Russian state deputy urges to create Bitcoin reserve
The Bitcoin strategic reserve has been an intensive issue in the past few months since Donald Trump announced these plans to the crypto community; now Russia has followed. Anton Tkachev, Duma state deputy of Russia, has urged the Minister of Finance Anton Siluanov to create a Bitcoin strategic reserve in the country after the Russian […]
Michael Saylor urges U.S. to sell gold, buy Bitcoin instead
Michael Saylor urges the government of the United States to sell their gold, as it accounts for more than half of the country’s financial reserves. The U.S. government is publicly known as one of the largest nations that owns gold as its reserve, which accounts for 72% of the total. Based on TradingEconomics data on […]
Norway’s financial task force urges cautious approach to CBDC: report
A Norwegian task force has advised against the immediate adoption of a central bank digital currency. A Norwegian advisory committee has recommended against the immediate adoption of a state-controlled digital currency, Bloomberg reported, citing the committee’s findings submitted to Finance Minister Trygve Slagsvold Vedum. The report urged policymakers to focus on developing the necessary regulatory […]
Analyst says strong DXY no good for Bitcoin price, urges leverage traders to be ‘careful’
Crypto analyst Jamie Coutts cautioned traders to “be careful” when margin trading Bitcoin, given the growing strength of the US dollar. Source link
