Plans for the Florida government to launch a strategic bitcoin reserve are in full swing. Political leaders, unions and defenders of digital currency are advancing an initiative for the state to become the first to save in cryptocurrencies in the United States. Samuel Armes, president of the Florida Blockchain Business Association (FBBA), commented on X … Read more
David Sacks, former chief operating officer of PayPal, has been appointed by President-elect Donald Trump as the “crypto czar” of his administration. The announcement was made public through Truth Social and was shared by Sacks himself on X. “In this important role, David will formulate administration policies in the areas of artificial intelligence (AI) and … Read more
On December 5, automotive accessories company Worksport announced the creation of a bitcoin (BTC)-based strategic reserve, with the additional inclusion of Ripple’s cryptocurrency XRP, as part of its treasury strategy. According to the information revealed, Worksport’s Board of Directors approved the acquisition up to $5 million in bitcoin and XRP. This purchase is limited to … Read more
The risk of falls for altcoins increases. In general, bullish expectations for bitcoin remain. Bitcoin (BTC) surpassed the $100,000 barrier for the first time in its history and is now walking through completely unexplored and unknown territory. For this reason, it is worth asking the following question: Is it possible that the price remains in … Read more
The businessman says that they want to unite the capital market and the bitcoin ecosystem. Saylor compares bitcoin’s volatility to the “fire” Henry Ford used to create the engine. MicroStrategy CEO Michael Saylor downplayed bitcoin’s volatility, explaining that it is part of the natural behavior of the market’s leading cryptocurrency. “Bitcoin volatility is like fire. … Read more
Ether (ETH), the cryptocurrency of the Ethereum network, is experiencing a notable rebound that allowed it to return to trading at $3,800, its highest price in 5 months. The quote of the second most valuable cryptocurrency on the market increased more than 6% during the last week and now it sets its sights on breaking … Read more
New York Mayor Eric Adams mocked those who questioned his decision to receive his first three paychecks in bitcoin (BTC) during a press appearance on Tuesday, December 3. Adams took the opportunity to highlight how the United States is falling behind in the development of new technologies. “Many of you laughed at me when you … Read more
The amount mobilized includes 5,024 ether and 13.5 million BUSD. The transfers came amid the altcoin rally. Around $33.6 million in cryptocurrencies moved from US government wallets on November 3. These are addresses where part of the funds confiscated after the collapse, in 2021, of the FTX cryptocurrency exchange and the Alameda trading firm are … Read more
Alex Mashinsky, who was charged on July 13, 2023 with fraud, conspiracy and market manipulation, admitted to deceiving Celsius Network users during a hearing before US District Judge John Koeltl on Tuesday. Mashinsky, 59, founder of the lending platform, confessed his guilt on charges of commodity fraud and in a fraudulent scheme to manipulate the … Read more
Grayscale joins four other companies that also want to issue their Solana ETF. After hearing the news, Solana rose 7% and is trading at $237. Grayscale Investments and NYSE Arca filed a 19b-4 application with the U.S. Securities and Exchange Commission (SEC) to issue a Solana exchange-traded fund (ETF). The application aims to convert the … Read more