Maryland, Iowa, and Kentucky propose legislation to establish Bitcoin reserves

Lawmakers in Maryland, Iowa, and Kentucky have introduced legislation proposing the creation of Bitcoin (BTC) strategic reserves in their respective states. The latest bills bring the number of US states considering Bitcoin reserves to 17. The proposals aim to integrate Bitcoin into state financial strategies. Kentucky House Bill 376, introduced …

Tether Reports $13 Billion in 2024 Profits, Hits All-Time High in U.S. Treasuries and Reserves

Tether Holdings’ Q4 2024 report showed the company’s dominance of the stablecoin market with yearly net profits exceeding $13 billion. Tether Hits All-Time Highs in U.S. Treasury Holdings Tether Holdings Limited has released its Q4 2024 attestation, confirming record-breaking financial performance with net profits exceeding $13 billion for the year. …

$200K Bitcoin? Too Small – Government Reserves Could Ignite $500K BTC Explosion

Bitcoin could hit $500,000 if governments consider strategic reserves, with mounting demand from ETFs, corporations, and institutions outpacing limited supply, driving prices sharply higher. $500K Bitcoin Could Be Next – $200K Will Be Quaint Once Reserves Kick In Matt Hougan, chief investment officer at Bitwise Asset Management, shared his bullish …

Bukele Aims to Tap Into the Massive Potential of Salvadoran Gold Reserves

Salvadoran President Nayib Bukele recently highlighted the size and significance of the country’s natural gold reserves and how they can be used to improve the quality of life for Salvadorans. President Nayib Bukele Defies Mining Ban Law, Aims to Take Advantage of Salvadoran Gold Reserves El Salvador might be close …

Upcoming Global Reserves

Although we think smart contracts and web 3 will far surpass Bitcoin in terms of sheer market cap and money in the space, we love … source

China Poised To Cut Off US Military From Key Mineral As America’s Own Reserves Lay Buried Under Red Tape

By Nick Pope China is planning to restrict exports of a key mineral needed to make weapons while a U.S. company that could be reducing America’s reliance on foreign suppliers is languishing in red tape, energy experts told the Daily Caller News Foundation. The Chinese government announced on August 15 …

German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by Tomorrow

Over the course of nearly 20 hours, the German government has sold 9,736 BTC valued at $564.3 million. The government’s BTC wallet currently holds 13,110 BTC worth $767 million. German Government’s Swift Bitcoin Sales Could Soon Lead to Total Reserve Depletion At 1:16 p.m. EDT on July 9, Bitcoin.com News …

Remember The ’70s Oil Crisis: Biden’s Reluctance To Restock America’s Oil Reserves Should Be A Massive Red Flag

Despite the best efforts of the Biden administration to move toward green alternatives, oil remains a vital commodity to not only the American economy but also global civilization in general. Easy access to the substance can be the deciding factor between a country’s prosperity and its descent into chaos and …

Hold Reserves For The Price Drop

Update on our $25K trading portfolio! ⁠ ⁠ The two moves here were to add .5 ETH on a price dip to total 1.5 ETH, and secondly … source

Top 20 Countries by Gold Reserves — Strategic Culture

Strategic Infographics July 2, 2023 | INFOGRAPHICS Top 20 Countries by Gold Reserves This infographic shows the top 20 countries of the world by gold reserves in tonnes as for March 2023. (Click on the image to enlarge) © 2010 – 2023 | Strategic Culture Foundation | Republishing is welcomed …

Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally

The company plans to use corporate resources to fill the gap, including external capital. Source link

Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down – Bitcoin News

As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease further. However, economist Mohamed El-Erian of the University of Cambridge believes inflation …

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