Peter Schiff, often known for his **skepticism towards Bitcoin (BTC)** and cryptocurrencies, surprisingly influenced some to invest in **digital assets**. Recently, a follower challenged Schiff on his accuracy, particularly as Bitcoin reached a new **all-time high** of approximately **$110,000**. Schiff responded by highlighting that, despite his views on Bitcoin, he has been correct about several other financial trends, particularly concerning **gold prices**.

### The Unexpected Influence

Schiff acknowledged that many who purchased BTC trusted his insights on broader economic trends, even if they disagreed with his **cryptocurrency opinions**. His long-standing advocacy for gold, which is often seen as **"digital gold"** by many, including Federal Reserve Chair **Jerome Powell**, makes his arguments about inflation applicable to Bitcoin as well.

### Inflation and Bitcoin

Schiff's commentary on **inflation** and strategies for saving money during economic surges may have encouraged individuals to consider Bitcoin as a viable investment option. His track record in the financial realm has lent credibility to his views, leading to an unexpected surge in interest for Bitcoin among his followers.

Schiff Reveals How His Predictions Moved People to Buy Bitcoin (BTC)

How Peter Schiff's Skepticism Sparked a Bitcoin Buying Frenzy

Cryptocurrencies have **revolutionized** the financial landscape, introducing **decentralization** that enhances what **fiat money** offers. Among the many cryptocurrencies, **Bitcoin** stands out as the largest and most popular digital coin, attracting attention beyond just tech enthusiasts. As more businesses begin to accept **crypto payments**, they tap into the advantages that digital ledgers provide.

## Why Have Enterprises Started to Accept Crypto Payments?

The surge in businesses accepting crypto payments is driven by rising **crypto adoption** and the desire to remain relevant to clients. More consumers, especially **Gen Z** and **Millennials**, seek out **crypto-friendly companies** where they can use their digital currencies. Bitcoin’s ability to function globally and seamlessly across borders enhances its appeal for businesses looking to improve payment experiences and navigate traditional banking limitations.

## What Are the Best Advantages of Bitcoin Payments?

### Low Fees

Businesses can save costs by accepting Bitcoin due to **lower transaction fees**. Unlike fiat transactions, which can incur fees of 2%-4%, Bitcoin transactions often eliminate intermediaries, resulting in better profit margins.

### Rapid Payments

Bitcoin transactions are confirmed in **minutes**, providing faster payment processing compared to traditional methods that can take days, especially during peak times. This efficiency enhances **cash flow** and improves customer experience.

### Better Security

Bitcoin payments utilize **cryptographic techniques** that enhance security and reduce the risk of fraud. Users can make transactions without revealing personal information, which helps protect against data breaches.

### Access New Markets

By accepting crypto payments, businesses can tap into **new markets** and attract customers from regions dealing with high inflation, making Bitcoin an attractive option for navigating economic challenges.

## Can Bitcoin Be the Best Way for Companies to Revolutionize Their Operations?

Embracing Bitcoin payments could be the key to unlocking new opportunities and improving business operations globally. With its **largest market cap** and **first-mover advantage**, Bitcoin remains the top choice for companies looking to invest in cryptocurrencies. Its potential to enhance efficiency and customer satisfaction makes it a vital consideration for enterprises today.  

![Bitcoin](https://swiftmedia.s3.amazonaws.com/pacific.swiftcom.com/images/sites/5/2025/01/21102105/traxer-unsplash-1024x681.jpg)  
*Image Source: traxer-unsplash*

Cryptocurrencies have forever revolutionized the financial landscape, as they have finally brought decentralization into the game, and because of this, they have improved what fiat money offers to individuals. In the realm of many crypto...

Unlocking the Benefits: Why Businesses Should Embrace Bitcoin Payments

## REX Shares Files for Groundbreaking Crypto ETFs

In a stunning move just a day after **Gary Gensler's** departure from the SEC, **REX Shares** has filed for a variety of **crypto exchange traded funds (ETFs)**. This includes the first-ever funds for the newly launched **TRUMP meme coin**, alongside popular contenders like **BONK** and **Dogecoin**. Additionally, the filings aim to establish funds for **Bitcoin**, **Ethereum**, **Solana**, and **XRP**.

The Miami-based firm is known for its extensive range of exchange-traded products, including numerous crypto services via its affiliate, **Osprey Funds**. Among its offerings are leveraged funds for **Bitcoin**, **Ethereum**, and **MicroStrategy**, with over **$8 billion** in assets under management.

This recent filing marks **REX's** inaugural entry into the meme coin ETF space, potentially setting the stage for the first meme coin ETFs in the United States, following the recent shift in SEC leadership with **Mark Uyeda** stepping in as acting chair.

