Tag: Crypto

Microsoft, Amazon Investors Eye Bitcoin Investments Amid MicroStrategy’s Success

Investors in Microsoft Corp. (NASDAQ:MSFT) and Amazon.com Inc. (NASDAQ:AMZN) are evaluating proposals to invest in Bitcoin (CRYPTO: BTC) following the notable gains achieved by MicroStrategy Inc. (NASDAQ:MSTR) through its bitcoin strategy. What Happened: Microsoft shareholders are set to vote on Dec. 10 on a proposal to consider bitcoin as a balance sheet asset. The proposal,...
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Changpeng ‘CZ’ Zhao Says Bitcoin Will Be Viewed As Just ‘Money’ In The Future, Believes Perception Would Shift From Price And $100K Milestones

Changpeng Zhao, the founder of the world’s biggest cryptocurrency exchange, Binance, said Monday that Bitcoin (CRYPTO: BTC) would transition from a speculative investment to a utility asset over the next decade. What Happened: During the Bitcoin MENA Conference in Abu Dhabi, Zhao, popularly known as CZ, expressed confidence that the...
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Bitcoin Far More Of A Threat Than A BRICS Reserve Currency, Says Jeremy Siegel: Find It ‘Curious’ That Trump Championed BTC At 100K

As President-elect Donald Trump threatened BRICS countries against a reserve currency, economist Jeremy Siegel says “Bitcoin is far more of a threat to replace the dollar in world reserves than anything created by the emerging market economies.” What Happened: BRICS, an intergovernmental organization, comprises nine countries including Brazil, Russia,...
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Strategic Bitcoin Reserve Proposed by Russian State Duma Deputy

Anton Tkachev, a State Duma deputy from the “New People” party, has formally proposed the establishment of a Strategic Bitcoin Reserve (SBR). Tkachev submitted an appeal to the Russian Minister of Finance, Anton Siluanov, advocating for the creation of a Bitcoin reserve analogous to the country’s existing reserves in...
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Russia Weighs Bitcoin Reserve As Deputy Warns Sanctions Leave Crypto ‘Only Instrument For Trade’ Amid Trump’s Pro-Bitcoin Push

Russia is considering establishing a strategic Bitcoin (CRYPTO: BTC) reserve amid growing tensions with Western financial systems and following President-elect Donald Trump‘s pro-cryptocurrency stance in the United States. What Happened: State Duma deputy Anton Tkachev proposed creating a Bitcoin reserve to Russian Finance Minister Anton Siluanov on Tuesday, according...
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