Elon Musk says interest payments now consume 25% of U.S. government revenue. U.S. national debt rises by $1 trillion every 180 days. Experts are proposing that Bitcoin could be a solution for U.S. economic woes. Elon Musk has warned about the mounting U.S. national debt, stating that interest payments consume 25% of all government revenue. … Read more
In brief A Trump-linked crypto wallet took center stage on Capitol Hill during a House Financial Services Committee hearing. The timing of the announcement mirrored the president’s support of a private dinner for $TRUMP holders last month. A former chair of the Commodity Futures Trading Commission said Trump’s crypto ventures cannot be ignored. Crypto products … Read more
Bitcoin, and for that matter all blockchains, do not scale. It is a fundamental limitation of blockchain based systems that they are incapable of facilitating transactional use at a truly global scale without completely sacrificing the decentralization and verifiability that make them valuable in the first place. This has been an existential issue that Bitcoiners … Read more
Jim Marshall, Carl Eller and Alan Page formed the nucleus of the dominant Purple People Eaters. … More (Photo by James Flores/Getty Images) NFL The Minnesota Vikings have improved on defense each of the past two years under the leadership of defensive coordinator Brian Flores. While the headlines around the team surround quarterback J.J. McCarthy … Read more
Medical tech company Semler Scientific has deepened its Bitcoin strategy, revealing a new $20 million investment for 185 BTC between May 23 and June 3. The latest acquisition brings its total holdings to 4,449 Bitcoin (BTC), purchased at an average price of $107,974 per coin. According to a June 4 filing with the US Securities … Read more
JPMorgan is reportedly preparing to accept bitcoin ETFs as collateral for loans globally, signaling a groundbreaking shift toward crypto integration across institutional finance and wealth management. JPMorgan Greenlights Bitcoin ETFs for Global Loan Collateral More financial institutions are increasingly integrating bitcoin into their services—even JPMorgan Chase & Co., historically one of the most cautious on … Read more
JPMorgan is set to begin accepting Bitcoin (BTC) exchange-traded funds as collateral for loans, Bloomberg News reported on June 4. The lender also plans to consider digital asset holdings when evaluating a client’s net worth and liquid assets, placing crypto alongside traditional categories such as equities, vehicles, and fine art when assessing lending eligibility. The … Read more
Cryptocurrency payments company MoonPay said it would be able to offer its service to users in all 50 US states after receiving licensing approval in New York. In a June 4 notice, MoonPay said the New York State Department of Financial Services (NYDFS) granted its US company a BitLicense and a money transmitter license. The … Read more
Bitcoin Investor and analyst Fred Krueger has stirred conversation by questioning a core assumption in Bitcoin cycle analysis: what if 2025 has already marked the top? In a tweet published June 4, Krueger shared a bar chart visualizing Bitcoin’s top-to-top price ratios across each cycle. The graphic paints a clear picture: every subsequent cycle has … Read more
U.S. President Donald Trump has criticized Federal Reserve Chairman Jerome Powell multiple times over the past few months for not cutting interest rates. BTC Treads Water as Trump Demands Rate Cut The U.S. Federal Reserve maintained its target range for the federal funds rate between 4.25% and 4.5% last month, explaining that “inflation remains somewhat … Read more