Senator Lummis Says Trump Backs Legislation Requiring US Government to Buy 1,000,000 Bitcoin – The Daily Hodl
Trump Backs Bitcoin Purchase Legislation Senator Cynthia Ramis has revealed that President Donald Trump endorses a proposal for the US government to acquire 1 million bitcoins (BTC). In March, Ramis, a Republican from Wyoming, introduced the Optimized Investment (Bitcoin) Act in the Senate, aimed at fostering innovation, technology, and America’s competitive edge. If this bill […]
Bitcoin mining – Organizations increase investments due to a positive US environment – Cointelegraph
Is Bitcoin Mining at a Turning Point? Bitcoin mining is currently drawing significant interest from institutional investors. Instead of merely accumulating Bitcoin, fintech firms are investing in mining operations, spurred by the appealing regulatory landscape in the U.S. and the robust profit margins associated with BTC. As of late, numerous companies are diversifying their computing […]
Is a New Bitcoin High on the Horizon? Analyst Points Out Signs That Came Before Every Major BTC Price Increase – TradingView
Bitcoin Continues Its Climb Bitcoin is extending its recent recovery, now valued at $97,559 and showing over 15% growth in the last two weeks. This momentum is bringing it closer to the psychologically important $100,000 mark, suggesting a shift in investor sentiment across the broader crypto market. While short-term price movements can elicit mixed reactions, […]
Arizona Governor Deems Crypto an ‘Unproven Investment,’ Rejects Bitcoin Reserve Bill – CoinDesk
Arizona has decided against investing in Bitcoin (BTC) for the current year. Governor Katie Hobbs announced her rejection of a proposed bill that aimed to have the state hold digital assets in its official reserves. This legislation, known as Senate Bill 1025, suggested utilizing seized funds for investing in BTC and establishing state-administered digital asset […]
Brown University Invests Millions in Bitcoin Through BlackRock ETF Shares – Decrypt
Simply put Brown University recently revealed an exposure to nearly $5 million in Bitcoin through ETF shares. The university held 105,000 shares of BlackRock’s IBIT ETF as of March 31. Ivy League institution Brown University has invested significantly in Bitcoin through BlackRock’s iShares Bitcoin Trust ETF (IBIT), as indicated in the latest 13F-HR filing with […]
Vitalik aims to simplify Ethereum to match Bitcoin in 5 years – Cointelegraph
Vitalik Buterin, one of the co-founders of Ethereum, has suggested that Ethereum’s fundamental protocols need simplification. He seems to be looking to Bitcoin’s straightforward design as a model to enhance the efficiency, security, and accessibility of the network. In his recent blog post titled “Simplignes of L1,” published on May 3rd, Buterin shared his vision […]
Leading Bitcoin Advocate Forecasts XRP Highest Price for 2025 – The Crypto Basic
Prominent backers of Bitcoin believe that XRP may experience a significant rise this year, setting an ambitious target for the fourth-largest cryptocurrency. In recent YouTube shorts, Davinci Jeremie voiced a prediction that XRP’s price could hit an impressive $24 by 2025. Achieving that price would require a staggering 971% increase from its current value of […]
Bitcoin enthusiasts at ‘the club’ could prevent the US government from purchasing BTC, says Arthur Hayes – Cointelegraph
Arthur Hayes, a co-founder of Bitmex, expressed skepticism about the likelihood of the U.S. adding Bitcoin to its reserves, citing the country’s significant debt levels and the stereotypes surrounding what he calls the “Bitcoin Brothers.” In a May 1 interview, he stated, “I’m not really into the whole strategic reserve situation.” Hayes questions Bitcoin acquisition […]
Peter Brandt Forecasts When Bitcoin Could Hit $150,000, Technical Indicators Reveal Current Market Status – TradingView
In the past 24 hours, Bitcoin’s price has surged past $96,000, boosting expectations for an extended move into six-figure territory. This price action is particularly significant as it demonstrates a clear breakout above the crucial resistance zone of $93,000 to $95,000. A number of analysts believe this could signal the direction for Bitcoin’s next major […]
Bitcoin Climbs as Wall Street Solidifies ‘Liberation Day’ Recovery Following Positive Jobs Report – Decrypt
Simply put Bitcoin has climbed above $97,000. Stronger-than-expected job reports have led to discussions about interest rate cuts. US stocks have bounced back following Trump’s “liberation day” announcement. Bitcoin’s price action was set aside until Friday as investors reacted to robust employment reports, which contrasted with some indications of an economic slowdown. As per a […]