Race for Bitcoin Reserves: US Makes a Move
Several US states are proposing laws to create strategic reserves in Bitcoin, with the support of political leaders and industry companies.
Bitcoin is a decentralized cryptocurrency that operates on a peer-to-peer network, allowing secure and transparent transactions without the need for intermediaries such as banks. Created in 2008 by an anonymous person or group known as Satoshi Nakamoto.
45 PostsSeveral US states are proposing laws to create strategic reserves in Bitcoin, with the support of political leaders and industry companies.
Donald Trump enters the fintech sector with Truth.Fi, a platform that will invest up to $250 million in cryptocurrencies, DeFi and ETFs.
After a sharp sell-off at $100,000, the number of Bitcoins held by long-term investors started to grow. Similar changes were recorded by Glassnode.
The bitcoins discovered allegedly belonged to Ross Ulbricht, the site administrator freed by Trump, and were not confiscated by intelligence agencies.
In an announcement that surprised many, Intesa Sanpaolo, one of Italy's leading banks and among the giants of the European financial sector, announced a significant investment in Bitcoin.
Users of the forecasting service estimate the probability that the new US president will talk about cryptocurrency during his inauguration.
The founder of MicroStrategy tells the board that the first cryptocurrency could increase Microsoft's market cap by $4.9 trillion.
MicroStrategy bought another 55,500 Bitcoins for $5.4 billion
Bitcoin's price has recovered after falling below $96,000. The price of the premier cryptocurrency has recovered after falling below $96,000.
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