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Showing posts from January 11, 2025

Bitcoin's Price Surge: What’s Driving the Hype and What Does It Mean for the Future? By ChainFabricNews

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image source: toptal  Bitcoin, the world’s most well-known cryptocurrency, has been making waves recently with a sharp rise in its price. As of early 2025, Bitcoin has surpassed the $99,000 mark, which has many investors and analysts excited. But why has Bitcoin suddenly gained so much attention, and what does it mean for the future of cryptocurrencies? In this article, we’ll take a closer look at the factors behind Bitcoin's surge and what it could mean for the broader market. Why Is Bitcoin's Price Going Up? Several factors are coming together to drive the price of Bitcoin higher, making it one of the hottest topics in the world of finance. 1. More Interest from Big Investors One of the key reasons behind Bitcoin's price jump is the growing interest from large investors. In recent years, many big companies and financial institutions have started to invest in Bitcoin. Companies like Tesla, MicroStrategy, and even banks have bought large amounts of Bitcoin, helping boost co...

France’s Move to Embrace Cryptocurrency: Hexarq Gets Regulatory Approval By ChainFabricNews

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image source; belncrypto The cryptocurrency scene in France is making headlines as Hexarq, the crypto subsidiary of Groupe BPCE, has officially received regulatory approval. On December 20, 2024, the Autorité des Marchés Financiers (AMF), France’s financial regulatory body, granted Hexarq authorization to operate as a registered Digital Asset Service Provider (DASP). This milestone is a testament to the growing legitimacy of cryptocurrencies in France and highlights how traditional financial institutions are beginning to embrace this new frontier. This approval places Hexarq in an elite category, as it is only the second banking entity in France—after Société Générale’s Forge—to achieve this level of recognition. France is solidifying its role as a leader in the European crypto space by merging the expertise of traditional banking with the innovative capabilities of blockchain technology. Groupe BPCE’s Bold Step Forward Groupe BPCE, one of France’s largest banking groups, is setting a ...

Coincheck’s Nasdaq Debut: A Major Milestone for Japan’s Crypto Industry By ChainFbaricNews

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image source: bitcoinist  In a groundbreaking moment for Japan’s cryptocurrency scene, Coincheck, one of the country’s most prominent crypto exchanges, officially made its debut on Nasdaq in December 2024. This milestone was achieved following a $1.3 billion merger with Thunder Bridge Capital Partners IV, a special-purpose acquisition company (SPAC). This move not only highlights Coincheck’s impressive growth but also reflects Japan’s rising influence in the global crypto market. Expanding Horizons: Coincheck Goes Global Coincheck’s listing on Nasdaq is a bold step aimed at expanding its reach beyond Japan. By entering the U.S. stock market, the company gains access to significant capital, which will help fund its plans for global expansion. The listing also demonstrates Coincheck’s commitment to transparency and compliance, two critical factors for building trust in the often unpredictable world of digital assets. Despite its success in Japan, Coincheck recognizes the immense pote...

South Africa Considers Opening the Door for Pension Fund Investment in Cryptocurrencies By ChainFabricNews

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image source: forbes india  South Africa’s financial landscape is on the brink of a significant shift as the country debates whether to allow pension funds to invest in cryptocurrencies. This potential change could open up exciting opportunities for both retirees and the broader investment community, but it also comes with risks that need to be carefully managed. Currently, South African pension funds are not allowed to invest in cryptocurrencies, as the regulations prioritize safer, more stable investments like stocks, bonds, and real estate. However, with the growing popularity of digital assets like Bitcoin and Ethereum, local cryptocurrency exchanges are urging policymakers to reconsider these rules. They argue that including cryptocurrencies in pension fund portfolios could offer South Africans better financial returns and diversification options. Why Cryptocurrencies? Cryptocurrencies have shown remarkable growth over the past decade. Bitcoin, for instance, has consistently o...