Bitcoin is witnessing price fluctuations and is struggling to keep pace with its previous price ranges. Its price is trading close to the $98,000 price level, with less than 1% drop in the last 24 hours. The price drop triggered by uncertain global macroeconomic conditions hasn’t fully recovered yet. As
Ohio is advancing a proposal to establish a “Bitcoin Reserve Fund.” Senator Sandra O’Brien introduced Senate Bill 57, which aims to authorize the state treasurer to invest public funds exclusively in Bitcoin (BTC). The bill was referred to the Financial Institutions, Insurance, and Technology Committee the day after its introduction,
US White House Crypto & AI Czar David Sacks talked about various things related to crypto on the latest CNBC interview. From forming a regulatory framework to establishing a Bitcoin reserve, David clarified on their upcoming plans for crypto. David Sacks revealed that he was in a meeting with House
Travala, a cryptocurrency-native travel booking service, has teamed with trivago, one of the world’s leading accommodation metasearch engines, to integrate Travala’s entire hotel inventory of over 2,200,000 properties on trivago. Millions of Trivago users worldwide will be able to find, evaluate, and book Travala’s properties thanks to the integration. Travelers will be
Donald Trump’s AI Crypto Czar, David Sacks, is scheduled to hold a press conference today at 2:30 PM Eastern Time, where he is expected to outline the U.S. government’s plan for the leadership strategy in the digital asset domain. The press conference schedule features a lineup of GOP lawmakers and
Bitcoin (BTC) recently dipped to $91,242.89 and is trading at $94,297.01, marking a 5.93% decrease over the past 24 hours. The current market cap is $1.87 trillion, reflecting a 5.92% decrease. However, trading volume surged by 175.69%, reaching $96.08 billion, indicating heightened market activity despite the price drop. BTC remains
El Salvador making waves in the crypto market purchasing two additional Bitcoins in a single day. According to its Bitcoin strategic reserve initiative, the country buys one BTC per day but recently the country has increased its acquisition rate. Recently, the country revoked Bitcoin’s legal tender status due to International
Bitcoin Falls Below $100,000, but It Might Be a Short-Term Drop For the first time since 27 January, bitcoin fell under $100,000. Although closing January with a record value of $102,412 is great, others feel it would briefly go back to $95,000 as an analyst has suggested. Bitget Research’s chief
Senator Cynthia Lummis advocates Bitcoin again and reiterates her support for creating a law that would make BTC a strategic reserve for the U.S. government. She believes this would strengthen America and help fix the financial issues that their generation is creating. Moreover, the bill proposes that the U.S. government
Bitcoin (BTC) fell below $100,000, reaching a low of $99,082.51. The cryptocurrency currently trades at $100,193.79, down 2.28% in 24 hours. Its market cap stands at $1.98 trillion, with a 24-hour trading volume of $34.22 billion, marking a 22.95% decline. The fully diluted valuation (FDV) is $2.1 trillion, while the
