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A landmark US-China trade deal has ignited a fresh rally in the crypto market, lifting Bitcoi n closer to it s all-time high and spurring Japan’s Metaplanet and potentially Strategy to add to their BTC war chests. Announced after weekend talks in Switzerland, the agreement will see both nations slash tariffs on each other’s goods for 90 days as the nations work to defuse bilateral tensions. The US will lower levies on Chinese products from 145% to 30%, while China will reduce its tariffs on American imports from 125% to 10%. Bitcoin (BTC) responded positively, climbing over 1% to $105,231.94 as of early Monday, narrowing the gap to its January all-time high of $109,114.99. Other cryptos surged even more sharply — Pi Network (PI) jumped 55%, Dogwifhat (WIF) soared 39%, and Kaspa (KAS) gained 21% in 24 hours. Top altcoin Ethereum surged 3.9% and XRP climbed 2.8%. Metaplanet Surpasses El Salvador In Bitcoin Holdings With Latest Purchase Amid the bullish sentiment, J...

Jack Mallers is helming a trendy new crypto company, Twenty One. The newly announced MicroStrategy competitor, controlled by stablecoin giant Tether and its sister crypto exchange Bitfinex, plans to tap capital markets to leverage billions of dollars worth of bitcoin (BTC). Tether/Bitfinex has decided that a former marijuana industry entrepreneur-turned-Tether app operator would be the perfect CEO to take on Michael Saylor. Mallers cultivated a BTC-only brand for years — even while using altcoins like tether (USDT) for core business operations. This month, he’s continued to boast about his BTC-only ethos on national TV appearances promoting his new venture. As CEO of Twenty One, he will somehow use bond offerings, new software, and various financial services to grow the company’s BTC on an accretive basis over time. In repeated press appearances this week, Mallers has emphasized that owners of stock in Cantor Equity Partners (CEP), which will eventually chan...

In what is a major development that could have major ramifications, El Salvador and Nvidia (NVDA) have announced a partnership that is set to reshape and transform the country’s AI future. Indeed, the nation’s Bitcoin Office announced that it has recently signed a letter of intent (LOI) to partner with the Magnificent Seven company. The move comes as Nvidia is caught at a rather concerning crossroads. Specifically, it is stuck in a brewing trade war between the United States and China, which the company has already said will cost the company $5.5 billion. Yet, it is set to expand its global reach while working alongside the Central American nation. El Salvador Signs Letter of Intent to collaborate with NVIDIA on Sovereign AI to Drive Innovation and Economic Growth El Salvador has taken a big step toward technological advancement by signing a letter of intent to collaborate with NVIDIA on Sovereign AI initiatives. pic.twitter.com/nLzgEX4cEJ — The Bitcoin Office (@bitcoinoffic...

In what is a rather surprising global development, North Korea has reported surpassed El Salvador in total Bitcoin holdings after its most recent $1.4 billion Bybit hack. Indeed, Arkham Intelligence reported that the Lazarus hacker group currently holds 13,518 BTC, more than the governments of the Central American nation and Bhutan. The Lazarus group completed the $1.4 billion theft in February, and it has propelled the nation’s Bitcoin holdings. El Salvador currently holds just 10,635 BTC, while Bhutan holds more than 6,000 BTC. Indeed, both countries have sought to integrate the leading cryptocurrency in their financial operations as a nation. Source: Watcher Guru Also Read: BRICS: Russia and North Korea Announce Historic Agreement North Korea BTC Holdings Surpass El Salvador & Bhutan After Bybit Attack Although prices have not benefited, there is no denying that 2025 has been a massive year for the cryptocurrency market. The United States has led its own overhaul of its crypto ...

The IMF said “potential risks” of El Salvador’s Bitcoin project will be “diminished significantly” A Bitcoin podcaster questioned the true cost of the IMF’s monetary assistance to El Salvador El Salvador will receive additional funding from other major banks in a financial package totaling over $3.5 billion El Salvador will receive a $1.4 billion loan from the International Monetary Fund (IMF) over the next 40 months as it “confines” its Bitcoin-related activities. The IMF is to loan the amount to the Central American country under the Extended Fund Facility (EFF) so it can support the government’s economic reforms. “The potential risks of the Bitcoin project will be diminished significantly in line with Fund policies,” the IMF said in a statement. The IMF said that acceptance of Bitcoin by the private sector will be made voluntary while engagement in “Bitcoin-related economic activitie...

After being publicly condemned by governments worldwide, Bitcoin (BTC) emerged as a popular asset. Several nations have developed a new interest in the cryptocurrency sector. While countries like El Salvador have been going all in, a few others, like India, have been taking it fairly slower. Amidst this, a small country with a GDP of not more than $3 billion was seen holding a substantial amount of Bitcoin. Also Read: Singapore’s DBS Bank To Roll Out Bitcoin, Ethereum Options Trading Bhutan’s Bitcoin Holdings And Comparison With El Salvador Bhutan’s Staggering Crypto Holdings According to a recent report by Arkham Intelligence, a South Asian country, Bhutan, was seen holding a staggering 13,029 BTC. This is worth about $758 million. Less than 900,000 people live in the nation, which Arkham claims is currently home to the fourth-largest state-owned BTC. Other Cryptocurrencies Held By Bhutan Along with BTC, the country also holds other prominent cryptocurrencies. This includes a small qu...

Bitcoin City, a new project in El Salvador, is getting a lot of attention in the cryptocurrency world. This plan aims to build a tax-free area powered by volcano energy and funded by Bitcoin mining. As El Salvador moves forward with its new take on digital money, recent news has people talking about the project again. Also Read: Ripple: Here’s How To Be A Millionaire If XRP Hits $10 Understanding El Salvador’s Bitcoin City – Volcano Energy & Crypto Mining The Idea Behind Bitcoin City El Salvador wants to create a modern city where Bitcoin is the main currency. The city plans to use energy from nearby volcanoes to run Bitcoin mining computers. This could create a city that pays for itself. Many Bitcoin fans around the world are excited about this idea. New Developments in Building the City Recently, the Bitcoin City project got a big boost. A Turkish company called Yilport is investing $1.62 billion in two of El Salvador’s seaports. This is the biggest private investmen...

The El Salvadoran Congress has approved a law to speed up the citizenship acquisition for those who make donations in Bitcoin (BTC). El Salvador’s Congress, with backing from President Nayib Bukele’s New Ideas party, has passed a migration law that offers fast-tracked citizenship to foreigners who contribute to government social and economic programs through Bitcoin donations. This unexpected decision, made in a late-night vote by the unicameral legislature on Dec. 21, is expected to come into enforcement in the coming days, per a Reuters report. However, the law does not contain any minimum requirements for a donation. The reform stipulates that those who qualify will skip the standard need for the naturalization process of five years of continuous residence for anyone from a non-Hispanic country or two years if the person has a Salvadoran spouse. You might also like: Few people sent money to El Salvador using Bitcoin and Crypto in H1 2023 At the same time, ...