Bitcoin advocate Anthony Scaramucci has suggested that the US Senate may agree to a significant government purchase of Bitcoin, potentially up to 500,000 BTC. Such a move, reportedly backed by President Trump, could introduce a strategic Bitcoin reserve and serve as a counterbalance to the nation’s existing $600 billion gold reserves, even if it risks … Read more
In a recent poll conducted by Michael Saylor, executive chairman of Microstrategy, 93,456 participants showed a strong vote of confidence in the future of bitcoin. The majority of respondents are expecting significant long-term returns from the leading cryptocurrency. Saylor’s followers on social media platform X participated in the poll, which ended Monday, showcasing a surge … Read more
El Vice Presidente de El Salvador destacó el papel del bitcoin en el crecimiento económico durante una reunión con el embajador de China, enfatizando la cooperación china en el avance de proyectos de infraestructura digital. El Salvador pone de relieve la riqueza del bitcoin en conversaciones con la delegación china El Vicepresidente de El Salvador, … Read more
Bitcoin’s price has dropped to $94,000, ending a bullish trend that saw it surpassing the $100,000 mark earlier this month. Despite the drop, the Crypto Fear and Greed Index indicates that the market sentiment remains optimistic. Analysts attribute the price decline to profit-taking by some long-term holders and a slow down in market activity. With … Read more
Digital asset management firm Bitwise has filed a registration with the SEC for a Bitcoin-centric ETF. The “Bitwise Bitcoin Standard ETF” aims to invest in companies with significant Bitcoin (BTC) assets or BTC-related revenues, aiming to mitigate custody, regulatory, and liquidity concerns. Companies must hold at least 1,000 BTC and maintain a $100 million market … Read more
Japan’s Prime Minister, Shigeru Ishiba, has stated that the government does not have enough information to determine whether to include Bitcoin in the country’s reserves. Ishiba mentioned this during a query from Satoshi Hamada, a leading party member, explaining that Japan is yet to comprehend how other countries are integrating Bitcoin into their strategic reserves. … Read more
Bitcoin price continued to decline below the $95,000 mark, indicating bearish signs with a potential drop below $92,000. Despite a brief rise above $94,000, the price is now consolidating losses below $95,000 and the 100 hourly SMA. A key bearish trend line is forming with resistance at $95,000, suggesting further downside movement. Immediate support lies … Read more
Asset management firm Vaneck has unveiled its crypto predictions for 2025, anticipating a continued bull market with increasing bitcoin and ethereum prices, as well as the growth of altcoins. The company also expects to see higher levels of institutional and government adoption of cryptocurrency. Vaneck’s insights provide optimism for the future of the crypto market, … Read more
A shocking revelation has surfaced regarding a secret Bitcoin report conducted by the Federal Reserve back in 2014. The report, which detailed the potential impact of Bitcoin on traditional currency models and global monetary policy, led to the downfall of the team of researchers involved. Despite presenting findings indicating that Bitcoin could surpass the US … Read more
In a surprising turn of events, Donald Trump’s victory in the recent presidential election has sparked a positive reaction in the cryptocurrency market, particularly in Bitcoin prices. With Trump’s commitment to making the United States the “crypto capital of the world,” investors are bullish on Bitcoin’s future. Dennis Porter of the Satoshi Action Fund predicts … Read more
