Prominent Bitcoin supporter Michael Saylor recently met with Eric Trump at Mar-a-Lago, where they discussed their shared passion for cryptocurrency. Saylor posted a photo of their meeting, stating, “Bitcoin is on the menu at Mar-a-Lago.” This interaction has generated interest, as Eric Trump has been vocal about his belief in Bitcoin’s future potential. He previously ...
The global financial landscape is shifting as countries explore Central Bank Digital Currencies (CBDCs) to improve payment systems. CBDCs enable faster, cheaper, and direct currency exchanges between nations, reducing the reliance on the U.S. dollar. With projects like China’s digital yuan gaining momentum, the U.S. risks losing its dominant position if it does not modernize ...
Vivek Ramaswamy’s Strive Asset Management is making a significant move in the evolving investment landscape by filing for the Strive Bitcoin Bond ETF with the SEC. This innovative fund aims to invest at least 80% in Bitcoin, while also offering exposure to convertible securities from MicroStrategy, a leader in Bitcoin adoption. Strive’s approach allows investors ...
SOLOWIN Holdings, trading on NASDAQ as SWIN, has partnered with a group of financial institutions, including HSBC and Hang Seng Bank, to participate in the Hong Kong Monetary Authority’s Project Ensemble Sandbox. Launched in August 2024, this project aims to explore the use of tokenized currencies and assets, focusing on fixed income and investment funds. ...
Russian companies are turning to Bitcoin and other cryptocurrencies for international payments due to Western sanctions. With Chinese banks significantly reducing their transaction support for Russia over concerns about access to U.S. financial markets, the use of digital currencies has become increasingly important. Russian Finance Minister Anton Siluanov confirmed that domestically mined Bitcoin is being ...
Israel is launching six Bitcoin-linked mutual funds on December 31, highlighting a growing confidence in cryptocurrency investments. Approved by the Israel Securities Authority, these funds will start with single daily transactions, with potential plans for continuous trading in the future. This move aligns with global trends as Bitcoin exchange-traded funds (ETFs) gain popularity, particularly in ...
Israel is set to launch six Bitcoin-linked mutual funds on December 31, marking a major development in its cryptocurrency investment Market. Approved by the Israel Securities Authority, these funds will initially allow single daily transactions, with potential for continuous trading in the future. This initiative reflects growing confidence in digital assets and aligns Israel with ...
As the 119th U.S. Congress begins its term, cryptocurrency is expected to take center stage, particularly under President-elect Donald Trump’s agenda. Trump, who previously criticized cryptocurrencies, is now promoting the idea of a “bitcoin federal reserve” and aims to position the U.S. as a global leader in the crypto space. Analysts predict significant moves in ...
Donald Trump, set to take office as President again, may issue an Executive Order to create a Strategic Bitcoin Reserve. This plan involves using the Treasury’s Exchange Stabilization Fund, which has over $200 billion in assets, to purchase Bitcoin. Trump’s allies, including Senator Cynthia Lummis, support this initiative, aiming to accumulate significant Bitcoin reserves for ...
As 2024 begins, Donald Trump’s presidency points towards a more bitcoin-friendly approach, potentially encouraging state governments to embrace cryptocurrency investments. Supporters view bitcoin as a valuable hedge against inflation, similar to gold, while critics caution that investing in crypto is highly speculative and carries significant risks. Currently, only a few public pension funds have ventured ...
