Bitcoin treasury company MicroStrategy is so keen to buy its favorite asset that it has a new strategy: Increasing the amount of stock it has to sell to help finance the crypto purchases. The software company’s shareholders voted for a 30x increase to the number of authorized Class A common shares, Bloomberg reported, citing a recording of the meeting. The…
Author: Crypto Superhero
Crypto Avoided on Day 1, Coinbase faces SOL FUD, TRUMP falls 40%
Crypto Avoided on Day 1, Coinbase faces SOL FUD, TRUMP falls 40% MicroStrategy buys 11k more BTC for $1.1bn. Ross Ulbricht set to be freed. Coinbase slammed for delayed SOL transactions. ETH foundation to use 50k ETH to support DeFi. Vitalik says he will decide ETH foundation leadership. ETH/BTC at 4 year lows, options stay bearish. Utah proposes bill to…
Trump Announces $500 Billion AI Investment Initiative to Spur Growth
President Donald Trump unveiled a $500 billion private-sector initiative on Tuesday to strengthen U.S. artificial intelligence infrastructure and spur growth. Dubbed the Stargate Project, the plan comes a day after he repealed a Biden-era executive order aimed at regulating AI risks. The new AI initiative will include several leading AI developers, including ChatGPT creator OpenAI, Oracle, and Japanese Conglomerate Softbank.…
Trump Appoints Crypto-Friendly Acting SEC Chair, Signaling Regulatory Shift
President Trump’s appointment of Acting SEC Chair signals a pro-crypto shift, with promises of clearer regulations to foster innovation and economic growth. Acting SEC Chair Pushes for Clearer Crypto Regulation, Replacing Gensler’s Tough Stance President Donald Trump has appointed Mark T. Uyeda as Acting Chairman of the U.S. Securities and Exchange Commission (SEC), the agency […] Source: https://news.bitcoin.com/trump-appoints-crypto-friendly-acting-sec-chair-signaling-regulatory-shift/
Trump’s Meme Coin Whipsaws After President Says He ‘Doesn’t Know Much About It’
Donald Trump’s viral meme coin saw significant volatility on Tuesday after the President attempted to distance himself from the $8 billion project that bears his name. “I don’t know much about it other than I launched it,” Trump told reporters at a tech executive meeting. “I heard it was very successful. I haven’t checked.” After climbing to a 24-hour high…
Promise Fulfilled: President Trump Issues Full Pardon to Silk Road Creator Ross Ulbricht
Fulfilling one of his campaign promises, President Trump has issued a full pardon to Ross Ulbricht, creator and operator of Silk Road, one of the largest dark net markets ever created. Silk Road was one of the pioneering markets in the utilization and adoption of cryptocurrency. In truth Social, President Trump stated he called Ulbricht’s […] Source: https://news.bitcoin.com/promise-fulfilled-president-trump-issues-full-pardon-to-silk-road-creator-ross-ulbricht/
Trump pardons Silk Road creator Ross Ulbricht
US President Donald Trump has followed through on his promise to pardon Ross Ulbricht, the founder of the online drug market Silk Road, who was imprisoned for over a decade. Source: https://cointelegraph.com/news/trump-pardon-ross-ulbricht-silk-road?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump Pardons Former Silk Road Founder and Bitcoin Icon Ross Ulbricht
President Donald J. Trump announced Tuesday the pardon of Ross Ulbricht, founder of the Silk Road online marketplace. In a social media post on Truth Social, Trump said he had granted Ulbricht a “full and unconditional pardon,” citing support from the Libertarian movement and criticizing the government’s handling of Ulbricht’s case. Ulbricht, 40, was convicted in 2015 on charges including…
MIND of Pepe Presale Hits $2M – Next Big AI Agent Crypto?
AI crypto projects are a top narrative right now – and MIND of Pepe (MIND) is looking to capitalize. Its presale has raised over $2.5 million in less than a week. The early hype has been compounded after one well-known crypto analyst called out its huge potential, citing its mix of AI trading features and […] Source: https://news.bitcoin.com/mind-of-pepe-presale-hits-2m-next-big-ai-agent-crypto/
‘Wartime’ Vitalik, DeFi Moves, and Milady Vibes—What’s Up With the Ethereum Foundation?
Milady PFPs, an angry Vitalik Buterin, and leadership shakeups—what exactly is going on at the Ethereum Foundation these days? For months, Ethereum holders have complained that the network’s leadership appears often more focused on niche technical objectives than public perception and political considerations that have become increasingly critical to other top industry projects and companies. Certainly, the fact that ETH’s…