Key stakeholders in the crypto industry are currently lobbying President-Elect Donald Trump to issue an executive order establishing a strategic Bitcoin reserve within his first 100 days in office.  The stakeholders intensified their lobbying efforts following Donald Trump’s Pro crypto campaign and public comments on the possibility of a Bitcoin reserve in various interviews.  According…

XRP Investors cashed in $1.6 billion in profit-taking as frustration over the crypto assets price stagnation grows.  XRP which flipped Tether USDT late last year has spent six weeks on a price lag forcing investors to take profit.  In 24 hours, nearly 695 million XRP tokens were sold signaling frustration amongst XRP holders.  Price stagnation…

The Kazakhstan Government shut down 36 illegal cryptocurrency exchanges in 2024 following a joint work with the National Security Committee and the Ministry of Culture and Information.  The development was announced on Jan 6 by the Financial Monitoring Agency of the Republic of Kazakhstan.  Besides the 36 crypto exchanges shut down, about 3500 illegal online…

The governor of the Czech National Bank, Aleš Michl, hinted at Bitcoin becoming a potential option to diversify the country’s growing foreign exchange reserves. He explained that the Czech government is increasingly seeing Bitcoin as a viable savings technology.  Speaking in an Interview with CNN Prima Michi revealed that he was considering acquiring some Bitcoin…