Senator Cynthia Lummis Proposes Fed Gold Sale To Buy 1M Bitcoin
Senator Cynthia Lummis proposes selling U.S. gold reserves to buy 1M bitcoin for a national reserve without increasing debt. Senator Cynthia Lummis, a Republican from Wyoming, has proposed a plan to sell a portion of the gold holdings owned by the Federal Reserve of the United States in order to raise money for the acquisition […]
Franklin Templeton Expands Tokenization to Ethereum
Franklin Templeton is expanding its Benji tokenization platform to Ethereum, following previous launches on Polygon and Stellar. Following the introduction of Aptos, Avalanche, Arbitrum, and Base in 2018, Franklin Templeton is introducing its Benji tokenization platform on the Ethereum network. This marks the fifth launch of the year involving cryptocurrencies. Until now, it was exclusively […]
Pennsylvania House Advances Bill for State Bitcoin Reserve
The Pennsylvania House proposed a bill allowing up to 10% of state funds to be invested in Bitcoin. The House of Representatives of Pennsylvania has drafted a law that would establish a strategic Bitcoin reserve for the state. Representative Mike Cabell, a Republican, is the one who has proposed this bill, which aims to give […]
Bhutan Government Sells $33M BTC Through Binance
Bhutan’s government recently moved 367 Bitcoin ($33M) to Binance, likely for profit, following a $66M sale two weeks earlier. With the intention of selling off some of its Bitcoin assets, the government of Bhutan transferred some of its holdings to the Binance market. Taking this action comes in the midst of the recent meteoric rise […]
Wintermute Sends 2.3M TAI Tokens to Exchanges to Boost Liquidity
In response to yesterday’s acquisition of 3.3% of TAI’s circulating supply, Wintermute, a renowned global market maker in the digital asset sector, has intentionally transferred a portion of TAI tokens to centralized exchanges (CEXs), thereby enhancing TAI’s liquidity level, as reported by Spot On Chain. Gate.io and Bybit have received 2.302 million TAI, which is […]