“This bill is about protecting the hard-earned money of Oklahoma’s citizens,” Representative Cody Maynard said upon introducing the act. Source: https://cointelegraph.com/news/bitcoin-strategic-reserve-bill-oklahoma?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
SEC under Trump could freeze crypto cases not involving fraud: Report
Two of the three Democratic commissioners at the SEC will be leaving before Donald Trump takes office on Jan. 20. Source: https://cointelegraph.com/news/sec-donald-trump-freeze-crypto-enforcement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Oklahoma Becomes Latest State to Consider Bitcoin Reserve Bill
Oklahoma became the latest state to formally consider establishing a strategic Bitcoin reserve on Wednesday, following the lead of President-elect Donald Trump’s assertion that the federal government should create a similar stockpile. Cody Maynard, a Republican member of Oklahoma’s House of Representatives, put forth legislation today that, if approved this upcoming session, would allow state savings accounts and pension funds…
Solana DApp volumes shed 10%, but a rally to $230 is still possible
Solana’s lead over competitors and strong inflows support further bullish momentum even if the network saw a 10% drop in DApp activity. Source: https://cointelegraph.com/news/solana-dapp-volumes-shed-10-but-a-rally-to-230-is-still-possible?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s Correlation With Nasdaq 100 Hits Two-Year High Amid Inflation Concerns
Trading patterns in equity markets reveal that investors are bracing for increased volatility as the latest U.S. inflation report is set to be released. Bitcoin Moving in Tandem With Tech Stocks The correlation between bitcoin and U.S. technology stocks has surged to a two-year high, underscoring how the equity market’s response to the upcoming U.S. […] Source: https://news.bitcoin.com/bitcoins-correlation-with-nasdaq-100-hits-two-year-high-amid-inflation-concerns/
VanEck submits Onchain Economy ETF application to the SEC
According to the filing, the fund will invest 80% or more of its assets in digital transformation companies and digital asset instruments. Source: https://cointelegraph.com/news/vaneck-onchain-economy-etf-sec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Investment Questions Soar, Yet Advisors Remain Cautious
Interest in crypto investment skyrocketed last year, driven by soaring bitcoin (BTCUSD) prices and heightened demand for bitcoin exchange-traded funds (ETFs). According to a recent survey by Bitwise and VettaFi, 96% of financial advisors reported receiving questions about cryptocurrencies from their clients—a significant jump from 88% the previous year. However, only 14% of advisors currently recommend crypto allocations in portfolios,…
USDD 2.0 Set to Launch: 20% APY ‘Fully Subsidized’ by the Tron DAO
On Wednesday, Justin Sun, the founder of Tron, announced the imminent debut of USDD 2.0, highlighting that it will provide a 20% annual percentage yield (APY), with the entirety of the return “fully subsidized” by the Tron DAO. “All interest will be sent in advance to a transparent address,” Sun told his 3.7 million X […] Source: https://news.bitcoin.com/usdd-2-0-set-to-launch-20-apy-fully-subsidized-by-the-tron-dao/
Bitcoin Surges Above $100K as Inflation Fears Fade Ahead of Trump’s Inauguration
The price of Bitcoin topped $100,000 Wednesday, surpassing the psychological mark for the second time since the Federal Reserve’s hawkish outlook put pressure on risk assets. When the U.S. central bank signaled in December that it would cut interest rates at a slower pace this year, Bitcoin tumbled from its peak price above $108,000. As signs of strength in the…
Social Media’s Growing Role in Crypto Investment
As social media continues to expand its influence, its impact on crypto investment behavior is becoming increasingly apparent. A recent study from the University of Georgia highlights the strong connection between social media usage and investment in digital currencies. Cryptocurrencies, also known as “crypto,” are digital assets used for payments and speculative investments. Over the past decade, their popularity has…