Bitcoin is now down around 11% after reaching its all-time high price of $108,135 on Dec. 17. Read More at https://cointelegraph.com/news/bitcoin-first-major-weekly-price-slump-since-trump-win?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: December 2024
Saylor floats US crypto framework with $81T Bitcoin reserve plan
Bitcoin bull Michael Saylor has pitched a US crypto framework, saying a strategic digital asset policy can strengthen the dollar and neutralize the country’s national debt. Read More at https://cointelegraph.com/news/saylor-floats-us-crypto-framework-with-81-trillion-bitcoin-reserve?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Australia’s ‘Barefoot Investor’ takes on crypto scammers stealing his likeness
Australian investing and finance educator Scott Pape, known as the “Barefoot Investor,” has broken down the secrets behind WhatsApp group crypto scams targeting Facebook users. Read More at https://cointelegraph.com/news/barefoot-investor-scott-pape-crypto-scam-stolen-likeness?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Bitcoin reserve could slash national debt 35% by 2049: VanEck
VanEck has said a US Bitcoin reserve could majorly slash the national debt if the cryptocurrency grows to $42.3 million a coin by 2049. Read More at https://cointelegraph.com/news/us-bitcoin-reserve-slash-national-debt-2049-vaneck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump appoints former college football player Bo Hines to head crypto council
Bo Hines will work under Donald Trump’s crypto and AI czar, David Sacks, on the incoming presiden’ts crypto council in a bid to “foster innovation and growth” for digital assets. Read More at https://cointelegraph.com/news/trump-appoints-bo-hines-head-crypto-council?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Securitize proposes BlackRock BUIDL fund as collateral for Frax USD
According to RWA.XYZ, BlackRock’s US dollar Institutional Digital Liquidity Fund has roughly $549 million in assets under management. Read More at https://cointelegraph.com/news/securitize-proposes-black-rock-buidl-back-frax-stablecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SUI, BGB, ENA and VIRTUAL show strength as Bitcoin looks for direction
Bitcoin’s recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL. Read More at https://cointelegraph.com/news/sui-bgb-ena-and-virtual-show-strength-as-bitcoin-looks-for-direction?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump nominates Stephen Miran as Council of Economic Advisors chairman
“I’m a huge believer in innovation, in powering the betterment of mankind, and increasing prosperity,” Miran recently said in a podcast. Read More at https://cointelegraph.com/news/trump-nominates-stephen-miran-council-economic-advisors-chair?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy Bitcoin purchases surpass 2021 bull market levels
According to MicroStrategy co-founder Michael Saylor, the company currently holds 439,000 Bitcoin, valued at approximately $27 billion. Read More at https://cointelegraph.com/news/micro-strategy-bitcoin-purchases-surpass-2021-bull-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin social sentiment drops to yearly low, signaling BTC breakout
Bitcoin could see another week of correction before it manages to recover above $100,000, based on historical chart patterns. Read More at https://cointelegraph.com/news/bitcoin-social-sentiment-drops-yearly-low-signaling-btc-breakout?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound