“Due to its verifiable fixed supply, Bitcoin is the most inflation-resistant store of value available,” the proposal read. Source link
Day: January 10, 2025
US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares
The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say. Source link
Pro-crypto advocate Ammon Simon appointed chief counsel to Senate Banking Committee
Key Takeaways Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs. Simon’s appointment is expected to influence crypto regulation, promoting innovation with investor protection. Share this article Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs, according to his LinkedIn announcement. Simon previously served as counsel to SEC Commissioner Hester M. Peirce, where he focused on regulatory policies for crypto assets and emerging financial technologies. During his tenure at the SEC, he…
New Hampshire, North Dakota introduce bills for Strategic Bitcoin Reserve
According to Satoshi Action Fund CEO Dennis Porter, the North Dakota BTC bill “already has 11 sponsors.” Source link
Meta urged to consider Bitcoin Treasury shareholder proposal
Key Takeaways A proposal urges Meta to add Bitcoin to its corporate treasury, similar to proposals made to Microsoft and Amazon. The advocacy points to successful Bitcoin adoption by companies like MicroStrategy and its potential as a hedge against inflation. Share this article Ethan Peck, an employee at the National Center for Public Policy Research, has submitted a Bitcoin Treasury Shareholder Proposal to Meta on behalf of his family’s shares. National Center Bitcoin proposal As shared by Tim Jotzman, a consulting businessman and Bitcoin advocate, the initiative was highlighted in…
Why You May Want To Redeem Your Bitcoin From THORChain's Lending Service
Follow Frank on X. Two days ago, the atebites X account pointed out that THORChain’s lending service currently has nowhere near enough bitcoin to repay its creditors. As of the time of the post, the total amount of bitcoin to be repaid to depositors was 1,604, while the lending pool only had 592 bitcoin in it. We need to be raising awareness on just how bad of a shape Thorchain lending is right now, posing a potential risk to the protocol itself. As it stands, at current mark to market…
Privacy Shouldn't Be A Product, Stop Treating It Like One
Privacy is a very important issue. It can be how you manage keeping parts of your life separate. It can be how you maintain your sense of dignity. It can be how you respect someone else’s trust. It can be a matter of your safety, even your life. At the center of all these things, it is the control over your own information. Specifically, control over who is made aware of what. Understanding who you have to trust to keep your privacy, who you don’t have to trust, how difficult…
DOGS memecoin releases roadmap for first half of 2025
“Our mascot will make appearances at major events, providing unique experiences for our users,” the DOGS team announced. Source link
Bitcoin analysts explain why BTC could avoid a drop under $90K
Bitcoin whales, an increase in speculative appetite and other macroeconomic factors are playing a role in keeping BTC price above $90,000. Source link
What is DeFAI? How AI is driving the next wave of DeFi innovation
Key Takeaways DeFAI bridges AI and DeFi, introducing a new era of on-chain automation. Autonomous agents in DeFAI handle complex activities like staking and liquidity management within secure frameworks. Share this article DeFAI, the intersection of artificial intelligence (AI) and decentralized finance (DeFi), is rapidly transforming the crypto industry. This emerging term, though inclusive of AI agents and AI-driven tokens, prominently focuses on the automation of on-chain activities through autonomous trading agents, abstraction layers, and AI-powered decentralized applications (dApps). The trend initially gained momentum with the AI agent meta, starting…