Tesla Makes $600M in Bitcoin Profits, Spurs Low-Cap Coins Like $BTCBULL

Elon Musk’s tech-savvy car company, Tesla, made astounding Bitcoin profits of $600M in Q4 2024, potentially signaling a rosy future for low-cap coins like $BTCBULL. While Tesla’s stash is worth a chunky $1.1B, MicroStrategy is another major firm bullish on crypto, holding $46.97B worth of $BTC. Economic powerhouses like Tesla and MicroStrategy piling up crypto hoards … Read more

Cardano Founder Slams Toxic Governance, Warns Of Burnout

In a livestream on Monday, Cardano founder Charles Hoskinson delivered a candid and impassioned critique of what he described as “constant unrelenting naked criticism” and “destructive” tactics within the project’s governance discussions. His remarks were prompted by a tweet from a longtime community member, known as ADA North Pool, who announced his intention to leave … Read more

Hottest Altcoins to Ride the Cardano ETF Hype

US fund manager Grayscale, one of the first Bitcoin ($BTC) and Ethereum ($ETH) ETF issuers, filed for a Cardano ETF (exchange-traded fund). If approved, it would be the first-ever Cardano ($ADA) ETF. The Delaware Trust Company will act as the trustee for the ETF, and the Coinbase Custody Trust Company will keep the trust’s $ADA … Read more

South Korea Must Approve Crypto ETFs ‘Sooner Than Later’

Korea Exchange chairman Jeong Eun-bo recently pushed for the country’s approval of crypto exchange-traded funds (ETFs). Amid the country’s stock market crisis, he urged revamping South Korea’s financial industry to strengthen the market and compete with other nations. South Korea ‘Needs’ Crypto ETFs Approval On Sunday, Jeong Eun-bo, chairman of South Korea’s Stock Exchange, called … Read more

South Korean Lawmaker Cleared in High-Profile Crypto Scandal

A South Korean lawmaker, Kim Nam-kuk, was recently cleared of allegations that he “concealed” cryptocurrency assets. The case centered on whether South Korea’s laws at the time of the alleged concealment required him to declare his holdings. According to latest report from South Korean local news media Chosen Biz, Judge Jeong Woo-Yong of the Southern … Read more

Florida Moves Toward State Crypto Investment

The American state of Florida could be one of the pioneering local governments that allows a percentage of its state funds for cryptocurrency investments, particularly Bitcoin. Florida Senator Joe Gruters has filed a bill that would permit the US state to use 10% of its funds to buy Bitcoin. This political backing could entice other … Read more