Bitcoin

A collection of 233 posts

Crypto

Trump Reverses SAB 121 Allowing Banks to Custody Crypto Assets

In a significant move for the crypto industry, President Donald Trump has officially eliminated Staff Accounting Bulletin 121 (SAB 121), a guideline previously enforced by the U.S. Securities and Exchange Commission (SEC). This action marks a pivotal shift in U.S. policy, directly impacting how banks can interact with

Crypto

Possible Candidates for Cryptocurrencies on Trump’s National Stockpile List

Earlier today, President Donald Trump announced an executive order to add a U.S. national stockpile of cryptocurrencies. This speculative move comes as part of a broader strategy to integrate cryptocurrencies into national reserves, potentially signaling a shift towards recognizing and utilizing blockchain technology at a governmental level. The possible

Crypto

Trump Signs Historic Crypto Executive Order Bolstering US Digital Finance Leadership

BREAKING: In an unprecedented move for the United States, President Donald Trump has signed an executive order that promises to reshape the regulatory environment surrounding cryptocurrencies. This directive comes at a time when cryptocurrencies and digital assets are increasingly becoming a focal point in global finance, signaling a strong push

Bitcoin

CZ Binance Says "Crypto Moving at Crypto Speed" As US Strategic Bitcoin Reserve Comes to Fruition

Changpeng Zhao, commonly known as CZ, the CEO of Binance exchange, has weighed in on the establishment of a US Strategic Bitcoin Reserve. His comments signal a significant step towards the mainstream adoption of Bitcoin as a strategic asset by one of the world's leading economies. The concept

Crime

Ledger Crypto Wallet Co-founder David Balland Freed After Kidnapping

In an intense 48-hour ordeal, David Balland, co-founder of the crypto hardware wallet company Ledger, was safely rescued following his kidnapping in Vierzon, France. The incident unfolded on Tuesday, escalating into a situation fraught with danger that necessitated a media blackout to ensure Balland's safety. The operation to

Exchange

Crypto.com Relaunches US Exchange Under New Trump Crypto-Friendly Administration

Crypto.com has made a significant move by relaunching its "institutional-grade venue" in the United States, just one day following the inauguration of Donald Trump, who is often referred to as the first pro-crypto president. This strategic timing seems to echo the new administration's favorable stance

Bitcoin

Nasdaq Listed Critical Metals Corp Plans $500 Million Investment into Bitcoin

Critical Metals Corp, a prominent mining development firm specializing in critical metals and minerals, has taken a big step into the realm of cryptocurrency by announcing the adoption of Bitcoin as a primary asset in its treasury program. The company, listed on Nasdaq under the ticker CRML, is now the

Ross Ulbricht

President Donald Trump Pardons Silk Road Founder Ross Ulbricht After 12 Years in Prison

BREAKING: President Donald Trump has granted a full pardon to Ross Ulbricht, the man behind the notorious Silk Road marketplace. After serving nearly twelve years in prison, Ulbricht's sentence has finally come to an end, thanks to many of his supporters who have passionately advocated for his freedom

Crypto

SEC Launches New Task Force to Clarify Crypto Regulations

In a significant move towards shaping the future of cryptocurrency regulation, the U.S. Securities and Exchange Commission (SEC) under the new Trump administration has announced the formation of a new Crypto Task Force. This initiative, spearheaded by Acting Chairman Mark T. Uyeda, aims to provide clarity and structure to

Roger Ver

Elon Musk Explores Pardon for Bitcoin Pioneer Roger Ver from President Trump

In an intriguing development within the crypto world, Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, said he will begin discussions with President Donald Trump regarding a potential pardon for Roger Ver, a notable figure known for Bitcoin evangelism and early advocacy, even earning him the name "Bitcoin

Bitcoin

Coinbase CEO Brian Armstrong Predicts Bitcoin Will Surge to Millions of Dollars

In a recent appearance on CNBC, Coinbase CEO Brian Armstrong shared his bullish outlook on Bitcoin, suggesting that the cryptocurrency could see its value soar into the "multiple millions" in the coming years. Armstrong's optimism is grounded in several pivotal developments he sees on the horizon

Ross Ulbricht

Trump's Promise to Free Ross Ulbricht on Day One Goes Unfulfilled

Donald Trump's pledge to commute the sentence of Ross Ulbricht, the founder of the notorious Silk Road marketplace, has not come to fruition on the first day of his second term in office. This unfulfilled promise has left advocates and supporters of Ulbricht disheartened, as they had hoped

Ethereum

Trump’s DeFi Project World Liberty Financial Acquires $47 Million in Wrapped Bitcoin

World Liberty Financial, a project associated with Donald Trump, has made headlines by purchasing $47 million worth of Wrapped Bitcoin (WBTC). This transaction was revealed by blockchain analytics platform Arkham Intelligence, which specializes in tracking and analyzing blockchain activities of notable entities. The acquisition took place on the very day

Strategic Bitcoin Reserve

Trump Eyes Bitcoin Reserve Amid Talks with Michael Saylor and Marathon Digital

Michael Saylor, the visionary behind MicroStrategy, along with key executives from Bitcoin mining company Marathon Digital, recently convened with members of President-elect Donald Trump's incoming administration. This meeting, which took place amidst a reception hosted by Vice President JD Vance, hints at a potential shift in U.S.

Legal

Jack Dorsey's Block Faces Massive $175 Million Settlement Over Cash App Fraud Issues

Jack Dorsey’s company, Block, has been slapped with a $175 million settlement related to fraud management failures within its Cash App platform by the Consumer Financial Protection Bureau (CFPB). This action was one of the last major regulatory decisions of the Biden administration, known for its stringent policies in

Bitcoin Mining

Marathon Digital Inscribes Donald Trump Image on Bitcoin Blockchain

Marathon Digital has taken an interesting step by inscribing a portrait of Donald Trump onto the Bitcoin blockchain, an act that symbolizes not only the intertwining of politics with crypto but also positions Trump as the first U.S. president explicitly supportive of Bitcoin. Marathon Digital announced this unique initiative

Strategic Bitcoin Reserve

Massachusetts Senator Proposes Bill to Create State Bitcoin Reserve

In a significant move for the crypto space in the United States, Massachusetts State Senator Peter Durant has introduced legislation aimed at establishing a strategic Bitcoin reserve for the state. This development mirrors actions taken by other states like Texas, Pennsylvania, and Oklahoma, which are also considering similar legislative measures

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

Bitcoin

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 Mining

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

Donald Trump

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

Bitcoin

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

Solana

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

Bitcoin Mining

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

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