
Articles
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3 days ago |
cryptonews.com.au | Ben Knight
Cryptocurrency’s use in cross-border payments is closing in on 2021 highs, which eclipsed $800 billion USD. Bitcoin remains relatively popular as an asset for minor remittances, however stablecoins are the clear number one option. A study from the Bank for International Settlements uncovered that residents in developing economies were more likely to be the recipients of these crypto transfers.
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1 week ago |
cryptonews.com.au | Ben Knight
BitMEX co-founder Arthur Hayes suggests that the United States Bitcoin Reserve is unlikely to add to its holdings. Currently, the US Government is researching the viability of budget-neutral ways to buy BTC as a strategic investment. However, Hayes argues that this would be a bad look for the current Government due to ‘Bitcoin bros in the club’. The current Trump administration is already dealing with image concerns, with several polls showing record-low approval ratings.
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2 weeks ago |
cryptonews.com.au | Ben Knight
2025 has seen a significant portion of Bitcoin held on exchanges moved to self-custodial wallets. According to data from CryptoQuant, supply of BTC on exchanges is its lowest since 2019. Approximately 500,000 Bitcoins have been transferred to wallets in the first few months of 2025. On top of this, institutional demand is lifting after a slower start to the year. Bitcoin’s strongest week of 2025 has been capped off by exciting news for long-term holders – a global supply crunch could be coming.
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3 weeks ago |
cryptonews.com.au | Ben Knight
Paul Atkins, a pro-crypto advocate, has been sworn in as the new SEC Chair this week. The new head of the regulatory agency established his commitment to crypto immediately, citing crypto as a top priority under his leadership. Atkins’ personal investment in digital assets and advisory roles highlight his alignment with the sector’s growth.
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3 weeks ago |
cryptonews.com.au | Ben Knight
The crypto market has slowly started to consolidate following a rocky start to Trump’s presidency. Meanwhile, an April 20 filing from the Federal Election Commission revealed that Trump’s inauguration fund received over US $250 million in donations. Several crypto companies emerged as supporters, including Solana Labs, Consensys and Uniswap’s CEO. Other major companies across industries – such as McDonald’s and Apple – were also major contributors.
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