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Texas Representative Proposes Strategic Bitcoin Reserve Act

[Dec 12 5:31 PM] On Thursday, Dec. 12, Texas Representative Giovanni Capriglione introduced a bill to establish a bitcoin reserve as a financial asset within the state treasury, marking a significant step toward incorporating cryptocurrency into public financial…

Bitcoin Educator Sounds Alarm on Centralization Risk

[Dec 12 6:30 AM] The concerns were in response to Michael Saylor’s suggestion that the U.S. should quadruple its planned strategic reserve and exert influence over the Bitcoin network. Saylor Calls for U.S. To Purchase up to 25% of Total Supply Bitcoin…

Bitcoin Price Reclaims $100K: Is the Bull Run Back On?

[Dec 12 2:41 AM] Bitcoin price remained supported above the $95,500 zone. BTC is up over 5% and is now trading above the $100,00 resistance zone. Bitcoin started a fresh increase above the $97,500 zone. The price is trading above $98,800 and the 100 hourly Simple…

Casa Launches Nation-State Bitcoin Self-Custody Solution

[Dec 11 8:30 PM] The service is designed to compete with larger third-party custodians such as Coinbase. New Self-Custody Solution for Nation-States Emerges Crypto self-custody firm Casa announced that it will now offer a self-custody solution called Praetorian to…

Why It’s Not Too Late to Invest in Bitcoin

[Dec 11 8:14 PM] For years, Bitcoin skeptics have watched from the sidelines, waiting for a moment to join the ride, only to convince themselves that they’ve already missed the boat. However, the reality tells a different story. Not only is it not too late, but…

Ray Dalio Prefers Bitcoin Over Bonds

[Dec 11 4:43 PM] Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates, said he prefers investing in "hard money" like bitcoin and gold over debt assets, given rising global indebtedness.In a speech at the Abu Dhabi Finance Week conference…

Tether’s USDT Hits New High—330 Million Wallets And Counting

[Dec 11 1:30 PM] As of the end of Q3 2024, Tether’s USDT stablecoin has hit a new record with 330 million on-chain wallets. This shows that USDT is the market leader in stablecoins and is accompanied by an astounding rise in acceptability, particularly among small…