Bitget has teamed up with UNICEF Luxembourg in a three-year partnership to advance STEM and blockchain literacy among young people, particularly girls, in eight countries: Armenia, Brazil, Cambodia, India, Kazakhstan, Malaysia, Morocco, and South Africa. The initiative, under UNICEF’s Game Changers Coalition, targets 300,000 participants, including students, parents, and educators, with the broader goal of empowering 1.1 million girls by 2027. Bitget’s $10 million Blockchain4Her program further supports this mission by providing mentorship, funding, and educational resources to promote women’s digital and financial inclusion. The collaboration aligns with global efforts to close the gender gap in tech and blockchain industries.
about Bitget & UNICEF Boost STEM Skills for Girls in 8 NationsUnidef
0 posts last weekEl Salvador Defies IMF and Continues Daily Bitcoin Purchases
El Salvador’s President Nayib Bukele announced the continuation of daily Bitcoin purchases despite pressure from the International Monetary Fund (IMF) to halt accumulation as part of a $1.4 billion loan agreement. The country, now holding 6,101 BTC valued at approximately $534.5 million, has not clarified its stance on other IMF requests, including restrictions on Bitcoin mining and public sector debt linked to the cryptocurrency.
about El Salvador Defies IMF and Continues Daily Bitcoin PurchasesCrypto Leaders Criticize Proposed US Stablecoin Regulations as Anti-American
A U.S. venture capitalist has criticized proposed regulations that would restrict international stablecoin issuers from accessing the U.S. treasury market, arguing it undermines U.S. dollar dominance and exacerbates national debt issues. Vance Spencer warns that such regulations could push overseas issuers like Tether out of the market, echoing sentiments from other industry leaders who label the legislation as anti-American and detrimental to national security. Tether’s CEO, Paolo Ardoino, also condemned rival stablecoin issuers for allegedly seeking to undermine USDT, vowing to protect users reliant on the traditional financial system.
about Crypto Leaders Criticize Proposed US Stablecoin Regulations as Anti-AmericanCryptocurrency Market Shows Resilience Despite Recent Corrections and Stagnation
Joe Weisenthal, co-host of Bloomberg’s “Odd Lots” podcast, remarked on the cryptocurrency market’s resilience, noting its performance is impressive despite a stagnant altcoin market cap compared to 2021’s peak. While Bitcoin’s market cap has grown, Ethereum’s dominance has dropped to around 10%. Despite a recent correction where major altcoins lost about 15% in a day, the total cryptocurrency market cap remains close to $3 trillion, contrasting sharply with the significant declines seen in SPACs.
about Cryptocurrency Market Shows Resilience Despite Recent Corrections and StagnationInvestment Strategies for Navigating Market Volatility and Uncertainty
Investors are advised to maintain a solid strategy and assess their risk tolerance, especially during market downturns. While some may shift to safer fixed-income products like U.S. Treasury bonds, the political climate under President Trump could create volatility, with potential for smoother market conditions later in the year. Experts caution against drastic changes based on short-term fluctuations, emphasizing the importance of staying the course.
about Investment Strategies for Navigating Market Volatility and UncertaintyInvestors Show Confidence in Stock Market Amid Low Cash Allocations
Investors are showing strong confidence in the stock market, with cash allocations dropping to the lowest level in nearly four years, according to Bank of America’s survey. U.S. equities are the top choice, while bond allocations have decreased significantly. The “Magnificent Seven” stocks are projected to see substantial earnings growth, reflecting robust fundamentals despite concerns over valuations.
about Investors Show Confidence in Stock Market Amid Low Cash AllocationsAsian markets react cautiously to US presidential inauguration and tariff concerns
Asian shares traded mixed amid muted reactions to the U.S. presidential inauguration, with Japan’s Nikkei 225 slipping 0.1% and Australia’s S&P/ASX 200 gaining 0.5%. Optimism about U.S.-China relations grew as President Trump refrained from immediate tariff actions, while energy prices saw a decline in U.S. crude. The U.S. dollar weakened slightly against the yen and euro, reflecting uncertainty over Trump’s tariff policies.
about Asian markets react cautiously to US presidential inauguration and tariff concernsAsian Stocks Mixed Ahead of Key US Inflation Data Release
Asian stocks showed mixed results as investors awaited key U.S. inflation data that could impact Federal Reserve rate cuts. Japan’s Nikkei rose 0.1%, while South Korea’s Kospi gained 0.2% amid political turmoil. In the U.S., the S&P 500 edged up 0.1%, driven by lower-than-expected wholesale inflation, although concerns over rising Treasury yields and disappointing earnings from major companies like Eli Lilly weighed on market sentiment.
about Asian Stocks Mixed Ahead of Key US Inflation Data ReleaseStocks Retreat as Inflation and Interest Rate Concerns Resurface
Stocks have retreated to pre-Election Day levels as inflation and interest-rate concerns resurface, with the Nasdaq down 1% and S&P 500 futures below their Nov. 6 levels. A strong jobs report has shifted expectations, suggesting the Federal Reserve may not lower rates as anticipated, raising fears of higher borrowing costs and inflation. Trump’s mixed signals on fiscal policy and potential tariffs add to market uncertainty, with upcoming price data expected to influence trends further.
about Stocks Retreat as Inflation and Interest Rate Concerns ResurfaceTether Relocates to El Salvador to Enhance Crypto Innovation and Regulation
Tether, the issuer of the USDT stablecoin, is relocating its operations to Bitcoin-friendly El Salvador after acquiring a Digital Asset Service Provider license. This move aligns with the country’s vision of financial freedom and innovation, as it aims to attract tech entrepreneurs. Despite Tether’s significance in the crypto market, it faces scrutiny over transparency regarding its reserves and has denied reports of a U.S. investigation into its practices.
about Tether Relocates to El Salvador to Enhance Crypto Innovation and RegulationBitcoin Faces Short-Term Pressure Amid Economic Data and Market Sentiment
Bitcoin is experiencing short-term pressure due to macroeconomic shifts and changing sentiment, with its price dropping over 4% to around $97,856. Analysts highlight the strengthening U.S. dollar and recent economic data as key factors, while some investors see potential opportunities in the dips. Looking ahead, Bitcoin’s trajectory will likely be influenced by Federal Reserve policies and looming structural risks, including the U.S. Treasury’s debt limit discussions.
about Bitcoin Faces Short-Term Pressure Amid Economic Data and Market SentimentU S Congress Prioritizes Crypto Regulation Amid Market Expectations and Challenges
The 119th Congress prioritizes crypto legislation, focusing on stablecoins and market structure, with hopes for clarity on regulatory oversight. While bipartisan support exists, significant delays are expected, as political pressures and other legislative priorities may slow progress. Optimism for a national bitcoin reserve remains low, with experts doubting swift action.
about U S Congress Prioritizes Crypto Regulation Amid Market Expectations and Challenges