In a recent groundbreaking announcement, Robert F. Kennedy Jr. (RFK Jr.) has suggested a revolutionary approach to modern financial systems – the backing of the US dollar with Bitcoin. This unprecedented move, as reported by TheStreet, would not only give a new foundation to the world's most used currency but also align it with the digital age's most prominent cryptocurrency. … [Read more...] about RFK Jr. advocates for bitcoin-backed dollar and tax abolition
Bitcoin ETFs: potential game-changer amid muted market activity
Bitcoin exchange-traded funds (ETFs) have been seen as a mirage in the cryptocurrency world, with numerous applications denied or withdrawn due to regulatory concerns. However, recent events suggest a tide change could be on the horizon. … [Read more...] about Bitcoin ETFs: potential game-changer amid muted market activity
BlackRock files for bitcoin ETF
BlackRock, the world’s largest asset manager, filed an application to register a spot bitcoin exchange-traded fund (ETF) with the United States Securities and Exchange Commission. … [Read more...] about BlackRock files for bitcoin ETF
Tether will invest up to 15% of its profits into bitcoin
Tether, issuer of the most widely used stablecoin, will use up to 15% of its net realized operating profits to buy bitcoin in an effort "strengthen and diversify" the reserves that back USDT. … [Read more...] about Tether will invest up to 15% of its profits into bitcoin
El Salvador passes a digital assets law paving the way for bitcoin bonds
The Legislative Assembly of El Salvador approved on Wednesday a bill for the issuance of digital assets which paves the way for the issuing of president Nayib Bukele’s bitcoin bonds. … [Read more...] about El Salvador passes a digital assets law paving the way for bitcoin bonds
Emirates to accept bitcoin as payment method
Emirates, the flag carrier of the United Arab Emirates (UAE), announced its plans to integrate bitcoin as a payment service while adding NFT collectibles on the company’s websites for trading. … [Read more...] about Emirates to accept bitcoin as payment method
Fidelity to offer 401(k) investors to access bitcoin
The largest retirement plan provider could make cryptocurrency even more mainstream … [Read more...] about Fidelity to offer 401(k) investors to access bitcoin
Lugano to make bitcoin legal tender
The city of Lugano, Switzerland, will make bitcoin legal tender to allow citizens to pay for public service fees or taxes in cryptocurrency. … [Read more...] about Lugano to make bitcoin legal tender