Crypto Update: 23rd January 2025
1. Bitcoin: The price remains strong, holding above $104,000.
2. 🇰🇪 Kenya: Drafting new laws to regulate the digital asset sector, which attracts nearly 10% of its population. The focus is on licensing crypto exchanges and wallets.
3. 🇺🇸 Trump’s World Liberty Financial: Purchases another $9.8 million in Wrapped Bitcoin
4. 🇺🇸 Fathom Holdings: Adopts a Bitcoin treasury strategy.
5. Morgan Stanley: CEO confirms collaboration with regulators to facilitate crypto transactions.
6. #Solana: Becomes the first blockchain to surpass $200 billion in monthly DEX volume.
7. Ledger Co-founder: Freed by police after a reported kidnapping incident.
8. #BlackRock: Acquires another $600 million in Bitcoin, increasing holdings to 569,343 $BTC.
9. Binance Labs: Rebrands to YZI Labs.
10. BlackRock CEO Larry Fink: Calls for the SEC to expedite the tokenization of bonds and stocks.
11. Auradine: Former Intel director Lip-Bu Tan joins the US-based Bitcoin mining chip designer as a director.
12. 🇩🇪 Deutsche Bank: Forecasts a bullish 2025 for Bitcoin, citing improved US regulation under President Trump, increased institutional investment, and FED’s accommodative monetary policy.
13. 🇺🇸🇸🇻 US-El Salvador Relations: President Trump to hold discussions with El Salvador’s pro-Bitcoin President Nayib Bukele.
14. Bitwise: Files for a Dogecoin (#DOGE) ETF.
15. 🇺🇸 Kansas: Senator Bowser tables a bill to invest up to 10% of public employee retirement funds in Bitcoin ETFs.
Stay tuned for more updates in the crypto space!
