A Bitcoin reserve? Yes, please! That’s what over 2,200 people are telling US senators. In just 48 hours, they sent letters urging senators to support the proposed Bitcoin Strategic Reserve bill. What’s the deal? This bill, proposed by Senator Cynthia Lummis, would have the US government buy one million Bitcoins, about 5% of the total…
Ethereum’s price has been on a downward slide for a while now, and things haven’t gotten any better since the launch of spot ETH ETFs in the US. Big Money Leaving the Grayscale Ethereum Trust One of the biggest reasons for the slump could be the massive amount of money flowing out of the Grayscale…
A crypto analyst, CrediBULL Crypto, shared his thoughts on the future of Pepe (PEPE), Ethereum (ETH), and XRP. Let’s dive into his predictions. Pepe’s Potential CrediBULL Crypto believes Pepe could be on the verge of a rally. Despite the overall crypto market downturn, Pepe has held its ground. He thinks it could surge to take…
The Islamic State (IS) is now pushing for cryptocurrency use to fund its operations, but with a catch: they want it to be Sharia-compliant. A Shift in Strategy This is a surprising change because Sharia law, the Islamic religious law, has traditionally been against cryptocurrency. The UN’s latest report reveals that IS associates are demanding…
The US government is seriously considering minting a trillion-dollar platinum coin as a way to avoid a debt default. This crazy idea, which has been floating around for years, could give the US government a huge cash injection without having to borrow more money. Government Documents Reveal Secret Discussions Newly released government documents confirm that…
Coinbase, one of the biggest crypto exchanges in the US, is adding support for a new blockchain token called Gravity (G). This token was previously known as Galxe (GAL) and recently underwent a rebranding. What is Gravity? Gravity is a blockchain platform that focuses on making it easier to move assets between different blockchains. They…
Donald Trump is back with another bold idea: using crypto to wipe out the US national debt. During a recent interview, the former president suggested that he could give Americans a “little Bitcoin” to pay off the whopping $35 trillion debt. Trump’s Crypto Vision Trump didn’t offer any specifics on how he’d pull off this…
Japan is trying to save its currency, the yen, by selling off billions of dollars worth of US government bonds. Dumping US Treasuries In May, Japan unloaded a whopping $22 billion in US Treasury securities. This follows a similar move in April, where they sold off $37.5 billion. These sales have significantly reduced Japan’s holdings…
The price of Bitcoin is always moving, making it tough to know when to buy. But a crypto analyst has some tips on what to watch for. Key Levels to Watch One analyst, known as “Stockmoney Lizards,” has identified some key levels that could signal good buying opportunities. Resistance Levels: Bitcoin has struggled to break…
The crypto market has been on a rollercoaster lately, and Shiba Inu (SHIB) hasn’t been spared. The price of SHIB has taken a tumble, leaving many holders wondering if they’re in the red. More SHIB Holders in Losses Than Profits According to data from IntoTheBlock, a larger percentage of SHIB holders are now in losses…
