United States Senator Cynthia Lummis has introduced a revolutionary bill at the Bitcoin Conference 2024. Specifically, the bill proposes that the US government purchase and hold 5% of the total BTC supply. Moreover, this strategic reserve aims to address the national debt and secure America’s economic future. Additionally, the bill suggests the Federal Reserve should […]

Robert F. Kennedy Jr., or RFK, is making waves with his ambitious crypto promises. At the Bitcoin 2024 event, he unveiled a bold plan. The independent presidential candidate vowed to make Bitcoin a strategic reserve for the U.S. economy. RFK wants to transfer 204,000 Bitcoin held by the government to the Federal Reserve as “strategic […]

Joe Biden and Donald Trump didn’t discuss crypto in their first head-to-head debate, despite the industry raising billions to influence the elections; meanwhile, both the Jeo Boden memecoin and Trump-themed memecoins like Super Trump (STRUMP) and BABYTRUMP (BABYTRUMP) tanked, falling double digits during and after the debate. Trump vs. Biden: A Crypto Silence In the […]

The price of Bitcoin has recently faced a significant downturn, largely influenced by actions taken by the U.S. government. Traders and investors have been keenly observing these developments, especially as they affect market stability and future price movements. Government Moves Seized Bitcoin The U.S. government moved approximately $240 million worth of BTC to a Coinbase […]

Genesis, a major cryptocurrency firm, has agreed to a $2 billion settlement with the New York Attorney General (AG). This agreement aims to resolve allegations of misleading financial practices, particularly involving the Gemini Earn program. Background of the Case In October 2023, New York Attorney General Letitia James filed a lawsuit against Genesis, Gemini, and […]

Venezuela has banned all cryptocurrency mining operations to safeguard its power grid. This decision comes after a recent crackdown that saw the confiscation of 2,000 mining devices as part of an anti-corruption initiative. The Venezuelan government now joins a list of countries that have moved against crypto mining due to its high electricity demands. Crackdown […]

Bitcoin has hit a monumental milestone by logging over one billion transactions. This event marks a significant chapter in the cryptocurrency’s history, occurring in block 842,241, fifteen years after the creation of the first block by the enigmatic Satoshi Nakamoto. This achievement not only highlights the network’s robust capacity but also underlines its widespread adoption […]

The Bitcoin market is experiencing a significant transformation, marked by rising ownership and the advent of new investment structures such as Bitcoin and Ethereum ETFs. Despite the volatility and fluctuating inflows in Bitcoin ETFs, the approval of spot ETFs in Hong Kong and the increase in small BTC wallet holders signal a strengthening and broadening […]

Ethereum has seen a notable increase in its price, which coincides with the activation of a wallet that has been dormant for nearly nine years. This event has sparked intense speculation and interest in the cryptocurrency community. The reactivated wallet, containing 197 ETH, now worth over $622,000, was initially filled during the pre-mine stage of […]

In a striking turn of events, Bitcoin (BTC) is seeing a massive exodus from crypto exchanges, with over $2 billion being withdrawn in a single day. This movement is not just a blip on the radar but a significant trend that’s catching the eye of investors and market analysts alike. Let’s dive into what’s driving […]

Binance Waves Goodbye to Monero In a move sending ripples through the cryptocurrency world, Binance has decided to delist Monero. The leading crypto exchange also dropped a few other tokens. This decision will take effect on February 20, 2024. Consequently, it highlights the exchange’s dedication to regulatory standards and transparency. Monero, known for its strong […]

US Government’s Bitcoin Seizure The US government recently announced its intention to auction $117 million worth of Bitcoin confiscated from the Silk Road case. Subsequently, following the conviction of Ryan Farace and Joseph Farace for their involvement in a money laundering conspiracy linked to the infamous Silk Road dark web marketplace, this significant move emerged. […]