Articles for tag: Bitcoin, cloud mining, Cryptocurrency, Investment, passive income, U.S. Government, XY Miners

Market News

Barry Silbert Admits Mistake: Should Have Just Held Bitcoin Instead of Selling

Barry Silbert, CEO of Digital Currency Group, shared insights on a recent podcast, revealing that holding onto Bitcoin instead of investing in early-stage crypto projects may have yielded better returns. Silbert, who began investing in Bitcoin around 2011 when prices were just $7-$8 per coin, expressed regret over using his Bitcoin to fund investments like ...

Market News

Bitcoin Price Surge: BPI Highlights Key US Move to Propel BTC to $1 Million – TradingView Insights

In the recent episode of the “Bitcoin Policy Hour,” experts from the Bitcoin Policy Institute explored how a single U.S. government policy decision could significantly boost Bitcoin’s value. Executive Director Matthew Pines noted that the current global monetary system has remained unchanged since 1973 but is now facing challenges, particularly from powerful countries like China. ...

Market News

Gold Profits May Fuel Government Bitcoin Strategy, Claims Trump’s Crypto Chief

The U.S. government is implementing the Strategic Bitcoin Reserve (SBR) policy and exploring budget-neutral strategies to manage it. Bo Hines, the Executive Director on Digital Assets, suggests using gold certificates as a way to acquire more Bitcoin. These certificates are priced lower than actual gold, potentially enabling the government to profit when purchasing Bitcoin. The ...

Market News

OpenAI and Google Urge US Government to Take Action for AI Leadership and Security

OpenAI and Google are urging the U.S. government to take strong action to maintain the country’s leadership in artificial intelligence (AI). As competition increases, especially from China, both companies emphasize the importance of a coordinated AI Action Plan. OpenAI highlights AI’s potential to enhance productivity and freedom, while advocating for open access to advanced AI ...

Market News

White House Distinguishes Bitcoin from Digital Assets at Inaugural Crypto Summit: Key Insights and Implications for the Future

In a groundbreaking move at the inaugural White House Crypto Summit, President Donald Trump declared that the U.S. will adopt the Bitcoin principle of “never sell your Bitcoin.” He announced the establishment of a Strategic Bitcoin Reserve to hold onto the nation’s Bitcoin assets, emphasizing a shift from past administrations that sold significant amounts. Trump ...

Market News

Michael Saylor Suggests US Plans to Acquire 1 Million Bitcoin for National Strategic Reserve Benefits

Michael Saylor, the executive chairman of Strategy, recently suggested that the U.S. government might purchase 1 million Bitcoin to create a strategic reserve. This idea aligns with a proposal from Senator Cynthia Lummis and involves a gradual acquisition strategy over four years. During a Fox Business interview, Saylor highlighted the value of existing U.S. Bitcoin ...

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