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.
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.
Senate Makes History with First-Ever Cryptocurrency Subcommittee Under Banking Panel
The U.S. Senate establishes its first dedicated cryptocurrency subcommittee, chaired by Senator Cynthia Lummis under the Senate Banking Committee. This groundbreaking initiative aims to develop comprehensive regulatory frameworks and influence crypto policy direction ahead of presidential transition.
Senate to Launch Historic Cryptocurrency Subcommittee Under Lummis Leadership
The U.S. Senate Banking Committee is establishing its first-ever cryptocurrency subcommittee, with Senator Cynthia Lummis expected to lead the groundbreaking initiative. This watershed development aims to craft balanced oversight frameworks that protect consumers while fostering innovation in the rapidly evolving digital asset sector.
Federal Reserve's Crypto Skeptic Steps Down: Michael Barr's Exit Signals Regulatory Shift
Federal Reserve Vice Chair Michael Barr, known for his critical stance on cryptocurrencies, announces resignation amid controversy over Operation Chokepoint 2.0. His departure marks a significant change in U.S. financial regulation as investigations into alleged anti-crypto banking restrictions continue.
Pro-Crypto Majority Takes Hold: 119th Congress Makes History
The 119th United States Congress marks a pivotal shift with 298 pro-crypto lawmakers from both parties, making it the most cryptocurrency-friendly legislature in history. Ripple CEO Brad Garlinghouse highlights this watershed moment as crypto companies prepare to work with lawmakers on transformative policies and regulatory frameworks.
Bitcoin Poised to Overtake Gold as Global Store of Value by 2025, Bernstein Projects
Investment firm Bernstein forecasts Bitcoin's rise to $200,000 by late 2025, predicting it will replace gold as the world's premier store of value. Driven by unprecedented institutional adoption through spot ETFs and growing corporate treasury holdings, Bitcoin's finite supply and regulatory acceptance position it for dominance.
Bitcoin Shatters $100K Record as Trump's SEC Nominee Sparks Crypto Surge
Bitcoin achieves unprecedented milestone, surpassing $100,000 amid Trump's election victory and pro-crypto regulatory appointments. The nomination of crypto-friendly Paul Atkins as SEC chair and potential national bitcoin reserve plans fuel market optimism.
Bitcoin's Path to $500K: Bitwise CIO Sees Major Growth Ahead Despite Record Highs
Bitwise CIO Matthew Hougan predicts Bitcoin could reach $500,000 by capturing half of the $20 trillion store-of-value market currently dominated by gold. This ambitious target hinges on increased institutional adoption and central bank participation, with potential for even higher valuations.
U.S. Government's Bold Move: The Race to Acquire One Million Bitcoins
A groundbreaking legislation aims to establish a strategic bitcoin reserve under U.S. Treasury control, with plans to purchase 200,000 bitcoins annually over five years. Recent political shifts and bipartisan support have improved the prospects of the BITCOIN Act, which could reshape national financial reserves.