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The business intelligence firm Microstrategy has added more to its bitcoin (BTC) holdings, according to a recent post on X by company founder Michael Saylor. Microstrategy Ramps up Bitcoin Reserves In a post shared Sunday evening, Saylor hinted at the acquisition. He followed up on Monday, Dec. 23, with another X post, detailing the latest … Read more
.Michael Saylor, co-founder and executive chairman of Microstrategy, has presented a framework that aims to position the U.S. and the dollar as leaders of the global digital economy. Defining what digital assets are, establishing a simplified responsibility model, and specifying standards for their issuance, are Saylor’s ideas to achieve this goal. Michael Saylor Introduces Guidelines … Read more
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, El Salvador inked an agreement with the IMF that could stop its bitcoin adoption, Argentina announced crypto patrols, and the Brazilian Senate is prepared to discuss crypto. … Read more
On Sunday, President-elect Donald J. Trump revealed that Stephen Miran, who previously served during Trump’s first term, will helm the Council of Economic Advisers. Miran is seen as a pro-bitcoin ally, openly advocating for cryptocurrencies’ role in driving both innovation and economic progress. Trump Taps Stephen Miran to Shape U.S. Economic Policy Stephen Miran, a … Read more
Michael Saylor, co-founder and executive chairman of Microstrategy, brought bitcoin into the spotlight during an online exchange with Jeff Bezos on X. The Amazon founder found himself in the headlines after firmly rejecting claims he was planning a $600 million wedding with fiancée Lauren Sanchez next weekend in Aspen, Colorado. From Wedding Whispers to Bitcoin … Read more
Over the past month, the stablecoin market has swelled over $200 billion, and two fiat-backed tokens have experienced eye-catching expansions. Ethena’s yield-generating stablecoin, USDE, has grown rapidly, now approaching 6 billion in supply. Meanwhile, Usual’s USD0 supply has crossed the 1 billion threshold. Ethena’s USDE and Usual’s USD0 Shake Up a $204B Stablecoin Market December … Read more
U.S. Senator Cynthia Lummis recently reinforced the intention of extending faculties to the Federal Reserve to purchase and own bitcoin as part of its reserve assets. Lummis stated that the U.S. debt can be repaid through a bitcoin strategic bitcoin reserve, as proposed in her BITCOIN Act. US Senator Cynthia Lummis Proposes Allowing the Federal … Read more
The U.S. Securities and Exchange Commission (SEC) announced that Tai Mo Shan Ltd. has agreed to pay $123 million to resolve allegations of misleading investors about the stability of terrausd, Terra’s algorithmic stablecoin. Tai Mo Shan Settles SEC Allegations Over Terrausd for $123 Million Tai Mo Shan, a subsidiary of Jump Crypto Holdings, was accused … Read more
For four days straight, bitcoin’s historic high of $108,000 has been in the rearview mirror, with the digital asset now dipping over 10% from its peak. Yet, while the price has cooled, long-dormant bitcoins are springing to life, making their way to new wallets. From Dormant to Dynamic In the past 12 hours, bitcoin has … Read more
This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug. 5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559. The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.74 ETH … Read more
