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Polish presidential candidate pledges support for strategic Bitcoin reserve

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A Polish presidential candidate has pledged to establish a strategic Bitcoin reserve as part of his economic policy if elected. The candidate, who is running on a platform of economic modernization, announced that his administration would focus on integrating Bitcoin into the national financial system. This proposal aims to boost Poland’s economic resilience by diversifying its reserves and positioning the country as a leader in digital currency adoption in Europe.

The candidate emphasized that holding Bitcoin as a reserve asset could provide Poland with greater financial stability, especially during times of economic uncertainty. By adding Bitcoin to Poland’s foreign reserves, he believes the country could hedge against inflation and currency devaluation risks. The candidate’s proposal is seen as a bold move, reflecting growing interest in cryptocurrencies as a legitimate store of value and a potential alternative to traditional assets like gold or foreign currency.

While Bitcoin adoption remains a contentious issue globally, with many countries taking a cautious or hostile stance, Poland’s proposal is part of a broader trend of increasing acceptance of cryptocurrencies in some nations. Several governments and financial institutions are exploring ways to integrate digital currencies into their economic systems, and Poland’s potential move could signal a shift in Europe’s approach to Bitcoin. The candidate’s plan has sparked debate among Polish lawmakers and financial experts, with some expressing optimism about its potential benefits, while others raise concerns about the volatility and risks associated with holding Bitcoin.

If the candidate’s proposal moves forward, Poland could become one of the first countries to officially hold Bitcoin as part of its national reserves. The move would place Poland at the forefront of cryptocurrency adoption in Europe, joining a small but growing group of nations exploring the integration of digital currencies into their financial systems. However, with Bitcoin’s price volatility and regulatory uncertainties still prevalent, the success of such a policy would depend on careful implementation and ongoing adjustments to global market conditions.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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