Former US Secretary of the Treasury Larry Summers said in an interview with Bloomberg that the idea of a national Bitcoin (BTC) reserve is âcrazy. â
Summers said he understands the concept of other commoditiesâ reserves, such as oil and gold, but argued:
âOf all the prices to support, why would the government choose to support by accumulating a sterile inventory, a bunch of Bitcoin? There...
Coinbase chief legal officer Paul Grewal has disclosed letters from the Federal Deposit Insurance Corporation (FDIC) to banks throughout 2022, urging them to halt or avoid crypto-related activities.
The letters, which date back to March 11, 2022, have been dubbed âpause lettersâ due to their repeated recommendations to suspend or refrain from engaging in crypto services.
FDIC concerns
The FDIC letters cited various concerns, including the agencyâs...
Solana developers have proposed increasing the networkâs block compute limit from 48 million to 50 million units to handle more transactions and enhance network...
XRPâs recent price surge has sparked growing interest from institutional players, with Worksport and The BC Bud Co. announcing plans to include the token...
On Dec. 6, US President-elect Donald Trump announced on Truth Social that David Sacks has been named the âWhite House AI and Crypto Czar. â
In his...
Bitcoinâs (BTC) recent breach of the $100,000 price level has sparked discussions among analysts about market conditions and potential risks â while some metrics...
Bitcoinâs (BTC) historic rally above $100,000 hit a roadblock on Dec. 5 as the flagship crypto fell back into five-figure territory, leaving a trail...
A new survey by Kraken revealed that 63% of US crypto holders believe emotional decision-making has negatively impacted their portfolios, with fear of missing...
President-elect Donald Trump lauded Bitcoinâs (BTC) record-breaking ascent past $100,000, congratulated Bitcoin investors on his Truth Social platform, and attributed the milestone to his influence.
Trump...
Bitcoin miners are enjoying a sharp rise in revenue as the flagship crypto crossed the $100,000 milestone for the first time in history.
Onchain data...
Bitcoin has achieved an unprecedented milestone, surpassing the $100,000 mark for the first time in its history.
Data from CryptoSlate showed that the top digital...
Haliey Welch, a viral internet personality known as the Hawk Tuah Girl, finds herself embroiled in controversy following the launch of her memecoin HAWK...
While Bitcoin surpassing $100,000 today, increased the value of Teslaâs remaining crypto holdings to over $1 billion, Tesla initially invested $1.5 billion in Bitcoin...
