Bitcoin

Trump Signs Executive Order Banning Central Bank Digital Currencies

Trump Signs Executive Order Banning Central Bank Digital Currencies

President Donald Trump has signed an executive order to prohibit the creation of a "digital dollar" in the form of a central bank digital currency (CBDC). Trump's order seeks to clarify regulations in the cryptocurrency industry to "secure America's position as the world's leader in the digital asset economy." The…
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Trump Nominates Cryptocurrency Advocate Paul Atkins to Lead SEC

Trump Nominates Cryptocurrency Advocate Paul Atkins to Lead SEC

President Donald Trump has nominated cryptocurrency advocate Paul Atkins to lead the Securities & Exchange Commission (SEC). Trump named Atkins as SEC chairman on Wednesday after vowing on the campaign trail to fire Gary Gensler from the position. During the campaign trail, Trump pledged to introduce policies to transform the…
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Dollar & Bitcoin Surge as Trump Wins Presidential Election

Dollar & Bitcoin Surge as Trump Wins Presidential Election

The dollar and Bitcoin surged in value overnight as President-Elect Donald Trump's victory in the 2024 election became clear. As Trump won key states and appeared to be on the path to election victory in the US presidential election, the US dollar surged by 1.2 percent against the British pound.…
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Trump Uses Bitcoin to Buy Burgers at NYC Bar

Trump Uses Bitcoin to Buy Burgers at NYC Bar

President Donald Trump stopped off at a bar during a campaign stop in New York City, and in typical fashion, the Republican presidential nominee bought burgers for all the patrons. However, Trump paid for the hamburgers using the number one cryptocurrency Bitcoin. Crypto advocates hailed the moment as "one of…
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Trump Commits to CBDC Ban, Pledges Strategic Bitcoin Reserve

Trump Commits to CBDC Ban, Pledges Strategic Bitcoin Reserve

President Donald Trump has committed to his pledge to ban the formation of a Central Bank Digital Currency (CBDC) in America. Trump blasted CBDCs during his speech at the Bitcoin 2024 conference in Nashville, Tennessee on Saturday. He made his stance on CBDCs crystal clear, provoking roaring cheers of support…
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Russia Edges Closer to Using Bitcoin for International Trade

Russia Edges Closer to Using Bitcoin for International Trade

The Russian government has drafted new legislation that edges the embattled nation one step closer to accepting Bitcoin and other cryptocurrencies for international trade. According to a report from Russian news outlet Tass, Russia's Ministry of Finance and its central bank have agreed on a draft bill allowing crypto payments…
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MicroStrategy Buys Another $190.5 Million Worth of Bitcoin

MicroStrategy Buys Another $190.5 Million Worth of Bitcoin

MicroStrategy has just announced that it has bought another $190.5 million worth of Bitcoin. The bitcoin-accumulating business-intelligence software company revaled it bought another 4,167 BTC. MicroStrategy said in a statement Tuesday that the purchases took place between Feb. 15 and April 4. The Virginia-based firm paid an average of $45,714 per…
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