Cryptocurrency

BlackRock’s aggressive accumulation of Bitcoin has placed it among the biggest institutional holders of the cryptocurrency, even surpassing MicroStrategy’s well-known holdings.Larry Fink, the CEO, has also got market participants talking about Bitcoin’s potential by suggesting a price target as high as $700,000 if more institutions adopt it. He has been talking with a sovereign wealth fund about allocating 2% to 5% of their assets to Bitcoin, which shows that even entities that usually avoid risk are becoming interested.While Bitcoin is still BlackRock’s main crypto investment, its $4 billion Ethereum ETF (ETHA) shows a bigger plan to spread out into digital assets. The firm is focusing on Bitcoin and Ethereum, showing that they think blockchain will become a big part of the financial world, even though there are still a lot of unknowns when it comes to regulations.But, market analysts say, BlackRock’s huge $60 billion Bitcoin investment — that’s about 2.7% of the whole cryptocurrency supply — could totally change how money flows and how prices are set. The IBIT ETF has been doing better than its competitors, getting steady inflows even with Bitcoin’s recent ups and downs. Fink’s optimistic view lines up with the growing interest from institutions, but there are still some doubters who say that macroeconomic challenges and regulatory scrutiny could still be major factors to watch.This article was originally published on U.Today More

This article was originally published on U.Today More

At the same time, he expressed a take that the BTC price is likely to keep ascending this year. McGlone also warned how financial markets might react should Bitcoin decline below the $100,000 level.The Bloomberg Intelligence expert believes that the Bitcoin price is likely to continue surging this year. If the opposite scenario takes place, he said, the stock market may also see a downturn, since BTC and stocks are closely interconnected, according to McGlone.A Bitcoin decline below $100,000 might trigger “deflationary pressures and lower bond yields.” In this case, the Bloomberg strategist added, investors may turn their attention to gold as the traditional store of value and a hedge against falling markets.This article was originally published on U.Today More

Silencio, the world’s first decentralized noise data engine, has officially launched, setting a new standard in environmental data utilization. Powered by community contributions, Silencio transforms smartphones into secure, anonymous sensors that crowdsource real-time, hyper-local noise data. At its launch, Silencio Network is operational with almost 800k members in over 180 countries, covering 43.86 billion square meters (+560 times the size of New York) and recording 8.1 million hours of data collection.$SLC Token Lists on Major Exchanges as Silencio Ecosystem ExpandsCentral to the Silencio ecosystem is the $SLC token, powered by the Blocksound Foundation, which is used for rewarding contributors, transactions, staking, and governance across the network. As of its launch on January 24, 2025, $SLC is available on leading exchanges such as KuCoin, Gate.io, MEXC, Bitmart, and BingX, with more to be added soon. The $SLC token is designed to incentivize the collection of noise data, supporting the network’s expansion with an initial issuance geared towards fostering sustainable growth.Silencio’s Vision: Transforming Noise Into Actionable Insights for a Quieter WorldSilencio’s mission is to harness real-time noise data to enable smarter decisions for individuals, businesses, and governments. With its cutting-edge approach, the network aims to address critical issues such as urban planning, public health, and environmental management, making it especially relevant for sectors aiming for decentralization and enhanced community engagement.Silencio is set to change the way people value real estate, select restaurants, and decide where to live. By providing actionable noise data, Silencio aims to impact the decision-making of millions of people worldwide, offering a new layer of insight that influences everyday choices and long-term planning. This approach ensures that noise levels, often overlooked, are now a central consideration in creating quieter, more enjoyable living and working environments.Leading the Web3 Revolution with Real-World, Decentralized SolutionsBeyond its token utility, Silencio is also pioneering in governance and community engagement through its transparent, blockchain-based ecosystem. The network allows contributors to earn $SLC tokens in reward for their data contributions, ensuring that every user is a stakeholder in the network’s success. Plans are underway to expand into the global personal data market, estimated to be worth more than $300 billion according to a McKinsey report. Silencio aims to commercialize any smartphone-collected data in a transparent and anonymized manner, providing full control and rewards to users.Looking ahead, Silencio plans to further expand its platform to include more diverse data applications, potentially integrating additional environmental variables and enhancing its impact on global data-driven decision-making. With a robust user base and a clear vision, Silencio is poised to lead the Web3 revolution, bringing blockchain solutions to the real-world challenges of noise pollution and beyond.Joining the Silencio RevolutionSilencio paves the way for a quieter, more informed world, it invites individuals and industries to join its network, contribute data, and benefit from the insights generated. With its official launch, Silencio reaffirms its commitment to a sustainable and participatory approach to environmental data, welcoming all to be part of this revolutionary journey.About Silencio NetworkSilencio Network is revolutionizing the global approach to capturing, processing, and utilizing noise intelligence data. By transforming everyday smartphones into real-time noise sensors, Silencio provides hyper-local insights that drive impactful decisions across industries such as urban planning, real estate, and hospitality. Envisioning a future where noise-level data influences real estate pricing and guides daily choices in selecting hotels and restaurants, Silencio is paving the way for smarter, more informed decisions. With operations spanning over 180 countries and a network of almost 800k sensors, the platform generates more than 100,000 daily on-chain transactions, solidifying its position as the world’s largest noise intelligence platform.ContactAlex M.Blocksound Foundationmarketing@blocksoundfoundation.orgThis article was originally published on Chainwire More

