A US senator promises to reverse SEC Chair Gary Gensler's crypto policies, supporting a nominee advocating for innovation-friendly regulations. US Senator Pushes for Change in SEC Crypto Oversight U.S. Senator Tim Scott (R-S.C.) has vowed to address the effects of SEC Chair Gary Gensler's policies on cryptocurrency regulation. On January 7, Scott announced his support…
The US could accumulate 400,000 bitcoins in 2025, triggering a historic bull run. Explore the Bitcoin Act’s impact on global markets and economic strategy. Strategic Reserve Plan Aims to Reshape Global Bitcoin Markets The US could accumulate up to 400,000 bitcoins in 2025, a move Devere Group CEO Nigel Green predicts will spark a massive…
In a groundbreaking move, several U.S. states are actively considering the establishment of strategic Bitcoin reserves, aligning with President-elect Donald Trump's federal initiative to create a national Bitcoin stockpile. This development marks a significant shift in the adoption of cryptocurrency within governmental financial strategies. Pennsylvania's Legislative Proposal On November 12, Pennsylvania State Representative Mike…
Ohio Bitcoin Reserve Act proposed by Derek Merrin allows the state treasury to invest in Bitcoin, hedging against inflation and U.S. dollar volatility. The Bitcoin Reserve Act Ohio State Representative Derek Merrin filed House Bill 703 on December 17, introducing the Ohio Bitcoin Reserve Act to authorize state investments in Bitcoin, aiming to preserve public…
So far, no expert can with certainty explain the reason for the recent bullish market. This hasn’t stopped many from trying, with Bitcoin ETFs speculations and institutional investment being the most popular. So, can anyone come up with a better explanation as to why Bitcoin has been bullish for the past week and importantly, why…