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Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?
Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?Republican Senator Cynthia Lummis from Wyoming plans to push a proposal named the BITCOIN Act in the next Congress, which would require the US government to purchase 1 million Bitcoins, representing nearly 5% of the cryptocurrency's circulating supply. This proposal has sparked widespread discussion, becoming a prominent issue in American politics...
Blockchain 2024-11-15 13:21:52 -
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 -
The US Establishing a Bitcoin Strategic Reserve: Low Probability, But Potentially A Global Crypto Boom
The US Establishing a Bitcoin Strategic Reserve: Low Probability, But Potentially A Global Crypto BoomProminent cryptocurrency investors believe that the chances of the US establishing a Bitcoin strategic reserve are very low, but if it happens, it could force other countries to buy Bitcoin and potentially trigger a massive surge in global cryptocurrency prices.Michael Novogratz, billionaire CEO of cryptocurrency investment firm Galaxy Digital, says the chances of the US establishing a Bitcoin strategic reserve along the lines of what President-elect Trump proposed are low...
Blockchain 2024-11-15 08:31:34 -
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 -
US Stocks Open Slightly Higher, Bitcoin Plunges Over $3,500, Market Expectations for December Rate Cut Rise
US Stocks Open Slightly Higher, Bitcoin Plunges Over $3,500, Market Expectations for December Rate Cut RiseMarketsUS stocks opened slightly higher on November 14, with the Dow Jones Industrial Average up 0.10%, the Nasdaq Composite up 0...
Blockchain 2024-11-15 02:03:50 -
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 -
Tencent Applies for Blockchain Data Processing Patent to Enhance Data Storage Efficiency for Application Clients
Tencent Applies for Blockchain Data Processing Patent to Enhance Data Storage Efficiency for Application ClientsFinancial World, November 14, 2024 - Information from the State Intellectual Property Office reveals that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-11-14 20:33:17 -
Apple Accused of Antitrust! iCloud Subscription Prices Too High? 40 Million UK Users to Receive Compensation?
Apple Accused of Antitrust! iCloud Subscription Prices Too High? 40 Million UK Users to Receive Compensation?Consumer rights group "Which?" has filed an antitrust lawsuit against Apple on behalf of approximately 40 million iCloud users in the UK, accusing the company of violating competition law and seeking 3 billion (approximately 3.5 billion) in damages...
Mobile Internet 2024-11-14 19:27:47 -
OnePlus 13 Receives Major System Update: Macro Close-up, iOS Live Photo Sharing and More
OnePlus 13 Receives Major System Update: Macro Close-up, iOS Live Photo Sharing and MoreOnePlus has officially announced a new system update for the OnePlus 13, teasing some key features and improvements. The most notable additions include a new macro close-up feature and the ability to seamlessly share Live Photos with iOS devices...
Mobile Internet 2024-11-14 18:38:56
