Texas Mirrors Trump’s Vision, Introduces Bill To Set Up Bitcoin Reserve With 5-Year Holding Period
In a move that mirrors President-elect Donald Trump’s cryptocurrency vision, a bill proposing a strategic Bitcoin (CRYPTO: BTC) reserve was put forth in the state of Texas on Thursday. What Happened: Texas Republican Rep. Giovanni Capriglione introduced the bill, also called the Texas Strategic Bitcoin Reserve Act, which proposed the establishment of a...
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Trump Gives A Nod To Market Volatility, Tells Cramer ‘A Dip Can Always Happen’
President-elect Donald Trump acknowledged market volatility risks while discussing economic plans with CNBC’s Jim Cramer at the New York Stock Exchange on Thursday while suggesting future cryptocurrency initiatives. What Happened: “A dip can always happen,” Trump told Cramer during a trading floor interview, avoiding specific market predictions. He emphasized...
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Bitcoin, Dogecoin Slide, Ethereum Gains Amid Hotter-Than-Expected Inflation Data: Top Analyst Says Its ‘Onwards And Upwards’ For Altcoins
Bitcoin gave up early gains, but Ethereum was on the move on Thursday as fresh inflation data slashed expectations of interest rate cuts. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) -0.59% $100,315.71 Ethereum (CRYPTO: ETH) +1.89% $3,900.97 Dogecoin (CRYPTO: DOGE) -0.80% $0.4088 What Happened:...
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Crypto Conman Sentenced: Investors Duped in $350K Scam—Here’s How
The US Department of Justice has announced the sentencing of Michael Joseph McElhiney, a Spokane resident, to over three years in federal prison for operating a fraudulent crypto investment scheme. The fraud, which spanned over a year, defrauded multiple investors of more than $350,000. The sentencing, handed down by...
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Vancouver Champions Bitcoin: City Council Approves Pioneering Motion
The Vancouver City Council approved a motion to explore integrating Bitcoin into its financial operations. The measure, introduced by Mayor Ken Sim and passed at the December 11, 2024 Standing Committee meeting, directs staff to investigate accepting BTC for city taxes and fees and the feasibility of incorporating it...
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Bitcoin Large Players Hold 3.867M BTC – Metrics Reveal Whales Keep Growing
Bitcoin has experienced significant volatility in recent weeks, struggling to maintain its position above the $100,000 mark after breaching it last week. Despite the choppy price action, Bitcoin’s long-term outlook remains robust, with key metrics pointing to continued institutional and smart money interest in the asset. Data from CryptoQuant...
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Mystery of crypto sleuth’s death, Japanese exchange lists on Nasdaq: Asia Express
Indian public firm and MicroStrategy’s Bitcoin blueprint, Japanese exchange’s SPAC merger for Nasdaq listing: Asia Express...
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Options Corner: Turn Coinbase’s Volatility Into Opportunity With Long Iron Condors
Cryptocurrency exchange and financial technology firm Coinbase Global Inc (NASDAQ:COIN) offers a compelling mechanism to wager on digital assets without dealing with the unusual pitfalls of crypto investing. These hazards include discarded hardware, forgotten passwords or even technical gremlins. Still, with Coinbase stock having virtually doubled in value this...
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Dogecoin No Longer Overbought Amid Pullback Below $0.4, Here’s What To Expect Next
Earlier in November, Dogecoin experienced a rapid ascent to new price highs, driving its Relative Strength Index (RSI) into the overbought zone. However, a crypto analyst revealed that the popular meme coin has officially exited this overbought range following its recent pullback below $0.4. This new shift could signal...
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Bitcoin, XRP, Dogecoin Move Down, Ethereum The Best Of The Bunch: ‘Expecting True Breakout Before Christmas,’ Announces Trader
Cryptocurrency markets are trading lower on Thursday as President-elect Donald Trump rang the bell at the New York Stock Exchange. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,666.97 -1.7% Ethereum (CRYPTO: ETH) $3,882.77 +1.8% Solana (CRYPTO: SOL) $228.16 -0.9% XRP (CRYPTO: XRP) $2.36 -3.2% Dogecoin (CRYPTO: DOGE) $0.404 -3.2%...
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