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Arizona Moving To Convert Up to 10% Of Its Treasury To Bitcoin: Legislature Clears Bills Paving Way For Strategic Crypto Reserve
Tuesday, April 29, 2025 - 1:31am | 469The Arizona House of Representatives greenlit two bills on Monday that could establish a Bitcoin (CRYPTO: BTC) or other cryptocurrency reserves in the state. What Happened: Senate Bill 1025, called the Arizona Strategic Bitcoin Reserve Act, secured 31 votes in favor and 25 against. The legislation...
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Bitcoin Supply Squeeze Will Drive Run To New Highs: Bernstein
Monday, April 28, 2025 - 8:08am | 516Bernstein analysts say Bitcoin (CRYPTO: BTC) is poised for new highs, driven by accelerating corporate treasury accumulation, record ETF inflows and a sharp decline in exchange-held supply. The firm cites a tightening supply-demand dynamic, with institutions and corporates holding nearly 9% of...
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Peter Schiff Questions Trump's Bitcoin Ambition Amid Trade Deficit Concerns: 'Resources Are Just Wasted'
Sunday, April 27, 2025 - 12:34pm | 717Economist Peter Schiff says that President Donald Trump’s Bitcoin (CRYPTO: BTC)-centric policy contradicts his aim of correcting the U.S. trade imbalance with the world. What Happened: In an X post on Saturday, Schiff wrote, “Trump’s goals of solving the problems ...
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5 Catalysts That Could Drive Bitcoin Higher: Bernstein
Monday, April 21, 2025 - 11:23am | 518Bernstein analysts on Monday identified five structural forces that could drive Bitcoin's (CRYPTO: BTC) trajectory in the coming months, based on rising institutional demand, regulatory developments and new U.S. government initiatives. The findings, according to Bernstein, lay out key inflection...
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Binance Advising Nations On Strategic Bitcoin Reserves, Crypto Regulation: Report
Thursday, April 17, 2025 - 10:50am | 741Crypto exchange Binance is now actively assisting several countries in drafting crypto regulations and establishing national digital asset reserves, according to CEO Richard Teng. What Happened: The move comes amid shifting global sentiment following the United States' more favorable stance on...
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Bitcoin Is A Realistic Global Reserve Asset, Experts Say
Thursday, April 3, 2025 - 10:04am | 768A growing number of financial and crypto industry leaders are openly questioning the long-term future of the U.S. dollar as the world's reserve currency—while pointing to Bitcoin (CRYPTO: BTC) as an increasingly credible alternative in a rapidly shifting monetary landscape. What Happened: The...
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Trump Travel Ban Might Hit This Bitcoin-Friendly Country And No It's Not El Salvador
Wednesday, April 2, 2025 - 2:26am | 588The Donald Trump administration is considering putting stringent travel restrictions on several countries, with citizens from up to 11 countries facing a total ban on entering the U.S. What happened: The draft list of recommendations included Bhutan in the "red" list, according to a New York Times...
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Bitcoin Is 'Digital Risk,' Not 'Digital Gold,' Asserts Peter Schiff As Apex Crypto Gets Negatively Correlated With The Yellow Metal
Tuesday, April 1, 2025 - 6:25am | 742Influential economist Peter Schiff questioned Bitcoin’s (CRYPTO: BTC) repeated comparisons to gold on Monday, deeming the apex cryptocurrency “anti-gold” rather than “digital gold.” What Happened: In his YouTube podcast, Schiff stated that Bitcoin behaves nothing like...
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Trump Endorses Pro-Bitcoin Senator Cynthia Lummis For Re-Election, Says She Is Working To Make US The Crypto Capital
Thursday, March 27, 2025 - 12:42am | 576President Donald Trump endorsed Senator Cynthia Lummis (R-Wyo.) in her reelection bid on Wednesday, praising her efforts to position the U.S. as the global hub for cryptocurrency. What Happened: Trump took to his Truth Social account to express his support for Lummis, known for her strong...
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Bitcoin Is 'Fulfilling Its Destiny' As World Reserve Currency, Says Bitcoin Whale Trace Mayer
Wednesday, March 26, 2025 - 1:56pm | 524Veteran Bitcoin (CRYPTO: BTC) advocate Trace Mayer has raised doubts about the U.S. government's ability to amass a large portion of the global Bitcoin supply, warning that attempts to acquire 5 million BTC could dramatically impact the market. What Happened: In a conversation with Pete Rizzo at...
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Strategic Bitcoin Reserve Eliminates Last Threat, Says Bitwise's Matt Hougan
Wednesday, March 26, 2025 - 7:47am | 463Matt Hougan, Chief Investment Officer at Bitwise Asset Management, declared that the final existential threat to Bitcoin (CRYPTO: BTC) vanished with President Trump's recent executive order establishing a U.S. Strategic Bitcoin Reserve. What Happened: In a note released on Tuesday, Hougan argued...
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Bitcoin Arms Race: Peter Schiff Doubts Cynthia Lummis' Theory That China Wants To Take On US — 'Smart Enough To Have Sold'
Sunday, March 23, 2025 - 11:23pm | 704Renowned economist Peter Schiff expressed doubts on Saturday that China would engage in a Bitcoin (CRYPTO: BTC) buying competition with the U.S., a view previously espoused by Senator Cynthia Lummis (R-WY). What Happened: Schiff took to X, questioning the narrative of a...
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Swiss National Bank President Rejects Bitcoin Reserves Over 'Large Fluctuations In Value'
Friday, March 21, 2025 - 9:04am | 435Swiss National Bank (SNB) President Martin Schlegel firmly stated that the SNB has no plans to invest in crypto assets, citing their unsuitability for monetary policy due to value fluctuations, lack of liquidity and an inadequate legal framework. Addressing the media on Thursday, Schlegel addressed...
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Donald Trump Calls For Stablecoin Legislation, Lauds Bitcoin Reserve: 'Biden Got A Fraction Of Their Value'
Thursday, March 20, 2025 - 11:45am | 574U.S. President Donald Trump called on Congress to pass stablecoin legislation during his address at the Blockworks Digital Asset Summit in New York City, emphasizing the need for clear rules to foster innovation in the cryptocurrency sector. What Happened: Speaking to an audience of crypto...
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Peter Schiff Warns Americans Will Be Harmed Most When Bitcoin Bubble Pops, Says US Has Biggest Crypto Lobby
Thursday, March 13, 2025 - 2:05am | 648Economist and market commentator Peter Schiff warned on Wednesday that Americans would bear the brunt of the impact should the Bitcoin (CRYPTO: BTC) “bubble” burst. What Happened: During his podcast, Schiff disputed the notion that the U.S. establishing a Strategic Bitcoin Reserve would...