A State Representative in Texas just introduced legislation to establish a strategic Bitcoin Reserve. This bill is part of a growing trend to introduce similar reserves in several states and internationally.
The draft legislation suggested that Texas residents could fund the Bitcoin reserve through voluntary donations.
Asset management giant BlackRock is reportedly promoting Bitcoin (BTC) as a part of a balanced portfolio.
XRP, the world's third-largest cryptocurrency by market capitalization, is continuously making waves following whale interest and its impressive performance. However, recent whale activity appears to be a cause for concern for XRP holders, as crypto whales have reportedly dumped nearly a hundred million dollars worth of XRP tokens onto the Coinbase cryptocurrency exchange.
In an interview this past fall, Riot Platforms CEO Jason Les said the company would be open to AI opportunities if the right deal came along.
XRP has become a focal point of attention in the cryptocurrency market, as it forms three consecutive bullish pennant patterns on its 4-hour chart. These patterns are widely regarded as indicators of trend continuation, suggesting that XRP could experience substantial upward momentum, particularly after a recent pause in its bullish rally.
Australia has a superannuation system requiring employers to allocate a portion of an employee's earnings to a retirement account.
A closely followed crypto analyst believes the altcoin bull market is only just getting started as Bitcoin (BTC) may soon print new all-time highs.
With Ripple's regulatory approval to launch its RLUSD stablecoin, anticipation is mounting about the trajectory of XRP (CRYPTO: XRP) prices following the launch. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.43 $138.7 billion +1.2% +0.8% Bitcoin (CRYPTO: BTC) $101,633.16 $2.01 trillion +1.4% +0.7% Ethereum (CRYPTO: ETH) $3,948.22 $475.6 billion +4.4% +1.4% Trader Notes: Prominent crypto trader Crypto Bitlord sees XRP on the brink of a parabolic move, calling it "financially irresponsible" not to hold XRP at this stage.
Nano Labs Ltd (Nasdaq: NA), a Chinese fabless integrated circuit design company, has disclosed its updated Bitcoin (BTC) holdings. The announcement, made on December 12, 2024, comes as the company continues its expansion into cryptocurrency-related investments and strategic initiatives.
Fourteen years ago, Satoshi Nakamoto, the enigmatic mind behind Bitcoin, signed off with a final post on the Bitcointalk forum. In this farewell, Nakamoto emphasized the need for continued work on the network's defenses against denial-of-service (DoS) attacks.
Texas House of Representatives introduced a Bitcoin reserve bill amid a torrent of crypto adoption chants emboldened by Donald Trump's Nov. 6 political success.
In a latest development, Nano Labs Ltd, a leading fabless integrated circuit design company and product solution provider in China, has recently increased its Bitcoin holdings through the licensed virtual asset exchange HashKey Exchange in Hong Kong.
BlackRock operates a massively successful Bitcoin ETF, but the asset manager still recommends being conservative with the cryptocurrency.
Digital assets displayed bullishness on Thursday as Bitcoin crossed $100,000 again, currently trading at $101,381.90. While BTC's rebound triggered significant uptrends in the altcoin space. Meanwhile, Goatseus Maximus (GOAT) and Chainlink stirred the crypto community for various reasons. Let us find out more.
Asset management behemoth BlackRock has recommended gaining 1-2% exposure to Bitcoin in its recent paper.
The world's largest asset manager, BlackRock, with $11.5 trillion in total assets under management, has unveiled a new report from the BlackRock Investment Institute advocating for a 1% to 2% allocation in Bitcoin on the traditional 60/40 portfolio, composed of a larger portion of equities than bonds.
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On Thursday, December 12th, Texas officially filed a bill to set up a strategic Bitcoin reserve in the Texas House of Representatives. The act serves as a testing ground for the U.S. Treasury.
Blackrock recommends that interested investors consider allocating as much as 2% of their portfolio to bitcoin, the world's largest cryptocurrency, the giant asset manager said in a report on Thursday.
A crypto trader has projected a bull case for XRP above $6 in 2025 amid recent accumulations. These inflows marked by institutional and retail interest have pushed the altcoin past several resistance levels.
Representative Giovanni Capriglione filed it live during a 𝕏 spaces.
On Thursday, Dec. 12, Texas Representative Giovanni Capriglione introduced a bill to establish a bitcoin reserve as a financial asset within the state treasury, marking a significant step toward incorporating cryptocurrency into public financial management.
