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news-imageFebruary 2, 2025

El Salvador Buys 2 Additional Bitcoin in Single Day Post IMF Deal

Currently, the El Salvador government has 6,055 BTC worth over $612 million. The country made a $1.4 billion deal with the IMF as part of the deal they have to make BTC payments optional.
Publisher: TheNewsCrypto
Sentiment: Neutral
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cover-imageThe Currency Analytics
February 2, 2025

Bitcoin Reserve Debate Divides Eurozone as Some Nations Push for Crypto Investments

The debate over Bitcoin reserves is intensifying within the Eurozone, with some European countries advocating for cryptocurrency investments while the European Central Bank (ECB) remains firmly opposed. Despite concerns over Bitcoin's volatility and security risks, countries such as Norway and the Czech Republic are increasingly considering Bitcoin as part of their investment strategies.

Negative
cover-imageThe Currency Analytics
February 2, 2025

Bitcoin Price Drops Amid Trump's 25% Tariffs on Mexico and Canada

Bitcoin's price has taken a noticeable dip in recent days, and it's not just due to market fluctuations. The latest development in global trade, namely President Trump's imposition of 25% tariffs on Mexico and Canada, is causing Bitcoin and other assets to experience a significant decline.

Negative
cover-imageThe Currency Analytics
February 2, 2025

Will the U.S. Ever Create a Bitcoin Reserve? Fed Official Speaks on Legal Barriers

The idea of the United States creating a Bitcoin reserve has been gaining attention recently, but a Federal Reserve official has now made it clear that such a move may face significant legal hurdles. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, has spoken out on the matter, shedding light on the complex legal constraints surrounding the Federal Reserve's ability to hold digital assets like Bitcoin.

Positive
cover-imageCryptoSlate
February 2, 2025

Why lending platform Ledn will always be Bitcoin first

The following is a guest post from Christina Comben. If you've been following the crypto space for any length of time, you may be familiar with the name Ledn, pretty much the only centralized Bitcoin lending platform that didn't crash and burn in the aftermath of Terra/LUNA, FTX, et al in 2022.

Negative
cover-imageNewsBTC
February 2, 2025

Bitcoin Price Is Trading In This Bearish Flag — What's The Downside Target?

The Bitcoin price has shown some level of resilience above $100,000 in the past few weeks, weathering the storm of uncertainty that came with Donald Trump's inauguration and the launch of the Chinese AI platform DeepSeek. However, a prominent analyst on the social media platform X has come forward with a worrying prediction for the premier cryptocurrency.

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