move toward more open regulation in the space.
Ripple seeks to list RLUSD stablecoin on major exchanges:
Ripple is looking to strengthen its position in the stablecoin market with its new currency RLUSD, which has been approved by the New York Department of Financial Services.
Bitfinex Brings Crypto Derivatives Trading to El Salvador:
Bitfinex has announced that it is moving its derivatives business from Seychelles to El Salvador after obtaining a Cryptocurrency Service Provider license.
Bitcoin as a Reserve Asset: Growing Global Interest:
Czech National Bank Governor Aleš Michl has raised the debate about adopting Bitcoin as part of the foreign exchange reserve, suggesting the possibility of purchasing Bitcoin as a reserve asset.
Volatility returns to the crypto market:
Bitcoin Loses $100,000 Level: Bitcoin price has dropped and dropped to the 5-digit level after reaching the $102,000 level.
Analyst Arthur Hayes Predicts Crypto Market Peak in March
Arthur Hayes, former CEO of BitMEX, sees the crypto market peaking in mid-to-late March 2025.