Dennis Porter, CEO and co-founder of the Satoshi Action Fund, recently announced the open-sourcing of a document for enacting Strategic Bitcoin Reserve laws internationally. He stated that several lawmakers are using the legislative model and that a related executive order to implement it could be on its way. Satoshi Action Fund CEO Releases Strategic Bitcoin […] Source: https://news.bitcoin.com/satoshi-action-fund-open-sources-strategic-bitcoin-reserve-model-hints-at-executive-order-implementation/
Month: November 2024
AI and big data tokens surge 131% amid Bitcoin rull run
AI and big data crypto projects rebound sharply, nearing all-time highs as investor confidence surges in the ongoing Bitcoin rally. Source: https://cointelegraph.com/news/ai-big-data-tokens-surge-bitcoin-bull-run?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Multichain self-custody is the future
As blockchain ecosystems expand, multichain self-custody wallets emerge as a potential solution to fragmentation issues, promising improved user experience and broader Web3 adoption. Source: https://cointelegraph.com/news/multichain-self-custody-is-the-future?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin metric breakout teases 'inevitable' 90% BTC price rally next
Bitcoin bulls are getting rare key breakout signs from classic BTC price chart metrics this month. Source: https://cointelegraph.com/news/bitcoin-metric-breakout-inevitable-90-btc-price-rally-next?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
California judge rules DAO members liable under partnership laws
A16z Crypto’s Miles Jennings posted on X that the ruling is a “huge blow” to decentralized governance. Source: https://cointelegraph.com/news/california-judge-rules-dao-members-liable-under-partnership-laws?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury
Chicago-based Cosmos Health, a publicly traded, vertically integrated global healthcare company, is diving into the crypto space by incorporating digital assets into its treasury reserves. A Publicly Traded Healthcare Firm’s Bold Plan to Add Bitcoin to Its Treasury On Monday, the company announced through a series of press releases issued online that it would follow […] Source: https://news.bitcoin.com/planning-ahead-cosmos-health-looks-to-add-bitcoin-and-ethereum-to-its-treasury/
California Court Rules Lido DAO Members Can Be Held Liable Under Partnership Laws
A federal court judge ruled on Monday that Lido DAO, the governing body behind the popular liquid staking protocol, can be treated as a general partnership under state law. The court rejected Lido’s claim that it isn’t a legal entity, classifying it as a general partnership and setting a precedent for how profit-driven DAOs are treated. It was also ruled…
Why US spot Bitcoin options launch is such a big deal
“The floodgates for Bitcoin’s next evolution in financial markets are about to open,” says Bitcoin custody firm Theya Head of Growth Joe Consorti. Source: https://cointelegraph.com/news/why-us-spot-bitcoin-options-launch-such-a-big-deal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance clarifies BFUSD isn’t a stablecoin as X gets Terra flashbacks
Binance has clarified its forthcoming BFUSD asset is not a stablecoin as crypto users started freaking out over its promise of high yields. Source: https://cointelegraph.com/news/binance-clarifies-bfusd-not-stablecoin-x-users-question-yield?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Judge rejects Kraken’s bid to challenge decision in SEC case
Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities. Source: https://cointelegraph.com/news/us-judge-rejects-kraken-bid-appeal-sec-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound