Donald Trump's administration plans to create a national Bitcoin reserve, boosting Bitcoin's role in the global economy. State-level and institutional support is growing, with 10 US states preparing their own Bitcoin reserve plans.
WeatherlyRobert Kiyosaki predicts Bitcoin could drop to $60,000 but remains confident in its long-term potential, planning to buy more if the price falls. He forecasts Bitcoin could reach $250,000 by 2025 and even $500,000, according to an AI model.
AnaisVancouver is exploring using Bitcoin in its financial reserves to protect against economic instability and inflation. The city aims to position itself as a hub for digital asset businesses and attract tech talent.
WeatherlyBrazil is considering a law to create a Bitcoin reserve, RESBit, as part of its economic strategy to strengthen stability and support its digital currency, Drex. Inspired by El Salvador's Bitcoin use, the reserve would diversify assets and be managed with blockchain for transparency.
WeatherlyAlan Joseph, a 36-year-old from Lancaster, Massachusetts, was convicted on 22 November 2024 for operating an unlicensed money transmitting business and laundering money through Bitcoin for criminals involved in trafficking counterfeit goods. He faces up to 20 years in prison and a fine, with sentencing set for February 2025.
AnaisRumble is investing up to $20 million in Bitcoin as part of its strategy to diversify its treasury and strengthen ties with the crypto community. This move follows the example of companies like MicroStrategy, which has invested billions in Bitcoin.
JoyBitcoin is nearing the $100,000 mark, driven by growing optimism around Trump’s crypto-friendly policies and rising institutional interest. The crypto market is surging, with altcoins also gaining strength, signaling a bullish trend across the sector.
AnaisSouth Africa's Schindlers Digital Assets has created a legal process allowing cryptocurrency holders to buy property, making it easier to use digital assets for real estate transactions. The first event will be a property auction on 21 November 2024, marking a key step in integrating crypto with the real estate market.
AnaisMichael Saylor plans to present a Bitcoin investment strategy to Microsoft’s board ahead of a key vote on 10 December. The proposal, backed by shareholder activism, suggests Microsoft consider Bitcoin as a potential investment, citing MicroStrategy's success with the asset.
AnaisA Brazilian pianist lost access to his Bitcoin wallet worth over 2 million reais after misplacing his recovery phrase. Despite efforts to recover it, he faces the harsh reality that without the backup phrase and PIN, the funds are likely gone for good.
JoyMicroStrategy founder Michael Saylor believes that the approval of the Ethereum ETF spot brings "another good news for Bitcoin."
JinseFinanceMichael Saylor strategically sells MicroStrategy stock, netting $372.7M amidst 80% surge. Actions part of pre-arranged plan, not indicative of confidence. Move coincides with company's valuation rise. Saylor anticipates Bitcoin halving event, remains optimistic about MicroStrategy's future as leveraged Bitcoin investment.
Xu LinMicroStrategy Chairman Michael Saylor asserts Bitcoin's superiority over gold amidst surge in gold prices. With over 214,246 Bitcoin amassed, Saylor reaffirms bullish stance. Bitcoin's outperformance and upcoming options contract expiry contribute to market volatility.
Xu LinSaylor said that Bitcoin is definitely at least digital gold and it will eat up gold. It has all the advantages of gold without any of its disadvantages.
JinseFinanceMichael Saylor subtly acknowledges Elon Musk's historic Dogecoin tweet, drawing parallels between their references to "The Godfather" and "The Dogefather." Dogecoin currently trades at $0.07828, reflecting market fluctuations. Elon Musk's impact on Bitcoin's price and Tesla's shifting stance on cryptocurrency payments add complexity to the evolving crypto narrative. Analysts anticipate Bitcoin reaching $48,000-$51,000, highlighting the dynamic nature of the market.
BerniceMicroStrategy CEO Saylor sells $216M MSTR shares for personal Bitcoin acquisition. Market responds negatively; firm's BTC holdings signal long-term bullish stance despite short-term market apprehension.
Huang BoMichael Saylor's shift from Bitcoin skeptic to advocate contrasts with SEC Chair Gensler's anti-crypto stance, exploring changing perspectives in crypto.
Xu Lin
FinboldThe soon-to-be former CEO said splitting the roles of MicroStrategy's chief executive officer and chair would help the firm pursue its strategy of "acquiring and holding Bitcoin."
CointelegraphThe MicroStrategy CEO argued that ETH is a security as it was issued via an ICO and its network has had many fundamental changes over the years.
Cointelegraph