Top Stories of The Week US crypto ETF approval odds surge to ‘90% or higher’ — Bloomberg analysts The likelihood of US regulators approving a wave of crypto exchange-traded funds (ETFs) is now a near certainty, signaling a continued pro-crypto shift at the Securities and Exchange Commission (SEC), according to Bloomberg analysts Erich Balchunas and … Read more
The U.S. Treasury signals an aggressive push into digital assets, positioning the dollar to thrive globally as sweeping reforms ignite unprecedented innovation and financial expansion. Digital Assets Are Global Phenomenon Ignored Too Long by Governments, Says Treasury Secretary Bessent Treasury Secretary Scott Bessent emphasized on social media platform X on June 18 that the U.S. … Read more
The U.S. Treasury signals an aggressive push into digital assets, positioning the dollar to thrive globally as sweeping reforms ignite unprecedented innovation and financial expansion. Digital Assets Are Global Phenomenon Ignored Too Long by Governments, Says Treasury Secretary Bessent Treasury Secretary Scott Bessent emphasized on social media platform X on June 18 that the U.S. … Read more
Bitcoin (BTC) has long been the gold standard of cryptocurrency. Yet, as it faces challenges stabilizing at $104K, traders are focusing on emerging projects with utility-driven value and immense growth potential. Ruvi AI (RUVI) has quickly risen as a top alternative, offering a powerful blend of blockchain technology and artificial intelligence (AI). With over $1.9 … Read more
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The Capitol Building, home of the United State Congress. Getty Images Green Technologies At Risk In Current Mega Bill As it was written, the Big, Beautiful Bill (Mega Bill) passed by The House of Representatives in May would handicap certain green projects (solar, wind, and batteries) that are in line to receive tax credits made … Read more
Rumors are swirling about the US government’s potential incorporation of XRP into its national reserves, as well as the possible seizure of Ripple’s XRP escrow. But prominent attorney Bill Morgan has publicly cast doubt on these rumors. Is The US Planning To Seize Ripple’s Escrowed XRP? According to widely followed crypto analyst John Squire, the … Read more
Based on historical data, the ten most heavily stocked bitcoin wallets collectively held over 1.12 million coins in 2023, accounting for approximately 5.66% of the current circulating supply. Jump ahead to the present, and these top ten addresses now control 5.55% of the supply, with a few notable shifts among the highest-ranking holders. What follows … Read more
Key Takeaways Texas has established a Bitcoin reserve as part of its financial strategy. The reserve requires Bitcoin to have maintained an average market cap of $500 billion over 24 months. Texas Governor Greg Abbott has signed Senate Bill 21 (SB 21) into law, paving the way for the state to establish a Bitcoin reserve … Read more
Bitcoin remains in a critical consolidation phase between $97,000 and $112,000, as market participants closely monitor potential breakout signals amid subdued institutional activity. Despite the absence of fresh institutional capital inflows, expert analysts emphasize the importance of the $112,000 resistance level as a pivotal point for Bitcoin’s next directional move. According to COINOTAG, Michael Saylor … Read more