The famous investment bank Goldman Sachs (GS -1.41%) just did something that crypto investors need to know about. The bank’s action has significant implications for the future prices of Bitcoin (BTC -4.17%), Ethereum (ETH -5.66%), and perhaps also XRP (XRP -5.73%) in the future, assuming they repeat the move with another digital asset. Here’s what…

David Sacks claims the US lost $16 billion by selling bitcoin too early. A Trump executive order created a Strategic Bitcoin Reserve and Digital Asset Stockpile. Bitcoin and other cryptocurrencies saw price spikes after Trump’s crypto policy shift. David Sacks, appointed by President Donald Trump as the administration’s “crypto czar,” said the federal government may…

Utah lawmakers have approved a Bitcoin-related bill, but only after removing a key provision that would have allowed the state treasurer to invest in Bitcoin. The bill, HB230 “Blockchain and Digital Innovation Amendments,” now awaits Governor Spencer Cox’s approval. It grants Utah residents rights related to Bitcoin custody, mining, node operation, and staking. However, a…

Strategy founder Michael Saylor has proposed that the United States government acquire up to 25% of Bitcoin’s total supply over the next decade for its Strategic Bitcoin Reserve. “Acquire 5-25% of the Bitcoin network in trust for the nation through consistent, programmatic daily purchases between 2025 and 2035, when 99% of all BTC will have…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin (DOGE) has long been a favorite among cryptocurrency traders, but many Dogecoin investors are now turning to another profitable project, mining cryptocurrency in the cloud (CRYPTOKEYING). Advantages of CryptoKeying: ⦁Rely on renewable energy such as solar and wind power to power…

Michael Saylor says Bitcoin could generate $81tn and help the US offset debt. His plan calls for the US to acquire up to 25% of the total Bitcoin supply. Michael Saylor took his Bitcoin evangelism to the White House on Friday, presenting his roadmap to an $81 trillion digital asset strategy at the administration’s first-ever…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US-based Bitcoin ETFs (exchange-traded funds) have continued to struggle in terms of investor participation and interest over the last few weeks. In the last week of February, the crypto-based financial products witnessed a record-breaking $1.14 billion single-day withdrawal. The story wasn’t…

Jonathan Raa | Nurphoto | Getty Images Bitcoin fell on Monday as volatility in the price of the world’s largest cryptocurrency continues following an executive order signed by President Donald Trump to create a strategic bitcoin reserve for the United States. Bitcoin was trading at $81,712, down over 5% but off earlier lows, at 9:42…

South Korean financial experts and opposition politicians urged the country to integrate Bitcoin into its national reserves and develop a won-backed stablecoin at a forum held last Wednesday. The seminar, hosted at the National Assembly by the main opposition Democratic Party, analyzed potential responses to U.S. moves for a national reserve centered on Bitcoin, according…

Galaxy CEO Mike Novogratz has commented on the establishment of a strategic Bitcoin reserve, arguing that it is a “very big deal.”  The fact that the U.S. now has a Bitcoin reserve will “send a message” to every country, according to Novogratz.  Blockstream CEO Adam Back, who is known for being cited in Satoshi Nakamoto’s whitepaper, echoed…