Senator Cynthia Lummis recently introduced groundbreaking legislation at the Bitcoin2024 conference, aiming to establish a Bitcoin strategic reserve for the US. This reserve would total at least 1 million BTC, representing 5% of the total global supply. The announcement, made following former President Donald J. Trump’s keynote speech at the conference, has sparked significant interest
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Marathon Digital, formerly known as MARA, has recently made waves in the cryptocurrency world by announcing a huge investment of $100 million in Bitcoin. This investment showcases the mining giant’s confidence in the long-term potential of the pioneering cryptocurrency. Despite previous price drops in BTC, Marathon Digital has taken advantage of the market conditions to
Robert Kennedy Jr., an independent candidate for the US presidency, has recently unveiled a groundbreaking financial policy plan during the industry day of the annual Bitcoin conference in Nashville, Tennessee. This plan aims to position the United States as the world’s largest holder of Bitcoin, with the strategic acquisition of Bitcoin valued at $619 billion
Aayush Jindal is a prominent figure in the financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert is solidified by his exceptional proficiency in providing technical analysis. Aayush’s journey to success can be attributed to his innate ability to decipher complex
Brian Korshain, the CEO and founder of DAIM, recently expressed strong optimism about the potential impact of former President Donald Trump’s support for Bitcoin. He mentioned that Trump’s rumored plan to make Bitcoin a strategic reserve asset for the US government could have a significant effect on the cryptocurrency market. However, he also acknowledged that
President Joe Biden’s withdrawal from the 2024 presidential race has sparked discussions about the potential outcomes of the upcoming election. According to 10x Research, this move could pave the way for former President Donald Trump to secure a “decisive victory” in November. The firm argues that no credible candidate can seriously challenge Trump, suggesting that
The native token of the Layer 1 (L1) blockchain Near Protocol, NEAR, has recently surged to a one-month high after breaking out of a previous downtrend. This surge saw the token hitting a low of $4 on July 5 but is now trading at $5.93. With a substantial 20% gain over the past week, NEAR
The recent news of the German government selling off all of its Bitcoin holdings in just two weeks has sparked curiosity and raised eyebrows in the cryptocurrency community. The official reason behind this massive Bitcoin dump was revealed in a statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. The
Recently, crypto exchange OKX made the decision to select Malta as its Market in Crypto-Assets (MiCA) hub to cater to the 450 million residents of the European Union. By establishing itself in Malta, OKX aims to provide services that are fully compliant with local regulations, while also ensuring seamless deposit and withdrawal connectivity to local
In recent years, there has been a significant surge in lobbying expenditures within the crypto industry. A new study by Social Capital Markets has revealed a staggering 1,386% increase in lobbying spend by crypto companies, rising from $2.72 million in 2017 to $40.42 million in 2023. This increase highlights a significant acceleration in lobbying efforts,