Crypto News
Peter Schiff Claims Bitcoin Superpower Status Will Make America weaker
Peter Schiff ignites outrage by claiming that the U.S. becoming a bitcoin superpower would weaken the nation, clashing with crypto advocates championing it as an economic game-changer. Peter Schiff Faces Crypto Uproar Over Bitcoin Superpower Weakness Assertion Economist and outspoken bitcoin critic Peter Schiff has stirred fresh controversy with his critique of President-elect Donald Trump’sSource link
SEC Rakes in $8.2B in Penalties for 2024, Over Half Tied to Terraform Labs
While the SEC touts its enforcement as a win for investors, the crypto industry is rejoicing over Chair Gary Gensler's imminent departure.Source link
Bitcoin Slides Near $94K, But Short-Term Bullish Target of $100K BTC Unchanged
A bitcoin (BTC)-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours, nearing $94,000 a week after it came within touching distance of the landmark $100,000 level for the first time.BTC has pared weekly gains from over 10% to just 3% amid profit-taking on the expected pullback. Major tokens have followed the tumble, data shows, with Solana’s SOL, BNB, Cardano’s ADA and dogecoin (DOGE) falling as much as 7% in the past 24 hours.The broad-based CoinDesk 20 (CD20), a liquid index tracking the biggest tokens by market capitalization, minus stablecoins, is down nearly 3%.As such, a short-term target of $100,000 per BTC remains unchanged, with analysts viewing a correction...
UK Urged to Consider Bitcoin Reserve as Trump Leads Crypto Revolution
The UK government is urged to create a bitcoin reserve as Trump’s pro-crypto policies drive global competition in the race for digital economic dominance. Bitcoin Reserve in UK Sparks Debate as Trump Drives Global Crypto Shift Nigel Green, CEO of Devere Group, an independent wealth management and financial advisory organization, has called on the UKSource link
Asset Managers Weigh in on US Bitcoin Reserve Debate
Asset managers have weighed in on Trump’s proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation’s Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have intensified following President Donald Trump’s re-election. Several asset management firms and financial analysts have voiced theirSource link