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Brian Armstrong Advocates Bitcoin-Only US Crypto Reserve Following Trump Announcement

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Brian Armstrong Advocates Bitcoin-Only US Crypto Reserve Following Trump Announcement

Coinbase CEO Brian Armstrong has expressed a preference for Bitcoin as the primary asset in President Donald Trump's proposed crypto strategic reserve. Following Trump's Sunday announcement, Armstrong suggested on social media platform X that "Just Bitcoin would probably be the best option — simplest, and clear

By Albert Morgan Mar 3, 2025
Trump Orders Development of Crypto Strategic Reserve Including Bitcoin

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Trump Orders Development of Crypto Strategic Reserve Including Bitcoin

President Donald Trump has instructed his Presidential Working Group on Crypto to proceed with establishing a Crypto Strategic Reserve that would include Solana (SOL), XRP, and Cardano (ADA), according to a Sunday morning post on Truth Social. The working group is led by executive director Bo Hines. "A U.

By Albert Morgan Mar 2, 2025
Swiss Central Bank's Bold "No-Bitcoin" Strategy Puts Safety First And Innovation Never

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Swiss Central Bank's Bold "No-Bitcoin" Strategy Puts Safety First And Innovation Never

You asked for more news that makes you laugh, and modern European politicians are busy drafting statements and resolutions that will never leave you hungry for amusement. In another display of financial wisdom that rivals deciding not to buy Apple stock in the 1980s, Swiss National Bank (SNB) Chairman Martin

By John Williams Mar 2, 2025
Bitcoin Circular Economy Takes Root in Africa's Largest Informal Settlement

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Bitcoin Circular Economy Takes Root in Africa's Largest Informal Settlement

In Kibera, Africa's largest informal settlement located 6.5 kilometers from Nairobi's city center, a Bitcoin-based economic system called Afribit has been developing over the past five years. Home to more than 500,000 residents, this community has embraced digital currency as a solution to financial

By Albert Morgan Mar 1, 2025
Bitdeer Purchases Additional Bitcoin Despite Market Downturn

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Bitdeer Purchases Additional Bitcoin Despite Market Downturn

Bitdeer Technologies has acquired 50 bitcoin during a period of market volatility, adding to its growing cryptocurrency holdings. The company made the purchase at an average price of $81,475 per bitcoin, according to a recent announcement on social media. The acquisition comes at a time when bitcoin is experiencing

By Albert Morgan Mar 1, 2025
Why You Should Never Use Brain Wallets

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Why You Should Never Use Brain Wallets

Brain wallets are a security nightmare that can cause immediate loss of funds. They use human-generated passphrases to create Bitcoin private keys, but are fundamentally flawed because humans cannot generate true randomness. Automated bots continuously scan the blockchain for transactions to predictable brain wallet addresses, allowing attackers to steal funds

By John Williams Mar 1, 2025
Deutsche Telekom Joins Injective Blockchain as Network Validator

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Deutsche Telekom Joins Injective Blockchain as Network Validator

Deutsche Telekom, the parent company of T-Mobile, has become a validator for Injective, a high-speed interoperable Layer 1 blockchain focused on decentralized finance (DeFi), according to an announcement made Thursday. This addition represents Deutsche Telekom's continued expansion into the cryptocurrency space, according to a report from Block. As

By Albert Morgan Feb 27, 2025
Oklahoma Lawmakers Push Bitcoin Investment Bill Forward as BTC Falls Below $90,000

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Oklahoma Lawmakers Push Bitcoin Investment Bill Forward as BTC Falls Below $90,000

The Oklahoma State House Committee has voted to advance a bill that would allow the state treasury to invest 10% of public funds in Bitcoin and other large-cap digital assets. House Bill 1203, also known as the Strategic Bitcoin Reserve bill, passed with a 12-2 majority vote and will now

By Albert Morgan Feb 26, 2025
Ark Invest Buys $8.7 Million in Coinbase Shares While Selling Similar Amount of Bitcoin ETF

