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Michael Saylor, executive chairman and co-founder of Microstrategy, one of the first companies to adopt the bitcoin standard, has proposed that the U.S. purchase 20% or 25% of the bitcoin available using the nation’s gold stash as part of a national strategic reserve policy. From Gold to Bitcoin? Michael Saylor Outlines High Stakes Economic Gambit … Read more
Brad Garlinghosue, CEO of Ripple, a crypto and payment services company, blasted an interview given to 60 Minutes about XRP and the utility of cryptocurrency. Garlinghouse stated that some things were left out and that the program was wrong in presenting crypto as a solution in search of a problem. Ripple CEO Brad Garlinghouse Criticizes … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we explore how stablecoins might help re-energize the Bolivian economy, facing a dollar scarcity period due to its fixed exchange rate. Latam Insights Encore: Stablecoins Might Help Bolivia Move Its Stalled Economy … Read more
The Tron Founder purchased and ate a $6.2 million banana at an art auction in New York City last month. Boston Pizza Releases ‘Affordable’ Pizza Version of Justin Sun’s $6.2M Banana Tron Founder Justin Sun purchased and ate the world’s priciest banana last month – a fruit with a mind-bending sticker price of $6.2 million. … Read more
The coin quickly crashed and lost most of its value in a matter of hours. ‘Hawk Tuah Girl’ Meme Coin HAWK Goes Kaput Within Hours of Launch Haliey Welch, more commonly known as “Hawk Tuah Girl” on the Internet, launched a much-hyped-about Solana-based meme coin HAWK on Dec. 4. Within hours, it cratered by more … Read more
Coinbase’s support account on X tackled grievances regarding alleged account restrictions. In a post, the company emphasized, “don’t believe everything you see on twitter.” However, an attached X Community Notes clarification pointed out that Coinbase is “indeed restricting accounts.” Locked Accounts and Frustrated Users: Coinbase Faces Customer Outcry A flood of complaints has been aimed … Read more
Gold advocate and economist Peter Schiff is not exactly cheering from the sidelines when it comes to a U.S. strategic bitcoin reserve. On Monday, he sparked conversation on social media, declaring that the smartest move President Joe Biden could make before leaving office is to offload all the U.S. government’s bitcoin holdings. Schiff Wants Joe … Read more
Eric Trump, son of President-elect Donald Trump, detailed ambitions to establish the United States as a global leader in cryptocurrency during a CNBC interview in Abu Dhabi, United Arab Emirates. Eric Trump Tells CNBC That the Trump Administration Aims to Establish U.S. as a Crypto Superpower Speaking on Monday with CNBC, Eric Trump emphasized the … Read more
The bitcoin mining machine maker Bitmain is gearing up to roll out a new production line in the U.S., focusing on its application-specific integrated circuit (ASIC) equipment. Bitmain Launches U.S. Production Bitmain shared on Monday through an X post that it plans to kick off a new production line in the United States. “Bitmain is … Read more
XRP has experienced a notable decline of 5% in the past day, trading at $2.42 as of this analysis. Despite the drop, technical indicators across multiple timeframes point to the potential for bullish momentum, with key levels and patterns offering insights for traders and investors. XRP On the daily chart, XRP showcases a strong bullish … Read more