A bill was introduced on Thursday to create a strategic bitcoin reserve following Trump's support for investing in bitcoin.
Bitcoin whales are back in buy mode as BTC price strength continues despite a new stagflation jolt for the US Federal Reserve.
Exodus Movement announced updated figures for its digital asset holdings and swap volume as Bitcoin surpassed the $100,000 milestone. According to a note sent to crypto.
Bitcoin recently hit the $100K mark, and many are wondering if this is the start of a new bull run. Gareth Soloway, Chief Market Strategist of Verified Investing, discussed the recent surge and its connection to broader market trends in an interview with David Lin.
Texas bill proposes creating Strategic Bitcoin Reserve as a hedge against inflation, allowing tax payments in Bitcoin. The post Texas House proposes bill to establish Strategic Bitcoin Reserve appeared first on Crypto Briefing.
Vancouver explores integrating Bitcoin into city finances, aiming to enhance stability, modernize payments amid inflation concerns.
Texas State Rep Giovanni Capriglione has filed a Bill to establish a strategic Bitcoin Reserve, aligning with President-elect Donald Trump's grand plans. With the concept of a Bitcoin reserve growing at the Federal level, the Bill has positioned Texas as a front-liner among other states.
The bill aims to establish a strategic Bitcoin reserve in the state of Texas, mirroring efforts on the national level in the United States.
El Salvador's President Nayib Bukele has stirred global speculation after announcing the discovery of an estimated $3 trillion in unmined gold.
Pudgy Penguins surpasses Bored Apes, becoming the second most valuable NFT collection. The floor price of Pudgy Penguins surged 76% in one week, reaching $105,000.
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The XRP price continues to exhibit a notable display of strength despite its corrective phase since it reached above $2.8 on December 3 for the first time in almost seven years. Interestingly, technical analysis shows the corrective phase has been highlighted by an ABC corrective pattern on the daily candlestick chart.
This move could drive institutional adoption, inspire corporate treasury strategies, and accelerate mainstream integration of digital assets into traditional finance.
Bloomberg has shared a 25-name list of the wealthiest families in 2024, showcasing familiar names like the Walton family and new entries such as Ofer and Thailand's Chearavanont. The top family is reportedly valued at $406.5 billion, while the 25th name on the list has a wealth of $37.4 billion.
TL;DR BlackRock recommends a 2% Bitcoin allocation limit to maintain a balance between risk and reward in investment portfolios. The firm acknowledges Bitcoin's growth potential and its value as a hedge against inflation but warns about market volatility and regulatory uncertainty.
As per the latest Forbes report, a recent report by BlackRock titled ‘Sizing Bitcoin in Portfolios', its analysts have noted that Bitcoin offers a risk profile similar to the Magnificent Seven firms like Apple, Amazon, Tesla, Nvidia, Meta, Google, and Microsoft.
US Spot Bitcoin ETFs now hold more than 2.5% of BTC's circulating supply.
Bitcoin (BTC) smashed the $102,000 price target for the second time in its existence this Thursday. In the previous day's trading session, the BTC/USD pair rallied 4.7% before adding another 1.2% today.
On this day 14 years ago, Satoshi Nakamoto, Bitcoin's pseudonymous founder, made his last known post on the Bitcoin forum. According to Bitcoin historian Pete Rizzo, Satoshi ceased activity on the discussion platform as he logged off the following day, Dec. 13, 2010, never to return.
Sygnum Bank also highlights potential risks, including macroeconomic instability, Tether's dominance in the stablecoin market, meme coin bubbles, and geopolitical tensions. The post Bitcoin to Soar in 2025? Sygnum Bank Predicts Institutional Investment Surge appeared first on Cryptonews.
Peter Schiff has once again shared his concerns about Bitcoin (BTC), suggesting that there needs to be a clearer line between the digital asset and the concept of money itself. His concerns come up in the context of broader economic discussions about inflation and the Federal Reserve's strategies.
Byte Federal reports that the personal data of 58,000 users was compromised in the breach. They assured no user funds or assets were compromised.
Will Robert Kiyosaki's warning of the biggest economic crash come true?
As of Dec. 12, 2024, the XRP/USD market reflects a steady consolidation phase across several timeframes, with bulls and bears locked in a tug-of-war at pivotal levels. XRP On Thursday, XRP's daily chart paints a picture of an earlier uptrend tempered by recent consolidation. Prices climbed from $0.54 to a high near $2.