Crypto News

Bullionstar, a premier gold dealer based in Singapore, warned about the high demand for large gold ingots and reported tightness in the supply. The firm stated that this behavior is not normal. Gold Demand Rises, ‘Tightness’ in Large Gold Bars’ Market The demand for gold has kept growing in world markets, and now even institutionalSource link

Germany's Centre Right Alliance (CDU/CSU) managed to secure the most seats in the country's parliamentary election on Sunday, suggesting a more innovation-friendly environment awaits.Friedrich Merz's CDU/CSU secured 28.52% of the vote while the far-right Alternative for Germany (AfD) secured 20.8% of the vote. There are 733 seats in the German Bundestag and no party secured a majority, so a coalition will be formed.Mark Foster, European Union policy lead at the Crypto Council for Innovation, expects that the Centre Right Alliance will likely support the European Union's approach to digital innovation, he told CoinDesk in an interview ahead of the election."So I don't expect a massive change overnight from the previous government to the new government in terms of either digital...

HK Asia Holdings Limited has announced a further investment in bitcoin, purchasing approximately 7.88 BTC for around $761,000 on February 20, 2025. This decision follows a previous investment disclosed on February 16, 2025, and brings the company’s total Bitcoin holdings to approximately 8.88 BTC, with an average cost of about $97,000 per unit. The numberSource link

The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases.Source link

Chinese Embassy to the U.S. spokesman Liu Pengyu stated that politicizing and weaponizing trade issues is against the ethos of what the U.S. seeks to champion: fair competition and free trade between China and the U.S. China Complains the US Is Using Trade Issues as a Weapon The weaponization of trade relations by the U.S.Source link