Day: January 23, 2025

Senator Lummis to unveil major development regarding strategic Bitcoin reserve at 10 a.m.

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Key Takeaways Senator Lummis is advocating for a US strategic Bitcoin reserve strategy to address inflation concerns. The BITCOIN Act proposes the US Treasury acquire 1 million Bitcoins over five years with a 20-year holding period. Share this article Senator Cynthia Lummis is set to make a major announcement today at 10 a.m., which could reveal a significant development in her ongoing advocacy for a US strategic Bitcoin reserve. ₿ig things are coming👀 — Senator Cynthia Lummis (@SenLummis) January 23, 2025 Lummis posted on X, “Big things are coming,” with…

XRP Consolidates Near Key Levels: The Implications Of A Breakout

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XRP is currently navigating a pivotal phase, trading within a well-defined consolidation range of $2.9 to $3.4. This narrow band reflects a balanced struggle between bullish optimism and bearish caution as neither side has yet mustered the strength to trigger a decisive price movement.  Historically, such periods of consolidation are often precursors to significant market shifts, making this a critical moment for XRP enthusiasts and traders alike. A breakout above the upper boundary at $3.4 will probably act as a bullish catalyst, indicating renewed momentum and attracting fresh buying interest. …

Ledger co-founder David Balland released following kidnapping and sensitive rescue operation

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Key Takeaways David Balland was kidnapped in Vierzon, France, on Tuesday. Due to the danger to Balland’s life, the media was asked to withhold reporting on the kidnapping for 48 hours. Share this article A tense 48 hours ended with the safe return of David Balland, co-founder of crypto hardware wallet giant Ledger, after he was kidnapped in Vierzon, France, on Tuesday, according to French outlet Le Parisien. Gregory Raymond, head of research and co-founder of The Big Whale, confirmed the information. Initial rumors on X incorrectly identified Ledger’s other…