Bitget CEO Gracy Chen has put the chance of the U.S. government buying Bitcoin for its strategic reserve before President Donald Trump leaves office at close to zero. Summary The U.S. reserve holds an estimated 198,000 BTC obtained mainly through forfeiture proceedings. Trump’s order permits additional acquisitions only through strategies that impose no extra taxpayer…
Strategy has moved back into the black on its massive Bitcoin treasury after a sharp five-day rally pushed BTC above the company’s average acquisition price. Bitcoin climbed to around $77,300 on Aug. 21, up roughly 23% from about $62,800 at the beginning of the week. The move erased months of unrealized losses for Strategy, turning…
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Key Takeaways Two Binance employees were detained at U.A.E. airports and later released. A third Binance executive was questioned by police in July. Some employees were linked to a corporate bank account tied to the exchange. Employees Held After Airport Stops, Then Released Emirati police pulled two Binance employees aside at airports in recent weeks…
Bitcoin has reclaimed $70,000 for the first time since June, snapping a long stretch of weak price action and giving the crypto market a fresh burst of momentum. BTC briefly touched $70,000 on August 19 before pushing above $71,000 on August 20. The move came after Bitcoin had traded below $65,000 just days earlier, turning…
Travel just two hours west of Beijing by train, and you’ll find yourself surrounded by the rolling grasslands and ancient cinder cones of Inner Mongolia. This vast, arid land has long been China’s capital of sheep farming and coal mining, but over the last few years, it has become the hottest place in the country…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP rebounds to $1.40 as ETF inflows boost optimism, while MoneySimpler AI trading offers automated market analysis and trading. Summary XRP rebounds near $1.40 as trading activity and ETF inflows rise, fueling hopes that…
Michael Polansky is remarkably unassuming for someone operating in a corner of the world known for outsize egos. Seated at a leafy patio outside a popular bakery in Mill Valley, an affluent town about 15 miles north of San Francisco, Polansky — bespectacled, his fresh face framed by dark hair shot through with gray —…
Key Takeaways AI agents could expand XRP use through delegated real-world spending. Spending mandates would define budgets, merchants and approvals. Agent software could select XRPL without users opening wallets. AI Agents Could Expand XRP Commerce A new phase for XRP could emerge as autonomous software advances from purchasing digital resources to completing real-world commercial tasks….
CFTC officials are already preparing an alternative regulatory framework if lawmakers remain deadlocked and fail to pass the CLARITY Act. Coinbase CEO Brian Armstrong expects US crypto regulation to move forward by mid-September, either through a Senate vote or new SEC and CFTC rules. His comments came after a White House meeting with President…
