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Bitcoin ownership surpasses gold in the US as 50M Americans hold BTC

Leave a Comment / Bitcoin News, Markets, USA / best time

50 million Americans now own Bitcoin, surpassing 37 million gold holders. US firms hold 94.8% of publicly traded companies’ Bitcoin reserves. US leads globally with 40% of all Bitcoin companies headquartered domestically. Bitcoin has officially outpaced gold in US ownership, marking a significant pivot in the country’s investment landscape. According to a new report released […]

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Senate Votes 66-32 to Advance GENIUS Act, Marking Progress in Stablecoin Regulation

Leave a Comment / Crypto Regulation News, Crypto Regulations, Stablecoin, USA / best time

The Senate made big progress on stablecoin regulation Monday, advancing the GENIUS Act with a bipartisan vote of 66-32. This bill, which would regulate stablecoins for the first time at the federal level, marks a key step toward establishing comprehensive oversight for digital currencies pegged to fiat currencies, like the US dollar. The vote to

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Bitcoin blasts past 6K: is Trump’s remittance tax bill crypto’s new rocket fuel?

Bitcoin blasts past $106K: is Trump’s remittance tax bill crypto’s new rocket fuel?

Leave a Comment / Bitcoin News, Cryptocurry, Donald Trump, Markets, USA / best time

Bitcoin price surged to $106,000 on Sunday, May 18, achieving its highest weekly close ever. The rally saw Bitcoin’s market cap reach $2.11 trillion, liquidating over $44M in short positions. Trump’s proposed 5% remittance tax on non-US citizens is seen as a key driver, likely pushing users to crypto. Bitcoin surged to a new peak

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Top crypto to buy as Saudi Central Bank reveals exposure to MSTR

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Bitcoin and other crypto assets have been in an uptrend in recent sessions after the Saudi Central Bank (SAMA) confirmed significant exposure to MicroStrategy Inc. According to SAMA’s latest 13F filing, it owns a total of 25,656 shares of the business intelligence firm that has successfully transformed into a Bitcoin-proxy over the past few years.

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Coinbase CEO bullish on stablecoin bill’s senate fate despite political headwinds

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Coinbase CEO is “optimistic” about Senate passing stablecoin legislation soon, despite recent setbacks. A key Senate vote on the bill failed last week due to Democratic concerns, including potential benefits for Trump. Coinbase is set to join the S&P 500, a move Armstrong calls a sign “crypto’s here to stay.” Coinbase CEO Brian Armstrong conveyed

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Taiwan eyes Bitcoin as hedge against inflation and US Treasury exposure

Leave a Comment / Bitcoin News, Markets, Taiwan, USA / best time

Lawmaker Ko Ju-Chun suggests adding Bitcoin to national reserves. Taiwan has 423 metric tons of gold in its asset base. New Hampshire in the US passed a law to include Bitcoin in state reserves. Taiwan is considering a significant policy shift—one that could see Bitcoin join its national reserves. Faced with inflationary pressure, global trade

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Dogecoin jumps 18% as trade deal boosts crypto market activity

Leave a Comment / Analysis, Doge, Markets, Uk, USA / best time

The US-UK trade deal lifted investor sentiment across digital assets. At the time of writing on Friday, DOGE was trading at approximately $0.206. Open Interest rose 18% to $2.17 billion, driven by long positions. Dogecoin (DOGE) surged 18% this week, reclaiming the $0.20 mark after breaking above key technical levels on Thursday. The rally follows

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Trump’s crypto ventures complicate path for landmark stablecoin legislation

Leave a Comment / Donald Trump, Markets, Stablecoins, USA / best time

Senate Democrats, led by Sen. Gallego, signaled opposition to advancing the current stablecoin (GENIUS Act) bill. Concerns stem from President Trump’s increasing personal financial ties to crypto ventures (memecoin, family-linked stablecoin). The legislative stall threatens not only the stablecoin bill but also progress on broader crypto market structure rules. The path forward for landmark stablecoin

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Expert predicts BTC rally to 5,000: could it benefit PepeX?

Expert predicts BTC rally to $125,000: could it benefit PepeX?

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Bitcoin has seen quite a sharp move to the upside in recent weeks but Steve Grasso, the chief executive of Grasso Global Inc continues to see a possibility for further significant gains in 2025. Grasso has recently built a sizable stake in BTC as he’s convinced that the asset’s break above the $100,000 level could

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Tether plans new US dollar stablecoin as reserves near 0B amid Washington lobbying

Tether plans new US dollar stablecoin as reserves near $120B amid Washington lobbying

Leave a Comment / Markets, Stablecoin, Tether news, USA / best time

Q1 2025 audit shows excess reserves down to $5.6 billion from $7 billion. Tether’s reserves are managed by Cantor Fitzgerald, raising scrutiny over potential conflicts. Competitor World Liberty Financial, backed by the Trump family, also plans to launch a stablecoin. Tether, the world’s largest stablecoin issuer by market capitalisation, is preparing to launch a US-based

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