Tag Archives: us

Georgia submitted another bill allowing unrestricted Bitcoin investment by the state treasurer.  More US states are adopting Bitcoin reserves amid expanding crypto-friendly policies. Georgia doubled down on Bitcoin plans by adding a second reserve bill on Bitcoin, with an aim to let the state treasurer invest freely in the cryptocurrency. More US states are increasingly investing in Bitcoin, especially as former President Donald Trump, with his pro-crypto agenda, took charge of the nation....

AltVest Capital intends to raise $10 million to boost its Bitcoin holdings.  The corporation sees Bitcoin as a currency devaluation hedge. South African investment company AltVest Capital is adopting Bitcoin as a reserve asset for the treasury, and it is setting the pace in Africa as the first company to do so. The company already owns one Bitcoin and is making a bid for regulatory approval to raise another 200 million rand (about $10 million) to increase its Bitcoin holdings. AltVest...

Transak secures MTLs in Illinois and Missouri, expanding US crypto transaction possibilities. The move improves compliance, accelerates transactions, and promotes financial access in important markets. Transak, the top payments infrastructure solutions firm for Web3, has advanced its United States regulatory footprint with the acquisition of Money Transmitter Licenses (MTLs) in the states of Illinois and Missouri. The newly achieved MTLs allow the company to receive direct cryptocurrency...

Brian Brooks adds extensive crypto and financial expertise to the board. MicroStrategy joined Nasdaq-100, strengthening its Bitcoin-focused approach. MicroStrategy is a business intelligence company focused on Bitcoin and has now added three new members to its board of directors. On December 20, the company appointed Brian Brooks, former CEO of Binance.US, along with Jane Dietze and Gregg Winiarski, to the board. This move aligns with the company’s efforts to establish a strong...

Ki Young Ju proposes using Bitcoin to reduce U.S. debt by acquiring 1 million BTC by 2050, boosting financial strategy. A new strategy proposes using Bitcoin to help reduce U.S. debt. Over the past 15 years, Bitcoin’s market capitalization has surged to $2 trillion, driven by $790 billion in capital inflows. Ki Young Ju, the CEO of CryptoQuant, revealed these details on his X account. This shows that this year alone, Bitcoin contributed $1 trillion by injecting $352 billion in inflows....

Michael Saylor urges the US to sell gold and invest in Bitcoin to strengthen the economy and challenge gold-dependent nations. Michael Saylor, founder of MicroStrategy, has made a bold call for the US government. He urged it to sell all its gold reserves and invest in Bitcoin instead. Saylor suggested holding 20-25% of the current Bitcoin supply. He believes this move would strengthen the US’s position as the global reserve currency. Moreover, it will create challenges for countries relying...

Following Donald Trump’s presidential victory and his promise to establish a strategic Bitcoin reserve, momentum has surged around the idea of integrating Bitcoin into the nation’s economic and geopolitical strategy. In the latest development, crypto miner MARA Holdings has urged the United States to aggressively pursue leadership in the sector and in Bitcoin mining, positioning the asset as a matter of national security. Dominating Critical Components of Bitcoin In a recent...

As the US presidential race becomes more intense with less than a month away until Election Day, data from last week suggests that digital asset inflows have surged to $2.2 billion. This figure marked the highest level since July, spurred by optimism for a potential Republican success in the election. Inflows Surge Amid US Election Optimism According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, the trading volumes of investment products have...

Orbitt MM now boosts volume for Pump.Fun memecoins, enhancing Solana projects. The integration enables new tokens to achieve attention and sustainability on Solana. Orbitt, the Solana (SOL) project accelerator, has announced a substantial enhancement to its market-making service, which now supports volume boosts for Pump.Fun Tokens for a great time. This change is expected to boost the success of the new Pump.Fun projects that benefit the larger Solana nature. Beginning September 6, Orbitt MM...

Coinbase has expressed the belief that young, pro-crypto voters might influence the 2024 US presidential elections and potentially could become the deciding factor on who wins. In a report released on August 19, the exchange states that Gen Z and Millennials—who now represent 40% of the electorate—are increasingly supporting candidates who advocate for crypto and financial innovation. Crypto’s Growing Appeal Ahead of 2024 Elections According to the blog, younger Americans are...