Crypto News
Elon Musk’s Father Promotes ‘Musk It’ Solana Meme Coin
Errol Musk wants to use the coin to raise $200 million for a think tank—without his son’s involvement.Source link
El Salvador Complies With IMF Requirements: Bitcoin Legal Tender Status Withdrawn
Congress passed a reform that modifies the so-called “Bitcoin Law” in El Salvador to comply with the stipulated requirements in the deal inked with the IMF last year. These modifications prepare the country to receive $1.4 billion in a credit facility. El Salvador Passes Bitcoin Law Reform, BTC Acceptance Is Now Voluntary El Salvador, aSource link
Crypto Daybook Americas: USDC Takes January Crown as Bitcoin Looks to Core PCE Data
By Omkar Godbole (All times ET unless indicated otherwise)The crypto market is treading water and the biggest cryptocurrency, bitcoin, is taking a bull breather. Its upward momentum is getting stifled by Trump's renewed tariff threats, which are also sending gold prices soaring to record highs and propping up demand for the U.S. dollar.But there is action in some corners of the market. The VIRTUAL token popped after its recent listing on Upbit, and Hyperliquid's HYPE token has seen a 3% gain. Litecoin is also making waves, with its perpetual futures open interest on centralized exchanges climbing to 5.19 million LTC, the most since Dec. 9, according to Coinglass. The surge hints at fresh capital flowing into the market, likely fueled...
Thodex Founder Granted Partial Release in $2 Billion Crypto Fraud Case
While Ozer remains in prison, his legal team vowed to push for further leniency.Source link
Christine Lagarde en Garde: Bitcoin Will Not Enter Central Bank Reserves
ECB President Christine Lagarde was confident about the stance the EU central banks would take on adding bitcoin as a reserve asset. She stated that, due to several reasons, this would not happen. ECB President Christine Lagarde Confident That EU Central Banks Won’t Adopt Bitcoin The concept of a strategic bitcoin reserve, consisting of stateSource link