At the Nashville Bitcoin 2024 conference, Senator Cynthia Lummis (R-Wyo.) unveiled a "revolutionary proposal" for the U.S. government to start investing in Bitcoin. Her idea is to add Bitcoin to the nation's strategic reserve assets as a tool to...
The U.S. government, already one of the largest Bitcoin holders globally with over 200,000 coins, may soon significantly increase its holdings. A new bill introduced by Senator Cynthia Lummis (R-Wyo.) proposes creating a strategic Bitcoin reserve to reinforce the...
ETF issuer Defiance has launched MSTX, the first single-stock long-leveraged ETF for MicroStrategy, according to a press release issued on Thursday, August 15. This innovative financial product aims to provide 175% long daily targeted exposure to the investment firm,...
The United Kingdom neobank Xapo Bank recently added a new financial product to its lineup: Interest-Bearing Bitcoin Accounts (IBBAs). These accounts offer up to 1% annual interest rate on Bitcoin holdings without requiring users to stake, lend, or lock...
Market analyst Markus Thielen of 10x Research has highlighted a significant uptick in stablecoin issuance that could signal the next major Bitcoin rally. In the latest report published by the investment research firm, Thielen pointed out that the two...
Ethereum co-founder Vitalik Buterin recently outlined his vision for achieving seamless cross-chain interoperability among Ethereum Layer 2 networks. In a series of posts on X on August 5, Buterin expressed confidence that current interoperability challenges in the Layer 2...
The University of Wyoming is set to launch an institute dedicated to research and producing high-quality peer-reviewed studies on Bitcoin. Associate Professor Bradley Rettler, who will serve as the institute's director, announced the initiative on July 28 via social...
Ethereum is gearing up to launch its first-ever hackathon, dubbed "Attackathon," with a $2 million reward pool. The Ethereum Protocol Security (EPS) research team announced this event in a statement published on July 8, 2024. According to the team,...
Recent data from blockchain analytics firm Arkham Intelligence reveals that a cryptocurrency wallet associated with the German government still holds approximately 38,488 Bitcoin (BTC), valued at about $2.19 billion. This substantial holding comes despite the German government's recent sales...
Japanese investment firm MetaPlanet has significantly increased its Bitcoin (BTC) holdings, purchasing 42.47 BTC for over 400 million yen (approximately $2.8 million USD), according to a press release issued on Monday, July 8, 2024. This acquisition brings the firm's...
