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Donald Trump Reaffirms Promise to Commute Ross Ulbricht’s Sentence

Donald Trump Reaffirms Promise to Commute Ross Ulbricht’s SentenceFormer President Donald Trump once again affirmed his intention to commute Ross Ulbricht’s sentence, the founder of the darknet marketplace Silk Road. On Truth Social, Trump shared a post featuring Ulbricht discussing his 12th year in prison, and Trump declared in all capital letters, “I WILL SAVE ROSS ULBRICHT!” Petition for Ross Ulbricht’s Freedom Gathers […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve

US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic ReserveU.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve to bolster the U.S. dollar and pay down national debt, aiming to position the U.S. as a global leader in financial innovation. Senators […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Trump Has Raised $25M From Crypto Industry and Bitcoin Whales

Trump Has Raised M From Crypto Industry and Bitcoin WhalesFormer U.S. President and presidential candidate Donald Trump has raised $25 million from the crypto industry and bitcoin whales since he began accepting donations in cryptocurrencies. He has made several promises to support the crypto sector if elected, including the replacement of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. Trump Raises $25 Million […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Senator Cynthia Lummis Proposes the US Accumulates 1,000,000 Bitcoin Amid Record-Level National Debt

Senator Cynthia Lummis Proposes the US Accumulates 1,000,000 Bitcoin Amid Record-Level National Debt

A pro-crypto senator is proposing legislation for the US to stockpile 1 million Bitcoin (BTC) as the country’s national debt continues to rise. Speaking at the Bitcoin 2024 Conference, Republican Senator Cynthia Lummis of Wyoming announces that she will propose a bill to establish a BTC reserve as a means of securing the value of the […]

The post Senator Cynthia Lummis Proposes the US Accumulates 1,000,000 Bitcoin Amid Record-Level National Debt appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

RFK Jr. Pledges to Ensure US Government Holds 4 Million Bitcoins as Strategic Reserve if Elected President

RFK Jr. Pledges to Ensure US Government Holds 4 Million Bitcoins as Strategic Reserve if Elected PresidentU.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised significant bitcoin-related changes if elected. On day one of his presidency, he plans to transfer 200,000 bitcoins to the U.S. Treasury and mandate the government to purchase 550 bitcoins daily until a strategic reserve of 4 million bitcoins is reached. He also pledged to […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Michael Saylor: US Government Should Own Majority of Bitcoin in the World

Michael Saylor: US Government Should Own Majority of Bitcoin in the WorldMichael Saylor, executive chairman of Microstrategy, believes the U.S. government should hold the majority of the world’s bitcoin, arguing this would strengthen the U.S. dollar. Drawing parallels to historic acquisitions, he views bitcoin as a critical asset for the future. Saylor emphasized: “The country gotta look to the future, and the future of the country […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Metaplanet, Semler Scientific were ‘zombie companies’ until Bitcoin, execs say

Shares in Metaplanet and Semler Scientific are up double and triple digits since the firms followed MicroStrategy’s Bitcoin playbook this year.

Executives at Metaplanet and Semler Scientific say MicroStrategy’s Bitcoin playbook inspired them to follow suit and emerge from “zombie” status this y— while their share prices have soared.

“We were hearing Michael Saylor talk about zombie companies, and we realized we were probably one of those companies because we were not getting any love in the stock market, our stock was not performing well, and we were still very cash-rich,” Semler Scientific’s chairman Eric Semsler explained at the Bitcoin Conference in Nashville on July 25.

Zombie companies earn just enough to continue operating and service debts but have no excess capital to spur growth and are often close to insolvency.

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Wyoming Senator to Propose Bill for US Central Bank to Hold Bitcoin, Report Says

Wyoming Senator to Propose Bill for US Central Bank to Hold Bitcoin, Report SaysSenator Cynthia Lummis of Wyoming is preparing to introduce new legislation that would require the Federal Reserve to hold bitcoin as a strategic reserve asset, as reported by Fox Business News. According to three anonymous individuals with knowledge of the matter, the bill is set to be announced at the annual Bitcoin Conference in Nashville, […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Elon Musk Laser Eyes Profile Picture Sparks Speculation

Elon Musk Laser Eyes Profile Picture Sparks SpeculationThe recent addition of laser eyes, a feature popular among bitcoin enthusiasts, to Elon Musk’s profile picture has spurred speculation around his potential involvement in the upcoming Bitcoin 2024 Conference to be held in Nashville, Tennessee. According to Eleanor Terrett, a Fox Business journalist, Musk arrived in Tennessee on July 21. She suggested that Musk’s […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Republican Presidential Candidate Donald Trump To Speak at Nashville Bitcoin Event in Late July, Organizers Say

Republican Presidential Candidate Donald Trump To Speak at Nashville Bitcoin Event in Late July, Organizers Say

Former president Donald Trump is slated to attend a major Bitcoin (BTC) event as he continues to attempt to woo voters from the crypto community. In a post on social media platform X, the organizers of Bitcoin 2024 say that the Republican presidential candidate will speak at the conference, which will be held in Nashville, […]

The post Republican Presidential Candidate Donald Trump To Speak at Nashville Bitcoin Event in Late July, Organizers Say appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights