🔥🚨BREAKING: President Trump just paid his tab in a NYC bar using Bitcoin making this the first public crypto transaction by a president. pic.twitter.com/Df5PWFSsfR
— Dom Lucre | Breaker of Narratives (@dom_lucre) September 18, 2024
He’s depositing it at Howard’s new Bitcoin bank and he’ll use it as collateral to borrow. https://t.co/1GScPUisQA
— Max Keiser (@maxkeiser) October 16, 2024
by Kerry Lutz, Financial Survival Network:
As Bitcoin approaches record highs, investors are asking the same question they asked in 2017 and 2021: Is this another top?
I called both of those previous peaks—not with hype, but with the help of Martin Armstrong’s Economic Confidence Model, which has guided my market timing for over a decade. But as I prepare to attend the upcoming Bitcoin conference in Las Vegas, I’m not sounding the alarm. This time, the signals are different.
Let’s explore why.
from ZeroHedge:
After kneejerking lower by over $4,000 after yesterday’s hot CPI print, bitcoin has recovered all those losses and then some, to top a fresh record high of $73,600 this morning…
“Bitcoin wiped out overleveraged longs, retested the 2021 cycle high & then bounced back to $72,000,” popular trader Jelle summarized on X, adding that the landscape was now “looking good” for upside continuation.
🇺🇸 STATE OF WYOMING JUST INTRODUCED A BILL FOR STRATEGIC #BITCOIN RESERVE 🤯
WILD TIMES!!! pic.twitter.com/ZNSLaDZedn
— Vivek⚡️ (@Vivek4real_) January 17, 2025
We HODLR'S have been waiting for more than a decade through all of the nose bleed highs and puke inducing lows, for this moment. @Excellion pic.twitter.com/K09630oC1p
— SGTreport (@SGTreport) December 5, 2024
from ZeroHedge:
Italy’s biggest bank, Intesa Sanpaolo, has made history by becoming the first Italian financial institution to buy 11 bitcoins for a “test” purchase worth $1 million.
Initially a widespread rumor, Bloomberg has confirmed that Italy’s largest banking giant has indeed dipped its toes in Bitcoin. According to an internal memo, the financial institution completed its first proprietary Bitcoin trade, investing the funds into the world’s largest digital currency.
“It’s very small amounts, considering we have 100 billion euros in our securities portfolio,” Intesa CEO Carlo Messina told reporters on the sidelines of an event in Milan on Tuesday. “It’s an experiment, a test.”
from Activist Post:
In a vote of 25-5, Texas’ bitcoin reserve legislation has been approved by the Senate. It will now advance to the House.
Today, the Texas Senate has passed SB 21, a bill aimed at creating a strategic Bitcoin reserve for the state, by a vote of 25-5. The bill will now advance to the Texas House for further consideration.
Texas Lieutenant Governor Dan Patrick identified SB 21 as a priority bill for the 2025 legislative session this past January. The bill aims to position Texas as a leader in Bitcoin adoption by establishing a reserve of BTC, which proponents argue will serve as a hedge against economic instability and inflation.
THIS IS HUGE:
US Dollar Stable Coins are coming to the Bitcoin Lightning network 🤯🤯
Tether is NOT going to collapse
USDT is going to get A LOT bigger pic.twitter.com/CQxKB26HPW
— Rajat Soni, CFA (@rajatsonifnance) January 31, 2025
from The National Pulse:
❓What Happened: Arizona has established a Strategic Bitcoin Reserve by enacting House Bill 2749.
👥 Who’s Involved: Governor Katie Hobbs (D), State Representative Jeff Weninger (R), Satoshi Action Fund, and cryptocurrency exchange Coinbase.