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Ark Invest Buys $8.7 Million in Coinbase Shares While Selling Similar Amount of Bitcoin ETF

Ark Invest purchased 41,032 Coinbase shares worth $8.7 million for its Next Generation Internet exchange-traded fund on Tuesday. Simultaneously, the investment firm sold $8.6 million worth of its own spot Bitcoin ETF during a broad cryptocurrency market decline, according to a report from Block. This marks Ark&

By Albert Morgan Feb 26, 2025
Michael Saylor Transforms Strategy into Major Bitcoin Holder with Nearly 500,000 Coins

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Michael Saylor Transforms Strategy into Major Bitcoin Holder with Nearly 500,000 Coins

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has transformed his company from a modest software business into one of the largest corporate holders of Bitcoin. As of recent reporting, Strategy holds 499,096 Bitcoins valued at approximately $46.6 billion, though this figure can fluctuate substantially due to market

By Albert Morgan Feb 25, 2025
Metaplanet Continues Bitcoin Accumulation Strategy with $12.9 Million Investment

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Metaplanet Continues Bitcoin Accumulation Strategy with $12.9 Million Investment

Tokyo-listed investment firm Metaplanet has purchased an additional 135 Bitcoin worth $12.9 million, the company announced on Tuesday. This latest acquisition was made at an average price of 14.3 million yen ($95,951) per Bitcoin, totaling 1.9 billion yen, according to a report from Block. With this

By Albert Morgan Feb 25, 2025
Hong Kong Investment Firm Increases Bitcoin Holdings After Initial Purchase Doubled Stock Value

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Hong Kong Investment Firm Increases Bitcoin Holdings After Initial Purchase Doubled Stock Value

Hong Kong-based investment firm HK Asia Holdings Limited has expanded its cryptocurrency portfolio to approximately 8.88 Bitcoin, according to a February 23 announcement. The company disclosed that its board approved further investment in Bitcoin following positive market response to its initial purchase, according to a report from Cointelegraph. On

By Albert Morgan Feb 24, 2025
El Salvador's Bitcoin Strategy Shifts After Securing 1.4 Billion IMF Loan

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El Salvador's Bitcoin Strategy Shifts After Securing 1.4 Billion IMF Loan

El Salvador has stopped its daily Bitcoin purchasing strategy, with the last transaction recorded on February 17, according to data from Arkham Intelligence. The pause follows the country's recent $1.4 billion loan agreement with the International Monetary Fund (IMF), according to a report from Cryptobriefing. The Central

By Albert Morgan Feb 23, 2025
Utah Moves Forward with Plan to Add Bitcoin to State Treasury

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Utah Moves Forward with Plan to Add Bitcoin to State Treasury

Utah's legislative bodies are moving closer to allowing Bitcoin investments as part of the state's reserve strategy. House Bill 230, known as the "Blockchain and Digital Innovation Amendments," passed the Senate Revenue and Taxation Committee on February 20 with a 4-2-1 vote. The bill

By Albert Morgan Feb 22, 2025
New BITCOIN Act Proposes 1 Million BTC Purchase Over 5 Years

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New BITCOIN Act Proposes 1 Million BTC Purchase Over 5 Years

The U.S. Congress is considering new legislation called the BITCOIN Act that would direct the Treasury Department to create a Strategic Bitcoin Reserve by purchasing up to 1 million Bitcoin over a five-year period. According to the proposal, the government would need to hold these Bitcoin reserves for a

By Albert Morgan Feb 22, 2025
Fort Knox Audit Plans Signal Growing Interest in Digital Asset Storage

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Fort Knox Audit Plans Signal Growing Interest in Digital Asset Storage

A potential audit of Fort Knox's gold reserves, proposed by former President Donald Trump, could lead investors to shift their focus toward bitcoin and other digital assets, according to market analysts. The U.S. gold reserves have not undergone a complete independent audit since the 1950s, making this

By Albert Morgan Feb 21, 2025
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