Latest News and Articles about Bitcoin Reserve
Federal Reserve Rejects Bitcoin Reserves, Yet States Forge Ahead
Bitcoin Reserve Dreams Dashed by Federal Reserve, Yet States Like Texas and Florida Charge Ahead Austan Goolsbee, President of the Federal Reserve Bank of Chicago, has made it clear that the Federal Reserve isn’t warming up to the idea of holding Bitcoin as a reserve asset anytime soon. Despite the crypto community’s enthusiasm for a […]
Read MoreTrump’s Pro-Crypto Shift: Bipartisan Bitcoin Reserve Proposed
Trump Admin Eyes Bipartisan Bitcoin Reserve, Scaramucci Spills Anthony Scaramucci recently shed light on the Trump administration’s evolving stance on cryptocurrencies, highlighting a potential bipartisan Bitcoin reserve and shifting regulatory tides. As the political landscape changes, the future of Bitcoin and other digital assets is becoming increasingly clear, yet fraught with challenges and opportunities. Trump’s […]
Read MoreVinny Lingham’s Poll Sparks Debate: Should U.S. Crypto Reserve Be Bitcoin-Only?
Vinny Lingham’s Crypto Reserve Poll Ignites Debate Over Bitcoin and Altcoins Vinny Lingham, a notable internet entrepreneur, stirred up the cryptocurrency community with a recent poll on X (formerly Twitter) about the proposed U.S. digital asset reserve. Should it be exclusively Bitcoin, or should it include other cryptocurrencies like XRP, ETH, and SOL? With Bitcoin […]
Read MoreTexas Pioneers State Bitcoin Reserve with Senate Bill 21
Texas Eyes a Bitcoin Reserve: A New Frontier in State Finance “Texas isn’t just messing around with its economy; they’re going full throttle into Bitcoin,” declared Lieutenant Governor Dan Patrick as he unveiled his plan for 2024. With a GDP of $2.4 trillion, Texas is setting its sights on establishing a state-level Bitcoin reserve through […]
Read MoreCzech Republic’s $7.3B Bitcoin Reserve Plan Spurs U.S. Senator Lummis to Action
Senator Lummis Urges Swift U.S. Action as Czech Republic Eyes Bitcoin Reserve The Czech Republic’s potential move to establish a Bitcoin reserve, allocating over $7.3 billion into the cryptocurrency, has prompted U.S. Senator Cynthia Lummis to call for the United States to expedite its own Strategic Bitcoin Reserve. Lummis emphasizes the critical need for the […]
Read MoreSouth Dakota Eyes Bitcoin Reserve Amid Trump’s Crypto Push: A Game-Changer?
South Dakota’s Bold Move: Considering a Bitcoin Reserve Bill Amid Trump’s Pro-Crypto Push South Dakota is poised to make a groundbreaking move in the cryptocurrency realm by considering a bill that would allow the state to hold Bitcoin in its reserves. This proposal emerges amidst a renewed interest in cryptocurrency policy, spurred by former President […]
Read MoreRipple CEO Sparks Debate: Opposes Bitcoin-Only Reserve, Advocates for Multi-Crypto Inclusion
Ripple CEO Brad Garlinghouse Clashes with Bitcoin Advocates Over Proposed Reserve Ripple CEO Brad Garlinghouse has sparked a fierce debate by opposing a Bitcoin-only strategic reserve. Instead, he advocates for a reserve that includes multiple cryptocurrencies to represent the diverse digital asset industry. This stance has intensified the ongoing rivalry between Bitcoin and XRP communities, […]
Read MoreArizona Senate Approves Historic Bitcoin Reserve Bill, Paving Way for Crypto Investment
Arizona Senate Committee Approves Groundbreaking Bitcoin Reserve Bill – SB1025 In a pioneering move that could reshape the future of cryptocurrency in the U.S., Arizona’s Senate Finance Committee has approved the Arizona Strategic Bitcoin Reserve Act (SB1025). This bill allows the state to invest up to 10% of its public funds in Bitcoin and other […]
Read MoreTrump’s Bold Move: U.S. Explores Strategic Bitcoin Reserve Amid Global Debate
Is Bitcoin the New Gold? The Strategic Implications of a U.S. Reserve President Donald Trump’s recent executive order, aimed at exploring the creation of a strategic Bitcoin reserve, has sparked intense debate and speculation across the cryptocurrency industry and beyond. This bold initiative seeks to position Bitcoin as a national asset, mirroring the U.S. Strategic […]
Read MoreCrypto Industry Urges Trump to Ban Digital Dollar, Back Bitcoin
