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UBS Stays Bullish on Gold for 2025 as Central Banks Fuel Demand Surge

Coins Legend January 8, 2025 0

UBS predicts gold’s 2025 rally could defy rate cuts and a strong dollar, fueled by central bank demand and economic uncertainty. Why UBS Is Still Bullish on Gold for 2025—Even With Rate Cuts in Limbo UBS, the Swiss multinational investment bank and financial services giant, has offered an

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US Bitcoin Reserve Could Trigger Bull Run of Epic Proportions

Coins Legend January 8, 2025 0

The U.S. could accumulate up to 400,000 bitcoins in 2025, a move Devere Group predicts could trigger a massive bull run and reshape global markets. Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It Nigel Green, CEO of Devere Group, an independent financial advisory firm, is forecasting that the U.S. could […]

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Ripple’s Survey Signals Massive Blockchain Payment Adoption Across Middle East and Africa

Coins Legend January 8, 2025 0

Crypto is transforming finance across the Middle East and Africa, with payments, digital assets, and cross-border transactions leading the charge, Ripple’s survey reveals. Ripple Reveals How Blockchain Will Dominate Finance Across the Middle East and Africa Ripple’s Managing Director for the Middle East and Africa, Reece Merrick, highlighted the increasing role of

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Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Coins Legend January 8, 2025 0

Microstrategy’s bold bitcoin strategy added $14 billion in shareholder value in 2024, with BTC holdings soaring to 447,470 as corporate adoption accelerates. Microstrategy’s Bitcoin Empire Surges – $22B in BTC for 2024 Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), has shared details on the company’s bitcoin acquisitions for

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DLT Will Rebuild Trust in AI

Coins Legend January 8, 2025 0

During the 2024 U.S. election campaign, a deepfake video spread across social media, falsely alleging voter fraud. Elsewhere, biased data in healthcare has warped AI outcomes, jeopardizing patient care. Opaque algorithms undermine decisions, destabilize markets, and erode trust in financial systems. AI’s risks are escalating, and its flaws are chipping away at public

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Outgoing CFTC Chair Urges Stronger Crypto Regulation Amid Mainstream Adoption

Coins Legend January 8, 2025 0

The departing CFTC Chairman Rostin Behnam is sounding the alarm on the lack of comprehensive regulation of cryptocurrencies in the U.S. Regulatory Gap The outgoing chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has lamented what he termed the insufficient regulation of cryptocurrencies in the United States. Behnam argued that the U.S. needs

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2025’s Stablecoin Shifts: Massive Outflows for Tether, Big Gains for USD0 and USDX

Coins Legend January 7, 2025 0

The stablecoin market, currently valued at $206 billion according to defillama.com, has experienced notable shifts, including growth in the first six days of 2025. Nearly $4 Billion Vanishes as Tether and Ethena Decline in Early 2025 Among the top ten stablecoins, tether (USDT) and ethena usd (USDE) recorded significant outflows, collectively amounting to nearly $4 […]

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Bitcoin Technical Analysis: Bearish Signals Point to Potential Collapse Below $96,000

Coins Legend January 7, 2025 0

Bitcoin’s current valuation stands between $96,512 to $97,121 over the last hour, boasting a market capitalization of $1.91 trillion and a 24-hour trading volume amounting to $59 billion, indicative of intensified market engagement. The cryptocurrency oscillates within an intraday spectrum from $96,163 to $102,760. Bitcoin Bitcoin‘s one-hour chart delineates a pronounced

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CFTC Chair Rostin Behnam Resigns Amid Anti-Crypto Exodus

Coins Legend January 7, 2025 0

Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC) announced his resignation on Tuesday, just a day after Michael Barr, Federal Reserve Board governor and vice chair for supervision, stepped down from his supervisory role. SEC Chairman Gary Gensler, who announced his resignation in November, and Barr, two key masterminds behind the infamous

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Garanti BBVA Kripto Partners With Bitstamp to Offer Crypto Services in Turkey

Coins Legend January 7, 2025 0

Garanti BBVA Kripto, a subsidiary of Turkey’s Garanti BBVA, has announced a partnership with Luxembourg-based cryptocurrency exchange Bitstamp to provide crypto trading services to its customers. Turkish Bank Subsidiary Collaborates With Bitstamp This collaboration represents the first liquidity provider partnership for Garanti BBVA Kripto since its establishment in May