March 28, 2025
South Carolina may soon invest up to 10% of its unspent funds in digital assets, including Bitcoin, under a new bill. The proposal includes transparency measures like independent audits and public disclosure of asset holdings, and aims to diversify state finances while promoting rural development through cryptocurrency mining.
Bitcoin has dropped from its January peak of over $109,000 to around $86,000, with analysts predicting a possible fall to $70,000. Current market indicators show bearish trends, suggesting further declines.
Witsand, South Africa, becomes a frontrunner in Bitcoin adoption for everyday transactions, offering a financial alternative for the unbanked and a hedge against the weakening rand. This shift is attracting tourists and spurring local businesses to innovate, expanding Bitcoin's reach along the Garden Route.
March 27, 2025
Bitcoin's Hash Ribbon metric has flashed a buy signal for the first time since July 2024, suggesting the end of miner capitulation and a potential bullish market shift. Experts are optimistic, with predictions of Bitcoin surpassing $100,000 by Q2 2025, although some caution that other on-chain metrics remain sluggish.
Michael Saylor's Ghibli-themed post promotes Bitcoin, reinforcing his bullish stance as Strategy's holdings surpass 506,000 BTC. Analysts speculate this could hint at a potential market rally.
Michael Saylor's bold remarks at the DC Blockchain Summit, dubbing Bitcoin as the 'Manifest Destiny' for the US, triggered a 3.5% price surge to $67,225. This rally coincided with a 20% spike in trading volume, bolstering Bitcoin's market dominance and uplifting other cryptocurrencies.
PlebLab, since its 2021 inception in Austin, has transformed from a coworking space into a major accelerator for Bitcoin startups, fostering a collaborative community. With events like 'Top Builder' and 'Startup Day', it has propelled projects such as Jippi and Stacker.news, solidifying its role in the Bitcoin ecosystem.
President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve, highlighting the U.S. interest in cryptocurrencies as long-term financial instruments. Meanwhile, Russia remains cautious, with its Central Bank dismissing Bitcoin reserves in favor of gold and yuan, though the finance ministry is open to future crypto exploration.
Standard Chartered recommends selling Tesla stock and investing in Bitcoin, citing Tesla's 45% stock decline in 2025 due to competition and sales drops. Bitcoin is seen as a stable alternative due to institutional interest and its soaring price, making it a more attractive investment option.
Senator Ted Cruz has introduced the "Anti-CBDC Surveillance State Act" to prevent the Federal Reserve from issuing a central bank digital currency. The bill has garnered support from groups like the American Bankers Association and is part of ongoing opposition to CBDCs, citing privacy and government overreach concerns.
Bitcoin, born in 2009, has evolved into a major global financial player, with its prominence bolstered by the COVID-19 pandemic and increasing institutional investment. The U.S. President's endorsement further validates its significance, though investors should stay alert to regulatory and economic shifts.
Bitcoin trades at $88,200, aiming for a bullish breakout above $89,000, with potential to reach $92,000 amid shifting market sentiment. Short-Term Holders have increased their BTC holdings in 2025, despite some unrealized losses, reflecting cautious optimism in a climate of macroeconomic uncertainty.
Despite Bitcoin's borderless nature, over 60 countries impose restrictions on crypto purchasing apps, affecting nearly 2 billion users globally. While P2P exchanges and Bitcoin ATMs provide alternatives, many users face high fees and legal hurdles in restricted regions.
March 26, 2025
North Carolina lawmakers propose bills to allow state pension funds to invest in Bitcoin, highlighting a trend towards cryptocurrency adoption. These bills suggest secure storage methods and a Bitcoin Economic Advisory Board, aiming to modernize state investment strategies.
Bitcoin mining powered by Zambia's Zengamina hydroelectric plant has transformed its revenue, making up 30% and reducing electricity costs for locals. Gridless's model aims to utilize stranded energy, expanding into Africa's rural areas, but faces challenges balancing energy demand with potential grid connection.
Bitcoin mining revenues reached $3.7 billion in Q4 2024, a 42% jump from the previous quarter, driven by April's halving event. However, miners face challenges from obsolete equipment and low transaction fees.
Rep. Ro Khanna urged Democrats to embrace Bitcoin as a tool for financial empowerment, speaking at the Bitcoin Policy Institute's summit. He highlighted its potential to unify bipartisan support and attract crypto voters, crucial in swing states.
Bitcoin ATM scams are on the rise, with scammers exploiting these machines to defraud individuals, resulting in $65 million in losses in early 2024 alone. The FTC urges consumers to be wary of unexpected demands for cash transfers, as losses have dramatically increased from $12 million in 2020 to $114 million in 2023.
Quantum computing advancements threaten Bitcoin's security by potentially breaking its encryption, with experts urging the adoption of quantum-resistant solutions. As Bitcoin faces increasing regulatory pressures and potential 51% attacks, its community must address these challenges to ensure long-term viability.
A tweet by @MilkRoadDaily humorously highlighting family pressure to sell Bitcoin led to a quick dip in its price from $65,000 to $64,800. The tweet sparked increased trading activity and highlighted market volatility, with a surge in trading volume and a dip in the Crypto Fear & Greed Index, reflecting increased investor anxiety.