Crypto News Today
Steve Hanke is wrong once again about something related to Bitcoin. He recently took aim at the idea of the United States creating a Strategic Bitcoin Reserve (SBR). In the video embedded in Post say bitcoin doesn’t build factories, create jobs or drive innovation. A STRATEGIC BITCOIN RESERVE IN THE UNITED STATES = A STUPID … Read more
According to several reports, Canadian Prime Minister Justin Trudeau may step down soon, which could open the door to a more Bitcoin-friendly government. According to Reuters, “It is increasingly likely that Trudeau will announce that he intends to step down,” although a final decision has not yet been made. A source familiar with the matter … Read more
Cryptocurrencies beckon for the year of mainstream adoption in 2025, as Trump’s crypto plans for a Bitcoin reserve are bolstered by Elon Musk’s crypto influence. As 2025 begins, the cryptocurrency space is poised for significant changes, especially with Donald Trump as the president-elect of the United States and the deep involvement of Elon Musk. Trump’s … Read more
Is the Bitcoin Strategic Reserve a fringe idea? Not anymore! Powerful political figures and influential figures in the financial and cryptocurrency industry are not only advocating for the United States to adopt Bitcoin as a national strategic asset, but also calling on other countries. It is clear that this movement was led by US Senator … Read more
Recently, the notion of a Strategic Bitcoin Reserve has begun to animate Bitcoiners. Trump has advocated for holding a stockpile of seized Bitcoins, but certain proposals have gone further. Now, draft legislation like Senator Lummis’ BITCOIN Act proposes that the US government acquire 1m BTC over five years. Among Bitcoin enthusiasts, the notion of a … Read more
the The United States could reduce its national debt by 35% within 24 years by creating a reserve of 1 million Bitcoins.According to a report by asset management company VanEck. This projection is consistent with a proposal made by Senator Cynthia Lummis. VanEck’s analysis assumes that Bitcoin will grow at a compound annual growth rate … Read more
French Member of the European Parliament (MEP), Sarah Knafo, has expressed strong support for Bitcoin as she opposes the European Union’s plans for a digital euro. “Yes to a strategic national reserve of Bitcoin,” he insisted. During a parliamentary session on December 16, 2024, Knafo expressed skepticism about the digital euro project, arguing that it … Read more
Why did encryption decline? Federal Reserve Chairman Jerome Powell’s latest monetary policy update hit the cryptocurrency markets like a hammer. Bitcoin, which had crossed the $100,000 line, stumbled, falling 4.6% to $101,300 after the 25 basis point interest rate cut was announced. Ethereum followed suit, falling 5.96% and landing at $3,600 in the aftermath. What’s … Read more
Texas has introduced a new bill to establish a strategic Bitcoin reserve. The legislation proposes that the state accept Bitcoin payments for taxes, fees and donations, with the Bitcoin collection .cwp-coin-chart svg path { stroke: ; stroke width: ; } Price Trading volume in 24 hours Last price movement 7 days kept in reserve for … Read more
How soon will we see President-elect Donald Trump strategically reserve Bitcoin in the United States? It may take longer than you think. Trump’s pick for the SEC, Paul Atkins, has had repercussions on the crypto scene. Atkins is a pro-crypto businessman and former SEC commissioner who represents a sharp break from Gary Gensler’s approach. If … Read more