Dem „Pennylvania House“, dem Unterhaus der Pennsylvania General Assembly, liegt ein Gesetzentwurf vor, der dem Staat erlauben würde, in Bitcoin zu investieren. Das vorgeschlagene Gesetz baut auf Pennsylvanias „Bitcoin Rights Bill“ auf, der bereits das Repräsentantenhaus passiert hat. Da der designierte Präsident Donald Trump sein Amt im Januar für eine... read more →
In a CNBC interview, Michael Saylor asserted that acquiring one million Bitcoins within the next five years could significantly decrease the U.S. national debt by $16 trillion. Senator Cynthia Lummis has also introduced a bill to increase the nation’s digital asset reserves, which could face challenges in Congress due to... read more →
Pennsylvania proposes allocating 10% of state treasury funds to Bitcoin for diversification and inflation protection. Senator Lummis plans a U.S. Bitcoin reserve by selling gold, aiming to acquire 1 million BTC to reduce debt. Pennsylvania has made an innovative proposal to include Bitcoin in the state treasury. Aiming to distribute... read more →
Solidion Technology commits 60% of excess cash and interest income to Bitcoin for long-term diversification and asset management. Corporate and governmental interest in Bitcoin rises amidst regulatory changes and economic uncertainty, aligning with Bhutan’s strategic Bitcoin reserve model. Solidion Technology Inc. has embraced a risky financial approach by heavily incorporating... read more →
XRP Breaks 2024 Records: Outpaces Top 100 Cryptos as Gensler Resignation Rumors Swirl
Shiba Inu shows potential for a 216% surge, with technical divergences and breakouts suggesting a bullish trajectory. Strategic developments and whale activity bolster Shiba Inu’s position, signaling strong momentum in its ecosystem. Shiba Inu (SHIB) has lately made a huge move in the cryptocurrency market, rising by around 57% following... read more →
- Melinda Kerridge
- November 17, 2024
- Shiba Inu
Chinese electric vehicle manufacturer Kaixin is looking for a strategic shift with plans to acquire a controlling stake in a Middle Eastern cryptocurrency mining operation. The announcement depicts a major jump and diversification from its traditional automotive business. Kaixin in advanced stages of acquisition According to Kaixin’s press release, the... read more →
- Seren Lindholm
- November 17, 2024
- Bitcoin
Bitcoin (BTC) has been predicted to enter the $100k zone following the recent release of the Consumer Price Index (CPI) with the Producer Price Index (PPI) also expected soon. Ali Martinez has predicted that Bitcoin could hit the $255k price point in this cycle based on the formation of a... read more →
Bhutan transferred 367.26 BTC to Binance, reflecting a strategic approach to managing its cryptocurrency reserves. Bhutan uses eco-friendly hydroelectric power for sustainable Bitcoin mining, bolstering its reputation in the crypto industry. The Royal Government of Bhutan has reportedly transferred 367.26 BTC to Binance, worth roughly $33.51 million. The transaction, which... read more →
US President-elect Donald Trump is reportedly considering a blockchain-based election voting and identity verification system to eliminate election fraud. It is also speculated that multiple Congress are in support of the possible Bitcoin strategic reserve. Donald Trump’s re-election into the presidency is reported to have started impacting the overall fundamentals... read more →