Pro-XRP attorney Bill Morgan has raised concerns about the long-term value of the newly established U.S. Strategic Bitcoin Reserve, warning that it could depreciate if altcoins begin to outperform Bitcoin. In a March 7 post on X, Morgan argued that the market prioritizes asset value over reserve composition. He cautioned ...
The U.S. government could allocate up to 88,000 BTC for its newly announced Strategic Bitcoin Reserve, according to Alex Thorn, head of research at Galaxy Research. In a March 7 post on X, Thorn explained that while federal authorities currently hold around 198,000 BTC, approximately 112,000 BTC must be returned ...
Miles Jennings, general counsel and head of decentralization at a16z Crypto, has warned of significant implications for decentralized governance following a recent U.S. court decision in a case involving the decentralized autonomous organizations (DAO) governing Ethereum's largest staking platform, Lido. On November 18, Judge Vince Chhabria of the U.S. District ...
Former U.S. President Donald Trump has been announced as a speaker at the Bitcoin 2024 conference, which will take place in Nashville, Tennessee, from July 25 to 27. The event, known as one of the largest gatherings in the Bitcoin world, will feature an array of influential political figures, including ...
Cryptocurrency industry supporters have raised concerns about a proposed regulation by the U.S. Securities and Exchange Commission (SEC) that would tighten laws surrounding crypto custody. The Blockchain Association, an advocacy group, and Web3 venture capital firm Andreessen Horowitz (a16z) have both written letters to the regulator, arguing that the proposal ...
