Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate
The pro-crypto Wyoming senator hopes the United States will purchase 5% of Bitcoin’s total supply as a strategic reserve asset.
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MicroStrategy’s Bitcoin conviction ‘strong’ as it posts Q1 profit
The one-time income tax benefit helped the firm reach a profit of $94 million in the first quarter of 2023. 573 Total views 13 Total shares Own this piece of history Collect this article as an NFTBusiness intelligence platform MicroStrategy has reiterated its commitment to its Bitcoin (BTC) investment strategy after turning its first quarterly…

Cointelegraph Consulting releases DeFi Guide to increase wider adoption
Cointelegraph Consulting releases “DeFi Adoption 2020: A Definitive Guide to Entering the Industry,” to speed up DeFi adoption. Many new users have been attracted to the explosive expansion of the DeFi sector in 2020, seeking to explore the growing selection of finance tools and applications. Not surprisingly, large barriers exist due to complexity, high transactional…

Barclays May Be Ending Work With Coinbase, Transactions in GBP to Slow
British banking giant Barclays has reportedly cut ties with United States crypto exchange Coinbase.As Coindesk reported on August 13, unnamed industry sources have said that Barclays will no longer be banking for Coinbase, severing a relationship that began when Coinbase opened a Barclays account in March 2018.The news is expected to hit the crypto community…

Price analysis 8/16: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store.

Ledger Wallet Co-Opts Controversial Pro-Brexit Slogan for Cryptocurrencies
As the United Kingdom exits the European Union, a new ad campaign by French crypto hardware wallet firm Ledger is reviving one of the most divisive pro-Brexit slogans, “Take Back Control,” to ambiguous effect.An email shared with Cointelegraph on Jan. 30 revealed Ledger’s mock-up of a planned billboard for an installation in London’s Canary Wharf,…

Crypto trading firm Auros Global misses DeFi payment due to FTX contagion
Auros is an algorithmic trading and market-making firm that provides liquidity for exchanges and token projects. 300 Total views 10 Total shares Crypto trading firm Auros Global appears to be suffering from FTX contagion after missing a principal repayment on a 2,400 Wrapped Ether (wETH) decentralized finance (DeFi) loan.Institutional credit underwriter M11 Credit, which manages…

Bitcoin Price $75K ‘Within Weeks’? Recovery Mimics 2013 700% Bull Run
BTC/USD is “perfectly” repeating its run-up to all-time highs in 2013, price analysis reveals, despite mixed feelings about 2020’s outlook. 2419 Total views 33 Total shares Bitcoin (BTC) is looking like it will hit $75,000 — and that could happen “within weeks,” one analyst has found. Uploading a fresh BTC/USD price chart to Twitter on June…

Crypto Biz: PayPal rolls out crypto ramps, Franklin Templeton joins BTC ETF race, and more
Without aggressive marketing tactics, fintech giant PayPal is quietly and consistently venturing deeper into the crypto space, rolling out features and building key partnerships to advance its digital assets strategy.This week, PayPal unveiled new on-ramps and off-ramps for cryptocurrencies for its clients in the United States — a noteworthy step for the country, particularly as