Kenyans HODL On: Crypto Use Soars Despite Central Bank Warnings, Study Finds
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A new study found that typical Kenyan crypto users to be under 40. Kenyans not only trade cryptocurrencies but use them for investment and as a hedge against inflation. Kenya Seeks IMF Assistance According to a study by a Kenyan Technical Working Group, Kenyan residents continue to trade cryptocurrencies despite repeated warnings from the central […]

Bitwise CIO Predicts ‘Megatrend’ of Companies Setting up Corporate Bitcoin Treasuries
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Matt Hougan provided the rationale for his prediction in a weekly memo published on Monday. Corporate Bitcoin Treasuries Are an Overlooked Megatrend Software firm Microstrategy (Nasdaq: MSTR) saw revenues dip by 10% in 2024, yet it was one of the best performing stocks in the Nasdaq 100, according to Barchart.com. The reason its stock shot […]

Ripple Ruling Challenged by SEC, Firm’s Legal Officer Dismisses Effort as ‘Noise’
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The U.S. Securities and Exchange Commission (SEC) has escalated its legal battle with Ripple, filing an appeal to contest portions of a district court ruling that categorized the XRP token differently based on whether sales were made to institutional investors or retail participants. SEC Takes XRP Ruling to Appeals Court Ripple’s leadership, however, has dismissed […]

Cryptoquant: Bitcoin Could Hit $250,000 in 2025
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Favorable crypto policies in the U.S. along with supportive monetary conditions have been identified as triggers for bitcoin’s next big price move. Bitcoin Poised for Macro Price Peak in 2025 Bitcoin’s price is on track to achieve its next macro peak, according to the latest weekly report from onchain analytics platform Cryptoquant. The firm predicts […]

Chainalysis: Stablecoins Emerge as the Cornerstone of Illicit Crypto Activity in 2024
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Illicit cryptocurrency activity reached significant levels in 2024, with $40.9 billion directed to wallets linked to criminal activities, according to the latest report from Chainalysis. As blockchain systems continue to mature, malicious actors are adopting increasingly sophisticated techniques and refining their operations into organized ventures. Chainalysis Report Highlights Increasing Professionalization of Crypto Crime The report […]

Market Frenzy: Bitcoin Hits $100,715 Amid Trump Policy Buzz
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Bitcoin crossed the $100,000 threshold today, briefly reaching an intraday peak of $100,715 before easing back to $99,700 at press time. Bitcoin Hits $100K High on Wave of Trump Administration Speculation This price milestone represents a critical psychological and market-level achievement for bitcoin, accompanied by broader gains across the cryptocurrency sector. XRP and XLM posted […]