Bitcoin Archives

Der US-Bundesstaat Pennsylvania könnte seine eigene Bitcoin-Reserve bekommen

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 →

Umer
November 17, 2024
Bitcoin

Can Bitcoin Save the US Economy? Saylor Proposes $16T Debt Reduction Plan

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 →

Umer
November 17, 2024
Bitcoin

Pennsylvania’s Bold Move: 10% State Funds for Bitcoin Reserve

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 →

Umer
November 17, 2024
Bitcoin

Solidion Technology Embraces Bitcoin for Treasury Diversification

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 →

Umer
November 17, 2024
Bitcoin

Kaixin plans crypto mining expansion amid Bitcoin’s new all-time high

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 Sets $93.5K Record – Are Six-Figure BTC Prices on the Horizon?

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 →

Umer
November 16, 2024
Bitcoin

Bhutan Moves 367 BTC to Binance in Strategic Shift

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 →

Umer
November 16, 2024
Bitcoin

BREAKING: Trump and DOGE Eye Federal Blockchain Voting System with Cardano, Hyperledger, and Hedera

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 →

Umer
November 16, 2024
Bitcoin

Thumzup approves $1m of Bitcoin as treasury reserve asset

Thumzup Media Corporation, a social media marketing company based in Los Angeles, announced its entry into the crypto space with plans to purchase up to $1 million in Bitcoin. The company, which helps brands pay users to promote them on platforms like Venmo and PayPal, aims to diversify its treasury... read more →

Seren Lindholm
November 15, 2024
Bitcoin

The Rise of Bitcoin in National and Corporate Reserves

Nations may adopt Bitcoin to hedge against currency devaluation, following Bhutan’s strategic Bitcoin reserve model. Corporate and government interest in BTC is rising, spurred by economic uncertainty and regulatory shifts. Anthony Pompliano, CEO of Professional Capital Management, and Phil Rosen, Co-Founder of Opening Bell Daily, recently spoke about the rising... read more →

Umer
November 15, 2024
Bitcoin

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