Strategic Bitcoin Reserve Wouldn’t Require New Taxpayer Dollars, Says Sen. Cynthia Lummis
Wyoming Republican Senator Cynthia Lummis (R-Wyo.) on Thursday proposed converting Federal Reserve-held gold certificates into Bitcoin to establish a 20-year strategic Bitcoin (CRYPTO: BTC) reserve. In an interview with CNBC, Lummis outlined how this initiative could bolster the US economy, reduce national debt and position Bitcoin as a key...
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Shiba Inu Lead Dev Unveils Mainstream Adoption Strategy For Shibarium
Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has laid out a strategic plan focused on driving mainstream adoption and enticing centralized exchange (CEX) support for Shibarium, Shiba Inu’s Ethereum Layer-2 solution. In an exchange on X, the team behind FEED (@feedcto), a Shiba Inu-based memecoin on the...
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Victory For Crypto: SEC Chair Gary Gensler’s Departure Set For January 20, 2025
In a significant win for the crypto market, US Securities and Exchange Commission (SEC) Chair Gary Gensler has announced he will step down from his position on January 20, 2025, coinciding with the presidential inauguration of President-elect Donald Trump. This news has been met with optimism among crypto advocates,...
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Gary Gensler To Step Down As SEC Chair On Trump’s Inauguration Day
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has announced his resignation, effective January 20, 2025, coinciding with the inauguration of President-elect Donald Trump. Gensler’s tenure has been marked by a stringent regulatory approach toward the cryptocurrencies, drawing criticism from the industry. What Happened: “I thank President Biden...
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Bitcoin Close To $100,000 — Could It Happen Today?
Bitcoin (CRYPTO: BTC) is closing in on the $100,000 psychological milestone, backed by bullish chart patterns and strong market fundamentals. What Happened: As Bitcoin clocked a new all-time high above $98,000, analyst Ali Martinez says $100,000 may happen on Thursday, based on the apex crypto breaking out of a...
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Senator Lummis Pushes For Bitcoin Strategic Reserve: Proposes Gold Sale As Funding Source
Pro-crypto US Senator Cynthia Lummis is intensifying her efforts to advance the Bitcoin Strategic Reserve Act, a proposal introduced by President-elect Donald Trump during the National Bitcoin Conference earlier this year. This initiative aims to position the United States at the forefront of BTC adoption, starkly contrasting the regulatory...
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BiT Global claims Coinbase delisted WBTC for ‘competitive advantage’
Coinbase contends the delisting was based on a standard review of WBTC’s suitability to trade on the exchange....
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Rumble CEO Considers Bitcoin Investment, Engages Michael Saylor As Shares Rally
Alternative online video platform Rumble Inc. (NASDAQ:RUM) CEO Chris Pavlovski is considering adding Bitcoin (CRYPTO: BTC) to the company’s balance sheet. Here’s what investors need to know. The Details: On Tuesday, Pavlovski asked, “Should Rumble add Bitcoin to its balance sheet?” in a post on the social media platform...
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Semler Scientific Stock Is Surging Thursday: What’s Going On?
Semler Scientific, Inc. (NASDAQ:SMLR) shares are trading higher Thursday potentially following the company’s recent announcement about its Bitcoin (CRYPTO: BTC/USD) activity, capital markets updates and performance indicators. Here’s what you need to know. What To Know: Multiple crypto-linked stocks are moving higher on Thursday after Bitcoin hit new all-time...
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Ethereum A Ticking Bomb? Derivatives Metrics Explode To Record Highs
Data shows the Ethereum derivatives-related metrics have shot up recently, a sign that the price is at risk of going through a volatile storm. Ethereum Open Interest & Leverage Ratio Have Both Spiked Recently In a CryptoQuant Quicktake post, an analyst has discussed about the trend in the derivatives...
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