The Crypto Industry Urges Trump to Ban the Digital Dollar The cryptocurrency industry is making a bold play, urging President Donald Trump to nix the idea of a US Central Bank Digital Currency (CBDC), better known as the Digital Dollar, and instead throw his support behind the decentralized darling, Bitcoin. This push reflects deep-seated fears […]
Read MoreWyoming Proposes Strategic Bitcoin Reserve to Boost Economy
Wyoming’s Bold Bet on Bitcoin: A Strategic Reserve Proposal Wyoming is making a bold move into the world of cryptocurrency by proposing a strategic Bitcoin reserve, aiming to diversify its economy and embrace the future of finance. Wyoming proposes strategic Bitcoin reserve Aims to diversify economy and promote blockchain Follows trend of U.S. states embracing […]
Read MoreMassachusetts Joins Eight States Proposing Bitcoin Reserve Law
Massachusetts Leads the Charge: Eighth State to Propose Bitcoin Reserve Law In a move that could reshape the financial landscape, Massachusetts has become the eighth U.S. state to propose a Bitcoin reserve law, joining a growing trend of states recognizing cryptocurrency as a potential state asset. Eighth state to propose Bitcoin reserve law Bill introduced […]
Read MoreTexas Pioneers First State-Level Bitcoin Reserve with SB 778
Bitcoin State Of Mind: Texas Aims To Pioneer Strategic Reserve Texas is set to shake up the cryptocurrency landscape by establishing the nation’s first state-level Bitcoin reserve with Senate Bill 778 (SB 778), proposed by Senator Charles Schwertner. This initiative aims to position Texas as a blockchain leader, drive economic growth, enhance economic freedom, and […]
Read MoreNew Hampshire Proposes Bitcoin in State Reserves: A Crypto Leap Forward
New Hampshire’s Bitcoin Reserve Proposal: A Bold Leap into Crypto New Hampshire’s state treasury might soon include Bitcoin in its reserves, thanks to a bill proposed by Representative Keith Ammon. This initiative reflects a growing trend towards recognizing cryptocurrencies as viable financial instruments, with support from notable figures like Donald Trump and Senator Cynthia Lummis. […]
Read MoreFed Slams Bitcoin Reserve as “Dumbest Idea,” Yet Political Backing Surges
Fed Calls Bitcoin Reserve Plan “Dumbest Idea Ever,” Yet Political Support Grows Last week, in a Federal Reserve boardroom, the notion of a US Strategic Bitcoin Reserve was met with sharp criticism, with officials branding it “the dumbest idea” they’ve ever heard. However, political momentum behind the idea continues to build, with figures like
Read MoreCrypto.com Expands to TradFi: Stocks, ETFs, and Bitcoin Reserve Talks
Crypto.com’s Bold Leap into Traditional Finance: Stocks, ETFs, and a Potential Bitcoin Reserve Crypto.com is breaking new ground by merging the worlds of crypto and traditional finance. Here’s what you need to know about their latest move into stock and ETF trading in the U.S., and what it could mean for the future of decentralization […]
Read MoreDogizen’s $2.8M Telegram ICO: First of Its Kind, Tapping Into 950M Users
Investors Take Notice as First Telegram ICO Smashes $2.8m Dogizen, a Telegram gaming platform, has raised an impressive $2.8 million in its initial coin offering (ICO), becoming the first ICO to be directly accessible within the Telegram app. This groundbreaking move taps into Telegram’s vast user base, offering a seamless and user-friendly platform for investing […]
Read MoreJapan Weighs Bitcoin as Reserve Currency Amidst Stability Concerns
Japanese Government’s Cautious Stance on Bitcoin as a Reserve Currency In a world where opinions on Bitcoin span from enthusiastic to skeptical, the Japanese government remains cautious, prioritizing stability over potential instability caused by Bitcoin’s infamous volatility. Despite calls from Satoshi Hamada, a notable political figure, for Japan to consider Bitcoin reserves, Prime Minister Shigeru […]
Read MoreVanEck Proposes Bitcoin Reserve to Offset $42 Trillion US Debt by 2050
VanEck’s Vision: A Strategic Bitcoin Reserve Could Alter US Financial Strategy Could Bitcoin transform from a contentious digital asset to a stabilizing pillar of national economic policy? Investment management firm VanEck suggests a future where a strategic Bitcoin Reserve might hold up to 35% of the US national debt by 2050. This bold assertion rests […]
Read More