Wyoming Pioneers State Bitcoin Reserve Initiative Ahead of Political Shift
Wyoming lawmakers introduce groundbreaking legislation allowing 3% of state funds to be invested in Bitcoin, potentially directing over $300 million toward cryptocurrency. The move coincides with anticipated changes in federal leadership and growing state-level interest in digital asset adoption.
Trump's Bold Crypto Vision: Plans to Make Digital Assets a National Priority
Former President Trump is set to issue an executive order designating cryptocurrency as a national priority, potentially including a national Bitcoin strategic reserve. The groundbreaking move signals a dramatic shift in U.S. crypto policy and has already triggered a significant market rally.
JPMorgan Predicts Bitcoin's Market Dominance Will Extend Through 2025
JPMorgan analysts forecast Bitcoin to maintain its cryptocurrency market leadership position through 2025, citing institutional adoption and its role as digital gold. The analysis points to MicroStrategy's massive acquisition plans and Bitcoin ETFs as key drivers supporting continued dominance.
Government's Bitcoin Sales Cost Taxpayers $18.5 Billion in Lost Value
Senator Cynthia Lummis investigates U.S. Marshals Service's controversial practice of selling seized Bitcoin assets, revealing $18.5 billion in unrealized losses. The investigation focuses on the Silk Road case and questions federal cryptocurrency management policies that may have disadvantaged American taxpayers.
SEC Chair Gensler's Final Stance: Bitcoin Stands Apart from 'Non-Compliant' Crypto Industry
In his final days as SEC Chairman, Gary Gensler maintains his hardline position on cryptocurrency regulation while specifically exempting Bitcoin from criticism. His departure marks a potential shift in SEC's regulatory approach, though industry challenges remain.
Hong Kong Construction Giant Makes $47M Strategic Bitcoin Investment
Ming Shing Group, a Hong Kong construction firm, has invested $47 million in Bitcoin through its subsidiary Lead Benefit, purchasing 500 BTC at $94,375 each. This bold move reflects growing cryptocurrency adoption in Hong Kong's traditional business sector, with the company viewing Bitcoin as a liquid asset to support operations.
Russia Emerges as Global Mining Hub Following Bitcoin Legalization
Russia's cryptocurrency mining sector experiences explosive growth as equipment orders triple following nationwide legalization. The strategic regulatory framework positions Russia as the world's second-largest Bitcoin mining hub, commanding 16% of global capacity.
Bitcoin at Crossroads: Short-Term Holder Sentiment Signals Critical $100K Test
Bitcoin hovers near $94,422 as market indicators suggest a potential shift in momentum towards the $100,000 milestone. Analysis reveals declining selling pressure and key resistance at $95,668, while short-term holder confidence shows signs of uncertainty.
El Salvador's Bitcoin Gamble Fuels Tourism Boom with Record 3.9M Visitors
El Salvador's adoption of Bitcoin as legal tender coincides with a remarkable surge in tourism, attracting 3.9 million visitors in 2024. The Central American nation's improved security, crypto-friendly policies, and infrastructure development have positioned it ahead of regional competitors.
Kenya Reverses Course: New Legislation to Embrace Cryptocurrency Trading
Kenya's government announces plans to legalize and regulate cryptocurrency trading, marking a dramatic shift from its 2015 ban. The move comes as 10% of Kenyans already own digital assets, prompting officials to create a framework balancing opportunities with risk management.