Crypto News

Wall Street is getting increasingly comfortable with crypto—and that could spell major disruption and competition for the novel industry.Source link

The year 2024 marked a pivotal chapter in the cryptocurrency market, characterized by unprecedented developments, record-breaking milestones, and evolving trends, as reported by Coin Metrics’ “State of the Network” analysis by Tanay Ved. Inside 2024’s Crypto Transformation The cryptocurrency industry experienced substantial growth in 2024, spurred by the launch of spot Bitcoin exchange-traded funds (ETFs)Source link

Australian Treasurer Jim Chalmers believes cryptocurrency can modernize the country’s financial system. RBA Governor Skeptical of Bitcoin Australian Treasurer Jim Chalmers says cryptocurrency can help modernize the country’s financial system and should not be hindered by excessive regulation. While acknowledging legitimate concerns about crypto’s use by criminals, Chalmers noted that Donald Trump’s re-election has promptedSource link

Genius Group, an AI-based educational tech company, has purchased $10 million worth of bitcoin to further its “bitcoin first” strategy. The company aims to invest 90% or more of its reserves in bitcoin, striving to reach an initial target of $120 million. Genius Group Moves to Acquire $10 Million in BTC, Deepens Bitcoin First StrategySource link

Russian Telegram users now have more media freedom than Europeans, as EU censorship grows—raising alarms over the future of free expression across digital platforms. Pavel Durov Exposes Media Censorship Divide Between EU and Russia Telegram’s CEO, Pavel Durov, has criticized media restrictions in the European Union, highlighting what he described as greater freedom for RussianSource link