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Trump Ally Proposes Selling Gold Reserves to Buy Bitcoin, US to Establish "Strategic Bitcoin Reserve"?
Trump Ally Proposes Selling Gold Reserves to Buy Bitcoin, US to Establish "Strategic Bitcoin Reserve"?Amidst Trump's upcoming bid for a second term in the next Congress, his ally, US Senator Cynthia Lummis, has put forward a bold proposal: to establish a "strategic bitcoin reserve" as proposed by Trump, by selling off a portion of the Federal Reserve's gold reserves and using the proceeds to purchase Bitcoin. This plan has sparked heated debate, and market reaction to the proposal has been mixed...
Blockchain 2024-11-15 16:48:31 -
Is Trump Really Good for Bitcoin? Wall Street Journal Columnist: The Three Reasons for Bitcoin Bullishness Are All Wrong
Is Trump Really Good for Bitcoin? Wall Street Journal Columnist: The Three Reasons for Bitcoin Bullishness Are All WrongSince the night of the US presidential election, the price of Bitcoin has skyrocketed, adding nearly $500 billion in market value in less than two weeks, a near one-third increase. However, some market analysts believe that Trump's policies on cryptocurrency may not be good news, and may even lead to an outflow of funds from the Bitcoin market...
Blockchain 2024-11-15 16:26:11 -
Trump Ally Proposes US Stockpiling Millions of Bitcoins: A Battle Forged in Fire
Trump Ally Proposes US Stockpiling Millions of Bitcoins: A Battle Forged in FireCynthia Lummis, a Republican Senator from Wyoming and an ally of President-elect Trump, is brewing a bold plan. According to Caixin Global's report, Senator Lummis intends to introduce a bill called the "BITCOIN Act" in the new Congress...
Blockchain 2024-11-15 15:31:59 -
Blockchain Holdings Applies for Digital Signature Acquisition Patent to Enhance Data Security and Credibility
Blockchain Holdings Applies for Digital Signature Acquisition Patent to Enhance Data Security and CredibilityFinancial World, November 15, 2024 According to the National Intellectual Property Administration, Blockchain Holdings Co., Ltd...
Blockchain 2024-11-15 13:59:30 -
State Grid Gansu Electric Power Applies for Patent for "Blockchain-Based Power Core Data Provenance System" Aiming to Enhance Data Security and Processing Efficiency
State Grid Gansu Electric Power Applies for Patent for "Blockchain-Based Power Core Data Provenance System" Aiming to Enhance Data Security and Processing EfficiencyInformation from the State Intellectual Property Office reveals that State Grid Gansu Electric Power Information and Communication Company and State Grid Gansu Electric Power Company filed a patent application in July 2024 for a "Blockchain-Based Power Core Data Provenance System," with publication number CN118944922A. This patent aims to address the security and efficiency issues in the management of safety data at power sites by utilizing blockchain technology to build a complete power core data provenance system...
Blockchain 2024-11-15 13:57:30 -
Industrial Bank Applies for Blockchain Patent to Enhance Smart Contract Management Security
Industrial Bank Applies for Blockchain Patent to Enhance Smart Contract Management SecurityOn November 15, 2024, information released by the National Intellectual Property Administration of China revealed that Industrial Bank Co., Ltd...
Blockchain 2024-11-15 13:43:11 -
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 -
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 -
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 -
Xiaomi 15 Ultra Rendered Image Leaked: Imaging System Upgraded, Ultra-Premium Imaging Battle Rekindled!
Xiaomi 15 Ultra Rendered Image Leaked: Imaging System Upgraded, Ultra-Premium Imaging Battle Rekindled!Last month, Xiaomi officially launched the Xiaomi 15 series. Thanks to its excellent feel and impressive performance release, it achieved impressive sales figures during the just concluded "Double 11" shopping festival...
Mobile Internet 2024-11-14 22:04:15
