US Congress pushes for detailed study on Bitcoin reserve plan
Lawmakers in Washington have put forward a new measure requiring the US Treasury to evaluate and publish a detailed report on the creation of a Strategic Bitcoin Reserve, along with a broader federal stockpile of digital assets ordered by President Donald Trump. The appropriations bill, filed on Friday by Representative David P. Joyce, instructs the […]
Robinhood enters the S&P 500, bringing more crypto exposure to mainstream investors
Robinhood Markets is set to officially join the S&P 500 on September 22, taking the place of Caesars Entertainment during the index’s regular quarterly reshuffle. The move, confirmed by S&P Dow Jones Indices, makes Robinhood the latest company with strong ties to digital assets to secure a spot in America’s most followed stock benchmark. For […]
Trump Media links Truth Social rewards with CRO tokens
Trump Media & Technology Group is rolling out a new feature on its Truth Social platform that ties its digital rewards system directly to cryptocurrency. The company announced Tuesday that subscribers to its Patriot Package—the paid tier of its Truth+ streaming service—will now receive enhanced perks, including access to “Truth gems.” These gems can be […]
Bitcoin whales unload $12.7B in biggest sell-off since 2022
Large Bitcoin holders have offloaded roughly 115,000 BTC worth $12.7 billion over the past month, marking the steepest sell-off since mid-2022, according to market data. Analysts warn the pressure from these sales could continue to weigh on prices in the weeks ahead. CryptoQuant analyst caueconomy noted on Friday that the drawdown in whale balances “has […]
El Salvador Marks Four Years Since Bitcoin Adoption With Mixed Outcomes
El Salvador’s Bitcoin Office marked the fourth anniversary of its landmark decision to recognize Bitcoin as legal tender, an event celebrated each September as “Bitcoin Day.” In a post on X this Sunday, the office showcased several milestones: the nation’s Bitcoin reserve now sits at 6,313 BTC—worth more than $702 million at current prices—along with […]
Saylor’s Strategy adds $217M worth of Bitcoin as accumulation continues
Michael Saylor’s company, Strategy, the largest institutional Bitcoin holder worldwide, has once again expanded its crypto stash while the BTC market held steady last week. According to a filing with the U.S. Securities and Exchange Commission on Tuesday, Strategy acquired 1,955 BTC between September 2–7, spending about $217.4 million. The average purchase price was $111,196 […]
“Binance Dollars” Replace Bolívar as Inflation in Venezuela Soars to 229%
Stablecoins such as Tether’s USDt are quickly becoming the go-to currency for millions of Venezuelans, as the country’s economy continues to deteriorate under runaway inflation — now climbing to an annual rate of 229%. What was once a niche tool for crypto enthusiasts has evolved into a nationwide lifeline. Known locally as “Binance dollars,” USDt […]
Tether pushes back on Bitcoin sell-off claims, reaffirms investments in BTC, gold, and real estate
Tether CEO Paolo Ardoino has dismissed rumors suggesting the stablecoin giant has been liquidating its Bitcoin reserves in favor of gold. In a statement on X this Sunday, Ardoino clarified that “no Bitcoin has been sold” and emphasized that Tether continues to channel its profits into assets such as Bitcoin, gold, and land. The rebuttal […]
Michael Saylor’s Wealth Surges $1B After Bloomberg Index Debut
MicroStrategy co-founder and executive chairman Michael Saylor has seen his personal fortune increase by roughly $1 billion since January, coinciding with his recent entry into the Bloomberg Billionaires Index. As of now, Saylor holds the 491st position on the ranking, with Bloomberg estimating his net worth at $7.37 billion — a jump of 15.8% since […]
Trump Jr.-Backed Thumzup Targets $100M From Dogecoin Mining Expansion
Media and tech company Thumzup, which has ties to Donald Trump Jr., is making a major pivot into cryptocurrency mining, setting its sights on Dogecoin. The firm announced plans to purchase 3,500 Dogecoin mining rigs, projecting potential yearly revenues of up to $103 million if DOGE climbs to the $1 mark. In a shareholder update […]