Cryptocurrency Updates

ARK Invest updates their 2030 Bitcoin price prediction to $2.4 million

ARK Invest’s 2030 Bitcoin price prediction of $2.4 million in the bull case reflects a 40% increase from their January estimate, driven by expected institutional adoption and Bitcoin’s role as “digital gold,” with a projected CAGR of 53% based on their Big Ideas 2025 report. The chart in the post breaks down Bitcoin’s price targets […]

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Panama City officially signs deal with local bank to process municipal payments in Bitcoin

Panama City’s deal with Towerbank, signed on April 24, 2025, allows municipal payments in Bitcoin, Ethereum, USD Coin, and Tether, marking a historic first for a Panamanian public institution, as confirmed by Bitcoin Magazine and The Crypto Basic. The agreement involves instant conversion of crypto to USD to mitigate volatility, a strategy mirroring Colorado’s 2022

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This week, Swift highlighted its work with Chainlink and key market participants on modernizing corporate actions

Chainlink and Swift’s Project CALM uses AI, blockchain, and Chainlink oracles to automate corporate actions like mergers and dividends, addressing inefficiencies in manual data handling as highlighted in Swift’s 2025 report on modernizing corporate actions. The first phase involved major financial players like Euroclear, UBS, and Franklin Templeton, successfully demonstrating how large language models can

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Federal Reserve withdraws crypto activity reporting requirement for banks

The Federal Reserve’s decision to withdraw the crypto activity reporting requirement for banks, announced on April 24, 2025, removes a 2022 supervisory letter that mandated prior notification for crypto-related activities, signaling a shift toward mainstream financial integration of digital assets like Bitcoin. This policy change aligns with the Trump administration’s crypto-friendly initiatives, including the SEC’s

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Coinbase and PayPal announced a partnership

Coinbase and PayPal announced a partnership on April 24, 2025, to boost the adoption of PayPal’s stablecoin, PYUSD, by offering fee-free purchases and 1:1 USD redemption on Coinbase platforms, aiming to make crypto payments more accessible to PayPal’s 430 million users. The collaboration explores new onchain use cases for PYUSD, such as DeFi applications, signaling

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Tether has acquired over 10% of Juventus Football Club’s share capital

Tether, the issuer of USDT stablecoin, acquired over 10% of Juventus Football Club’s share capital, securing 6.18% voting rights, marking a significant step for crypto integration into traditional sports industries. Juventus, Italy’s most successful football club with 36 Serie A titles, has been under Agnelli family control since 1923, making this investment a strategic move

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TV series Peaky Blinders is being turned into a blockchain-based video game and Web3 ecosystem

The TV series Peaky Blinders, a historical drama about a 1920s Birmingham gang, is being adapted into a blockchain-based video game and Web3 ecosystem, merging its narrative with decentralized technology. This aligns with a broader trend in Web3 gaming, where blockchain enables players to own in-game assets as NFTs; for context, Saltwater Games, linked to

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Bitcoin exchange balances are at the lowest levels since late 2018!

Bitcoin exchange balances dropping to their lowest since late 2018, as shown in the Glassnode chart, indicating a trend of investors moving BTC to private wallets, which often signals long-term holding and reduced selling pressure. This trend aligns with historical patterns; a 2023 CoinDesk article noted similar low balances in 2018 were partly due to

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Russia plans to launch crypto exchange jointly operated by its central bank and finance ministry for qualified investors

Russia’s central bank and finance ministry are launching a crypto exchange in 2025 for “super-qualified” investors—those with over 100 million rubles ($1.15 million) in investments or 50 million rubles in annual income—aiming to legalize crypto assets and counter international sanctions, as reported by Interfax on April 23, 2025. This move follows Russia’s 2024 law allowing

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Chainlink founder Sergey Nazarov confirmed collaboration with U.S. lawmakers

This highlights Chainlink founder Sergey Nazarov’s collaboration with U.S. lawmakers on a bill requiring real-time, on-chain asset verification for stablecoins, tokenized real estate, and investment funds, aiming to enhance transparency in the crypto space. This proposed “Proof of Bill” addresses vulnerabilities exposed by events like the 2022 FTX collapse, where lack of transparent audits led

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