Among those transfers were several ones that took a large amount of BTC to new wallets, while Bitcoin demonstrated a 2.43% increase.Three Bitcoin chunks — 1,000 BTC; 1,029 BTC and 1,531 BTC — were moved to three new wallets. This means that either three new crypto whales acquired BTC via OTC purchases or existing whales reshuffled their holdings by moving part of their Bitcoin to new addresses.These massive BTC transfers were spotted as the world’s largest cryptocurrency Bitcoin staged a more than 2% increase today, regaining the $105,700 level after a fall.A pro-crypto senator, Cynthia Lummis, who suggested making a strategic BTC reserve for the U.S. last year, tweeted: “Big things are coming.” The plan she suggested assumed that the U.S. government will be purchasing 200,000 BTC annually over the next five years to buy one million BTC in total for the strategic Bitcoin reserve. As the BTC price soared, renowned Bitcoiner Michael Saylor, MicroStrategy’s executive chairman, tweeted: “We are going to Mars,” clearly hinting at Trump and his ally Elon Musk, who is striving to send spaceships to Mars to make a permanent and self-sustainable human base on the red planet. Both people are largely pro-crypto.However, that price surge was followed by a decline back to $103,000. At writing time, BTC is changing hands at the $105,150 mark.Four days ago, Bitcoin reached a new all-time high, hitting the $109,114 price level on Trump’s inauguration day.This article was originally published on U.Today More

Nigel Green, CEO of deVere Group, stated that the US’s Strategic Bitcoin Reserve is not just a possibility but an inevitability. This development could trigger a wave of similar policies worldwide and potentially initiate a significant shift in how wealth and power are stored and protected. Countries globally might start acquiring Bitcoin in anticipation of its role in a new global financial order, if they haven’t already begun doing so.The idea of an SBR resembles the function of gold in central banks, with Bitcoin’s limited supply of 21 million ensuring its scarcity. This attribute makes Bitcoin resistant to inflationary pressures that affect fiat currencies. For the US, an SBR could act as a safeguard against currency devaluation and potentially appreciate in value, contributing to national debt reduction.Senator Cynthia Lummis’s proposal for the US to acquire 200,000 Bitcoin annually for five years aligns with this logic. Despite current political challenges surrounding large-scale purchases, the US government’s existing holdings of 207,000 Bitcoin could be reclassified as part of an SBR, setting a precedent.Green further highlighted Bitcoin’s potential to protect wealth against inflation. By holding it as a reserve, the US could shield its economy and position itself as a leader in the new financial era. This policy might be too strategically sound to ignore.The formal adoption of an SBR by the US could encourage other nations to follow suit. Other economies, including major players like China and Russia, might speed up their Bitcoin accumulation strategies to avoid being left behind.Green explained that this ‘arms race’ could reshape global monetary systems, with countries competing to secure digital assets similarly to how they did with gold. No major nation can afford to be sidelined in the digital economy. A world where states compete for cryptocurrency reserves would likely redefine the balance of economic power.The potential establishment of a Strategic Bitcoin Reserve by the US marks a pivotal moment in global finance. This step would represent significant progress in integrating digital assets into national economic strategies, ushering in a new era of financial competition and innovation, according to the deVere CEO.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More

Even so, Bitcoin is becoming more and more recognized as the cutting-edge substitute for gold. The design of Bitcoin is one of its advantages. It offers much more than just the qualities that make gold valuable — decentralization and scarcity. Bitcoin is much easier to verify, much more portable and much more divisible. Its usefulness is increased by these features, particularly in the digital age, when conventional financial systems are fading.Even though it is a dependable material, gold has drawbacks like transportation issues and the potential for impurities in its physical form – which Bitcoin does not. The idea is that nations that have gold reserves ought to invest at least the same proportion in Bitcoin. This approach might develop into a larger pattern, in which Bitcoin takes the place of gold as the primary global store of value and becomes a fundamental reserve asset for countries. Due to growing acceptance and confidence in its decentralized structure, Bitcoin’s market capitalization may surpass that of gold within the next five to ten years. The concept of a Strategic Bitcoin Reserve, especially for countries such as the U.S., gives it an intriguing dimension. Setting the example for Bitcoin adoption could inspire other G20 countries to do the same, establishing Bitcoin as a crucial reserve asset.This shift would greatly increase Bitcoin’s market value in addition to securing its place in international finance. Despite its ambitious nature, this vision reflects the growing sentiment among institutions and cryptocurrency enthusiasts.The foundation for such a significant change in the next 10 years is laid by Bitcoin’s stable price trajectory, strong ecosystem and growing institutional acceptance. This could signal a sea change in international monetary systems if it is put into effect.This article was originally published on U.Today More

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to launch Bybit Pay, an innovative payment platform designed to seamlessly connect traditional finance with the digital economy. This new solution is about processing payments and building strategic partnerships that drive growth, innovation, and financial inclusion on a global scale.Bybit Pay is a next-generation payment solution designed to simplify transactions across fiat and cryptocurrencies. With seamless integration across websites, mobile apps, and point-of-sale (POS) systems, Bybit Pay empowers businesses to offer efficient, secure, and low-cost payment options to their customers. Whether it’s for online platforms, in-store purchases, or cross-border payments, Bybit Pay bridges the gap between traditional payment methods and the growing demand for digital financial services.Bybit Pay is happy to welcome more forward-thinking partners joining its ecosystem – businesses, payment providers, and service platforms looking to innovate and scale their operations in the evolving digital finance landscape. Partners gain access to:For businesses, Bybit Pay offers the tools to drive potential revenue growth, reduce operational costs, and improve financial efficiency. At the same time, customers are able to benefit from faster transactions, lower fees, and the freedom to choose between fiat and cryptocurrency payment methods – creating a frictionless payment experience for all.A Vision for the FutureBybit Pay represents a new chapter in digital finance – where innovation, scalability, and reliability come together to create unparalleled opportunities for growth.#Bybit / #TheCryptoArkAbout BybitBybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.comFor updates, please follow: Bybit’s Communities and Social MediaContactHead of PRTonyBybittony.au@bybit.comThis article was originally published on Chainwire More