Crypto News
Utah Legislature Passes Blockchain Bill, Drops Bitcoin Reserve Provision
The removed part would have let Utah’s treasurer invest state funds in digital assets, possibly creating a state-run Bitcoin reserve.Source link
Lutnick Plays Down Recession Fears as BTC Lingers in 80K Range
Treasury Secretary Howard Lutnick insists the U.S. economy is on solid footing despite concerns from Wall Street that a recession is in the cards.“Absolutely not,” he said on a Sunday edition of Meet the Press when asked if Americans should prepare for a downturn."There's going to be no recession in America," he continued. "It's like the same people who thought Donald Trump wasn't a winner a year ago. Donald Trump is a winner. He's going to win for the American people."A recession is two consecutive quarters of economic contraction, caused by imbalances from external or internal factors, or combination of both. This argument contradicts comments made by the President earlier, who didn't rule out a recession, calling it part of...
What Is Dogecoin? How a Joke Cryptocurrency Became a $25B Phenomenon
Dogecoin (DOGE), the first cryptocurrency born from a famous internet meme, transitioned from a satirical jab at bitcoin to a globally recognized digital asset with a loyal community and real-world utility. DOGE—How a 2013 Internet Gag Turned Into a Multi-Billion-Dollar Market and Elon’s Favorite Crypto Dogecoin (DOGE), launched in 2013, holds the title of theSource link
The US Government’s Liquidation of High-Value Crypto Could Net Another 5,000 BTC
This week, the crypto community has been engaged in discussions regarding President Trump’s newly established Strategic Bitcoin Reserve alongside a U.S. Digital Asset Stockpile. The development follows Trump’s disclosure on Truth Social the weekend prior that XRP, SOL, and ADA would join the mix. The peculiar detail is that the U.S. government has not seizedSource link
Ripple CEO Sees ‘Incredible’ Crypto Support From Trump Administration
Ripple’s CEO praised the Trump administration’s embrace of crypto, highlighting support for regulatory clarity, crypto reserves, and digital asset innovation backed by U.S. Treasuries. Ripple’s CEO Applauds Trump Administration’s Embrace of Crypto Brad Garlinghouse, CEO of Ripple, reflected on a significant week for the cryptocurrency industry, highlighting key events such as the first-ever White HouseSource link