Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050
News

Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050

Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming a global medium of exchange and reserve currency. The report suggests bitcoin could settle 10% of global international trade and 5% of domestic trade, with central banks holding 2.5% of their assets in BTC. Scalability challenges are […] Source: https://news.bitcoin.com/vaneck-predicts-bitcoin-could-reach-2-9-million-by-2050/

Ripple CEO Suggests Vice President Kamala Harris Steer Clear of Anti-Crypto Rhetoric
News

Ripple CEO Suggests Vice President Kamala Harris Steer Clear of Anti-Crypto Rhetoric

Ripple CEO Brad Garlinghouse has criticized Congressman Brad Sherman’s anti-crypto comments, urging Vice President Kamala Harris to distance herself from such views. The Ripple executive warned that opposing cryptocurrencies is equivalent to opposing innovation, benefiting Republicans who support technological progress. He emphasized the need for the U.S. to align with other advanced economies with clear […] Source: https://news.bitcoin.com/ripple-ceo-suggests-vice-president-kamala-harris-steer-clear-of-anti-crypto-rhetoric/

Who Will Replace Gensler? Winklevoss Urges Crypto Industry to Demand SEC Chair Decision Before Election
News

Who Will Replace Gensler? Winklevoss Urges Crypto Industry to Demand SEC Chair Decision Before Election

Gemini co-founder Tyler Winklevoss has urged the crypto industry to demand to know who the next U.S. Securities and Exchange Commission (SEC) chair will be before the election. He also urged crypto supporters to “demand that both parties embrace our industry, treat it fairly, and do everything in their power to ensure that America is […] Source: https://news.bitcoin.com/who-will-replace-gensler-winklevoss-urges-crypto-industry-to-demand-sec-chair-decision-before-election/

SEC Greenlights NYSE Arca to List Grayscale Bitcoin Mini Trust
News

SEC Greenlights NYSE Arca to List Grayscale Bitcoin Mini Trust

The SEC has approved NYSE Arca’s proposal to list and trade shares of the Grayscale Bitcoin Mini Trust. Grayscale’s new trust will feature competitive fees. “This approval order is based on all of the exchanges’ representations and descriptions in their respective amended filings, which the Commission has carefully evaluated,” said the securities regulator. SEC Approves […] Source: https://news.bitcoin.com/sec-greenlights-nyse-arca-to-list-grayscale-bitcoin-mini-trust/

Ron Paul Champions Liberty and ‘Competing Currencies’ at Bitcoin 2024
News

Ron Paul Champions Liberty and ‘Competing Currencies’ at Bitcoin 2024

Ron Paul, former U.S. congressman and well-known advocate for liberty, shared his thoughts on bitcoin and monetary policy during an interview with Bitcoin Magazine editor Pete Rizzo. Paul emphasized the importance of liberty and sound money principles while expressing cautious optimism about bitcoin’s future. Freedom Advocate Ron Paul Pushes for Sound Money Principles Freedom advocate […] Source: https://news.bitcoin.com/ron-paul-champions-liberty-and-competing-currencies-at-bitcoin-2024/

Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years
News

Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years

On July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $8.25M This Sunday, at block height 854,349, btcparser.com’s Bitcoin blockchain parser identified a transfer from a 2017 address, moving […] Source: https://news.bitcoin.com/sleeping-bitcoin-wallet-from-2017-moves-121-63-btc-worth-8-25m-after-7-years/