Following Trump's 'National Bitcoin Reserve' Proposal, 15 States Prepare to Follow with State-Level Bitcoin Reserves of their Own...
Global Crypto Press
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1w ago
In a move that would've seemed wild just a few years ago, over a dozen states are seriously considering holding Bitcoin reserves as part of their fiscal strategy. It began when Trump, not yet elected and on the campaign trail, mentioned the idea as part of his plan to make the US the 'crypto capital of the world'.  Since taking office, one of the executive orders he signed on the first day created the committee to propose new regulations, and to look into the creation of a national cryptocurrency stockpile. Looking to capitalize on the creation of a Federal Bitcoin Reserve, 15 states h ..read more
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NYSE Files for XRP ETF Launch - Can Ripple Go From an SEC Target, to an Approved ETF?
Global Crypto Press
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1w ago
The New York Stock Exchange (NYSE) just applied to the U.S. Securities and Exchange Commission (SEC) to list and trade the Grayscale XRP Trust as an exchange-traded fund (ETF). If approved, it would transform the existing trust into an ETF, opening the door for more investors—from curious retail traders to heavyweight institutions—to get in on the action. This move could mark a pivotal moment for XRP, the cryptocurrency from Ripple Labs that’s been a hot topic for its ongoing legal showdown with the SEC. Approval would likely boost XRP’s reputation and adoption, weaving it more seamlessly int ..read more
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US Regulators Turn a New Leaf on Bitcoin, as Fed Gives US Banks the 'OK' to Jump Into Crypto Related Services...
Global Crypto Press
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1w ago
US banks have just scored an official OK from the Federal Reserve to jump into bitcoin and other crypto services—so long as they can handle the risks. Fed Chair Jerome Powell spelled it out at a press conference after the latest Federal Open Market Committee (FOMC) meeting, emphasizing that while the Fed’s main focus is on overseeing banks, it’s cool with them offering digital asset services if they truly understand what they’re getting into. Powell noted that several banks under the Fed’s supervision are already dabbling in crypto, and stressed that those looking to follow suit would be hel ..read more
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Trumps First Full Day Back: SEC Already Begins Push to Provide Crypto Industry Clear Regulations + Bitcoin Continues Gains in Bullish Market...
Global Crypto Press
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3w ago
The first full day with President Donald Trump back in the White House begun with crypto making a notable leap on Tuesday, buoyed by a resurgence in bullish sentiment following President Donald Trump’s first full day back in the White House. Bitcoin surged over 2%, hitting $107,180 and finding support around $106,200. In the spotlight was “Official Trump,” a token introduced last week to symbolize the new administration. After a rocky start with a plunge of more than 20%, the token managed to trim its losses to 2.5% within 24 hours. This rebound hints at the market's tentative optimism surrou ..read more
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Rough Start to a New Year - but with a Pro-crypto Administration incoming, and Increased Support from Congress and the Senate, what is the 2025 Outlook for Crypto?
Global Crypto Press
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1M ago
Bitcoin has had a rough start to the new year, but with a new administration set to take office in just days, and more pro-crypto politicians in Congress and the Senate, what's the 'big picture' 2025 outlook on crypto this year?  Video Courtesy of CNBC Subscribe to GCP in a reader ..read more
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Craig Wright, the Self-Proclaimed Inventor of Bitcoin is 1 STEP AWAY From PRISON - Judge Finds "Malicious" and "Manipulative" Wright in Contempt of Court...
Global Crypto Press
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1M ago
Craig Wright, the controversial figure who claims to be Bitcoin’s creator, Satoshi Nakamoto, is cracking following the defeat of his landmark case as been handed a suspended prison sentence by a UK court. Wright’s one-year sentence for contempt of court won’t see him behind bars unless he breaches court orders in the next two years. While the average person would make sure to comply, Wright's recent behavior has us wondering if he's capable of controlling himself long enough to stay free man.  Over-Emotional, Irrational, and Digging his Hole Deeper... Wright has seemingly become driven ..read more
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Even at All-Time Highs, MicroStrategy is STILL Buying Bitcoin + CEO Michael Saylor to Advise Trump on Crypto?
Global Crypto Press
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1M ago
Michael Saylor, co-founder and executive chairman of MicroStrategy Inc., emphasizes his commitment to enhancing shareholder value through what he calls "intelligence leverage." By focusing on intelligence leverage, Saylor may aim to strengthen MicroStrategy's dual identity as both a software company and a major institutional player in the cryptocurrency space, particularly Bitcoin. Saylor also talks about his willingness to advise the Trump administration on cryptocurrency representing a significant development in the intersection of policy and blockchain technology. As a prominent advocate ..read more
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AML Wallet Risk Checker...
Global Crypto Press
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1M ago
 [Press Release - via GCPNews] The cryptocurrency market is evolving rapidly, providing users with innovative opportunities for investment, trading and financial transactions. However, along with opportunities come risks. It is important for owners of crypto assets to know that the safety of their funds depends on a careful approach to the assets flowing into their wallets. Any mistake in verifying the source of cryptocurrency can lead to financial losses or legal problems. We have created a free service where we have collected the most popular and trusted services for checking crypto ..read more
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Japan Considering a 'National Bitcoin Reserve'...
Global Crypto Press
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2M ago
In a bold move toward integrating cryptocurrency into national policy, Japanese Senator Satoshi Hamada has submitted a formal proposal urging the government to establish a strategic bitcoin (BTC) reserve. The request, officially registered in Japan's Upper House of Parliament, advocates for converting part of the nation's foreign exchange reserves into bitcoin and other virtual currencies. Hamada's proposal, titled “Letter of Intent on the State of Understanding of the Bitcoin Reserve Movement Promoted by the United States and Other Countries,” underscores the growing global interest in bitco ..read more
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The Pi Token Scam – The Least-Evil Scam in Crypto, But a Scam Nonetheless...
Global Crypto Press
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2M ago
At first glance, the Pi Network seemed promising — a new token backed by Stanford-educated developers, claiming technical superiority and offering free mining through a mobile app. The excitement was palpable, and since its 2019 launch, tens of millions have downloaded the app, accumulating free Pi tokens by simply pressing a button daily. Now, almost six years after launch, users continue to earn Pi tokens the same way. But there's a glaring problem—those coins aren’t tradeable, and no exchange supports them. Despite the hype, the only recent development is that Pi now has an actual token o ..read more
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