Without presidential authorization, the Secretary of the Treasury will not be able to sell funds from the reserve. The reserve will be audited regularly, with high security standards and constant reports. Yesterday, a draft of a decree detailing the creation of a strategic bitcoin (BTC) reserve in the United States was leaked. The document, pending … Read more
The president of the United States Federal Reserve, Jerome Powell, declared during the afternoon of this Wednesday, December 18, that the institution he represents cannot hold bitcoin (BTC) in its reserves. In a press conference that celebrated After the meeting of the Federal Open Market Committee (FOMC), the official explained that, according to the Federal … Read more
The interest rate in the US is 4.50-4.75 basis points. The price of bitcoin (BTC) remains above $100,000. Today, December 18, a day of high volatility is expected for bitcoin (BTC) and cryptocurrencies. This Wednesday the decision on the interest rate of the FOMC, the body in charge of defining the monetary policy of the … Read more
This Tuesday, the draft of an executive order that proposes the creation of a strategic reserve of bitcoin (BTC) in the United States was released. All that remains is for President-elect Donald Trump’s team to review this document and for the president to sign it for it to come into force. The document, which was … Read more
The digital currency is setting new all-time highs. Despite this, the market, in general, remains extremely greedy. Bitcoin (BTC) surpassed $107,000, achieving a new all-time high that boosted the accumulated gain since the US elections to more than 50%. US President-elect Donald Trump’s promise to create a strategic bitcoin reserve has supported the currency’s recent … Read more
Under new rules, companies will measure cryptoassets at fair value The change will further cement BTC’s dominance in the fabric of modern finance. Following in the footsteps of MicroStrategy, the company with the most bitcoin (BTC) in the world, will be much easier now that an update to the Financial Accounting Standards Board (FASB) came … Read more
The launch of RLUSD will favor XRP, if the stablecoin turns out to be successful. Taking profits is essential to avoid suffering possible price drops. The XRP cryptocurrency has emerged in the last month as a key contender to other digital assets. In its price rise it has left behind (in market capitalization) giants like … Read more
The next interest rate decision in the United States is Wednesday, December 18. There is a 96% chance of a 25 basis point rate cut, according to CME. The price of bitcoin (BTC) has reached $103,000 (USD) today, while a significant event is expected for the markets this week. This is the decision on interest … Read more
The American stock market Nasdaq announced today the results of the annual reconstitution of the Nasdaq-100 Index (Nasdaq: NDX®), which will take effect before the market opens on Monday, December 23, 2024. It highlights the inclusion of MicroStrategy, the company led by institutional bitcoiner Michael Saylor. MicroStrategy was primarily known for its business intelligence and … Read more
Keizer believes that bitcoin will soon accelerate the loss of value of the gold metal. The accelerated adoption of bitcoin increasingly challenges the gold market. President Nayib Bukele’s decision to accumulate bitcoin (BTC) and gold, as treasures of El Salvador, has sparked an intense debate in the community that revolves around cryptocurrencies. Max Keiser’s advice … Read more