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Bitcoin in National Reserves has become quite a fascinating topic of discussion right now, especially as trust in the United States dollar continues to face certain challenges. According to a recent and rather surprising survey, about 80% of Americans would actually prefer to see some portion of the national gold reserves converted into bitcoin, which really does signal a remarkable shift in public sentiment toward cryptocurrency. 4 in 5 Americans want some US gold reserves converted to bitcoin. pic.twitter.com/ibxXfe04g5 — The Nakamoto Project (@NakamotoProjct) May 19, 2025 Also Read: Goldman Sachs: MAG7 Hits 7-Year Low Amid AI, Trade & Antitrust Fears Why Bitcoin Tops Gold as America’s New Currency Hedge of Choice Source: Watcher Guru Many Americans are currently viewing Bitcoin in National Reserves as a potential hedge against inflation and also currency devaluation. This growing preference for cryptocurrency over traditional assets like gold seems to reflect increasing concern...

Bitcoin is witnessing a 16-year high in 30-year U.S. government bond yields, and money printing is all but guaranteed, says the ex-BitMEX CEO. Bitcoin (BTC) flipping full bull could come courtesy of the United States government, a new prediction says. In an X thread on Oct. 4, Arthur Hayes, former CEO of crypto exchange BitMEX, eyed ballooning yields as precursor to a new Bitcoin and crypto bull market . Hayes: Bitcoin bulls should eye U.S. "no way out" moment U.S. treasury yields are “screaming higher,” and with that, Hayes believes that a macroeconomic flashpoint is only a matter of time. The reason comes in the form of a so-called “bear steep ener” — a phenomenon that describes long-term interest rates rising more quickly than short-term ones. “Why do I love these markets right now when yields are screaming higher? Bank models have no concept of a bear steepener occurring,” he argued. Given the current steep rise in the 2s30s curve — the difference between the 30-year an...

Invesco, Bitwise and Valkyrie are the other three firms that were hit with delays by the SEC. The United States securities regulator has delayed the decision on several spot Bitcoin exchange-traded fund (ETF) proposals, including BlackRock, ahead of an anticipated government shutdown.  Invesco, Bitwise and Valkyrie are the other three firms that were hit with delays by the Securities Exchange Commission in separate Sept. 28 filings. Bloomberg ETF analyst James Seyffart is also expecting the applicants of Fidelity, VanEck and WidsomTree to be pushed back by the securities regulator. ANOTHER: @BlackRock joins the party on spot #Bitcoin ETF delays . Three out of seven down. https://t.co/Cn9DSibqf8 pic.twitter.com/eJTzDNInCi — James Seyffart (@JSeyff) September 28, 2023 The latest delays by the SEC come two weeks ahead of the second deadline for many applicants who were expecting to hear from the securities regulator by Oct. 16-19. The U.S. Government is looking at a potential ...

Analysts at Elliptic estimate over 140 unique crypto addresses have been involved in the global fentanyl trade. Fentanyl precursor suppliers received over $32 million worth of crypto over the past few years as the synthetic opioid epidemic continues in the U.S. According to data from Elliptic, around 80 individual clusters featuring 144 unique crypto addresses have been involved in the exportation of fentanyl precursors to major Mexican drug cartels such as the Sinaloa Cartel and Cartel Jalisco Nueva Generación. Although crypto is not the only payment method in the chain, Elliptic found that suppliers are open for payments on the Bitcoin (BTC), Ethereum (ETH), and TRON (TRX) blockchains — mainly for Tether (USDT) transactions — as well as one Monero (XMR) address. Crypto payments for fentanyl precursor suppliers | Source: Elliptic You might also like: U.S. drug regulator mistakenly sent $55k to scammer However, USDT is not the dominant asset used in the scheme as...

Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing the Money Transmitter License in Arkansas. Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States. Alchemy Pay has obtained a Money Transmitter License in the state of Arkansas, the firm announced to Cointelegraph on Sept. 20. Granted by the Arkansas Securities Department, the license officially enables Alchemy Pay to operate services like selling or issuing payment instruments, stored value, prepaid access, as well as receiving money , virtual currency, or monetary value for transmission. In receiving the Money Transmitter License, Alchemy Pay joins the ranks of many cryptocurrency firms that are authorized to provide crypto-to-fiat transactions in Arkansas, including Coinbase, Jack Dorsey’s Block, MoonPay, bitFlyer exchange and others. The license marks a significant milestone in Alchemy Pay’s efforts...

Also Read: Terra Luna Classic Validators Divided On Proposal To Revive USTC And LUNC To $1 advertisement The New Apple iPhone 15 Series Speculation is rife that Apple would be unveiling the new iPhone 15, the iPhone 15 Plus, the iPhone 15 Pro and the iPhone 15 Pro Max, while customers would also be looking forward to hearing updates on Apple Vision Pro, the upcoming mixed-reality headset. On the other side, updates on the Apple Watch revision would be closely looked at. The event, also called as ‘Wanderlust’, will be livestreamed from Cupertino, California. Here’s the livestreaming link for the Apple annual keynote event 2023: Apple Event - September 12" width="678" height="381" src="about:blank" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen data-rocket-lazyload="fitvidscompatible" data-lazy-src="https:/...

