Bitcoin

SAHM Indicator

SAHM Indicator above 0.5: Recession Incoming?

A significant recession warning is currently flashing across financial markets, impacting both the stock and crypto sectors. The SAHM Indicator, a crucial economic measure, has crossed above 0.5, signaling a potential recession in the United States. This indicator has a long history of accurately predicting recessions, with every instance since the 1960s leading to an …

SAHM Indicator above 0.5: Recession Incoming? Read More »

Trump Bitcoin Debt

Trump suggests Bitcoin plan to erase $35T debt

Former President Donald Trump proposed an unconventional idea with Bitcoin to address the U.S.’s $35 trillion national debt: using Bitcoin as a payment to China. He suggested this bold move during an interview with Fox News’s Maria Bartiromo, stating, “Crypto is a very interesting thing. It’s very high-level in certain ways, intellectually very high-level. But …

Trump suggests Bitcoin plan to erase $35T debt Read More »

Ethereum and Bitcoin ETFs

Bitcoin and Ethereum ETFs see positive inflows first time together

On August 1, 2024, U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) experienced joint positive inflows for the first time since the launch of nine spot Ether ETFs on July 23. This marked a significant event in the cryptocurrency ETF market. This influx of investments into spot Bitcoin and Ethereum ETFs reflects growing interest in …

Bitcoin and Ethereum ETFs see positive inflows first time together Read More »

US Govt moves $2B in Bitcoin

US Govt moves $2B in Bitcoin amid Trump’s promise

On July 29, the United States government moved $2 billion worth of Bitcoin, just two days after former President Donald Trump vowed that the US would never sell any of its Bitcoin holdings during a speech at the Bitcoin 2024 conference in Nashville, Tennessee. According to Arkham Intelligence, the government transferred 29,800 Bitcoin, which were …

US Govt moves $2B in Bitcoin amid Trump’s promise Read More »

Fake Elon Musk

Fake Bitcoin 2024 Livestreams Featuring Elon Musk Scam Viewers

Even though the Bitcoin 2024 event has concluded, a deepfake scam featuring Elon Musk has surfaced on YouTube, posing as the official Bitcoin 2024 livestream. Over the past three days, this scam has deceived many users into losing their crypto assets, with one video alone collecting over $28,000 in Bitcoin, Ether, and Dogecoin. The scam …

Fake Bitcoin 2024 Livestreams Featuring Elon Musk Scam Viewers Read More »

Bitcoin for coporations

Bitcoin For Corporations announced at Bitcoin Conference

In a significant move to further drive corporate Bitcoin adoption, Bitcoin Magazine and MicroStrategy have announced the launch of “Bitcoin for Corporations.” This strategic partnership aims to provide comprehensive resources and educational content to corporate leaders, underscoring a joint commitment to fostering Bitcoin adoption and education on a global scale. The announcement was made live …

Bitcoin For Corporations announced at Bitcoin Conference Read More »

Robert Kennedy Jr. Bitcoin

Robert Kennedy Jr. says he has most his wealth in Bitcoin

Presidential candidate Robert F. Kennedy Jr. reaffirmed his strong support for Bitcoin during the BTC 2024 conference in Nashville, emphasizing that most of his wealth is invested in the digital asset. “I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin,” he said. “I am fully committed.” This stance underscores …

Robert Kennedy Jr. says he has most his wealth in Bitcoin Read More »

Synthia Lummis Bitcoin

Senator Cynthia Lummis plans for Strategic Bitcoin Reserve

Senator Cynthia Lummis of Wyoming is set to announce groundbreaking legislation at the upcoming Bitcoin 2024 conference in Nashville, Tennessee. This bill proposes that the Federal Reserve adopt Bitcoin as a strategic reserve asset. If successful, this legislation would mark a significant shift in U.S. monetary policy, positioning Bitcoin alongside traditional reserves like gold and …

Senator Cynthia Lummis plans for Strategic Bitcoin Reserve Read More »