Author: driver789
North Carolina lawmakers introduced legislation on Wednesday to create a state-controlled Bitcoin reserve. Senate Bill 327, titled the North Carolina Bitcoin Reserve and Investment Act, would allow the Office of the State Treasurer to allocate up to 10% of public funds into BTC as part of the state’s long-term financial strategy. The bill, sponsored by Senators Johnson and Overcash, passed its first Senate reading and was referred to the Rules and Operations Committee. Its stated goals include establishing a Strategic Bitcoin Reserve, promoting BTC as a financial innovation, and positioning North Carolina as a leader in state-level crypto adoption. Under…
Bitcoin (BTC) dropped below $69,000 on Thursday, pulling the price back into its six-week range just days after tapping range highs above $76,000.The pullback coincides with an increase in selling from Bitcoin futures markets and stalling demand from US-based investors, but the chance for a rebound rally remains. A recurring chart setup indicates that BTC can return to its bullish pathway if the necessary conditions are met.Bitcoin futures set the trend as spot demand fadesThe latest pullback aligns with a visible shift in derivatives’ dominance over spot activity. The Coinbase premium gap turned negative after a period of steady demand,…
The negotiation to get a crypto market structure bill through its next stages in the Senate have hovered over an almost-there status for weeks, and Republican lawmakers met on Thursday to figure out how to bridge the final gaps.The White House was expected to get some updated legislative language on Thursday, reflecting the ongoing work on the Digital Asset Market Clarity Act, according to people familiar with the situation. But the talks are still going, and even if the previously uncertain senators (such as Republican Thom Tillis) become satisfied with the bill’s stablecoin yield treatment, other distinct compromises (such as…
Bitcoin’s price dipped hard on Thursday as war in the Middle East escalated, sparking fears of an energy crisis, before rebounding. Iran hit Qatar’s main gas plant, Ras Laffan, causing billions of dollars in damage. The strike came after the Federal Reserve on Wednesday dampened investor hopes of interest rate cuts later this year. “We’re seeing a double-whammy for risk assets,” David Lawant, Anchorage Digital’s head of research, told DL News. “Crypto isn’t immune to these macro headwinds.”Bitcoin dropped to under $69,000 per coin before rising slightly. CoinGecko data shows it was recently priced at $70,473, down 1% over a…
Arthur Hayes, co-founder of BitMEX, has reiterated his $250,000 year-end price target for Bitcoin. With Bitcoin trading around $70,100, that target would imply roughly 256.5% upside from current levels and a clean break above its previous peak at $126,000 from October 2025. Reiterating Bullish Predictions Arthur Hayes is one of the most outspoken bullish proponents for Bitcoin. He has, on multiple occasions, pointed to Bitcoin breaking above $200,000 among his long-term bullish expectations for the asset. That earlier stance has now been reaffirmed in a recent YouTube interview. Related Reading Given how Bitcoin’s price action has unfolded since those earlier…
Adam Back has been officially confirmed as a speaker at Bitcoin 2026, returning to the conference as one of the few people in the world whose contributions to Bitcoin predate Bitcoin itself. As Co-Founder and CEO of Blockstream and CEO of Bitcoin Standard Treasury Company (BSTR), Back comes to Las Vegas operating at the intersection of Bitcoin infrastructure and capital markets like never before. In 1997, Back invented Hashcash — a proof-of-work system originally built to combat email spam that became the direct technical foundation for Bitcoin’s mining process. Satoshi Nakamoto cited Back by name in the Bitcoin white paper,…
Cryptocurrency exchange Bybit has launched a yield-bearing tokenized gold product that lets users earn interest on Tether Gold (XAUT), the latest entrant into a broader push to turn traditionally non-yielding assets into income-generating instruments.The product is designed to convert tokenized gold — typically a passive store of value — into a yield-bearing asset using XAUT, the largest tokenized gold product, the company announced Thursday. It allows holders to earn passive income while maintaining exposure to gold prices.The market cap of Tether Gold reached nearly $3 billion earlier this month. Source: CoinMarketCapBybit said the offering is part of its broader expansion…
Opinion by: Jason Dominique, co-founder and CEO of ONCHAIN® LabsFor years, whenever we explain what we’re building, the reaction is familiar. There’s curiosity, some skepticism, and then the question that almost always follows:“If this is such a big problem, why hasn’t it been fixed already?”The answer is not that the industry failed to notice it, nor that the technology was too immature to address it. Access remained broken because fixing it correctly required rearchitecting how coordination, execution and settlement work together, while leaving it broken was both easier and profitable.By “access” we mean the path between intent and ownership: the…
Dutch market maker IMC Trading has hired Alex Casimo as chief commercial officer of its cryptocurrency business, according to a person with direct knowledge of the matter.Casimo started in his new role this week and is based in London, the person said, who spoke on condition of anonymity as the matter is private.The hire reflects IMC’s ambition to build deeper, more strategic relationships with institutional counterparties and foundations across the crypto ecosystem, with a view to become one of the leading client-facing firms in the industry, the person added.Both IMC and Casimo declined to comment.Previously, Casimo was founder and COO…
Pardoned BitMEX founder Ben Delo is funding a Westminster political hub that lends support to a network of controversial right-wing politicians and influencers, an investigation from The Guardian and HOPE not hate has revealed. The hub, known as “The Sanctuary,” is made up of a number of rooms overlooking Westminster Abbey to which politicians, race scientists, and anti-abortion campaigners are given access free of charge. The rooms are reportedly used for events, office work, and podcasting. Right-wing MP Rupert Lowe used the hub to launch his Restore Britain party after he was ousted from Reform UK. The race science magazine…