The U.S. government could rapidly build a strategic bitcoin reserve under the Trump administration through five key methods: seizing assets, accepting tax payments, purchasing directly, selling federal assets for BTC, and borrowing bitcoin via loans or bonds. 5 Key Methods the U.S. Government Could Leverage to Fast-Track a Federal Bitcoin Stockpile The U.S. government may…
Paul Soliman, the chief executive officer of BayaniChain, explained how the recent hack of cryptocurrency platform Bybit is a classic example of a social engineering scheme. How Did the Bybit Hack Happen? The Bybit hack, one of the largest in crypto history, resulted in the theft of $1.46 billion. Arkham Intelligence revealed that hackers from…
Bitwise’s executives have criticized the U.S. crypto reserve’s inclusion of ETH, XRP, SOL, and ADA, arguing bitcoin alone is a true reserve asset. Bitwise Reacts to Trump’s Crypto Reserve—Did Altcoins Just Weaken the Plan? Many leaders in the cryptocurrency industry, including executives at asset management firm Bitwise, have voiced their opinions on the U.S. crypto…
During the announcement that the Philippines has finally exited the Financial Action Task Force’s (FATF) grey list, the Securities and Exchange Commission (SEC) expressed its plans to stay off the list. Being on the grey list means a country is placed under increased monitoring while addressing strategic deficiencies in its regimes to counter money laundering,…
A new level of conflict has been seen between El Salvador & IMF body over the country’s Bitcoin investment plan. The country’s president directly says El Salvador will never stop buying Bitcoin. Summary El Salvador is getting new pressure from the IMF body to stop Bitcoin adoption. El Salvador’s president openly announced he will not…
The SEC’s new Crypto Task Force is launching roundtables to reshape crypto regulation, starting March 21, as enforcement cases drop and pro-innovation policies take hold. SEC’s Crypto Roundtables Signal Major Policy Shift The U.S. Securities and Exchange Commission (SEC) has announced a series of roundtables to explore key aspects of crypto asset regulation, with the…
As of 4:35 p.m. ET on March 4, 2025, bitcoin commanded a valuation of $88,165, boasting a market capitalization of $1.72 trillion and a 24-hour trading volume of $69.81 billion. The digital asset oscillated between an intraday trough of $81,463 and a peak of $88,825, reflecting a market teetering between hesitation and ambition. Bitcoin Bitcoin‘s…
We have all been there, listening to our friends and family complain that “everything is more expensive” without a clue about what is happening. They argue that some event here or there is causing it; they say, “It’s the president’s fault” or “The earth is burning, and all food is more expensive to grow,” as…
President Donald Trump in what some have dubbed “The Trump Effect,” caused a 7.28% slump in crypto markets on Tuesday after confirming that the U.S. will slap a 25% tariff on nearly all Canadian and Mexican imports. Bitcoin Dips Below $82K Following Trump’s Tariff Announcement Bitcoin slid buy more than 8% on Tuesday as Trump…
In early March, the US saw a massive and sudden drop in bitcoin ATMs with over 1,200 machines going offline. This came just days after Illinois Senator Dick Durbin introduced a new bill to prevent fraud in the bitcoin ATM industry. The proposed “Crypto ATM Fraud Prevention Act” has operators and regulators worried about the…
