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RFK Jr. promises BTC strategic reserve, dollar backed by hard assets
27.7.2024
The presidential hopeful praised Bitcoin eloquently as a future support for the US economy and a way to fix broken American money and society
RFK Jr. promises BTC strategic reserve, dollar backed by hard assets
27.7.2024
The presidential hopeful praised Bitcoin eloquently as a future support for the US economy and a way to fix broken American money and society
Dennis Porter Claims Trump Will Announce USA Bitcoin Reserve
18.7.2024
Dennis Porter, CEO of the Satoshi Action Fund, has put out a bombshell of a revelation. In a recent tweet, Porter stated that former President Donald Trump is set to announce a USA Bitcoin strategic reserve during his appearance at the Nashville Bitcoin 2024 conference. HUGE BREAKING: Trump...
Spot Ether ETF Approval Expected to Enhance Crypto Asset’s Legitimacy and Utility, Says Hedera Council President
29.6.2024
While lobbying is likely to play an important role in shaping crypto policy, just as it has done in the early days of most industries, Charles Adkins, President of the Hedera Council, believes showcasing the tangible benefits of blockchain technology is a far more sustainable approach. Therefore...
Japanese listed firm adds Bitcoin as reserve asset with 117 BTC
13.5.2024
Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million
Mogo Takes a Further Leap Into BTC, Eyes Long-Term Gains With $5M Bitcoin Reserve Investment
7.3.2024
In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by investing in bitcoin and bitcoin exchange-traded funds (ETFs), earmarking an initial outlay of as much as $5 million. Canadian Fintech Mogo Dives Deeper Into Bitcoin...
Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange
20.11.2022
While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. In fact, metrics from...
Finder’s Experts Predict Bitcoin Will End the Year at $21K, Panel Expects BTC to Hit $79K by 2025
20.10.2022
Following the recent xrp and ether prediction forecasts by crypto and fintech experts chosen by the product comparison web portal, finder.com, Finder’s latest handful of specialists have produced a predictions report for bitcoin. The group of 55 Finder’s experts think bitcoin will...
Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days
30.7.2022
The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed its decision to adopt bitcoin has won praise from “other...
Luna Foundation Guard Discloses Usage of Bitcoin Reserves
17.5.2022
The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed how it used the available Bitcoin reserve before the recent debacle involving the Terra ecosystem. The organization sold part of the bitcoins owned directly, while...
UST’s Bitcoin Reserve Too Late in Coming to Save Dollar Peg
11.5.2022
Luna Foundation Guard’s billions of dollars in bitcoin without an actual infrastructure ready to deploy left Terra’s stablecoin UST vulnerable to a ‘Soros-style attack’, an analyst said
Swiss National Bank: ‘Buying Bitcoin Is Not a Problem for Us’
1.5.2022
Switzerland’s central bank, the Swiss National Bank, says buying and holding bitcoin as a reserve currency is not a problem for the bank. “We can arrange the technical and operative conditions relatively quickly, when we are convinced we must have bitcoin in our balance sheet,”...
Bailout Fund, Backstop or Bouncy Ball? Here's How LFG's Bitcoin 'Reserve' Might Work
22.4.2022
Developers of the fast-growing stablecoin UST say the coin's $1 value peg isn't "backed" by anything – just a blockchain-based algorithm. So why does it need a multibillion-dollar bitcoin reserve, in case of an emergency? How would that work?
Luna Foundation’s Bitcoin Reserve Wallet Now Holds $1.1 Billion in BTC
26.3.2022
During the last week, the cryptocurrency community has been discussing the bitcoin purchases made by Luna Foundation Guard (LFG), as onchain data shows LFG’s bitcoin wallet currently holds 24,954.95 bitcoin worth $1.1 billion. LFG’s Gnosis safe address shows over the last four days...
Terra's LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve
23.2.2022
LUNA's fortunes are closely tied to UST. The stablecoin's creation is facilitated by burning LUNA
Terra Tokenomics Lead to Market Surge, Bitcoin Reserve Hinted
4.12.2021
The recent movements in the treasury of Terra, a decentralized financial payment network, which is now burning more than $4 billion worth of LUNA due to a governance proposal, have seemingly made the price of the asset rise to all-time high (ATH) levels. This rise has been also accompanied by...
Marathon Patent Group Buys $150 Million Worth of Bitcoin as a Reserve Asset
26.1.2021
Marathon Patent Group announced Monday that it bought 4,813 bitcoins in a deal worth $150 million. The firm joins the growing list of publicly listed companies holding bitcoin in their treasuries. Merrick Okamoto, chairman and chief executive officer of Marathon, said the Nasdaq firm is buying...
Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency
18.1.2021
Stephen Harper said "the number of things that people use as reserves will expand," but the U.S. dollar will still retain its dominant role
No Need to Convince Shareholders – Microstrategy’s Investors Already Sold on Bitcoin, Says Analyst
16.12.2020
Investment banker Ellie Frost has put out a Twitter thread showing that four of Microstrategy’s top 10 shareholders had already been bullish on bitcoin before Michael Saylor company’s big dive into the digital asset. According to Frost, Microstrategy did not have much convincing to...
Vijay Boyapati’s Four Mental Models for Valuing Bitcoin
18.11.2020
From “Tulip Mania” to “the World’s Reserve Currency,” these valuation models show the full range of bitcoin’s long-term possibilities