## A New Era for Crypto ETFs

The filings come in the wake of significant developments in the cryptocurrency landscape, particularly with the approval of the first spot **Bitcoin ETF** in January 2024, followed by **Ethereum ETFs** later that year. Although there were attempts to file for **Solana** and **XRP ETFs**, these efforts did not gain traction. However, optimism is resurging with **Donald Trump's** inauguration as the 47th President of the United States, leading to a renewed hope for ETF approvals.

As expressed by a **Core Contributor for BONK**, the timing is ripe for pushing traditional investments into the crypto realm, enhancing accessibility for investors who may not engage with assets on-chain. 

This move signifies a pivotal moment in the crypto industry as it seeks greater acceptance and integration within traditional financial markets. 

*Edited by [Stacy Elliott](https://decrypt.co/author/stacy).*

Just a day after Gary Gensler’s formal exit from the SEC, a slew of meme coin ETFs have been filed.

Exciting New Crypto ETFs Filed: Trump, BONK, Dogecoin, and Bitcoin Take Center Stage!

### Binance CEO's Bold Prediction

**Richard Teng**, the CEO of Binance, recently shared his optimistic outlook on Bitcoin during an interview with CNBC. He believes that **Bitcoin will reach a new all-time high in 2025**, driven by **positive regulatory changes** in the U.S. under the newly inaugurated President **Donald Trump**.

During a fireside chat at the **World Economic Forum** in Davos, Switzerland, Teng emphasized that this year marks a significant shift in the crypto landscape, stating, "If you look at past cycles, this year will be a year that we see a new all-time high for the crypto industry."

### Current Market Status

Currently, Bitcoin is trading near **$104,000**, despite a recent **3% decline** in the last 24 hours amidst a broader market slump. Teng noted that the **narrative around crypto** has changed dramatically, with increasing positive sentiments from political and corporate leaders.

### Expectations for U.S. Legislation

Teng anticipates progress in various legislative areas concerning crypto, including **token issuance**, **trading**, and **asset management**. He highlighted that both the **House of Representatives** and the **Senate** are now more favorable towards crypto compared to previous years.

### Key Political Figures

The Binance CEO mentioned that notable figures in U.S. politics, including Trump, are expected to appoint **pro-crypto regulators** to significant roles within the **SEC** and **CFTC**. Furthermore, Trump has expressed intentions to establish a **U.S. strategic bitcoin reserve**, which could provide the crypto sector with **certainty** and **recognition**.

### Conclusion

With these developments, Teng's insights suggest that the crypto market could be on the brink of a new era, promising exciting opportunities for investors and enthusiasts alike.

Binance CEO Richard Teng told CNBC he sees "much clearer regulation" in the U.S. this year, adding this will be supportive for crypto markets.

Binance CEO Predicts Bitcoin to Reach New Heights by 2025 Amid U.S. Regulatory Changes

### Bitcoin's Recent Decline

After reaching an astonishing record high of **$109,000** on Inauguration Day, **Bitcoin** has experienced a **2% drop**, settling at **$104,396** as of Tuesday morning. This decline comes amid President **Donald Trump**'s busy first day in office, during which cryptocurrency was notably absent from his agenda.

### The Crypto Community's Concerns

With Trump's history of making **lofty promises** regarding cryptocurrency, his initial actions in this area are under **intense scrutiny**. Alexander Blume, CEO of Two Prime, pointed out that Trump, who has branded himself as the **crypto president**, must fulfill his campaign promises to avoid backlash from the crypto community.

### Trump's Mixed History with Crypto

During his previous term, Trump labeled Bitcoin as a **“scam”** and expressed that he was **“not a fan”** of cryptocurrencies. When he first took office in 2016, Bitcoin was valued at around **$700**. His comments have left many in the crypto community skeptical of his commitment to supporting digital currencies.

### Changes in Regulatory Leadership

Notably, the crypto community celebrated the resignation of **Gary Gensler**, the SEC Chair and a prominent critic of cryptocurrencies. His departure is seen as a positive shift, potentially paving the way for Trump's new SEC pick, **Paul Atkins**, who still requires Senate confirmation.

### Future Implications

As Trump prepares to take action on cryptocurrency, the industry is keenly watching how these developments unfold. Fulfilling his promise of establishing a **national Bitcoin reserve** could be crucial for maintaining investor confidence and supporting the cryptocurrency market's growth.

![Bitcoin Price Chart](https://example.com/bitcoin-price-chart.png)

After soaring to new record highs on Inauguration Day, Bitcoin took a hit

Why Bitcoin Dropped After Trump's Inauguration: A Closer Look

## Cathedra Bitcoin Announces Partnership with Synota

**Cathedra Bitcoin** (TSXV: CBIT) (OTCQB: CBTTF) has announced a strategic partnership with **Synota**, a software company that specializes in automated payments for C&I energy and hosting contracts. This collaboration will enable **daily or weekly settlement of hosting bills**, enhancing cash flow management and mitigating financial risks.

### Partnership Benefits
The partnership provides Cathedra with **greater flexibility in bitcoin accumulation**, allowing them to receive hosting payments in either **U.S. dollars or bitcoin**. Synota’s platform integrates various payment channels, streamlining payment processes and simplifying back-office operations. This alliance is designed to enhance operational efficiency while allowing Cathedra to optimize its bitcoin acquisition strategy through direct streaming from hosting operations.

### Management Insights
Drew Armstrong, President and COO of Cathedra, stated, "We are thrilled to be partnering with Synota, a company we have been following for some time. Their platform improves our cash flow cycles and reduces credit risk to our hosting counterparties, making it easier for us to stack bitcoin opportunistically."

Austin Mithcell, Co-Founder and CEO of Synota, added, "Cathedra is an exciting partnership for Synota. They recognize both the financial and operational value of transactional flexibility and transparency. We look forward to growing our business with them."

### About Cathedra Bitcoin
As of the latest update, Cathedra holds approximately **50.8 bitcoin**, valued at around **$5.6 million**, and aims to maximize its per-share bitcoin holdings through its operations across North America.

### About Synota
Synota, based in Worthington, Ohio, is focused on driving efficiency in the energy sector through innovative payment solutions. The company has seen strong growth in software utilization and is set for continued adoption in 2025.

Cathedra Bitcoin adopts Synota's automated payment system for mining hosting contracts, enabling flexible USD/BTC settlements and streamlined cash flow management.

Cathedra Bitcoin Teams Up with Synota: A Game-Changer for Mining Payment Solutions

### Bitcoin's Remarkable Recovery
Currently, **bitcoin** is up approximately **550%** from its cycle lows, echoing patterns from previous cycles. 

### The Aftermath of the FTX Collapse
The **FTX collapse** is now a distant memory, when bitcoin fell to around **$15,500** in November 2022, amidst extreme fear in the market. Fast forward just over two years, and bitcoin is trading over **$100,000** under a new, presumably crypto-friendly U.S. administration led by Donald Trump.

### Four-Year Cycle Analysis
One of the prevailing discussions surrounding bitcoin is its **four-year cycle**, linked to its **halving program** which reduces supply every four years. Historically, significant price appreciation follows the halving, and the current cycle appears to mimic the previous two.

### Current Market Performance
As of now, bitcoin's price has surged around **550%** from the lows during the FTX crisis. This mirrors the **2015 to 2018** cycles, where bitcoin also saw similar gains at this stage. Notably, during the **2018 to 2022** cycle, bitcoin was up about **1,300%** at this point, which is more than double the current gains.

### Predictions for the Future
If bitcoin continues to follow the **2015-2018 cycle**, it could end the first quarter of **2025** around **$186,000**, marking a **1,100%** increase from its cycle low. Furthermore, the peak of this cycle could potentially reach an astonishing **$1.7 million** around October this year.

### Historical Context with U.S. Administration
Additionally, comparisons to past U.S. presidential administrations reveal that bitcoin experienced a **20x** increase during Trump's first term. A mere **10x** return from current levels could see bitcoin approaching **$1 million**.

![Bitcoin Chart](https://example.com/path-to-your-image.jpg)

Currently, bitcoin is up approximately 550% from the cycle lows, which aligns with previous cycles. 

Could Bitcoin Really Hit $1 Million by Year-End? Insights from Van Straten

Blockchain technology has rapidly gained **prominence** as a **progressive system**, originally serving as the backbone of **Bitcoin** and now transforming various industries. Many people mistakenly associate blockchain only with cryptocurrencies, but its potential extends far beyond digital currency. In this article, we’ll break down the **basics of blockchain**, highlight its **numerous applications**, and explain why it transcends the confines of Bitcoin. We will also explore the significance of concepts like the **Bitcoin Wallet** within the broader blockchain ecosystem.

## What Is Blockchain
**Blockchain** is a **decentralized digital ledger** that records information in a secure, transparent, and tamper-proof manner. Its key attributes include:

- **Decentralization**: No central authority controls the blockchain; it is maintained by a network of computers (nodes).
- **Transparency**: All transactions are visible to participants, enhancing trust.
- **Immutability**: Once a transaction is recorded, it cannot be altered or deleted.

Each piece of data on a blockchain is stored in **blocks**, linked in chronological order, forming a continuous **“chain.”** This structure ensures **data integrity** and security, making it ideal for use cases that require **trust** and **accountability**.

