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news-imageJanuary 30, 2025

El Salvador Changes Bitcoin Law to Meet IMF's $1.4 Billion Loan Deal

El Salvador has made a big change to its Bitcoin laws to follow the rules set by the International Monetary Fund (IMF). This change comes as part of a $1.4 billion loan agreement with the IMF, which asked the country to reduce its involvement with Bitcoin.
Publisher: CoinPedia
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cover-imageBenzinga
January 30, 2025

Institutional Bitcoin Buyer Boom: Czech National Bank Approves Reserve Proposal, Norway's Sovereign Wealth Fund Increases Exposure

The Czech National Bank is exploring a potential expansion of its investment portfolio, as global institutions, such as the Norwegian sovereign wealth fund, show increasing exposure to assets like Bitcoin (CRYPTO: BTC). What Happened: The CNB's Bank Board, during its Thursday meeting, approved an analysis into broadening its international reserves.

Positive
cover-imageCrypto Economy
January 30, 2025

Bitcoin Breaks $106K—Is the Path to a New All-Time High Clear?

TL;DR The price of Bitcoin has reached $106,000 after the release of US GDP data, which came in below expectations, favoring cryptocurrencies. Bond yields and the US dollar weakened, driving a rebound in the crypto market. Analysts expect BTC to stay above $106,000, which could lead to a sustained bullish movement and benefit other cryptocurrencies.

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cover-imageCoinpaper
January 30, 2025

The U.S. States' Bitcoin Reserve Race Heats Up

While the U.S. presidential committee continues to discuss the possibility of establishing a strategic reserve that may include a combination of domestic crypto tokens, state governments have already made their intentions clear.

Negative
cover-imageBenzinga
January 30, 2025

'Bitcoin Will Not Be Considered For Central Bank Reserves,' ECB President Christine Lagarde Says

The European Central Bank (ECB) has no intention of adding Bitcoin (CRYPTO: BTC) to its reserves, according to ECB President Christine Lagarde . Speaking after the central bank's latest interest rate adjustment, Lagarde dismissed the idea, stating that Bitcoin does not align with the ECB's standards for safety, liquidity and regulatory compliance, The Block reported.

Positive
cover-imageUToday
January 30, 2025

Crypto Giant Grayscale Launches ETF on Bitcoin Miners

Grayscale, the first mainstream crypto-centric asset manager, announces the launch of MNRS, an exchange-traded fund (ETF) on Bitcoin (BTC) mining heavyweight stocks. It provides investors with yet another opportunity to benefit from the BTC rally without owning crypto physically.

Positive
cover-imageBenzinga
January 30, 2025

Cathie Wood: 'Bitcoin Is A Completely Different Animal,' Regulations Are Necessary

Ark Invest CEO Cathie Wood on Tuesday shared her insights on crypto regulations under President Trump and Bitcoin's (CRYPTO: BTC) evolving role in financial markets. What Happened: Wood, a longtime Bitcoin bull, said in an interview with Bloomberg that she believes a Trump-led government would bring greater regulatory clarity and support for crypto across all branches of the U.S. government.

Positive
cover-imageCrypto Economy
January 30, 2025

Grayscale Unveils Bitcoin Miners ETF – Is This the Next Big Crypto Investment?

TL;DR Grayscale launches a Bitcoin Miners ETF focused on companies in the sector, offering a new investment alternative. The ETF provides exposure to Bitcoin mining without the need for direct cryptocurrency investment, reducing risk. Grayscale's management aims to capitalize on the growth of Bitcoin miners as global adoption of the cryptocurrency expands.

Positive
cover-imageAltcoin Buzz
January 30, 2025

Illinois Proposes 5-Year Bitcoin Reserve Strategy

Illinois has taken a bold step by introducing a bill to create a Bitcoin reserve, making it one of the first US states to officially recognize Bitcoin as a financial savings tool. The move also means Illinois wants to store Bitcoin in its treasury, just like money in a savings account.

Positive
cover-imageBenzinga
January 30, 2025

Bitcoin, Ethereum, Dogecoin, Litecoin Are The Most Popular Cryptos For Online Casinos

A new research report analyzing token popularity in crypto casinos reveals that while Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) continue to dominate the market, alternative cryptocurrencies like Litecoin (CRYPTO: LTC) and Dogecoin (CRYPTO: DOGE) are gaining traction. What Happened: The study, conducted by Renomowanekasyno.pl, highlights the various factors influencing players' choices in online crypto gambling.

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