News

Bitcoin Crash Casts Shadow Over US Strategic Reserve Plan

Several U.S. politicians, including Donald Trump and Robert F. Kennedy Jr., have floated the idea of creating a strategic Bitcoin reserve ahead of the U.S. elections. However, a BTC crash earlier this week has shaken that thesis.  Bitcoin's price plunged below $50,000 on Monday, triggering over $1 billion in liquidations amid fears of an impending U.S. recession. That volatility, according to some experts, underscores why Bitcoin would fall short as a strategic reserve asset. “Bitcoin is a high-...

Who's Organizing the Crypto4Harris Virtual Town Hall?

Vice President Kamala Harris’ stance on crypto is relatively unknown, but organizers behind a new group called Crypto4Harris are pressing forward with an initiative to rally digital asset-holding supporters around the Democratic Party’s 2024 presidential nominee. The grassroots network of crypto advocates is set to host a town hall event through Zoom next week. Attendees will have the opportunity to converse with industry leaders, policy experts, and crypto enthusiasts backing Harris’ White Hous...