On Thursday, the Texas House of Representatives took a significant step toward integrating cryptocurrency into state financial strategy by introducing a bill aimed at establishing a strategic Bitcoin reserve.  Sponsored by Republican state Representative Giovanni Capriglione, the proposed legislation seeks to allow the state to accept taxes, fees, and...

A popular cryptocurrency analyst cautioned Dogecoin (CRYPTO: DOGE) traders on Thursday not to overly focus on the cryptocurrency, as its movements are linked to what Bitcoin (CRYPTO: BTC) does. What Happened: Kevin, known for sharing insights and forecasting price movements for the meme coin giant, stated, “My position is...

Aave and Chainlink were the biggest cryptocurrency gainers on Thursday following significant purchases from President-elect Donald Trump-backed project, World Liberty Financial.  What happened: AAVE topped the gainers list, leaping over 19% in the last 24 hours to its highest value since Sept. 2021. The coin’s trading volume popped 146%...

As the market continues its massive rally, Ukrainian lawmakers are preparing to legalize crypto soon officially. Local reports revealed that the parliament is working on a draft law but is not considering tax exemptions for digital assets. Ukraine Prepares To Legalize Crypto During a “Domestic Investment Opportunities” forum, Danylo...

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...

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...

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:...

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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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...