The Bitcoin Boom: How Crypto Could Become the Global Reserve CurrencyGabor Gurbacs, a strategic advisor for stablecoin issuer Tether and asset management firm VanEck, has suggested the possibility of Bitcoin becoming a reserve tender. He insists that no legal tender can replace the dollar, but Bitcoin could. According to industry sources on the 29th, Gurbacs recently mentioned weak currency countries through his X (formerly Twitter) […]
Twitter Creator's Block to Invest Heavily in Bitcoin: A Vote of Confidence in CryptoJack Dorsey, the founder of Twitter, has shown a strong commitment to investing in Bitcoin. He plans to strengthen his investment portfolio through continuous Bitcoin purchases. According to the industry on the 9th, Dorsey revealed plans to buy Bitcoin every month through his fintech company, Block, using a Dollar-Cost Averaging (DCA) strategy. This move reflects […]
MicroStrategy Buys More Bitcoin Despite Crypto TurmoilMicroStrategy, the big player in Bitcoin, has recently purchased more despite the turmoil in the cryptocurrency market, reinforcing its bullish outlook on Bitcoin. Michael Saylor, the executive chairman of MicroStrategy, announced on the 30th that the company invested $7.8 million this month alone, purchasing an additional 122 units of Bitcoin. With this purchase, MicroStrategy now […]
Russia's Crypto Regulation Bill Set for August Passage Amid US SanctionsThe bill is expected to pass in August Russian authorities are preparing to reintroduce a bill to regulate cryptocurrency mining that failed to be adopted in 2022. Due to U.S. sanctions, Russian authorities are paying attention to cryptocurrencies, which have a strong point in cross-border transactions. According to the industry, on the 15th, the Russian […]
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The Bitcoin Boom: How Crypto Could Become the Global Reserve Currency Gabor Gurbacs, a strategic advisor for stablecoin issuer Tether and asset management firm VanEck, has suggested the possibility of Bitcoin becoming a reserve tender. He insists that no legal tender can replace the dollar, but Bitcoin could. According to industry sources on the 29th, Gurbacs recently mentioned weak currency countries through his X (formerly Twitter) […]
Twitter Creator's Block to Invest Heavily in Bitcoin: A Vote of Confidence in Crypto Jack Dorsey, the founder of Twitter, has shown a strong commitment to investing in Bitcoin. He plans to strengthen his investment portfolio through continuous Bitcoin purchases. According to the industry on the 9th, Dorsey revealed plans to buy Bitcoin every month through his fintech company, Block, using a Dollar-Cost Averaging (DCA) strategy. This move reflects […]
MicroStrategy Buys More Bitcoin Despite Crypto Turmoil MicroStrategy, the big player in Bitcoin, has recently purchased more despite the turmoil in the cryptocurrency market, reinforcing its bullish outlook on Bitcoin. Michael Saylor, the executive chairman of MicroStrategy, announced on the 30th that the company invested $7.8 million this month alone, purchasing an additional 122 units of Bitcoin. With this purchase, MicroStrategy now […]
Russia's Crypto Regulation Bill Set for August Passage Amid US Sanctions The bill is expected to pass in August Russian authorities are preparing to reintroduce a bill to regulate cryptocurrency mining that failed to be adopted in 2022. Due to U.S. sanctions, Russian authorities are paying attention to cryptocurrencies, which have a strong point in cross-border transactions. According to the industry, on the 15th, the Russian […]
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