Crypto News Today
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
Follow Nikolaus on 𝕏 Here for daily posts Today, Texas State Representative Giovanni Capriglione officially introduced a Bitcoin Strategic Reserve bill for the state of Texas during a 𝕏 space with Dennis Porter of the Satoshi Action Fund, a Bitcoin advocacy organization that works with politicians on pro-Bitcoin legislation. To summarize, the bill effectively: See … Read more
Kenya’s National Fire Brigades Association (KENFIBA) has become the first union in the country to adopt Bitcoin as part of its financial reserves. The initiative was announced on “X” during the Africa Bitcoin Conference in Nairobi on December 11, 2024. The announcement was made byProof of Workforce,’ a non-profit organization committed to helping unions and … Read more
Follow Nikolaus on 𝕏 Here for daily posts Today, Russian national news agency RIA Novosti reported that State Duma deputy Anton Tkachev proposed creating a strategic bitcoin reserve for Russia, claiming to have obtained a copy of the document. Tkachev, of the New People party, sent the proposal to Russian Finance Minister Anton Siluanov to … Read more
President-elect Donald Trump has shut down speculation about Jerome Powell’s removal from his position as Chairman of the Federal Reserve. This speculation comes from his saying during the election campaign that he would assume the presidency of the Central Bank and would be responsible for the economy himself. But now, in an interview on NBC … Read more