In a surprising turn of events, the Republican representative for Wyoming proposed the creation of a strategic Bitcoin reserve during the Bitcoin 2024 Conference. This proposal aims to diversify the country’s assets into Bitcoin and establish a secure financial future. The idea behind this reserve is to strengthen the dollar’s position as the global reserve
Wong Ching-kit, also known as the “Coin Young Master,” has recently gained attention from the International Criminal Police Organization (Interpol) due to his suspected involvement in multiple criminal cases, including a cryptocurrency scam worth over HK$3 million. This 30-year-old Hong Kong native has a troubled past, having been previously convicted of theft and disorderly conduct
Meme coins have been causing quite a stir in the cryptocurrency market, with traders seeing massive gains in a short amount of time. One such example is Pepe (PEPE), which has seen its valuation skyrocket by almost 800% in the past year. A trader who bought 170.2 billion PEPE coins back in October of last
In the midst of the crypto bull run of 2021, non-fungible tokens (NFTs) and the cryptocurrencies associated with them took center stage. This trend brought about a surge of interest and investment in the space, leading to the creation of numerous NFT-related coins. Despite the waning enthusiasm, the total market capitalization of NFT-related cryptocurrencies still
Semilore Faleti is a prominent figure in the field of cryptocurrency journalism and content creation. He initially began his writing career covering a wide range of topics, but eventually found his passion in delving into the complexities of blockchains and digital assets. Faleti is particularly fascinated by the efficiency of cryptocurrencies in terms of storing
As the upcoming US presidential elections draw near, the candidates in the spotlight include Donald Trump, Kamala Harris, Robert Kennedy, and others. Recent polls indicate that Trump and Harris are the front-runners, with Kennedy lagging behind with less than 10% of the voters’ support. The political tension is on the rise as Americans prepare to
The recent weeks have seen a resurgence in the price of Bitcoin, bringing it back to familiar heights for investors. Despite a relatively quiet week in the cryptocurrency market, on-chain insights suggest that significant activity may be on the horizon. Crypto pundit Ali Martinez pointed out in a recent post that Bitcoin miner capitulation seems
Ferrari, the iconic Italian luxury sports car manufacturer, has recently announced plans to expand its cryptocurrency payment system. This expansion is set to take place in its network of European dealers starting from the end of July. Furthermore, Ferrari aims to extend its crypto transaction options to additional countries in its global dealership network by
Senator Cynthia Lummis made a groundbreaking announcement at the Bitcoin2024 conference regarding the introduction of new legislation that proposes the establishment of a Bitcoin strategic reserve for the US. This reserve would total at least 1 million BTC, which is equivalent to 5% of the total supply of Bitcoin. The implications of this bold move
The Cardano ecosystem is currently experiencing a surge in activity, particularly from large ADA holders, also known as whales. Recent data shows that there has been a significant increase in transaction volumes among these whales, with a peak of 17 billion ADA tokens being moved. This movement was primarily driven by transactions exceeding $100,000 in
