Important takeaways Wyoming lawmakers are proposing a bill that would allow state funds to be invested in Bitcoin, up to a limit of 3% per fund. The bill requires strict security measures for Bitcoin storage and requires the state treasurer…
The state of Wyoming is introducing new legislation to allow permanent funds to diversify into Bitcoin, paving the way for a Bitcoin reserve. According to WY Senator Cynthia Lummiswill the proposal “benefit our state as we lead the nation in…
Important takeaways Bitcoin surpassed $100,000 ahead of President-elect Trump’s inauguration, with a weekly gain of 15%. Market sentiment is bolstered by expectations of a Bitcoin reserve and crypto-friendly executive orders under the Trump administration. Bitcoin surged past the $100,000 mark…
Donald Trump, the president-elect of the United States, is poised to take a significant initiative to reform the nation’s approach to cryptocurrency. Reports suggest he plans to sign one executive order after taking office on January 20. The goal is…
The cryptocurrency market has been increasingly volatile over the past week. The world’s largest cryptocurrency Bitcoin (BTC), recorded a remarkable peak in price. The royal coin had remained below the coveted $100,000 zone for some time now. But as we…
With President Donald Trump’s inauguration just days away, Bitcoin and blockchain supporters are pushing for crypto-friendly policies. Leading the charge is Texas, with Sen. Charles Schwertner announcing a bill to launch his first Bitcoin reserve at the state level. In…
According to a new report from $10 trillion asset manager BlackRock, crypto has “outpaced the growth of cell phones and the Internet.” In fact, BlackRock says the cryptocurrency industry has amassed 300 million users, reaching the milestone faster than cell…
In yet another sign of the leading cryptocurrency’s growing prominence, Intesa Sanpaolo, Italy’s largest bank, has bought $1 million Bitcoin. The acquisition was actually the first of its kind for the financial institution, according to an internal memo. The total…
Some traders expect a price rally for Bitcoin as the January FOMC meeting approaches. Bitcoin is hovering around $96,794 in a narrow range. The recent volatility in the market and some trends in the crypto market suggest an upcoming move,…
Thailand is next in line to approve spot Bitcoin ETFs in Asia. This follows US approval in January 2024 and Hong Kong’s move shortly thereafter. Thailand’s SEC now wants to bring Bitcoin ETFs to local markets. This will strengthen cryptocurrency…
