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The momentum for a Strategic Bitcoin Reserve in the U.S. is fast becoming reality, backed by hard numbers, new legislation, and concrete progress in both Congress and the Treasury. Alex Thorn, head of research at Galaxy Digital, says there’s a strong chance the U.S. could create a Strategic Bitcoin …
There is a high likelihood that the United States government will form the highly anticipated Strategic Bitcoin Reserve by the end of this year, says Galaxy Digital’s head of firmwide research, Alex Thorn.However, other industry executives are less confident.“I still think there’s a strong chance th…
Lobby groups from the finance and technology sectors are pressing the UK government to ensure blockchain is included in a planned cooperation deal with the United States, Bloomberg reported. The calls come ahead of President Donald Trump’s visit to London next week, where he will be accompanied by s…
U.S. wholesale inflation unexpectedly declined in August, setting the stage for a Federal Reserve rate cut next week and sending Bitcoin higher as traders bet on looser monetary policy.The Producer Price Index (PPI) for final demand slipped 0.1% in August, the first monthly drop in four months, foll…
The US Senate Banking Committee has advanced the nomination of Stephen Miran to a temporary position on the Federal Reserve Board of Governors after another member resigned in August. In a Wednesday meeting, the banking committee voted along party lines, 13 to 11, to advance Miran’s nomination to th…
A group of Democratic US senators has released its own version of guidelines to influence legislation to establish a crypto market structure, focusing on taking time toward a “strong, bipartisan outcome.” In a Tuesday notice, 12 Democratic senators, several of whom are on the banking committee, unve…
Story HighlightsBitcoin is currently trading at: $ 112,545.02859061Predictions suggest BTC could reach $175K in 2025.Long-term forecasts estimate BTC prices could hit $900K by 2030.The Bitcoin price prediction for 2025 is becoming aggressively bullish as in the year’s second half, July, a new ATH ha…
How do you magically transform $4 million into $8.5 billion? It's beyond the dreams of even the most optimistic gamblers, but it's possible in the world of cryptocurrency treasury companies, which offer a lucrative casino.Eightco is the latest lucky stock. A previously obscure company with offerings…
U.S. Senators have unveiled the latest draft of a major crypto market structure bill which contains significant changes for DeFi developers and DePINs, along with a call for federal regulators to coordinate on their regulation of digital assets and evaluate tokenization of real-world assets.The Resp…
Today in crypto, Bitcoin difficulty climbs to new all-time high, a crypto developer says Trump-linked crypto project WLFI froze his tokens and refused to unlock them. Meanwhile, a Bitcoin analyst is not convinced that Bitcoin will peak at the end of this year. Bitcoin mining difficulty hits a new al…
Although the week went rather sluggishly in terms of price movements, there were some big news stories that went out, and the upcoming FOMC meeting could shape the next few months.But first, let’s recap some of the price highlights. Bitcoin experienced some enhanced volatility last Friday when it ju…
The US labor market sent shockwaves through Wall Street, with Bitcoin moving in response.Data shows that the August jobs report delivered the weakest payroll gains since 2021, raising alarms about the health of the US economy while fueling fresh demand for alternative assets like crypto.Bitcoin Gai…