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Coinbase Advocates for US Bitcoin Strategic Reserve

Strategic Bitcoin Reserve

Coinbase Advocates for US Bitcoin Strategic Reserve

Coinbase, the nation's leading crypto exchange, has publicly endorsed the concept of a U.S. strategic Bitcoin reserve. This endorsement came through a thoughtful blog post on "economic freedom" penned by CEO Brian Armstrong. As Armstrong has positioned himself as a de facto spokesperson for the

California Lawmaker to Draft Bitcoin Legislation

California Lawmaker to Draft Bitcoin Legislation

In an exciting bit of news, California State Representative Phillip Chen is collaborating with the nonprofit Proof of Workforce to draft legislation that supports Bitcoin. This action marks a notable step toward integrating crypto into state policy, reflecting a broader national trend under the incoming administration of President-elect Donald Trump,

Bitcoin Cash 2025 Velma Upgrade Enhances Smart Contract Capabilities

Bitcoin Cash 2025 Velma Upgrade Enhances Smart Contract Capabilities

The Bitcoin Cash (BCH) network is set to undergo a significant upgrade with the Velma hard fork on May 15, 2025. This upgrade is not just another routine patch but a strategic enhancement aimed at expanding BCH's smart contract functionalities, driven by community-proposed improvements known as CHIP-2021-05 and

Bitcoin Miner BitFuFu Aims to Boost Operations with Oklahoma Facility Acquisition

Bitcoin Miner BitFuFu Aims to Boost Operations with Oklahoma Facility Acquisition

Singapore-based BitFuFu, a firm with significant backing from Bitmain, has set its sights on expanding its footprint in North America through an ambitious acquisition. The company has unveiled plans to secure a majority stake in a 51-megawatt Bitcoin mining facility located in Oklahoma, marking a strategic move aimed at enhancing

Phantom Wallet Secures Massive Funding Round at $3 Billion Valuation

Phantom Wallet Secures Massive Funding Round at $3 Billion Valuation

Phantom Wallet has announced a huge funding round, securing $150 million at a valuation of $3 billion. This Series C round was spearheaded by the venture capital heavyweights Sequoia Capital and Paradigm, with additional participation from a16z and Variant, highlighting the growing confidence in the crypto wallet's future.

Donald Trump's Crypto Strategy Will Elevate Cryptocurrency as National Priority

Donald Trump's Crypto Strategy Will Elevate Cryptocurrency as National Priority

In a significant policy shift, US President-elect Donald Trump is set to designate cryptocurrency as a national priority through an executive order, according to insiders familiar with the matter. This move indicates a strategic pivot aimed at integrating the burgeoning crypto industry into the core of US policy frameworks. Under

Secretary of Treasury Nominee Scott Bessent Rejects CBDC, Signals US Policy Shift Under Trump Admin

Secretary of Treasury Nominee Scott Bessent Rejects CBDC, Signals US Policy Shift Under Trump Admin

In a news clip from the Senate hearing for the Secretary of Treasury nomination, Scott Bessent expressed his view that there's no compelling reason for the U.S. government to establish a Central Bank Digital Currency (CBDC). This statement could indicate a significant policy shift, especially as Trump

Switzerland's PostFinance AG Bank Ventures into Ethereum Staking

Switzerland's PostFinance AG Bank Ventures into Ethereum Staking

In a significant stride towards blending the traditional banking sector with the growing world of cryptocurrencies, Switzerland's state-owned PostFinance AG has introduced Ethereum staking services. This launch marks a pivotal moment, reflecting the increasing acceptance and integration of crypto assets into mainstream financial services, especially as the world

Coinbase Launches Bitcoin Loans for US with DeFi Backing

Coinbase Launches Bitcoin Loans for US with DeFi Backing

Coinbase has once again ventured into the realm of Bitcoin backed loans for its US customers, this time with a strategic twist. After discontinuing its previous crypto lending program in 2023 due to regulatory pressures and waning demand, Coinbase has now partnered with Morpho, a decentralized finance (DeFi) protocol, to

Trump is Considering Solana, XRP, and USDC in America First Strategic Reserves

Trump is Considering Solana, XRP, and USDC in America First Strategic Reserves

In a significant shift toward embracing various cryptocurrencies, Donald Trump is considering the inclusion Solana, XRP, and USDC in what he terms an "America-first strategic reserve." As Trump prepares to assume the presidency on January 20, the crypto community eagerly awaits the potential implications of his forthcoming executive

Arkansas Legislature Considers Banning Bitcoin Mining Near Military Bases

Arkansas Legislature Considers Banning Bitcoin Mining Near Military Bases

The state of Arkansas is on the brink of passing legislation that could reshape the landscape for Bitcoin and crypto mining operations, particularly those near military installations. Senate Bill 60, introduced by Senator Ricky Hill and House Speaker Brian Evans, seeks to amend the Arkansas Data Centers Act of 2023

Oklahoma State Representative Proposes Bitcoin as Strategic Reserve Asset

Strategic Bitcoin Reserve

Oklahoma State Representative Proposes Bitcoin as Strategic Reserve Asset

In a bold move to safeguard the financial future of its citizens, Oklahoma's State Representative Cody Maynard introduced House Bill 1203, which is aimed at being a strategic Bitcoin reserve. This legislative proposal aims to diversify the state's financial reserves by including Bitcoin as a hedge

Dubai Is Building A Crypto Tower to Become a Global Blockchain Hub

Dubai Is Building A Crypto Tower to Become a Global Blockchain Hub

Dubai is setting the stage for a new era in digital finance with the groundbreaking announcement of the Crypto Tower. This initiative is not just about creating office space; it's about fostering an entire ecosystem where blockchain technology can thrive, positioning Dubai as a leading global crypto hub.

