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Massachusetts Introduces Strategic Bitcoin Reserve Bill, First Among ‘Deep Blue States’
Republican Senator Peter Durant of Worcester County, Massachusetts, has introduced legislation aimed at establishing a “Bitcoin strategic reserve.” This initiative marks a significant step for cryptocurrency in a traditionally Democratic stronghold, as it makes Massachusetts the first “d...
Bitcoinist
Fri, Jan 17
BTC koers herpakt $100k niveau, bekende crypto’s pumpen na lek Trump crypto reserves
Bitcoin (BTC) heeft het $100.000 niveau herpakt, aangedreven door de lekken over Trump’s plannen voor een nationale Bitcoin-reserve. Dit nieuws heeft de crypto-markt nieuw bullish momentum gegeven, terwijl ook andere bekende crypto’s grote prijsbewegingen vertonen. De aankomende inauguratie va...
Bitcoinist
Fri, Jan 17
Elon Musk’s SpaceX holds 8,285 Bitcoin, valued at about $851M
American aerospace company SpaceX, led by Elon Musk, holds 8,285 Bitcoin valued at approximately $851 million, according to data from Arkham Intelligence. The firm has reportedly earned $700 million in profits from its Bitcoin investments since 2022. On Friday, blockchain data analytics firm Arkham confirmed that SpaceX’s BTC holdings had grown in value by $695.24 […]
Cryptopolitan
Fri, Jan 17
BRIEF-Coinbase Endorses Strategic Bitcoin Reserve - Axios
Jan 17 (Reuters) - COINBASE ENDORSES STRATEGIC BITCOIN RESERVE - AXIOSSource text: https://tinyurl.com/29lkqsaaFurther company coverage: COIN.O ((Reuters.Briefs@thomsonreuters.com;;))
Reuters
Fri, Jan 17
Everyone’s Talking About Cardano, but This Emerging Crypto Is Quietly Making Waves
Cardano (ADA) has been a staple in the cryptocurrency world, renowned for its research-driven development and commitment to sustainability. However, while Cardano dominates headlines, Lightchain AI, an emerging blockchain project, is quietly gaining momentum. With its innovative solutions and a successful presale that has already raised $10.6 million, Lightchain AI is carving out its place […]
Cryptopolitan
Fri, Jan 17
Mara Holdings prints a Trump portrait on the blockchain as crypto miners enjoy strong start in 2025
Mara Holdings made a historic tribute to the incoming US President Donald Trump by imprinting a portrait of the president’s face onto the Bitcoin blockchain. The gesture is in an ‘irreversible and immutable’ showcase of its support for the incoming administration. Trump’s campaign overtly courted the crypto and tech industries. On different occasions, the incoming […]
Cryptopolitan
Fri, Jan 17
The U.S. strategic shitcoin reserve has gone too far – CryptoQuant CEO
Through a post on X, CryptoQuant CEO Ki Young Ju has said he dislikes the notion that the incoming US administration is considering other coins in its proposed Bitcoin strategic reserve holdings. He urges the US government to limit its digital asset reserve to only BTC. “I’m not Bitcoin maxi, but the U.S. strategic shitcoin […]
Cryptopolitan
Fri, Jan 17
XRP Surges Past $3.2 As Whale Activity Spikes 81%
XRP has enjoyed a rally beyond the $3.2 mark as on-chain data shows the cryptocurrency is among the altcoins witnessing the largest whale activity spikes. XRP Whale Transaction Count Has Exploded Recently In a new post on X, the on-chain analytics firm Santiment has shared the list of altcoins that ...
NewsBTC
Fri, Jan 17
Microsoft grapples with AI spending payoff as stock underperforms Magnificent Seven
Microsoft Corp. faces challenges in realizing the returns on its massive investment in artificial intelligence.
Cryptopolitan
Fri, Jan 17
Share of crypto trading activity during U.S. hours hit a record high of nearly 60%
Bitcoin (BTC) and Ethereum (ETH) trading volumes shifted to the US market, with a spike of activity correlating with the opening hours of US stock markets.
