Bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded unprecedented capital outflows yesterday. They ended the day with withdrawals of 680 million dollars (USD). This new record of outputs in one day in these instruments exceeds the one it had until then by 25%which had been USD 541 million almost two months ago. Yesterday’s … Read more
Los Angeles – US prosecutors on Thursday unsealed criminal charges against a Chinese national, saying China’s ruling Communist Party used an agent in California to influence the state’s politics. FBI agents arrested Yaoning “Mike” Sun, 64, at his home in Chino Hills, near Los Angeles, on charges that he acted as an agent for a … Read more
The US Defense Department’s annual report on China’s military power released this week said the PLA is accelerating modernization but still faces many operational challenges in carrying out a rapid and decisive attack on Taiwan . Click here for full story in Mandarin, Source link
Republicans in the US Congress voted on Thursday for a new spending package that would avert a looming government shutdown, this time with the support of President-elect Donald Trump, who defeated an earlier bipartisan version. It was unclear whether the measure would survive an evening vote in the House of Representatives. House Democrats emerged from … Read more
The Federal Reserve Chairman’s views caused a stir in the financial world. The long-term price expectation is good, but there is uncertainty about the bitcoin reserve. After following a path that brought it closer to USD 110,000, the price of bitcoin (BTC) registered a significant drop on December 18. The price of the digital currency … Read more
Conventional data centers currently have power and cooling limitations. AI may offer more stable income streams, but would limit the hashing power of miners. Thanks to their infrastructure, Bitcoin (BTC) mining companies would be in a favorable position to take advantage of the demand for data centers from sectors such as artificial intelligence (AI) and … Read more
Hayes believes that US economic prosperity requires creating more dollars and devaluing gold. He believes Trump will drive a cryptocurrency sell-off. Former BitMEX CEO Arthur Hayes predicts that cryptocurrencies will face a significant drop following the inauguration of Donald Trump as president of the United States on January 20. The analysis was published by Arthur … Read more
ATLANTA, GA. , A state appeals court on Thursday removed Fulton County District Attorney Fani Willis from the Georgia election interference case against Donald Trump and others but did not dismiss the indictment, leaving the future of the prosecution uncertain. The case against Trump and more than a dozen others had already been stalled for … Read more
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