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The Lummis Proposal: Selling Fed Gold to Buy a Million Bitcoins
The Lummis Proposal: Selling Fed Gold to Buy a Million BitcoinsSenator Cynthia Lummis, a Republican from Wyoming, plans to introduce a bill in the next Congress that would sell a portion of the Federal Reserve's gold reserves to create a strategic Bitcoin reserve. The legislation would require the US to purchase 1 million Bitcoin, representing nearly 5% of the outstanding coins...
Blockchain 2024-11-15 11:47:12 -
US Senator Proposes Selling Fed Gold to Fund Trumps Bitcoin Strategy Reserve
US Senator Proposes Selling Fed Gold to Fund Trumps Bitcoin Strategy ReserveOn November 15th, a Senate ally of US President-elect Donald Trump proposed a plan to fund the presidents proposed Bitcoin strategic reserve without increasing the government deficit. Republican Senator Cynthia Lummis of Wyoming plans to introduce the bill in the next Congress, which would require the US to purchase 1 million Bitcoins, representing nearly 5% of the circulating coins...
Blockchain 2024-11-15 11:12:56 -
US Senator Proposes Selling Gold Reserves for 1 Million Bitcoin, Sparking Market Debate
US Senator Proposes Selling Gold Reserves for 1 Million Bitcoin, Sparking Market DebateCynthia Lummis, a Republican Senator from Wyoming and an ally of President-elect Donald Trump in the US Senate, is proposing a bold plan: selling a portion of the Federal Reserve's gold reserves and using the proceeds to purchase 1 million Bitcoin. This proposal is aimed at fulfilling Trump's proposed strategy of establishing a Bitcoin strategic reserve...
Blockchain 2024-11-15 10:12:20 -
Tesla CEO Elon Musk Forms "Department of Government Efficiency": Seeking "Revolutionaries" to Cut Budget, No Pay!
Tesla CEO Elon Musk Forms "Department of Government Efficiency": Seeking "Revolutionaries" to Cut Budget, No Pay!Tesla CEO Elon Musk announced on Thursday the formation of an advisory committee called "Department of Government Efficiency" (DOGE) aimed at providing recommendations for cutting the federal budget. Co-led by Musk and Republican presidential candidate Vivek Ramaswamy, the committee has pledged to recruit "revolutionaries" to tackle this "monumental task...
Industry dynamics 2024-11-15 07:50:17 -
Bitcoin Drops Below $87,000, Plunging Nearly 4% Intraday
Bitcoin Drops Below $87,000, Plunging Nearly 4% IntradayEveryjing AI News: Bitcoin prices have fallen below $87,000, with the cryptocurrency experiencing a near 4% drop in the day. ...
Blockchain 2024-11-15 07:35:14 -
Bitcoin Plunges Below $87,000, Dropping Nearly 4% in a Day
Bitcoin Plunges Below $87,000, Dropping Nearly 4% in a DayBitcoin prices experienced a significant decline today, falling below $87,000 and registering a nearly 4% drop within the day. This drop has sparked concerns in the market about the future trajectory of cryptocurrencies...
Blockchain 2024-11-15 07:22:42 -
Xiaomi 15 Ultra Details Revealed: Design, Camera, and Performance Upgrades Fuel Expectations!
Xiaomi 15 Ultra Details Revealed: Design, Camera, and Performance Upgrades Fuel Expectations!The highly anticipated Xiaomi 15 Ultra has revealed more details recently. From its design to its imaging capabilities and core specifications, every aspect showcases the powerful potential of this flagship phone...
Mobile Internet 2024-11-14 23:35:44 -
Honor 300 Pro+: The Return of the Ultra-Flagship, Delivering Unprecedented Impact
Honor 300 Pro+: The Return of the Ultra-Flagship, Delivering Unprecedented ImpactThe Honor digital series has been missing the ultra-flagship version for a while, and the absence of the Pro+ version left a little regret. But this year, the Honor 300 Pro+ suddenly appeared, making a powerful return...
Mobile Internet 2024-11-14 23:35:28 -
Image and Performance Combined! The vivo S20 Pro is Coming Soon, Flagship-Level Configuration Sparks Anticipation
Image and Performance Combined! The vivo S20 Pro is Coming Soon, Flagship-Level Configuration Sparks AnticipationChoosing a phone that excels in both photography and performance can be a headache for budget-conscious users. Powerful performance often comes with a sacrifice in camera capabilities, while excellent photography may compromise performance...
Mobile Internet 2024-11-14 23:31:26 -
Xiaomi's Pengpai OS2 Update Accelerates: Model List Revealed, Experience Upgraded!
Xiaomi's Pengpai OS2 Update Accelerates: Model List Revealed, Experience Upgraded!As smart devices continue to evolve, user expectations for operating systems are also rising. This year's smartphone market is fiercely competitive, and without a new operating system version that brings intelligent experiences and underlying restructuring, it's difficult to attract users' attention...
Mobile Internet 2024-11-14 23:31:00 -
Bitcoin Plunges Over $2,000 in Short Sell-off, Now Trading at $89,500
Bitcoin Plunges Over $2,000 in Short Sell-off, Now Trading at $89,500According to the report from the Every Finance AI News, Bitcoin prices plummeted by over $2,000 on November 14th, currently trading at $89,500. The reason for this sudden drop is yet unclear, but industry experts believe it could be related to recent market sentiment fluctuations and some negative news...
Blockchain 2024-11-14 22:59:43 -
The iQOO Neo10 series is about to be released: 120W fast charging, large battery, thin and light body, a new benchmark for performance flagships
The iQOO Neo10 series is about to be released: 120W fast charging, large battery, thin and light body, a new benchmark for performance flagshipsRecently, iQOO officially started the preheating of the new iQOO Neo10 series. This highly anticipated new phone will soon meet with everyone...
Mobile Internet 2024-11-14 22:00:07