Crypto News

100,000 Signatures Away: How the ‘Bitcoin Initiative’ Could Redefine Swiss Banking

Reports reveal that the Swiss Federal Chancellery has officially added the “Bitcoin Initiative” to its registry, aiming to integrate bitcoin into the Swiss National Bank’s reserves via a constitutional amendment. Swiss Chancellery Registers ‘Bitcoin Initiative’ On Tuesday, Dec. 31, 2024, the Swiss Federal Chancellery confirmed its registration of the “Bitcoin Initiative.” This effort, spearheaded bySource link

How XRP Soared 236% in 2024 to Become the 4th Largest Crypto by Market Cap

The digital asset XRP wrapped up 2024 on a high note, climbing above $2 for the first time in years after spending much of the year under $0.72 per coin. Since early Jan., XRP has jumped by more than 236% against the greenback. From $0.63 to $2.12: XRP’s Wild Ride Through 2024’s Crypto Economy BoomSource link

These Crypto Industry Stars Shone Brightest in 2024

From crypto influencers to Telegram gaming trailblazers, meme coin maestros, and the masterminds behind this year's NFT comeback.Source link

Why a U.S. Bitcoin Strategic Reserve Is Critical to Fending Off China

Finance is increasingly a weapon of war. United States policymakers and our allies focus too narrowly on macroeconomic tools like sanctions and promoting the dollar as a reserve currency when the modern front is evolving. Today, the real battles are being waged on smartphones and in the global currency markets.China is waging a multi-decade plan to displace the United States' greatest asset: the dollar. The dollar is critical to the United States' economic and geopolitical power as the global reserve currency. Without it, our influence would weaken, and our debt would become a bigger problem. This is precisely what the Chinese Communist Party and the Kremlin want.China and Russia have shed billions of dollars worth of U.S. Treasury holdings while...

2024 Fiat-Pegged Economy Swells—Stablecoins Reach $200B, Tether’s Market Soars 50%, New Players Emerge

With bitcoin (BTC) cruising past the $100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $200 billion in total valuation, reflecting a $73 billion increase in this subset of fiat-pegged cryptocurrencies. Stablecoins Flourish While Rankings ShiftSource link