## How Does Blockchain Work
Understanding the functionality of blockchain is crucial to appreciating its broader implications. Here’s how it works:

- **Transaction Creation**: A user initiates a transaction, such as transferring funds or recording data.
- **Validation**: Network participants (nodes) confirm the transaction’s validity using consensus mechanisms like **Proof of Work (PoW)** or **Proof of Stake (PoS)**.
- **Block Formation**: Valid transactions are grouped into a block that is cryptographically linked to the previous block.
- **Decentralized Storage**: The blockchain ledger is updated across all nodes, ensuring redundancy and security.

For Bitcoin users, this process is essential for verifying transactions, managing a Bitcoin Wallet, and ensuring that the cryptocurrency system operates without centralized oversight.

## Blockchain vs. Bitcoin: A Broader Perspective
While Bitcoin is the most recognized use case of blockchain, the technology’s applications extend far beyond virtual currencies. Here’s a closer look at why blockchain is more than just Bitcoin:

### Financial Applications Beyond Cryptocurrencies
- **Smart Contracts**: Blockchain enables self-executing contracts that automatically enforce terms without intermediaries, saving time and reducing costs.
- **Decentralized Finance (DeFi)**: DeFi platforms leverage blockchain to provide services like lending, borrowing, and trading without traditional banks.
- **Cross-Border Payments**: Blockchain facilitates faster and cheaper global money transfers.

### Supply Chain Transparency
- Blockchain can track goods throughout their lifecycle, from production to shipping.
- It ensures authenticity, combats counterfeiting, and increases accountability in industries like food, fashion, and pharmaceuticals.

### Healthcare Innovation
- Blockchain secures patient data, ensuring privacy and accuracy.
- It enables efficient sharing of medical information among healthcare providers, enhancing diagnoses and treatment outcomes.

### Real Estate and Identity Management
- **Real Estate**: Blockchain simplifies property transactions by securely recording ownership details and transfer histories.
- **Identity Management**: Blockchain-based digital identities protect against identity theft and fraud.

## The Role of Bitcoin Wallets in Blockchain
A [**Bitcoin Wallet**](https://108.181.30.85/bitcoin-wallet%5C?__cpo=aHR0cDovL3d3dy5leG9kdXMuY29t) is a tool that allows users to store, send, and receive Bitcoin. It operates on blockchain technology, enabling secure and transparent transactions. Wallets come in various types:

- **Hot Wallets**: Connected to the internet, providing convenience but less security. Examples include mobile apps and web-based wallets.
- **Cold Wallets**: Offline storage solutions, such as hardware wallets, offering greater protection against hacking.

Bitcoin Wallets are essential for interacting with the Bitcoin blockchain, showcasing how blockchain facilitates secure digital asset management and highlighting the technology’s broader utility.

## Benefits of Blockchain Technology
Blockchain’s versatility stems from its unique benefits:
- **Enhanced Security**: Cryptographic techniques and decentralization make data nearly impervious to hacks and unauthorized changes.
- **Increased Efficiency**: Automation, such as in smart contracts, reduces manual processing and delays.
- **Cost Reduction**: By eliminating intermediaries, blockchain minimizes transaction costs.
- **Improved Traceability**: Blockchain’s transparency ensures better tracking of assets and goods.

## Challenges and Limitations
Despite its promise, blockchain faces challenges:
- **Scalability**: Some blockchains struggle to handle large transaction volumes, leading to delays and higher costs.
- **Energy Consumption**: Systems like Bitcoin’s Proof of Work require substantial computational power.
- **Regulatory Uncertainty**: Governments worldwide are still determining how to regulate blockchain applications.

These challenges are being addressed through innovations such as more energy-efficient consensus mechanisms and scalable blockchain designs.

## The Future of Blockchain
Blockchain is set to redefine industries in ways we are just beginning to understand. Some key trends to watch include:
- **Integration with AI and IoT**: Combining blockchain with artificial intelligence and the Internet of Things will unlock new opportunities in automation and data management.
- **Government Adoption**: Countries are exploring blockchain for voting systems, public records, and digital currencies.
- **Sustainability Initiatives**: Blockchain is being used to verify carbon credits and track renewable energy usage.

Blockchain may have started with Bitcoin, but its potential extends far beyond cryptocurrencies. From revolutionizing financial systems to enhancing transparency across industries, blockchain is proving to be one of the most transformative technologies of the twenty-first century. Whether managing a Bitcoin Wallet or tracking a product’s journey through a supply chain, blockchain is the invisible engine driving trust, efficiency, and innovation. As we continue to explore its capabilities, one thing is clear: blockchain is not just the foundation of Bitcoin—it’s the cornerstone of a new digital era.

Blockchain technology has rapidly won prominence as a progressive system, beginning as the inspiration of Bitcoin and now influencing...

How Peter Schiff's Skepticism Sparked a Bitcoin Buying Frenzy

Summary:

The Unexpected Influence

Inflation and Bitcoin

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