News with the tag "Bitcoin Reserves"

World Liberty Financial (WLF), a decentralized finance (DeFi) project associated with President elect Donald Trump’s family, has announced plans to establish a “strategic reserve” of cryptocurrency assets. The announcement was made by WLF co-founder Chase Herro at the Ondo Summit in New York, where ...

Brian Armstrong, the outspoken CEO of Coinbase, has unveiled a vision for integrating Bitcoin into global economic strategy, advocating for the establishment of Bitcoin reserves by world governments. In a January 17 blog post centered on “economic freedom,” Armstrong positioned Bitcoin as a cornerst...

A proposed Oklahoma bill seeks to integrate bitcoin into state savings and pensions, aiming to safeguard purchasing power and position the state as a leader in digital assets. State Finances Meet Bitcoin: Oklahoma Lawmaker’s Strategic Reserve Plan Oklahoma State Rep. Cody Maynard announced on Wednes...

Politicians globally are arguing that a Bitcoin reserve would benefit their country.

Despite a potential supply shock-driven rally, Bitcoin currently lacks trading volume to recapture the $100,000 resistance, analysts told Cointelegraph.

In the past 24 hours, $521 million has been liquidated from the crypto market.

The concept of Bitcoin reserves global adoption is gaining momentum, with Metaplanet president Simon Gerovich expressing optimism that the U.S. will lead the charge. Speaking at Michael Saylor’s Bitcoin $100K Party, Gerovich suggested that President-elect Donald Trump’s anticipated move to establish...

Hut 8 Strengthens Its Bitcoin Reserves to $1 Billion with a Strategic Purchase Hut 8, a prominent Miami-based Bitcoin mining company, has made headlines by boosting its Bitcoin ( BTC ) reserves to an impressive $1 billion. This move follows the acquisition of 990 BTC at an average price of $101,710 ...

El Salvador Plans to Expand Bitcoin Reserves: A Strategic Move in 2024 El Salvador, the first country to adopt Bitcoin as legal tender, has announced its intention to increase its Bitcoin reserves. This decision reflects a renewed commitment to its Bitcoin strategy, even as the nation adjusts its cr...

Bitcoin jumped to a fresh high above $107,000 on Monday as crypto bulls were left giddy with excitement after President-elect Donald Trump floated the possibility of setting up a US strategic BTC reserve. The world’s biggest cryptocurrency hit a record peak of $107,039 and was last trading 3.64% hig...