Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions. Strategic Bitcoin Reserve: Michael Saylor’s Vision for America’s Digital Future Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR) and a leading bitcoin advocate, has highlighted the potential of a […]
A U.S. senator has proposed selling gold reserves to create a strategic bitcoin reserve, a revolutionary move to bolster the dollar and tackle U.S. national debt. Selling Gold for Bitcoin: US Senator’s Game-Changing Proposal U.S. Senator Cynthia Lummis (R-WY) shared insights during a Thursday interview with CNBC as bitcoin reached a historic peak. She attributed […]
Bitcoin reached a near-historic high on Bitstamp tonight, peaking at $ 89,643, as the leading cryptocurrency continues a remarkable rally that has reignited global market interest. Bitcoin Smashes $ 89,600 Mark The price of bitcoin (BTC) has surged over 12% against the U.S. dollar in the past 24 hours, reaching a unit price …
After Donald Trump secured his victory in the 2024 U.S. presidential race, Cynthia Lummis, the Republican senator from Wyoming, jumped on social media with a bold declaration: “We are going to build a strategic bitcoin reserve.” ‘Every Nation Needs a Bitcoin Reserve’ Wyoming’s Republican senator and vocal bitcoin advocate, Cynthia Lummis, couldn’t hide her excitement […]
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil declares the necessity of creating a BRICS-centric financial system, President Javier Milei axes the tax collection agency in Argentina, and crypto volumes spike in Brazil. Brazil Calls for Unified BRICS Financial System, […]
Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need to bypass barriers that stifle the market. The summit also backed a BRICS Grain Exchange to ensure stable agricultural trade, highlighting efforts to boost cooperation […]
Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by Russia. The summit will address cooperation in politics, security, and economics. A central focus will be the expansion of BRICS, potentially introducing a new “partner states” category, reflecting the group’s growing global influence. Key discussions […]
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil pushes BRICS to use national currencies instead of the dollar, bitcoin adoption reaches critical levels in El Salvador, and smart contracts achieve legal status in Argentina. Brazil Pushes BRICS to Shift From […]
Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in developing nations, with a focus on minimizing inflationary risks. By involving BRICS members and other developing countries, Putin sees this initiative as a critical step […]
Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum ahead of the BRICS summit in Kazan. Brazil aims to advance this initiative during its 2025 chairmanship, […]
Polymarket hit new milestones in September, with trading volume climbing to $ 533.51 million, exceeding August’s $ 472 million. The blockchain-based predictions platform also saw a rise in active users, reaching 90,037, up 26,421 from the prior month. Polymarket Booms Ahead of U.S. Election: $ 533M in Volume, 90K Users in September …
Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like bitcoin and allows state retirement systems to invest in them. Antani highlights Ohio’s historical role in cryptocurrency adoption. Ohio […]
Russia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand cross-border settlements and the use of national currencies in BRICS trade, as part of a strategy to reduce dependence on Western financial institutions. These efforts have gained attention during Russia’s BRICS presidency, […]
According to the latest stats, bitcoin (BTC) has taken a 2.5% dip against the U.S. dollar in the last 24 hours and is down 5.8% over the past week. The top cryptocurrency hit an intraday low of $ 55,602 per coin, and by Wednesday morning just before 11 a.m. EDT, it was just skimming …
Riot Platforms Inc., the largest shareholder of bitcoin mining firm Bitfarms Ltd. with a 19.9% stake, issued an open letter calling for significant changes to Bitfarms’ governance ahead of the Oct. 29 special meeting. Riot criticized recent board changes as insufficient, emphasizing the need for independent directors to enhance shareholder value. The letter highlights concerns […]