BTC reserve – DIGIT INFO

US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares

DIGIT — Fri, 10 Jan 2025 21:48:29 +0000

The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say.

Former Federal Reserve President Says ‘Nothing Good’ Comes From Making BTC a Reserve Currency

DIGIT — Sat, 07 Dec 2024 06:30:09 +0000

A former New York Federal Reserve governor said there are no advantages to making bitcoin (BTC) a government reserve currency. No Exit Strategy Bill Dudley, the former president of the Federal Reserve Bank of New York, argues that there are no advantages to making bitcoin (BTC) a government reserve currency. Dudley, who currently chairs the […]

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Trump win drives Bitcoin to $76K, PlanB sets $500K target

DIGIT — Sat, 09 Nov 2024 13:28:22 +0000

Bitcoin broke through $76,000 following Trump’s election victory, with PlanB’s stock-to-flow model forecasting a $500,000 BTC price within four years.

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Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg

DIGIT — Wed, 23 Feb 2022 14:30:34 +0000

The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve — which will be stored in BTC — aims to […]

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