Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves
Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reservesTrump's bold Treasury strategy could establish the US as a frontrunner in Bitcoin reserves amid global interest.
Happy Monday!In today's newsletter, we explore the bold moves shaping the future of Bitcoin. President-elect Donald Trump is reportedly planning to leverage a $200 billion US Treasury fund to establish a Strategic Bitcoin Reserve, potentially positioning the US as a leader in global Bitcoin reserves. Meanwhile, Ripple's RLUSD stablecoin is generating buzz as investors are cautioned against FOMO ahead of its launch, with warnings from Ripple's CTO about unrealistic expectations. Additionally, new fair value accounting rules for Bitcoin are set to enhance transparency and pave the way for corporate adoption. Join us as we delve into these pivotal developments in the crypto space! LATEST SLATECAST 🎙️ Layer3 Co-founder Brandon Kumar on building a user-centric crypto engagement platform 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.72 trillion, with a 24-hour volume of $188.77 billion. The price of Bitcoin is $106,132.49, and BTC market dominance is 56.6%. The price of Ethereum is $3,942.67, and ETH market dominance is 12.8%. The Crypto Fear & Greed Index is currently Greed (83). 📰 Top News
Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reservesTrump's bold Treasury strategy could establish the US as a frontrunner in Bitcoin reserves amid global interest. Ripple RLUSD investors warned against FOMO as stablecoin trades well above peg pre-launchRipple CTO Schwartz warned that the RLUSD stablecoin is "not an opportunity to get rich." New fair value Bitcoin accounting rules go live paving way for corporate reserve adoptionThe FASB update enhances transparency and corporate adoption, marking a turning point in cryptocurrency accounting. 📈 Latest Insights🗞️ More News
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Bitfinex projects Bitcoin peaking at $290k in early 2026 if historical patterns repeat
Thursday, December 19, 2024
Historical indicators suggest Bitcoin's price could soar between $160000 and $290000, depending on market dynamics. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin to hit $1 million by 2027 using new adoption pricing model
Thursday, December 19, 2024
Bitcoin modeled as a resource with fixed supply cap, raising potential for rapid price escalation amid growing demand and strategic reserves. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Ripple secures NYDFS greenlight to launch RLUSD stablecoin
Wednesday, December 11, 2024
Bard Garlinghouse confirmed the regulator approval, stating the stablecoin will go live soon. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Russian lawmaker proposes strategic Bitcoin reserve to counter geopolitical challenges
Tuesday, December 10, 2024
As Bitcoin gains traction globally, Tkachev's plan positions Russia to use digital currency as a hedge against geopolitical financial barriers. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Trump wants Paul Atkins to lead SEC but he is reluctant to clean Gensler’s ‘mess’
Tuesday, December 10, 2024
Rumors claim Trump has chosen Paul Atkins for the SEC chair role, but the former commissioner is hesitant to take on the responsibility due to multiple factors. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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SEC Commissioner predicts early improvements for crypto ETFs under new leadership
Saturday, December 21, 2024
Changes such as staking for Ethereum ETFs and in-kind redemptions for Bitcoin products will likely to happen early on, says Hester Peirce. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Avery Ching, Co-Founder and Chief Technology Officer of Aptos, will assume the role of Chief Executive Officer to lead the company into its next phase. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin pullback mirrors 2020 reversal 250 days post-halving, it then rose 140%
Friday, December 20, 2024
Repeating history? Bitcoin's cyclical journey suggests potential rise to $225000. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Thursday, December 19, 2024
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Bitcoin falls to $100,000 following hawkish FOMC despite 25bp rate cut
Thursday, December 19, 2024
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