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XRP Community Gets New Rewards, Fed Rules out BTC Reserves, and More — Week in Review
22.12.2024
XRP community gets new rewards, Fed rules out BTC reserves, Strike CEO says Trump eyeing US BTC reserve, and more in this Week in Review. Week in Review Ripple’s RLUSD stablecoin debuted on Uphold, offering rewards and benefits to XRP holders. Federal Reserve Chair Jerome Powell ruled...
Fed Rules out BTC Reserves: ‘We’re Not Allowed to Own Bitcoin’
19.12.2024
Federal Reserve Chair Jerome Powell has dismissed the idea of the Fed holding bitcoin, emphasizing legal restrictions, as U.S. crypto policies and market dynamics rapidly shift. Why the Federal Reserve Can’t—and Won’t—Hold Bitcoin Anytime Soon Federal Reserve Chair...
French MP Sarah Knafo Calls for Bitcoin Reserves, Slams EU’s Digital Euro Plan
17.12.2024
In a recent address, European Parliament member Sarah Knafo discussed El Salvador’s bitcoin adoption and hinted at President-elect Donald Trump potentially considering a strategic bitcoin reserve. Knafo later shared her speech on X, writing, “no to the digital euro” and “yes to a strategic...
Why tech giants like Amazon may hesitate to adopt Bitcoin
12.12.2024
Big Tech has a great flow of cash on hand. Currency devaluation makes them lose purchasing power. Is Bitcoin a treasury solution to fight against inflation? Amazon is the next to decide
Why tech giants like Amazon may hesitate to adopt Bitcoin
12.12.2024
Big Tech has cash on hand. Currency devaluation makes it lose purchasing power. Is Bitcoin a treasury solution to fight against inflation? Amazon is next to decide
Microsoft Votes No on Bitcoin Reserves: Michael Saylor’s Pitch Fails to Convince
11.12.2024
Microsoft shareholders rejected a push to adopt bitcoin as a strategic reserve, dismissing claims it could add trillions in market value and mitigate shareholder risks. Microsoft Rejects Bitcoin Investment: What It Means for Shareholders Microsoft’s shareholders have voted against a proposal...
Howard Lutnick: Tether’s Big Backer
10.12.2024
The CEO of prominent bond broker Cantor Fitzgerald played a major role in validating Tether this year by vouching for its reserves
Vancouver mayor proposes Bitcoin adoption to fight inflation
10.12.2024
Mayor Ken Sim urges Vancouver to explore Bitcoin adoption, highlighting its potential to safeguard financial stability amid fiat inflation
Amazon’s Shareholders Push for Bitcoin in Treasury to Strengthen Reserves
10.12.2024
Amazon faces shareholder pressure to assess bitcoin as a treasury asset, citing inflation risks, bitcoin’s soaring returns, and corporate trends toward cryptocurrency adoption. Shareholders Push Amazon to Embrace Bitcoin—A Bold Treasury Move? Amazon shareholders are pressing the company’s...
Sell It All—Peter Schiff Urges Biden to Ditch US Bitcoin Reserves Before Trump’s Return
9.12.2024
Gold advocate and economist Peter Schiff is not exactly cheering from the sidelines when it comes to a U.S. strategic bitcoin reserve. On Monday, he sparked conversation on social media, declaring that the smartest move President Joe Biden could make before leaving office is to offload all the U.S....
Sky faces scrutiny over potential $756M exploit flaw
6.12.2024
Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency
Hong Kong gaming firm swaps $49M Ether in treasury for Bitcoin
2.12.2024
With the latest acquisition, Boyaa Interactive has 3,183 Bitcoin in its stash, up from 2,635 at the end of September
Bitcoin Reserve Controversy: Zelensky Wants Funds Instead Of Reserves
29.11.2024
During the 2024 US presidential Election, Bitcoin (BTC), the famous cryptocurrency took the center stage. Trump after publicly…
Bukele Aims to Tap Into the Massive Potential of Salvadoran Gold Reserves
29.11.2024
Salvadoran President Nayib Bukele recently highlighted the size and significance of the country’s natural gold reserves and how they can be used to improve the quality of life for Salvadorans. President Nayib Bukele Defies Mining Ban Law, Aims to Take Advantage of Salvadoran Gold Reserves...
Bitcoin Bull Market Is Far From Over, Galaxy Research Says
27.11.2024
The bitcoin bull market is not over, Galaxy Research said.Galaxy said the world's largest cryptocurrency is expected to retest the $100K level in the near term.The report said increasing institutional adoption and the potential for the creation of bitcoin nation-state reserves mean the crypto...
Michael Saylor Pushes Strategic Bitcoin Reserve Citing America’s Historic Acquisitions
26.11.2024
Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions. Strategic Bitcoin Reserve: Michael Saylor’s Vision for America’s Digital Future Michael Saylor, executive...
Semler Scientific Expands Bitcoin Holdings to Over 1,500 BTC
25.11.2024
Semler Scientific, Inc. announced updates on its bitcoin (BTC) holdings and capital markets activities, highlighting its evolving strategy in cryptocurrency and equity offerings. Semler Scientific Reports 58.4% Bitcoin Yield as Key Performance Indicator Between Nov. 18 and Nov. 22, Semler...
MicroStrategy Is a Bitcoin Magnet Pulling in the Earth's Capital Reserves: Bernstein
25.11.2024
Bernstein raised its MicroStrategy price target to $600 from $290.Broker Canaccord also increased its price target for the software company, to $510 from $300.The shares rose over 6% in early trading Monday
US Senator Pushes Gold Sales to Kickstart Massive Bitcoin Reserves
22.11.2024
A U.S. senator has proposed selling gold reserves to create a strategic bitcoin reserve, a revolutionary move to bolster the dollar and tackle U.S. national debt. Selling Gold for Bitcoin: US Senator’s Game-Changing Proposal U.S. Senator Cynthia Lummis (R-WY) shared insights during...
Onchain Analyst: Binance Taps Cold Wallet Reserves as Bitcoin Outflows Spike
20.11.2024
According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation. $334 Billion in Play:...