Author: CryptoHoppers

Key Takeaways Nayib Bukele and Michael Saylor discussed Bitcoin at the presidential palace on Feb. 13. El Salvador’s recent legislative amendments make Bitcoin voluntary legal tender and prohibit its use for tax payments, aligning with IMF loan requirements. Share this article El Salvador President Nayib Bukele and Strategy founder Michael Saylor met at Casa Presidencial, the Presidential House of El Salvador, on Thursday to discuss Bitcoin, according to the country’s National Bitcoin Office (ONBTC). President Bukele met with Michael Saylor this afternoon at Casa Presidencial. Bitcoin was discussed. 🇸🇻🚀 pic.twitter.com/q0ycdnGg62 — The Bitcoin Office (@bitcoinofficesv) February 14, 2025On Feb. 13,…

Coinbase reportedly plans to return to the Indian market this year. The company is said to have already contacted India’s regulators, such as the Financial Intelligence Unit. Coinbase entered the Indian market in 2022 before suspending its operations three days later. According to a Techcrunch report, Coinbase plans to resume operations in India after a one-year break. The crypto exchange company reportedly engaged India’s Financial Intelligence Unit to discuss its comeback.  Coinbase plans to return to the Indian market amid regulatory concerns  According to a report citing people familiar with the matter, Coinbase is said to have engaged the FIU …

Hong Kong’s regulators have officially approved the China Asset Management Hong Kong Dollar Digital Currency Fund (“the Fund”), set to be listed by the end of February. This marks the launch of the first-ever retail tokenized fund in the region, allowing investors to access returns from HK dollar-denominated funds through blockchain technology. Hong Kong Dollar Digital Currency Fund: First of its Kind in APAC According to the announcement,  with the approval from the Securities and Futures Commission (SFC), the Fund aims to provide investors with enhanced on-chain investment opportunities by integrating blockchain. This will ensure transparent, secure, and scalable settlement…

Key Takeaways Coinbase is engaging with Indian regulators for re-entry after halting operations over regulatory challenges. The timeline for Coinbase’s return depends on securing approvals like an FIU operating license. Share this article Coinbase is actively working with relevant Indian authorities, including the Financial Intelligence Unit (FIU-IND) in a bid to re-establish its presence in the market, according to a new report from TechCrunch, citing sources with knowledge of the matter.The move comes after the firm stopped onboarding new users in India in June 2023. The country’s authorities strictly regulate digital assets, despite their growing adoption. While crypto trading remains…

Journalist Posted: February 12, 2025 BTC stalled at $98K and plunged after Powell’s slow Fed rate cut outlook.  Demand for BTC has slightly dropped amid macro uncertainty.  Bitcoin’s [BTC] early week recovery stalled at $98K and dumped to $95K following Fed’s chair Jerome Powell’s hawkish outlook on interest rate cuts. During his semi-annual monetary report to the U.S. Congress on the 12th of February, Powell reinforced that the agency was not ‘in a hurry to change its policy stance.’ He said,  ‘Our policy stance is now less restrictively than it had been, and the economy remains strong. We do not…

Will this legacy cryptocurrency become bullish once again? Let’s find out in this Bitcoin Cash price prediction. Bitcoin Cash is a cryptocurrency associated with Bitcoin, yet it hasn’t performed like the leader of all cryptocurrencies. Its price action has lagged while Bitcoin (BTC) and other cryptocurrencies have experienced significant pumps. Since its launch back in 2017, the Bitcoin Cash (BCH) token has seen an all-time high of $3,785.82 followed by a 91% drop in price. At the time of writing, it is now trading at $330.2, which is around a 21% increase from its previous weekly low. BCH 1w chart…

Key Takeaways President Trump plans to nominate Brian Quintenz from a16z as CFTC chair. Brian Quintenz has experience with Bitcoin and Ethereum futures regulation at the CFTC. Share this article President Donald Trump has picked Brian Quintenz, the current Head of Policy at a16z crypto, to lead the Commodity Futures Trading Commission, according to a White House document shared by Unchained.The nomination has been verified by Bloomberg and FOX Business journalist Eleanor Terrett.” Although there has been no official statement from the White House, CFTC officials have confirmed the move, said the journalist. “I congratulate my friend Brian Quintenz on his…

Key Takeaways Binance and SEC filed a joint motion for a 60-day pause in their legal proceedings. The SEC’s new crypto task force may influence the resolution of ongoing cases. Share this article The US SEC and Binance have filed a joint motion to pause their legal proceedings for 60 days, according to FOX Business journalist Eleanor Terrett. She suggests this development could open the door for other companies facing SEC lawsuits—especially in non-fraud cases, like Ripple, Coinbase, and Kraken—to do the same. 🚨NEW: Here’s the first requested pause on #crypto litigation in the courts since @MarkUyedaUS took over as…

In the new crypto week, Bitcoin is projecting strong possibilities of a bullish comeback. With an intraday gain of 1.38%, Bitcoin is close to crossing above the $98,000 mark. As the bullish comeback marks the end of four consecutive doji candles, Bitcoin is aiming to reclaim the $100,000 mark this week. Will this reclamation lead to a new all-time high for Bitcoin? Let’s find out. Bitcoin Price Analysis: A Bullish Halt in the Negative Cycle In the daily chart, the BTC price trend showcases an early halt in a negative cycle. The negative cycle was between a consolidation range extending…

Nigeria’s crypto scene took a big hit last year.A sudden government crackdown on unlicensed platforms sent shockwaves through the market, leaving investors scrambling. Then came the bombshell – two Binance executives were detained, with one of them, Tigran Gambaryan, jailed until U.S. intervention secured his release in October. Panic spread, trust eroded, and the numbers told the story: stablecoin usage in Nigeria plunged by 38%, with volumes shrinking to $23.6 billion, according to Chainalysis.But now, something unexpected is happening. After months of strict enforcement, Nigeria appears to be shifting gears. The same regulators who cracked down on crypto are now…