Brian Armstrong, CEO of Coinbase, has publicly endorsed a proposal for global leaders to establish Bitcoin strategic reserves.
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Category: Cryptocurrencies
New TRUMP Meme Coin Could hit $100 Billion Market Cap By Inauguration Day, But is It For Real?
A coin named Official Trump ($TRUMP) launched on Solana at 2am UTC today and has rocketed to a fully diluted market capitalization of $18 billion, although 80% of supply is locked, so is it a scam?
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SEC Charges DCG and Genesis, Fines $38M for Misleading Investors
Digital Currency Group (DCG) and Genesis face $38M SEC fines for misleading investors during 3AC’s collapse. The SEC accuses former Genesis CEO of approving false statements and signing deceptive promissory notes, intensifying scrutiny on both firms amid ongoing financial struggles.
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Boerse Stuttgart Becomes First German Crypto Provider to Receive MiCA License
This success follows a year of explosive growth for the exchange, with crypto trading volumes tripling and contributing 25% to overall revenue.
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MicroStrategy Proposes Massive Increase in Authorized Shares to 10.33 Billion
MicroStrategy has proposed amendments to its charter to increase authorized common shares to 10.33 billion and preferred stock to over 1 billion, seeking to expand its capital structure.
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Wyoming and Massachusetts Propose Strategic Bitcoin Reserve Legislation
Wyoming and Massachusetts propose strategic Bitcoin reserve bills, blending fiscal stability with innovation. The initiatives aim to utilize Bitcoin’s potential for mitigating inflation risks while bolstering financial security, setting a precedent for other states exploring digital assets in public finance.
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South Korean Woman ‘Stole Friend’s $481k Crypto Stash’ to Pay Off Debt
A South Korean woman has been arrested on suspicion of stealing a “friend’s” $481,000 crypto holdings to pay off her debts.
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Trump Set to Issue Pro-Crypto Executive Orders, Including National Bitcoin Stockpile: Report
The executive order would elevate cryptos as a national imperative and consider the creation of a federal stockpile of Bitcoin.
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Litecoin Positioned to Become Third US Spot Crypto ETF: Report
If the US SEC approves a spot Litecoin ETF, the move signals a potential expansion of the crypto ETF landscape beyond Bitcoin and Ethereum.
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Trump’s Treasury Pick Scott Bessent Rejects Need for a US Digital Dollar
Scott Bessent, Trump’s Treasury nominee, has said that the Treasury should stop exploring the creation of a central bank digital currency.
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