US Government Orders Return of Seized Bitcoin to Bitfinex from 2016 Hack

US Government Orders Return of Seized Bitcoin to Bitfinex from 2016 Hack

The United States government has mandated the return of over 94,000 Bitcoins, seized after the infamous 2016 Bitfinex exchange hack, back to the exchange itself. This decision comes as part of an "in-kind restitution" process, highlighting a significant development in the legal treatment of digital assets. A

Lawyer Group Burwick Law Starts Legal Action Against Pump.fun Over Memecoin Investor Losses

Lawyer Group Burwick Law Starts Legal Action Against Pump.fun Over Memecoin Investor Losses

Burwick Law has publicly announced its pursuit of legal action on behalf of those who have suffered financial losses due to investments in Pump.fun memecoins. This initiative comes after months of collaboration with individuals who have seen substantial monetary losses due to the volatile nature of these memecoins, rugs,

El Salvador Harnesses Volcanic Power for Sustainable Bitcoin Mining

El Salvador Harnesses Volcanic Power for Sustainable Bitcoin Mining

In the heart of Central America, El Salvador has embarked on an innovative venture that intertwines the digital economy with one of nature's most formidable forces: a volcano. This small nation has successfully mined 474 Bitcoins, amassing a value of $29 million, by harnessing the geothermal energy from

Chainalysis Acquires AI Fraud Detection Firm Alterya for $150 Million Dollars

Chainalysis Acquires AI Fraud Detection Firm Alterya for $150 Million Dollars

Chainalysis, a well known name in blockchain analytics and tracking, has taken a significant step forward by acquiring Alterya, a firm specializing in AI-based fraud detection. This acquisition, valued at $150 million, marks a pivotal moment for Chainalysis. Alterya, which began operations in 2022, has quickly carved out a niche

Italian Bank Intesa Sanpaolo Ventures into Cryptocurrency with Bitcoin Acquisition

Italian Bank Intesa Sanpaolo Ventures into Cryptocurrency with Bitcoin Acquisition

Intesa Sanpaolo, Italy's largest banking institution, has made a significant move into the cryptocurrency market by purchasing 11 Bitcoin for approximately $1 million dollars. This acquisition, which took place on January 13, 2025, represents the price range of $91,000 to $93,000 dollars per Bitcoin. This bold

Tether Files Lawsuit Against Swan Bitcoin Over Mining Joint Venture Dispute

Tether Files Lawsuit Against Swan Bitcoin Over Mining Joint Venture Dispute

In a significant escalation of their ongoing dispute, Tether, the stablecoin giant, has taken legal action against financial services firm Swan Bitcoin. The lawsuit filed in the High Court of England and Wales, centers around a contentious Bitcoin mining partnership known as 2040 Energy, revealing tensions that have simmered beneath

Telegram's TON Blockchain Set to Expand in the US Under Trump's Pro-Crypto Administration

Telegram's TON Blockchain Set to Expand in the US Under Trump's Pro-Crypto Administration

The crypto landscape in the United States is poised for some additional changes as Telegram's The Open Network (TON) Blockchain gears up for an official expansion into the US market. This move, according to reports from Bloomberg, is largely influenced by the anticipated pro-crypto regulatory environment under the

Sen. Elizabeth Warren Sends Letter to Trump Treasury Nominee Advocating for Tighter Crypto Regs

Sen. Elizabeth Warren Sends Letter to Trump Treasury Nominee Advocating for Tighter Crypto Regs

US Senator Elizabeth Warren has recently dispatched a comprehensive open letter to Donald Trump's nominee for Treasury Secretary, Scott Bessent, pushing for a reevaluation and potential tightening of regulations concerning crypto assets. In her extensive 31-page letter dated January 12, Warren poses critical questions about the scope and

Sony Launches Soneium, a New Layer-2 Blockchain

Sony Launches Soneium, a New Layer-2 Blockchain

Sony, a name synonymous with innovation since its inception in 1946, has stepped boldly into the realm of blockchain with the official launch of Soneium. This layer-2 blockchain platform, developed by Sony Block Solutions Labs (SBSL), in partnership with Startale Labs, marks a significant milestone in bridging traditional tech with

Donald Trump Plans to Push for Crypto Policy Reform on Inauguration Day

Donald Trump Plans to Push for Crypto Policy Reform on Inauguration Day

Donald Trump, a vocal advocate for the crypto industry during his campaign, is set to issue executive orders concerning crypto policies on his very first day in office, according to the Washington Post. This move is seen as a direct response to the needs and expectations of the growing cryptocurrency

BlackRock Report Says Crypto Has Surpassed Growth of Mobile Phones and Internet

BlackRock Report Says Crypto Has Surpassed Growth of Mobile Phones and Internet

In a new report, BlackRock, the asset management company overseeing $10 trillion, has said that the growth trajectory of cryptocurrencies has exceeded that of both mobile phones and the internet. The report highlights that the crypto sector has now attracted 300 million users worldwide, a milestone reached in just 12

MoonPay Acquires Helio for $175 Million Dollars to Boost Crypto Payment Systems

MoonPay Acquires Helio for $175 Million Dollars to Boost Crypto Payment Systems

In a significant move within the cryptocurrency sector, MoonPay, a leading crypto payments platform, has announced the acquisition of blockchain payment processor Helio for $175 million. This acquisition, which marks MoonPay’s largest deal to date, is seen as a strategic play to enhance its infrastructure for digital asset transactions,