United States District Court Judge Katherine Polk Failla is also the judge overseeing the SEC's lawsuit against crypto exchange Coinbase. A United States District Court judge has called Ether (ETH) a commodity in her dismissal of a class action lawsuit against the decentralized exchange Uniswap. In an Aug. 30 dismissal order of the case brought by Uniswap users who claimed they lost money due to scam tokens on the exchange — Judge Katherine Polk Failla wrote ETH and Bitcoin (BTC) were “crypto commodities.” The distinction was also part of her reasoning for dismissing the case — Failla said she wasn’t convinced by an argument that Uniswap’s token sales were subject to the Exchange Act. Interestingly, Failla is also the judge overseeing the SEC lawsuit against Coinbase. She has also had previous experience in overseeing other crypto cases in the past, including one involving Tether and Bitfinex.  The SDNY (Failla, J.) also explicitly found in its August 29 decision in Risely v. ...

Coinbase CEO Brian Armstrong has affirmed their commitment to remain in the US, dismissing any notion of departure.  Earlier, Armstrong had raised concerns about the uncertain crypto regulatory landscape in the country and hinted at the possibility of relocating Coinbase overseas if circumstances warranted such a move. In an interview, Armstrong emphasized that Coinbase had no intention of departing and underlined the immense significance of the US market for the exchange.  He reiterated its dedication to adhering to US regulations. Despite acknowledging the region’s potential as a robust crypto market, Armstrong admitted the challenges posed by regulatory ambiguity. Nonetheless, Coinbase remain s determined to navigate these complexities and foster a more straightforward crypto regulatory framework. You might also like: Coinbase Q2 report exceeds analyst expectations despite legal battle with SEC On Aug. 4, Coinbase’s counsel Paul Grewal formally request...

ProShares has filed for an equal weight Bitcoin and Ether ETF, marking the 11th Ether ETF application in less than seven days. The United States Securities and Exchange Commission (SEC) has been recently inundated with applications for Ether (ETH) futures exchange-traded funds (ETFs), with a grand total of 11 Ether-based filings being submitted in less than a week.  The latest ProShares ETF application was filed on Aug. 3 and proposes an equal weight Bitcoin (BTC) and Ether ETF. According to the filing, the fund will track "the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts." UPDATE: Another one.... 11 ETFs Filed... Proshares filed for a 4th ETF with Ethereum futures. This one is an equal weight #Bitcoin & #Ethereum ETF just like Bitwise's filing which dropped an hour ago. https://t.co/vB05Wvt33e pic.twitter.com/u3I3LzznGZ — James Seyffart (@JSeyff) August 3, 2023 According to Bloomberg ETF analyst James Se...

Also Read: Terra Luna Classic To Burn 800 Million Tokens, LUNC And USTC To $1? advertisement Outlook For Upcoming FOMC Meetings In recent statements, the Fed officials have been warning of the possibility of two more rate hikes in the current year. This means there could likely be one more rate hike coming, after the rates already reaching the highest level since 2001. The FOMC reiterated that its target is to achieve maximum employment and limit inflation at the rate of 2 per cent over the longer run. Analysts predict that if the rate hike pause kicks in from the next FOMC meet, the January 2024 meeting could likely deliver the first rate cut. “In support of these goals, the Committee decided to raise the target range for the federal funds rate to 5-1/4 to 5-1/2 percent. The Committee will continue to assess additional information and its implications for monetary policy.” Recommended Articles ...

Also Read: US CPI Inflation Cools To 3%; Bitcoin , Ethereum Price-In For Rally, US Dollar Falls advertisement It remains to be seen if the suspected sale of the BTC could have market moving impact over the next few days, as Bitcoin worth around $300 million has been liquidated. Will this lead to a crypto crash or will the traders oversee it? Bitcoin Bulk Sale On chain data showed that as much as 9,000 BTC were transferred in two transactions earlier on Wednesday. The data showed that the transfer of 1,118 BTC was followed by 8,200 BTC. The Crypto Market hardly showed any reaction as the next change in BTC price over the last 24 hours remains almost zero. A court filing from March 2023 showed that the US government intended to sell the remaining 41,000 BTC in four separate stages. This means there are about 32,000 BTC yet to be sold in the course of the next six months. Also Read: Terra Luna Classic Validator To Burn Billions Of LUNC Tokens, Price To R...

Federal Reserve Chairman Jerome Powell reiterated the need of robust central-bank oversight in the ongoing development of stablecoin regulations by the House Financial Services Committee. Powell further disclosed that the Federal Re serve ’s staff has been actively engaged in discussions with lawmakers from both sides of the aisle regarding the cryptocurrency legislation currently under consideration by committee members. Two crypto bills underway During a twice-yearly hearing on monetary policy, Federal Re serve chairman Jerome Powell expressed his perspective on payment stable coins , stating, “We do see payment stable coins as a form of money, and in all advanced economies, the ultimate source of credibility in money is the central bank.” Powell emphasized the necessity of a strong federal role in overseeing stable coins , indicating that he believes it would be appropriate to establish robust federal oversight in this domain. During the hearing, chairman ...

Also Read: Hong Kong Monetary Authority Plans To Lay Foundations For A Central Bank Digital Currency, Says Report All three coins, Cardano (ADA), Polygon (MATIC), and Solana (SOL), however, did not show any immediate reaction to the news of Robinhood delisting, while the Crypto Market more or less shows a sideways movement, ahead of the US Federal Reserve’s interest rate decision on June 14, 2023. Robinhood Crypto Delisting Although the company did not explicity mention that the reason for delisting is the Coinbase and Binance lawsuits, it is speculated that it is most likely the case. On many occasions in the past, the US SEC had recognized several crypto tokens as securities. In the recent lawsuits, the regulatory agency added as many as 16 new cryptocurrencies to the list of what it deems to be securities, making it a total of 67 tokens. The three cryptocurrencies will no longer be supported on Robinhood crypto from June 27, 2023, the company announced in a statement: ...