Senator Cynthia Lummis has recently unveiled a groundbreaking new legislation that aims to establish a Bitcoin strategic reserve for the United States. This initiative, presented at the Bitcoin2024 conference, seeks to accumulate a total of at least 1 million BTC, equivalent to 5% of the global supply. This bold move comes in the wake of
President Donald J. Trump recently made bold statements regarding Bitcoin, vowing to make the US a “Bitcoin superpower” and maintain its lead over competitors such as China. He expressed his commitment to ensuring that the US government holds onto the roughly 200,000 Bitcoins it possesses, which represents approximately 1% of the total supply. Trump criticized
Marathon Digital, a prominent player in the Bitcoin mining sector, made waves recently with its announcement of a massive $100 million investment in BTC. This significant financial commitment comes at a time when the cryptocurrency market is still recovering from previous price drops, showcasing Marathon Digital’s unwavering belief in the long-term potential of Bitcoin. Expanding
XRP has been demonstrating impressive strength in the market, despite the recent decline in Bitcoin and Ethereum prices. Crypto analyst RLinda has shed light on the bullish outlook for XRP, mentioning that the crypto token has been underperforming since the beginning of the year. According to RLinda, XRP is currently the strongest in the market,
Robert Kennedy Jr., an independent candidate for the US presidency, presented an innovative financial policy plan during the industry day of the annual Bitcoin conference in Nashville, Tennessee. This plan proposes the strategic acquisition of Bitcoin, valued at $619 billion, to match the current US gold reserves. Kennedy Jr. believes that this move has the
Aayush Jindal, a prominent figure in the financial markets, has amassed over 15 years of experience in Forex and cryptocurrency trading. Known for his exceptional technical analysis skills, Aayush serves as a trusted advisor and senior market expert to investors globally. His ability to provide keen insights and astute chart analysis sets him apart in
Aayush Jindal is a prominent figure in the financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. His journey into the world of finance began at a young age, where he displayed a keen interest in deciphering complex systems and patterns. This natural aptitude for understanding market dynamics laid the foundation
WazirX conducted a preliminary investigation and found no evidence to suggest that the machines of WazirX signers were compromised during the recent cyber attack on its multi-signature Ethereum wallet. This attack, which occurred earlier this month, has raised concerns within the crypto community. Despite initial speculation that the hack was due to an issue with
Two prominent crypto companies, Coinbase and Revolut, found themselves on opposite ends of the spectrum when dealing with the UK authorities recently. The UK’s Financial Conduct Authority (FCA) imposed a fine of £3.5 million ($4.5 million) on CB Payments Limited (CBPL), a subsidiary of Coinbase Group, for violations related to Anti-Money Laundering (AML). This hefty
Growing up in Edo State, Nigeria, surrounded by my three siblings who have always been my role models, has shaped me into the person I am today. My parents, the pillars of my life, have always supported me through thick and thin, guiding me on the path of life. Their unwavering love and encouragement have