Tag: Report

SBF sent to solitary confinement over Tucker Carlson interview: Report

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Former FTX CEO Sam “SBF” Bankman-Fried has reportedly been sent to solitary confinement after taking part in an interview with right-wing political commentator Tucker Carlson, which was not approved by prison authorities. “This particular interview was not approved,” a representative for the US Bureau of Prisons told The New York Times on March 7. Bankman-Fried did not receive permission to take interview According to a person briefed on the situation, after Bankman-Fried’s interview with Carlson was published, he was sent to solitary confinement at Brooklyn’s Metropolitan Detention Center, where he…

Donald Trump’s memecoin generated $350M for creators: Report

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US President Donald Trump’s cryptocurrency project has generated at least $350 million in revenue from the launch of the Official Trump (TRUMP) memecoin, according to an analysis by the Financial Times. Entities involved in operating the TRUMP memecoin have earned at least $314 million from token sales and $36 million from fees on the Solana blockchain, the FT reported on March 7. While Trump’s personal profit remains unclear, the memecoin’s official website, Gettrumpmemes.com, states that The Trump Organization-affiliated CIC Digital and Delaware-based Fight Fight Fight collectively own 80% of the…

This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says

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Este artículo también está disponible en español. A report from the on-chain analytics firm Glassnode has revealed a Bitcoin price region that could prove to be crucial for the bulls. Several Key Bitcoin Metrics Are Pointing At The Same Price Range Right Now In its latest weekly report, Glassnode has discussed the Bitcoin investor cost basis from various angles. The first indicator that the analytics firm has shared is the “UTXO Realized Price Distribution” (URPD), that basically tells us about how the BTC supply is distributed among the different price…

Trump may sign Bitcoin reserve executive order at crypto summit: Report

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US President Donald Trump could reportedly sign an executive order to create a Bitcoin reserve during the White House Crypto Summit on March 7. Such a reserve would be expected to buy more Bitcoin (BTC), in comparison to the US hanging on to the BTC it already owns through criminal seizures, Bloomberg reported on March 6, citing people familiar with the matter. However, a range of options for what could be several crypto-related executive actions are still being considered. Trump could also announce that the US will stop selling crypto…

Report: Belarus Eyes Cryptocurrency Mining to Harness Nuclear Surplus

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Belarus is reportedly exploring cryptocurrency mining using surplus nuclear energy, following economic strategies pioneered by nations like Bhutan, according to a report by the Belarusian Telegraph Agency (BelTA). Surplus Electricity Could Fuel Belarusian Crypto Boom President Alexander Lukashenko has directed officials to explore cryptocurrency mining as a means to utilize the country’s surplus electricity, generated […] Source

Trump to announce Bitcoin reserve strategy at White House Crypto Summit: report

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President Donald Trump is set to unveil a Bitcoin reserve strategy at the White House Crypto Summit Commerce Secretary Howard Lutnick confirmed the plan in an interview with The Pavlovic Today, stating that Bitcoin would receive special status under Trump’s initiative. “A Bitcoin strategic reserve is something the President’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday,” Lutnick said. The summit, chaired by venture capitalist David Sacks and Congressman Bo Hines, marks a key moment in…

Bitcoin isn’t a worthy reserve asset, Swiss central bank president says: Report

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Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks. Schlegel’s position opposes a proposal from Swiss Bitcoin nonprofit think tank 2B4CH and other Bitcoin advocates to constitutionally mandate SNB to hold Bitcoin (BTC) on its balance sheet. Schlegel first told Swiss local media outlet Tamedia that Bitcoin and other cryptocurrencies are too volatile, which isn’t conducive to maintaining the value of SNB’s investments. “Second, our reserves need to be highly…

Bitcoin isn’t a worthy reserve asset, Swiss National Bank president says: Report

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Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks. Schlegel’s position opposes a proposal from Swiss Bitcoin nonprofit think tank 2B4CH and other Bitcoin advocates to constitutionally mandate SNB to hold Bitcoin (BTC) on its balance sheet. Schlegel first told Swiss local media outlet Tamedia that Bitcoin and other cryptocurrencies are too volatile, which isn’t conducive to maintaining the value of SNB’s investments. “Second, our reserves need to be highly…

BlackRock Includes IBIT Bitcoin (BTC) Exchange-Traded Fund in Model Portfolio: Report

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BlackRock, the world’s largest asset management firm, has reportedly incorporated its iShares spot Bitcoin (BTC) exchange-traded fund (IBIT) into some of its model portfolios. Bloomberg, citing a BlackRock investment outlook that its journalists had viewed, reports that the firm added a 1-2% allocation for IBIT in model portfolios that allow for alternative investments. Model portfolios are a basket of different investments crafted by a financial advisor. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, reportedly wrote in an investment commentary this week that the firm…

States likely to adopt Bitcoin reserves first: Report

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States are likely to adopt Bitcoin (BTC) reserves before the US federal government does, Senator Cynthia Lummis reportedly said on Feb. 28 during the Bitcoin Investor Week conference in New York.  “My bets are that you’ll see a state have a Bitcoin strategic reserve before the federal government,” Lummis said, according to a Bloomberg report.  In July 2024, Lummis, a Wyoming Republican, proposed legislation that would require the US federal government to create a national Bitcoin stockpile.  Her bill, dubbed the BITCOIN Act, calls for the US Treasury Department to…