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  • RFK Jr. vows to make Bitcoin strategic reserve asset, calls it corruption’s ‘greatest foe’
    by Assad Jafri on July 26, 2024 at 23:30

    Presidential candidate Robert F. Kennedy Jr. pledged to sign an executive order on his first day in office if elected that would make Bitcoin a strategic reserve asset for the US. Addressing attendees at the Bitcoin2024 conference on July 26, Kennedy outlined a vision where Bitcoin would play a key role in enhancing America’s economic The post RFK Jr. vows to make Bitcoin strategic reserve asset, calls it corruption’s ‘greatest foe’ appeared first on CryptoSlate.

  • MicroStrategy’s Saylor says first country to buy Bitcoin by issuing currency ‘wins’
    by Assad Jafri on July 26, 2024 at 21:45

    MicroStrategy executive chairman Michael Saylor said Bitcoin could help solve half the world’s economic problems, especially for countries struggling with challenges related to rising national debt. Saylor made the statement during his presentation at the Bitcoin2024 conference, where he emphasized the transformative potential of Bitcoin and its role in reshaping the global economy with digital The post MicroStrategy’s Saylor says first country to buy Bitcoin by issuing currency ‘wins’ appeared first on CryptoSlate.

  • Senator Hagerty says loving Bitcoin is in every American’s ‘DNA’ – praises Trump’s stance
    by Assad Jafri on July 26, 2024 at 20:15

    US Senator Bill Hagerty passionately advocated for Bitcoin and the principles of decentralization during his speech at the Bitcoin2024 conference, highlighting the alignment of these values with American ideals of liberty and autonomy. Hagerty said during his appearance at the Bitcoin2024 conference on July 26 that the flagship crypto represents the fundamental principles of freedom The post Senator Hagerty says loving Bitcoin is in every American’s ‘DNA’ – praises Trump’s stance appeared first on CryptoSlate.

  • Federal Reserve ends enforcement action against Silvergate Bank after successful liquidation
    by Assad Jafri on July 26, 2024 at 19:00

    The Federal Reserve Board said the termination of an enforcement action against Silvergate Bank and its holding company, Silvergate Capital Corporation, according to a July 26 press release. The action, effective since May 2023, required the bank to liquidate and wind down its operations in a manner that protected its depositors. The Fed’s decision comes The post Federal Reserve ends enforcement action against Silvergate Bank after successful liquidation appeared first on CryptoSlate.

  • Michigan pension fund adds $6.6 million in Bitcoin ETF holdings
    by Oluwapelumi Adejumo on July 26, 2024 at 17:45

    The State of Michigan Retirement System holds 110,000 shares in ARK 21Shares Bitcoin ETF (ARKB), which amounts to roughly $6.6 million, according to a July 26 filing with the United States Securities and Exchange Commission (SEC). Bloomberg’s senior ETF analyst Eric Balchunas noted that the ARKB shares purchase represents a significant step in the adoption of The post Michigan pension fund adds $6.6 million in Bitcoin ETF holdings appeared first on CryptoSlate.