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 ..read more

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 ..read more

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 ..read more

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 ..read more

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 ..read more

On stage at the Bitcoin Conference 2024 today, Jan van Eck announced that way over 30% of his portfolio is in Bitcoin. Van Eck, CEO of the investment management firm VanEck, frequently compares Bitcoin to gold, viewing it as “digital gold” and a potential store of value. In an environment where global monetary stimulus erodes […] The post ETF issuer Jan VanEck has ‘way over 30% of his portfolio in Bitcoin’ appeared first on CryptoSlate ..read more

Arbitrum’s Decentralized Autonomous Organization (DAO) is reviewing a proposal to expand the network’s Orbit Chain to other blockchains beyond Ethereum. Expansion program In January, the Arbitrum Foundation introduced the Arbitrum Expansion program to extend its Orbit Chain to other Ethereum-based chains. The program allowed crypto projects to fork the Arbitrum codebase and tailor it to […] The post Arbitrum proposes expanding Orbit Chain beyond Ethereum appeared first on CryptoSlate ..read more

Bitcoin miner Marathon Digital CEO Fred Thiel suggested that the firm could raise capital through convertible bonds to purchase more of the flagship digital asset in the future. This follows the firm’s recent purchase of $100 million worth of Bitcoin, raising its total holdings to over 20,000 BTC. Future purchases In a Telegram message to […] The post Marathon Digital’s CEO hints at potential Bitcoin buys through convertible notes appeared first on CryptoSlate ..read more

Today, presidential candidate Robert F. Kennedy Jr. (RFK Jr) said he left last year’s Bitcoin Conference with “most of his wealth in Bitcoin.” Forbes last reported his net worth at $15 million. Given that last year’s conference was on May 18, when Bitcoin traded at $26,400, RFK Jr. may have doubled his wealth by investing in […] The post Did RFK Jr double his net worth to around $30 million buying Bitcoin last year? appeared first on CryptoSlate ..read more

US lawmaker Senator Elizabeth Warren has continued her anti-crypto evangelism despite her thinning support base. On July 25, she opined that foreign-owned crypto-mining operations pose a national security threat during a hearing of the Senate Committee on Banking, Housing, and Urban Affairs. Warren stated: “Foreign adversaries are using cryptomines to spy on US military operations. […] The post Senator Elizabeth Warren claims foreign ‘cryptomines’ being used to spy on the US appeared first on CryptoSlate ..read more