Key takeaways Senator Lummis advocates a US strategic Bitcoin reserve strategy to deal with inflation concerns. The BITCOIN Act proposes that the US Treasury Secretary acquire 1 million Bitcoins over five years with a holding period of 20 years. Senator…
Ross Ulbricht’s unclaimed Bitcoin fortune, valued at $44 million, has come out of hibernation. The discovery of the Silk Road founder’s digital assets comes directly after his presidential pardon. Coinbase director Conor Grogan tracked down roughly 430 Bitcoin in multiple…
According to $10 trillion asset manager BlackRock CEO Larry Fink, leading cryptocurrency Bitcoin (BTC) may reach $700,000 amid economic instability. In a Davos interview, the CEO praised Bitcoin as a reliable alternative in an economy plagued by fear and uncertainty.…
Key takeaways Goldman Sachs CEO David Solomon sees Bitcoin as a speculative asset, not a threat to the US dollar. Goldman Sachs explores blockchain technology applications but faces regulatory constraints in crypto involvement. Goldman Sachs CEO David Solomon dismissed Bitcoin’s…
Senator Cynthia Lummis has laid the groundwork for the future development of Bitcoin in the United States. As an ardent supporter of cryptocurrency, Lummis has been working very hard for years to integrate digital assets into the country’s financial system,…
Donald Trump took over as the President of the United States, which brought about increased changes in the cryptocurrency community. While some expect better reforms and a strategic Bitcoin reserve, Trump went on to free Silk Road founder Ross Ulbricht.…
Bitcoin (BTC) is the largest cryptocurrency project, with a market cap of over $2 trillion. BTC has become one of the most valuable assets globally, competing with many tech stocks. Solana (SOL) is the fifth largest crypto project with a…
In a dramatic gesture that reinforces its stance on Bitcoin, El Salvador has bought 11 BTC for its national reserves, which now stand at 6,044 units. The move follows a $1.4 billion deal with the International Monetary Fund (IMF), the…
Key takeaways MicroStrategy shareholders approved increase in authorized shares to fund Bitcoin acquisition. The company now has over $48 billion in Bitcoin, representing more than 2% of the total supply, as it ramps up purchases. MicroStrategy shareholders approved an increase…
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…
