A Progressive Case for a Strategic Bitcoin Reserve: Strengthening America’s Social Safety Net

From Trey Walsh, Executive Director of The Progressive Bitcoiner I’ll start off by saying I have many reservations about the United States pursuing a Strategic Bitcoin reserve, with the major plans I’ve observed including legislation proposed by Senator Lummis and a draft Executive order from the Bitcoin Policy Institute (this does not include those proposed … Read more

Could This Boost Crypto Markets?

As the bankrupt crypto exchange FTX prepares to repay its creditors, analysts are predicting the fund distribution will kick start a bullish cycle in 2025. FTX’s Chapter 11 reorganization plan will become effective on January 3, and the initial payment is expected to occur within the next 60 days. According to some analysts, the move … Read more

Historical Trends and Future Predictions

According to a report by COINOTAG News on December 30th, CoinDesk analyst James Van Straten highlighted U.S. Treasury Secretary Janet Yellen’s recent correspondence with congressional leaders. In her letter, she indicated that the U.S. may hit its debt ceiling between January 14th and 23rd, 2025, necessitating potential extraordinary measures to avert a federal government default. … Read more

Bitcoin Is Looking Like a Stronger Buy Everyday: When Will Crypto Crash End?

2024 is ending with a massive crypto crash and Bitcoin (BTC) losing its grip, falling back after a post-Trump-election rush. The air’s gone thinner, and the market drifts, strung between uncertainty and anticipation for 2025. Some analysts argue that Trump doesn’t matter. Now that Blackrock and all the other investment firms have Bitcoin ETFs, they … Read more

XLM Declines 6.6% as Index Trades Lower Over Weekend

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3254.32, down 1.8% (-60.38) since 4 p.m. on Friday. Three of 20 assets are trading higher. Leaders: SOL (+2.5%) and APT (+0.8%). Laggards: XLM (-6.6%) and LINK (-6.2%). The … Read more