Grayscale Litecoin Trust is reported to have raised $2.3 million from 242,900 shares in a private placement, sending the issued and outstanding to 24.1 million.Analysts have predicted that LTC could stage a parabolic run to hit $150 after it successfully breaches a crucial resistance level at $126. A private placement of 242,900 new shares has...
Meta shareholders push Mark Zuckerberg to explore Bitcoin as a treasury reserve asset for financial resilience.Corporate Bitcoin adoption grows as companies like Tesla and MicroStrategy showcase its potential for inflation hedging and innovation. The topic of whether Mark Zuckerberg would transform Meta into the next MicroStrategy has stirred passionate debate. Now under more pressure is...
During a recent CNBC interview, outgoing SEC Chair Gary Gensler reiterated his view that most digital assets are securities, with Bitcoin being the sole exception due to its decentralized nature.Under Paul Atkins’ SEC leadership, the Ripple lawsuit could be settled, offering regulatory clarity for all assets and potentially leading to the approval of XRP-based ETFs...
The Strategic Bitcoin Reserve Act integrates Bitcoin into state savings and pension funds, shielding residents from inflation while supporting innovation.Oklahoma’s move aligns with federal pro-crypto efforts, emphasizing a national shift toward digital assets and financial modernization. The Strategic Bitcoin Reserve Act aims to position Oklahoma as a leader in digital asset adoption by integrating Bitcoin...
Samson Mow predicts Bitcoin adoption by more nation-states, supported by strategic reserves and new Bitcoin bond initiatives.Increasing global adoption trends highlight countries exploring Bitcoin strategies, signaling a major shift in the financial landscape. In a recent video, the Modern Investor channel’s host has explored some of the most audacious Bitcoin projections and worldwide adoption patterns...
The Bank of England’s “Digital Pound Labs” marks a significant step toward blockchain-based payment testing, emphasizing collaboration with stakeholders.A digital pound remains in its exploratory phase, with final decisions contingent on parliamentary approval and extensive public consultations. The Bank of England (BoE) is intensifying its efforts to explore a central bank digital currency (CBDC) with...
XRP has been predicted to hit a $1 trillion market cap this cycle alongside Stellar Lumens (XLM), Dogecoin (DOGE), and Cardano (ADA).An analyst has predicted that DOGE could hit $20 this cycle by strongly reacting to the upcoming US presidential inauguration and other macroeconomic factors. The CoinMarketCap’s Altcoin Index has moved to 47/100, two points...
Bitcoin’s institutional adoption and legislative support are poised to solidify its status as a global financial asset in 2025.Blockchain innovations, including Ethereum’s upgrades and the rise of AI-driven tokens, signal a transformative year for the crypto landscape. Bitcoin’s ongoing bull run, fueled by its 2024 halving, has laid the foundation for unprecedented growth. Notably, as...
Anthony Pompliano, CEO of Professional Capital Management, has shared three key recommendations for President-elect Donald Trump to establish himself as the “first Bitcoin president” ahead of his inauguration.Pompliano encourages Trump to repeal SAB 121, establish a U.S. national Bitcoin reserve, and implement tax reforms to eliminate capital gains taxes on Bitcoin payments. Anthony Pompliano, a...
Chris Giancarlo led the CFTC and revolutionized U.S. crypto regulation, earning the nickname “Crypto Dad.”He co-founded the Digital Dollar Project to explore a U.S. Central Bank Digital Currency and ensure financial innovation. Chris Giancarlo was born on May 12, 1959, in Jersey City, New Jersey. Growing up in Englewood, New Jersey, he went to the...