Amazon shareholders are urging the company to consider investing 5% of its treasury assets into Bitcoin, mirroring the approach adopted by MicroStrategy to hedge against fiat inflation and enhance shareholder value. The proposal was submitted by the National Center for Public Policy Research (NCPPR), a think tank that promotes free-market principles, and has been widely […]
Trump Could Pick New SEC Chairman “As Fast as Tomorrow”
Paul Atkins is currently the leading candidate, with about a 70% chance of being nominated as the next SEC chairman. Incoming President Donald Trump’s transition team is reportedly considering several candidates for the role of SEC chairman and could announce its decision “as soon as tomorrow,” according to FOX Business reporter Eleanor Terrett, citing sources […]
XRP Overtakes USDT, Becomes the 3rd Largest Cryptocurrency
XRP, the cryptocurrency closely associated with Ripple, has surged in market capitalization, achieving a meteoric rise to multi-year highs in its price. XRP has climbed to become the world’s third-largest cryptocurrency, surpassing Tether (USDT). This comes on the back of a more than 20% increase in the past 24 hours, pushing its market capitalization to […]
Ethereum on the Rise: Whales Push Accumulation and Forecasts Point to a New All-Time High
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is making significant strides toward setting a new all-time high (ATH), following closely behind Bitcoin’s lead. Bullish Projection for Ethereum On-chain metrics provider Globe of Crypto recently highlighted a critical technical pattern: “Forming an ascending triangle at 1WTF. A breakout could provide a huge bullish rally towards […]
Manhattan U.S. Attorney’s Office Considers Scaling Back Cryptocurrency Prosecution with Trump in Office
Cryptocurrency enforcement cases in the United States are expected to decline under the new Donald Trump administration, as the president-elect has promoted a friendlier environment for the asset class. The U.S. Attorney’s Office in Manhattan, New York, is reportedly taking this shift into account and contemplating reducing the prosecution of cryptocurrency-related cases. This was revealed […]
Donald Trump Announces New D.O.G.E. Agency with Elon Musk at the Helm
President-elect Donald Trump has confirmed the establishment of a new Department of Government Efficiency (DOGE), an idea originally proposed by Elon Musk. The Tesla CEO will head the new department alongside Vivek Ramaswamy, co-founder of Strive Enterprises and former GOP presidential candidate. Vision for Government Efficiency In a written statement, Trump announced that the DOGE […]
Bitcoin Overtakes Silver to Become the World’s Eighth Largest Asset by Market Capitalization
Bitcoin has achieved another remarkable milestone, surpassing silver in market capitalization to rank as the eighth largest asset globally, with a valuation of $1.736 trillion, as reported by the Companies Market Cap website. This accomplishment came after Bitcoin’s price surged past $88,000, gaining 10% in a single day. Conversely, silver’s market value declined by 2%, […]
Shiba Inu Proposal Aims to Transform the U.S. Through a New Blockchain Ecosystem
Shytoshi Kusama, the anonymous lead developer of the Shiba Inu network, has announced plans to propose a groundbreaking initiative to the new U.S. presidential administration under Donald Trump. The project involves creating a “Strategic Hub for Innovation and Blockchain” (S.H.I.B.) in a U.S. city, with the goal of positioning the United States as a global […]
Bitcoin Hits New High of $75,000 Following Trump’s Presidential Win
The leading cryptocurrency has reached a new all-time high near $75,000 as Donald Trump was confirmed as the winner of the U.S. presidential election. Trump was elected as the 47th president of the United States, marking a remarkable political comeback for the former president, who previously refused to accept defeat, incited an insurrection at the […]
Cardano and Bitcoin: A Revolution in the Making?
In a recent YouTube “Ask Me Anything” (AMA), Charles Hoskinson, co-founder of Cardano (ADA) and Ethereum (ETH), surprised his audience by discussing a potential revolutionary integration between Cardano and Bitcoin (BTC). During the November 2 event, Hoskinson reflected on the possibility of establishing a “trustless bridge” between the two networks, enabling unprecedented interoperability. Hoskinson noted […]