Texas is about to become home to the nation’s largest government-held stash of Bitcoin. A bill creating a state-run Bitcoin reserve is on the verge of becoming law. The Silent Countdown Senate Bill 21, the Texas Strategic Bitcoin Reserve and Investment Act, passed both the Texas House and Senate with strong support. It’s now up…
France has a surplus of electricity – about €80 million worth in 2024! This wasted energy is a huge missed opportunity, but a group of French lawmakers has a clever solution: Bitcoin mining. Bitcoin Mining: The Perfect Energy Sponge? Bitcoin mining farms can quickly start and stop their operations. This makes them ideal for absorbing…
JPMorgan Chase is changing its tune on emerging market currencies. After initially predicting trouble, they’re now recommending investors bet on them. A Shift in Strategy Earlier this year, JPMorgan Chase advised clients to bet against emerging market currencies. This was based on predictions that President Trump’s policies would hurt these markets. However, that prediction didn’t…
R0AR has just launched a new decentralized finance (DeFi) platform that combines token staking, liquidity provision, and NFT rewards all in one place. It’s designed to be easy to use and secure, rewarding users for long-term participation. Simplified Staking and Liquidity The R0AR platform lets users do three main things: Token Staking: Stake $1R0AR tokens…
Macro strategist Luke Gromen believes a surge in energy prices could dramatically boost Bitcoin’s value. He shared his insights on X, arguing that rising energy costs would create a perfect storm for both Bitcoin and gold. The Energy-Bitcoin Connection Gromen’s theory hinges on the relationship between energy prices, inflation, and the bond market. He explains…
Dollar’s Downward Spiral? Billionaire investor Jeffrey Gundlach, known as the “Bond King,” is predicting a significant drop in the value of the US dollar. He believes the dollar is on the verge of a major decline, potentially a 25% crash. Gundlach is closely watching the US Dollar Index (DXY), which measures the dollar’s value against…
Bitcoin’s price has been doing a rollercoaster lately, mainly because of the tense situation in the Middle East. Middle East Tensions and Bitcoin’s Dip After a nearly 5% drop due to the rising geopolitical tensions, Bitcoin bounced back above $105,000, trading around $106,800. While it briefly touched $108,000, a crypto analyst predicts a potential crash…
XRP’s price has been climbing, hitting $2.30, and its network activity is exploding! This is great news for XRP holders. A Surge in XRP Wallet Activity The number of active XRP wallets is way up. Santiment, a crypto data company, shows a huge jump in recent weeks. We’re talking a massive increase from a daily…
Coinbase, a big name in cryptocurrency, is trying to get permission from the US Securities and Exchange Commission (SEC) to let people buy and sell tokenized stocks on its platform. What are Tokenized Stocks? Basically, it’s like owning a piece of a company, but instead of a traditional stock certificate, you get a digital token…
Trump Media & Technology Group (TMTG) is trying to launch a new cryptocurrency exchange-traded fund (ETF). This ETF would invest in both Bitcoin (BTC) and Ethereum (ETH). A Crowded Market This is TMTG’s second ETF proposal in just two weeks, showing they’re serious about getting into the crypto game. However, they’ll face stiff competition from…
