Bitcoin has reclaimed the $66,000 level and is now attempting to consolidate above it in order to extend its recovery. The move has improved short-term momentum, but structural signals suggest that upside conviction remains fragile. Holding above $66K is technically important, yet the broader supply backdrop may limit the sustainability of further gains. According to…
Tag: bitcoin reserve
Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge
Senator Cynthia Lummis, who leads the Senate Subcommittee on Digital Assets, says the US military backs a plan to create a Strategic Bitcoin Reserve. Jamie Dimon, the CEO of a major bank, recently called that plan a waste. Lummis pushed back. Lummis told Bloomberg the military thinks having Bitcoin on hand matters. She said it could…
Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy
A Taiwanese politician urged the government Friday to include Bitcoin in its reserve composition. He made the appeal during the National Conference and amplified the message on X. His purpose is straightforward: incorporate Bitcoin along with gold and foreign currency to assist in protection against shock drops. Push For Bitcoin In Reserves In the opinion…
Bitcoin Is Enough—Coinbase CEO Rejects Altcoins For US Reserves
Brian Armstrong, CEO of Coinbase, feels that in building its crypto strategic reserve, the United States should concentrate on Bitcoin. Compared to gold, he says it is the best option. Moreover, he thinks it would simplify things and reduce the risks involved with possessing different kinds of cryptocurrency. Bitcoin As The Strongest Choice Armstrong said…
Bitcoin Price Could Crash Further To $70,000 If This Happens
The Bitcoin price has experienced such severe downward pressure and volatility that many are starting toUS election rally. Popular crypto analyst and Co-founder of BitMEX Arthur Hayes has shared a bearish prediction for the Bitcoin price. Hayes projects a further breakdown in Bitcoin’s value, suggesting an imminent drop between $70,000 and $75,000. Bitcoin Price Crash…
OpenAI Announces Deep & Utah Prepares Bitcoin Bill – These AI Meme Coins to Soar 100x
In just 45 days, Utah could become the first US state to roll out a Bitcoin reserve, signaling bullish times for the crypto universe in general. Paired with OpenAI’s ‘Deep’ announcement, AI meme coins could also be set to skyrocket. According to Satoshi Action Fund CEO Dennis Porter, ‘no other state has a faster calendar,…
Ripple CEO wilt meer dan alleen BTC in crypto reserves – wat betekent dit voor toekomst crypto?
Ripple CEO Brad Garlinghouse wil meer dan alleen Bitcoin in crypto reserves en pleit voor een multichain aanpak. Volgens hem zou een nationale digitale asset reserve niet beperkt moeten blijven tot BTC, maar ook altcoins zoals XRP en Ethereum moeten omvatten. Dit zou de hele cryptosector ten goede komen en samenwerking stimuleren in plaats van…
Bitcoin As A Strategic Asset? CryptoQuant CEO Questions US’s Next Move
Since President-elect Donald Trump raised the possibility of establishing a US Bitcoin Strategic Reserve, many advocates have pushed for the creation of the crypto stockpile, saying that it would make the country as the leader in the global cryptocurrency landscape. However, not everyone in the crypto community is convinced of the feasibility of the crypto…
Bitcoin On Track For $275,000? Analyst Cites Cup And Handle Formation
Bitcoin (BTC) fell to $94,500 yesterday after Microsoft shareholders decisively rejected a Bitcoin treasury proposal to allocate 1% of the company’s total assets to buy BTC as an inflation hedge. However, analysts are still confident of further appreciation of the BTC price. Bitcoin May Surge As High As $275,000 According to data from Coinglass, over…
Bitcoin As National Reserve Asset: Key Insights From Forbes On Central Banks Interest
A recent report published by the Bitcoin Policy Institute (BPI) and highlighted by Forbes explores the growing discussion around Bitcoin as a viable reserve asset for central banks. Authored by Dr. Matthew Ferranti, a Harvard-trained economist and former member of the White House Council of Economic Advisers, presents several compelling arguments for why central banks…