Bo Hines, who leads President Donald Trump’s advisory council on digital assets, recently met with El Salvador’s President Nayib Bukele to discuss potential partnerships in the crypto space. In a post shared on June 5, Hines revealed that the meeting centered around digital asset development and a shared ambition to reshape global finance. He also […]
A Bitcoin-linked scandal has thrown the Czech government into crisis. Prime Minister Petr Fiala is facing calls for a no-confidence vote from the opposition following Justice Minister Pavel Blažek’s resignation. The controversy stems from a Bitcoin donation tied to Tomáš Jirčikovský, a convicted criminal known for operating Sheep Marketplace, a dark web platform previously used
Bitcoin donation scandal triggers political crisis for Czech Prime Minister Read More »
Brian Armstrong, the CEO of Coinbase, issued a stark warning this week: if U.S. lawmakers don’t get the national debt under control, Bitcoin could supplant the dollar as the world’s reserve currency. “If the electorate doesn’t hold Congress accountable to reducing the deficit, and start paying down the debt, Bitcoin is going to take over
US-listed spot Bitcoin exchange-traded funds (ETFs) have entered a third consecutive day of outflows, shedding more than $1 billion. This trend reflects a shift in institutional sentiment as Bitcoin’s price continues to hover around the $105,000 mark without a clear breakout. US Bitcoin ETFs outflow Data from SoSoValue shows that the 12 US-listed spot Bitcoin
US Bitcoin ETFs navigate $1.2 billion outflows amid European retail approval Read More »
At the Reagan National Economic Forum in California on May 29–30, JPMorgan Chase CEO Jamie Dimon cast a warning about the future of the U.S. dollar’s dominance as the world’s reserve currency. While acknowledging China as a potential threat, Dimon stressed that the real danger comes from within the United States. “China is a potential
Jamie Dimon casts doubt on US dollar as global reserve currency Read More »
Wall Street’s rare-metal rumour mill began on a freezing January morning at Zurich Airport, where cargo handlers wrestled two-ton pallets of 99.5% pure gold onto a chartered 747 bound for New York. Their destination was a COMEX vault in the city, where warehouse rules hinge not on purity but bar dimensions. The gold came from
A US federal court has delivered a sweeping rebuke to President Donald Trump’s signature trade policy, ruling that his administration’s imposition of tariffs under the guise of a national emergency exceeded constitutional authority. The landmark decision from the US Court of International Trade immediately throws Trump’s tariff regime into legal limbo and global trade negotiations
Bitcoin trails stocks as court smacks down Trump tariffs for presidential overreach Read More »
The International Monetary Fund (IMF) has again called on El Salvador to keep its Bitcoin holdings unchanged. In a statement released on May 27, the IMF said government-owned wallets must not increase their BTC reserves and also urged the country to fully exit its role in the Chivo wallet by the end of July. According
El Salvador’s Bitcoin strategy under IMF scrutiny Read More »
Texas legislators have moved closer to formalizing a Bitcoin reserve for the state. On May 27, a joint Conference Committee composed of House and Senate lawmakers reached an agreement on the final version of Senate Bill 21 (SB 21), dubbed the Texas Strategic Bitcoin Reserve Act. According to the committee, one of the most significant
Texas lawmakers finalize details on Bitcoin reserve, removes staking ahead of final vote Read More »
Texas is advancing plans to create a government-backed Bitcoin reserve after lawmakers approved Senate Bill 21 (SB 21) in its second House reading on May 20. According to voting records on the Texas Senate website, the proposal passed with a commanding 105 to 23 vote, reflecting rare bipartisan support. It now heads to a third
