Thumzup announced that the company's board of directors has authorized the holding of 90% of the company's remaining cash in bitcoin. This decision supports the company's ongoing bitcoin acquisition efforts as part of its fiscal asset strategy announced on November 15, 2024.
Eurozone banks need a digital euro in response to U.S. President Donald Trump's efforts to promote a stablecoin, a cryptocurrency usually pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. That would help lure more customers away from banks and strengthen the case for the ECB to launch its own digital currency.
On January 22nd, Conor Grogan, director of product strategy and business operations at Coinbase, tweeted that he had found about 430 bitcoins in multiple wallets associated with Ross Ulbricht, which have not been confiscated by the US government and have not been moved for more than 13 years. These wallets may have been "dust wallets" at the time, but now their total value has reached about $47 million. He also joked that he wasn't sure if Ross still had the private keys to the wallets, and remi...
Coinbase director Conor Grogan wrote that he found about 430 BTC in dozens of wallets associated with Silk Road founder Ross Ulbricht. These wallets have not been confiscated by the US government and have not been touched for more than 13 years. At that time, these wallets may have been "dust wallets (referring to the insignificant amount in the wallet) ". Now they are worth about $47 million in total. If Ross Ulbricht can still find the private key, this part of the asset may be recovered.
Nasdaq-listed Oxbridge Re Holdings Limited announced that its board of directors has approved the decision to include Bitcoin and Ethereum in its corporate reserve assets, a decision that reflects its strategy to diversify its financial assets while exploring inflation-resistant assets with long-term growth potential, such as Bitcoin, Ethereum, and other potential cryptocurrencies. (Globenewswire)
Kara Calvert, head of US policy at Coinbase, said she was "not at all concerned" that Mr. Trump did not mention cryptocurrencies in his inauguration speech and said Coinbase would be "neutral" in considering new listings after Mr. Trump launched his own Meme coin.
Nasdaq-listed Oxbridge Re Holdings Limited announced that its board of directors has approved the decision to include Bitcoin and Ethereum in its corporate reserve assets, a decision that reflects its strategy to diversify its financial assets while exploring inflation-resistant assets with long-term growth potential, such as Bitcoin, Ethereum, and other potential cryptocurrencies.
On January 17, according to VanEck Digital Assets Chief Research Officer Matthew Sigel, the 10-year rolling annualized yield on U.S. Treasury bonds of 15 years and above fell into negative territory, setting the worst performance in 90 years. This is the lowest level in history since relevant data were recorded in 1936.
OpenAI announced the appointment of BlackRock executive Adebayo Ogunlesi to the board of directors. As a founding partner, chairperson and CEO of Global Infrastructure Partners (GIP), one of the infrastructure investment platforms, and a senior managing director at BlackRock, Ogunlesi has extensive leadership experience and expertise in corporate finance, infrastructure investment, and global market strategy. The appointment further complements the Board's depth in technology, AI security, cyber...
Markus Thielen, head of research at 10x Research, said that the bitcoin price is on track for a breakout before the Federal Reserve Open Market Committee (FOMC) meeting at the end of January. The current bitcoin price is at $96,794, and this breakout could go up or down. Thielen noted in his January 14 market report that bitcoin is trading within a narrowed triangle, indicating that a breakout is imminent and is not expected to come later than the January 29 FOMC meeting. From a trading perspect...
Frank Chaparro, director of special projects at The Block, expressed a market opinion that with the launch of spot bitcoin ETFs, traditional market forces are dominating the price movement of cryptocurrencies. After the release of US employment data on January 12, the crypto market and the Nasdaq index showed a high degree of linkage, highlighting the profound impact of the macro economy on the market. Flowdesk analyst Greg Guttas pointed out that the ETF trading time limit (6.5 hours per day) i...
Greg Cipolaro, global head of research at New York Digital Investment Group (NYDIG), said in a Jan. 10 research note that even if Trump takes office on Jan. 20, "it is prudent to expect an immediate change in crypto policy." He said the inauguration had given new hope to the new government to deliver on many of its campaign promises, adding that "many promises can be fulfilled quickly, but some may take some time."
Stacy Herbert, director of the National Bitcoin Office in the Office of the President of El Salvador, revealed that Rumble, a video sharing platform and Cloud as a Service provider that received a strategic investment of about $775 million from Tether, has reached a Cloud as a Service agreement with the government of El Salvador, which will provide cloud storage (object and block storage), cloud computing, database, load balancer and Kubernetes integration for El Salvador.
Ian McGinley, director of enforcement at the US Commodity Futures Trading Commission (CFTC), announced his departure on January 17. He joined the agency in February 2023 and has led enforcement actions against Binance, KuCoin, Falcon Labs and others. In a statement announcing his departure on January 17, Ian McGinley said "making the CFTC the premier enforcement agency for digital asset enforcement" was a top priority of his tenure.
Zach Pandl, head of research at Grayscale, said the price outlook remained "structurally bullish" despite temporary headwinds in macroeconomic data. On January 10, the US jobs report was positive, as the expected pace of interest rate cuts slowed, the dollar rose, and the BTC spot price fell below $93,000. Pandl said: "Bitcoin appears to be subdued by the strength of the dollar, which is rising due to the tougher policy of the Federal Reserve and the threat of tariffs. Today...