Month: August 2025

Cynthia Lummis Backs Scott Bessent’s ‘Commitment’ To Build Bitcoin Reserve Without Burdening US Taxpayers — ‘I Have A Bill For That’

Sen. Cynthia Lummis (R-Wyo.) on Thursday backed a “budget-neutral approach” to building a Strategic Bitcoin (CRYPTO: BTC) Reserve, opposing the idea of purchasing additional BTC to address the mounting national debt. Lummis Pushes For BITCOIN Act, Schiff Disagrees In an X post, Lummis agreed with Treasury Secretary Scott Bessent, who said that...
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SpaceX Bitcoin Stake Tops $1 Billion; BTC Slides After Treasury Comment

SpaceX’s remaining Bitcoin holding climbed above $1 billion when Bitcoin hit fresh highs, but the rally cooled after a statement from the US Treasury. According to Arkham Intelligence data reported by multiple outlets, the aerospace firm holds 8,285 BTC, worth about $1 billion at recent price levels. SpaceX Moves...
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Bitcoin Tanks On Hot PPI Inflation; Ethereum, Dogecoin, XRP Follow: Analyst Charts Course For BTC’s Likely Moves

Leading cryptocurrencies dived on Thursday after hotter-than-expected wholesale inflation tempered risk appetite. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin (CRYPTO: BTC) -4.09% $118,590.95 Ethereum (CRYPTO: ETH)                -2.85% $4,608.59 XRP (CRYPTO: XRP)                          -6.60% $3.09 Solana (CRYPTO: SOL)                          -5.02% $193.61 Dogecoin (CRYPTO: DOGE)                          -8.64% $0.2253 Crypto Liquidations Hit...
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Justin Sun Vs Bloomberg: Clash Escalates Over TRON Founder’s Crypto Holdings

Justin Sun, the controversial crypto billionaire and founder of the Tron (TRX) blockchain, has ignited a new legal dispute by filing a lawsuit against media company giant Bloomberg on Monday.  The lawsuit, submitted in Delaware, accuses Bloomberg of “improperly” disclosing sensitive financial information about Sun’s cryptocurrency holdings in a...
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