In what is surely a monumental development for the asset class, Bank of America CEO Brian Moynihan has said that the banking industry would embrace crypto. In fact, to talk to CNBCthe executive noted that the industry would only require…
Key takeaways MicroStrategy’s Bitcoin holdings rise to 461,000 BTC, now valued at $48 billion, following a new acquisition. The company funded its latest Bitcoin purchase through stock sales. MicroStrategy said on Tuesday that it had acquired 11,000 Bitcoin worth $1.1…
The state of Utah has introduced a new bill proposing that 10% of the state’s funds be invested in Bitcoin (BTC) and stablecoins. State Representative Jordan Teuscher introduced the bill on Monday, January 20, 2025. An interesting point is that…
TLDR Trump vows to block all US CBDC development, in line with his campaign pledge against government control of digital currency Bipartisan support is growing for private stablecoin regulation with several bills in Congress The new White House crypto council…
In recent years, there has been much talk about whether the BRICS could pose a serious challenge to US global financial dominance and the status of US dollar as world reserve currency. Although some are quick to dismiss the BRICS…
The globe has seen Bitcoin (BTC) painted in several colors over the past few months. Despite its slow start to 2024, the king’s coin gained momentum towards the end of the year. This rally was linked to Donald Trump’s support…
BC Wong has been appointed to the position of Chief Executive Officer (CEO) of KuCointhe globally recognized cryptocurrency exchange. KuCoin’s commitment to global expansion and innovation is highlighted by the strategic decision, which also includes the exchange’s commitment to maintaining…
Important takeaways Bitcoin fell 5% after Trump avoided mentioning crypto during his inauguration speech, disappointing market expectations. Bitcoin dominance continues to climb, delaying hopes for an altcoin season. Bitcoin shed 5% from its all-time high after President Donald Trump avoided…
Earlier this month, South KoreaThe financial regulator indicated it was considering introducing new rules that would allow institutions to hold digital assets. The sector welcomed the news as it would add liquidity and further legitimize the industry. But that one…
Important takeaways MicroStrategy plans to increase authorized shares to support its Bitcoin purchase strategy. The company’s Bitcoin holdings rise to 450,000 BTC, now valued at $48.5 billion. MicroStrategy shareholders will vote on several key proposals during a special meeting scheduled…