Hong Kong legislator eyes Bitcoin for fiscal reserves By engaging with stakeholders and focusing on compliance, Wu aims to position Hong Kong as a leader in the adoption of Bitcoin and Web3 technologies. Hong Kong SAR Legislative Council Member Wu Jiezhuang has announced plans to collaborate with various stakeholders to assess the feasibility and potential […]
Category Archives: Crypto News
Bitcoin hits 16-month high ‘positive sentiment’ as price sits near $68K According to Santiment data, the term “Bitcoin” is being used more positively on social media now than at any time in the past 16 months. News Bitcoin’s recent price rebound has shifted traders’ sentiment to levels not seen in 16 months, according to data […]
Top Stories This Week BlackRock Bitcoin ETF records biggest inflow day since March at $523M: BlackRock’s spot Bitcoin ETF notched its biggest day of inflows in over four months, with over $523 million entering the fund on July 23. The iShares Bitcoin Trust ETF (IBIT) scooped up 7,759 Bitcoin on July 22 — worth just […]
Senator Lummis proposes US government purchase 5% of total Bitcoin supply The pro-crypto Senator introduced the Bitcoin Reserve Bill while declaring “this is the solution, this is the answer, this is our Louisiana purchase moment, thank you Bitcoin!” United States Senator Cynthia Lummis has introduced a bill proposing that the US government buy 5% of […]
Bitcoin Reacts to Trump’s Pro-Crypto Conference Speech The speech delivered by the 45th president of the United States at Bitcoin 2024 had a noticeable impact on the cryptocurrency market, causing some minor ripples. Donald Trump outlined his plans to end the war on crypto at the conference in Nashville, Tennessee. Despite thunderous applause from the […]
Bitcoin Beach Co-founder Discusses Potential Migration of Bitcoiners to El Salvador The Bitcoin-friendly region of El Salvador has become a hotspot for crypto enthusiasts, but some are considering a more permanent move to the country. Roman Martinez, a co-founder of Bitcoin Beach in El Salvador, revealed that many Bitcoiners are exploring the idea of relocating […]
Lawyer Reveals 82% of Net Worth is in Bitcoin Attorney John Deaton will compete against two Republican candidates in a Massachusetts primary on Sept. 3. John Deaton, a lawyer running for a United States Senate seat in Massachusetts, shared that 82% of his net worth is in Bitcoin. At the Bitcoin 2024 conference in Nashville […]
Bitcoin Advocate Samson Mow’s Proposals for Trump’s Nashville Speech Samson Mow, CEO of JAN3 and a prominent advocate for Bitcoin, has outlined six transformative ideas for former President Donald Trump’s consideration before his speech at the Nashville Bitcoin Conference on Jan 27. Mow’s proposals posted on the X social platform aim to integrate Bitcoin into […]
Bitcoin Price Forecast: Bullish Wedge Pattern Indicates Potential $85K Target Bitcoin’s chart is showing a bullish wedge formation, suggesting a possible 25% price increase in the near future. Bitcoin has formed a massive descending broadening wedge near its 2021 all-time highs. This pattern typically indicates a reversal with lower highs and lows before an upward […]
RFK Jr. Proposes BTC Reserve and Dollar Backed by Hard Assets Robert F. Kennedy Jr., an independent presidential candidate, delivered a speech at the Bitcoin2024 event on July 26, highlighting the potential of Bitcoin to improve the US economy and society. He outlined plans to implement significant changes through executive orders on his first day […]