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 […]
Pepe Coin Whale Dumps 500B, Signals Meme Coin Selloff
Pepe Coin (PEPE) surged 75% after Coinbase and Robinhood listings, with one whale selling 500 billion PEPE for $11.8 million, earning $45 million in profit. As a result of the listings on Coinbase and Robinhood, the price of Pepe Coin (PEPE) experienced a significant increase of 75% in the past twenty-four hours. The on-chain data, […]
Caitlyn Jenner Sued by JENNER Memecoin Buyers
A lawsuit filed on November 13 claims Caitlyn Jenner misled investors by marketing a “memecoin” as an unregistered security. A proposed class-action lawsuit alleges that Caitlyn Jenner, a former Olympian, is marketing memecoins as an unregistered security on behalf of a number of individuals who have purchased the celebrity currency. Naeem Azad and Mihai Caluseru, […]
Peter Schiff Says Bitcoin Can Fix Social Security
Peter Schiff proposed that Social Security sell $2.7 trillion in Treasuries for Bitcoin, potentially covering future shortfalls if Bitcoin reaches $20 million. Peter Schiff, a longtime critic of Bitcoin, recently proposed an odd idea that suggests Bitcoin could be the key to addressing the issue of Social Security funding in the United States, the Social […]