Pennsylvania State Representative Mike Cabell has introduced groundbreaking legislation to permit the state treasury to invest in Bitcoin. Titled the “Pennsylvania Bitcoin Strategic Reserve Act of 2024,” this bill proposes allocating up to 10% of key state funds, including the General Fund, Rainy Day Fund, and State Investment Fund, into Bitcoin. The legislation is designed…
President Trump has signed an Executive Order to establish a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, announced Crypto Czar David Sacks on X, Thursday night. Sacks says the Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means…
Sławomir Mentzen, a right-wing libertarian politician and presidential nominee in Poland, has announced a bold plan to transform the country into a "cryptocurrency haven" if he is elected in the upcoming 2025 presidential election. In a recent post on X, Mentzen promised to establish a strategic Bitcoin reserve and implement policies that favor the growth…
Secretary Howard Lutnick suggested today that Bitcoin could receive unique treatment in the U.S. crypto reserve strategy. In a recent interview with The Pavlovic Today, Lutnick hinted that Bitcoin’s role in the reserve would be distinct from other digital assets. The proposed crypto reserve is expected to include Ethereum (ETH), Solana (SOL), Cardano (ADA), and…
Este artículo también está disponible en español. As Bitcoin (BTC) surges past $100,000 once again, edging closer to a new all-time high (ATH), most crypto analysts predict the premier cryptocurrency will peak around $150,000 during this market cycle. However, some experts argue that such a target is “too low” for BTC, considering its growing adoption…
A new prediction market chart from Polymarket paints a volatile picture for Bitcoin enthusiasts banking on former President Donald Trump to establish a Bitcoin reserve within his first 100 days of office in 2025. The chart shows market confidence dropping sharply, with the “Yes” side currently standing at a meager 27% probability—down by a dramatic…
Former Binance CEO Changpeng “CZ” Zhao has predicted that it’s only a matter of time before China establishes a strategic Bitcoin reserve. Speaking at the Bitcoin MENA conference in Abu Dhabi on Dec. 9, Zhao suggested that smaller countries would likely lead the charge in adopting national Bitcoin reserves, but larger players like China would…
In this report, we explore the alliance between President-elect Donald Trump and Silicon Valley’s titans, Elon Musk, Marc Andreessen, and David Sacks—and why this partnership could prove a game-changer for cryptocurrency investors over the years ahead. Plus, why Trump is likely to order pro-crypto Executive Orders on day one. A Presidential Pitch at Bedminster According…
Bitcoin Has Buyers, But the Macro Tape Still Matters Bitcoin slipped back toward the mid-$76,000s on Monday after an overnight push toward $80,000 lost momentum, as rising oil prices and renewed Iran tensions stalled the rally. At the time of writing, live market data showed BTC trading just under $77,000, down on the day but still…
Anticipation is growing ahead of tomorrow’s White House Crypto Summit. This event represents a shift in the U.S. government's approach towards digital assets, potentially heralding the official launch of the country's first strategic crypto reserve. Will it be focused on Bitcoin? Will altcoins lead the way? These are the questions the industry is asking. Set…