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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) has clarified its stance on proof-of-work (PoW) mining, ruling that Bitcoin (BTC) mining activities do not fall under the definition of securities trading as per US law. This long-awaited statement provides essential clarity for crypto…
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In the ranking of the 20 wealthiest people on the planet, nestled between the Zara founder Amancio Ortega and Mukesh Ambani, India’s richest man, sits a different kind of billionaire. This person created one of the largest financial assets on the planet, controls a $93 billion fortune, and has won millions of loyal followers. The…
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Key Takeaways Bo Hines discussed the idea of using US gold reserves, stored in Fort Knox, to purchase Bitcoin. Senator Lummis has recently reintroduced the Bitcoin Act for a major US Bitcoin acquisition. Share this article Bo Hines, Trump’s Crypto Council Chief and head of the Presidential Council of Advisers for Digital Assets, also known…
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Spot Ethereum exchange-traded funds have shed $370 million in assets over the past 12 trading days, notching their longest losing streak yet, as the price of the underlying asset has struggled. Among funds, which began trading last year, outflows from the iShares Ethereum Trust (ETHE) and the Grayscale Ethereum Trust (ETHE) totaled $146 million and…
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A top White House crypto official said this week that the Trump administration is considering revaluing decades-old gold certificates as a novel way to expand the country’s Bitcoin (BTC) holdings without increasing the federal deficit. Bo Hines, who leads the President’s Council of Advisers on Digital Assets, said during an interview on the Crypto in…
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Bitcoin is down since Donald Trump’s inauguration. But analysts say that may be about to change. A version of this story appeared in our The Roundup newsletter on March 21. Sign up here. Happy Friday! Eric here. Is Bitcoin about to rip? Arthur Hayes, chief investment officer at Maelstrom, thinks so, estimating that the top…
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The CEO of the financial services firm deVere Group, Nigel Green, is predicting Bitcoin (BTC) will hit a massive six-figure target in 2025 for one key reason that doesn’t rely on US President Donald Trump’s support. In a new video update, Green says that Bitcoin may start to outperform gold this year if the Fed…
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Shares of some of the top publicly traded Bitcoin mining companies have fallen amid a broader market decline, even after the U.S. Securities and Exchange Commission clarified on Thursday that mining operations “do not involve the offer and sale of securities.” MARA (MARA), CleanSpark (CLSK), and Bitdeer (BTDR) are among the mining companies showing losses…
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Senator Cynthia Lummis’ plan to buy one million Bitcoins has met with remarkable market indifference. Despite the unprecedented scale of the proposal, Bitcoin’s price has been lackluster. This lack of reaction speaks volumes about investor skepticism. Senator Lummis’ proposal would make the U.S. one of Bitcoin’s largest holders. The plan calls for buying 200,000 Bitcoin…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure President Donald Trump recently addressed the Blockworks Digital Asset Summit in New York City, outlining his ambitious aspirations to establish the United States as an important force in the cryptocurrency sector, with Bitcoin (BTC) at the forefront. Trump’s Vision For Maximizing Federal…