Cryptopolitan
Fri, Jan 17
Bitcoin rallies to $104,000 as crypto traders gear for Donald Trump’s inauguration, here’s what to expect
Bitcoin (BTC) rallied to a high of $104,254 on Friday as traders anticipate a Trump-led rally with the inauguration event on Monday.
Bitcoin
Fxstreet
Fri, Jan 17
China faces liquidity squeeze amid efforts to defend the yuan against strengthening dollar
The People’s Bank of China has increased its efforts to defend the yuan against the strengthening dollar. The efforts have resulted in a surge in funding rates that have spiked to the highest levels in the last twelve months.
Cryptopolitan
Fri, Jan 17
BRIEF-US SEC Says Digital Currency Group, Former CEO Of Genesis Global Capital Settle Charges For Misleading Investors
Jan 17 (Reuters) - U.S. SEC SAYS IT CHARGES DIGITAL CURRENCY GROUP AND SOICHIRO “MICHAEL” MORO, FORMER CEO OF GENESIS GLOBAL CAPITAL, FOR MISLEADING INVESTORS ABOUT GENESIS’S FINANCIAL CONDITIONU.S. SEC: DIGITAL CURRENCY GROUP , FORMER CEO OF ITS NOW-DEFUNCT SUBSIDIARY, GENESIS GLOBAL CAPITAL WILL ...
Reuters
Fri, Jan 17
FDIC Under Fire: Senator Alleges Destruction Of Operation Chokepoint 2.0 Records
There are new concerns regarding the transparency in the regulatory methods of the Federal Deposit Insurance Corporation, or FDIC, following allegations against it. Senator Cynthia Lummis of Wyoming thinks the agency sabotaged critical data related to “Operation Chokepoint 2.0,” which is...
Bitcoinist
Fri, Jan 17
Ethereum Pectra upgrade set for March 2025
Ethereum Foundation developers have set early to mid-March of 2025 for the mainnet fork of the Pectra upgrade, setting the stage for the next phase of Ethereum development. The developers agreed on this tentative date at the Execution Layer meeting held on January 16. This follows the disclosure that the Pectra Devnet 5, a specialized […]
Cryptopolitan
Fri, Jan 17
Billionaire Ambani’s Reliance Jio unveils JioCoin token on Polygon
Mukesh Ambani-led Reliance Jio, India’s dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio’s proprietary JioSphere browser, which allows users to earn the tokens while browsing. Earlier today, Cryptopolitan confirmed there was an update […]
Cryptopolitan
Fri, Jan 17
Dogecoin Bulls Eye $3 As Whales Scoop 200 Million DOGE In The Last 2 Days
The price of Dogecoin (DOGE) is now one of the main focuses for potential price increases. Whales are said to have accumulated 200 million units of DOGE in the past 48 hours, which further excited the community. Related Reading: Expert Sees Bitcoin Dipping To $50K While Bullish Momentum Persists A S...
NewsBTC
Fri, Jan 17
Bitcoin Breaks Out Of Cup-And-Handle Pattern, Eyes $276,000 Target
The market’s leading cryptocurrency, Bitcoin (BTC), has rejoined the crypto rally, gaining momentum on Friday amid reports that President-elect Donald Trump may issue an executive order prioritizing cryptocurrencies as soon as he takes office. As of the latest data from CoinGecko, Bitcoin surged nea...
NewsBTC
Fri, Jan 17
Keir Starmer says his friendship with Trump will boost US-UK trade
Prime Minister Keir Starmer claims his close relationship with President Donald Trump will secure a long-desired trade deal between the United States and the United Kingdom. Speaking to the Financial Times during a visit to Kyiv, Starmer dismissed Elon Musk’s vocal criticism of his leadership and emphasized that Trump’s presidency presented an opportunity, not a […]
Cryptopolitan
Fri, Jan 17
A look at Donald Trump’s tariff team
Trump’s victory was celebrated but not by nations like China. Reason being? His tariff history and current tariff promises. Tariffs are a tool that President Trump and his team are well-acquainted with. They have used it extensively in trade negotiations with China in 2018-2019, and they were successful. Safe to say tariffs will be used […]
Cryptopolitan
Fri, Jan 17
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