politics
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President Donald Trump told reporters outside the White House that the Department of Government Efficiency— also known as DOGE—might become a “monster” that could “go back and eat Elon” Musk. Trump added he is reviewing whether to deport Musk back to South Africa, the entrepreneur’s native country, stating “we’ll have to take a look” when asked…
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President Donald Trump referred to White House correspondent Hariana Veras as “beautiful” and expressed a desire for “more reporters like you,” joking that commenting might “end my political career.” Veras, originally from Angola and covering the White House, shared that she “saw hope” in Congo and noted that President Félix Tshisekedi proposed nominating Trump for a Nobel…
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According to Reuters, Bitmain, Canaan and MicroBT—together controlling over 90 % of the global Bitcoin mining hardware market—have begun relocating parts of their production to the U.S. in order to avoid escalating tariffs introduced by the Trump administration. Per Reuters, Bitmain initiated U.S. assembly of its mining rigs in December 2024, shortly after Trump regained office.…
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According to Binance News and Cointime, California pension funds disclosed on May 16, 2025, a purchase of $276 million in MicroStrategy (MSTR) shares—a strategic move that provides Bitcoin exposure via equity holdings. Per Cryptopolitan and TheCryptoBasic, investments from at least two major California systems—CalSTRS and CalPERS—total 694,119 shares, representing a combined $276 million stake. Cryptopolitan notes public pension…
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During a press conference in Los Angeles where DHS Secretary Kristi Noem was detailing escalated ICE and immigration enforcement operations, Senator Alex Padilla (D‑CA) rose up to ask a question about the impact of these actions. He identified himself as a U.S. Senator but was quickly seized—pushed to the ground, handcuffed, and physically removed from…
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Iran has been exploring the use of cryptocurrencies, including Bitcoin, to facilitate international trade and mitigate the impact of economic sanctions. In August 2022, Iran reportedly placed its first official import order using cryptocurrency, valued at $10 million, as part of a broader strategy to bypass U.S. sanctions and conduct trade through digital assets. Following…
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Kentucky has recently enacted House Bill 701, known as the “Bitcoin Rights” bill, which was signed into law by Governor Andy Beshear on March 24, 2025. This legislation safeguards the rights of individuals to self-custody digital assets, operate blockchain nodes, and engage in digital asset transactions without fear of discrimination. It also prohibits local zoning…
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Arizona is actively advancing legislation to integrate Bitcoin into its financial and legal systems. Notably, Senate Bill 1062 (SB1062) seeks to classify Bitcoin and other cryptocurrencies as legal tender within the state. This bill defines legal tender to include any medium of exchange authorized by the U.S. Constitution or Congress, encompassing cryptocurrencies. In addition to…
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North Carolina lawmakers have introduced multiple bills aiming to integrate cryptocurrencies, such as Bitcoin, into the state’s financial strategy. One notable proposal, the Bitcoin Reserve and Investment Act (Senate Bill 327), seeks to authorize the state treasurer to allocate up to 10% of public funds into Bitcoin. This initiative positions North Carolina among several states…
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In a recent social media post, prominent Bitcoin advocate Max Keiser humorously proposed that the United States could maintain fiscal neutrality by selling its substantial cheese reserves to invest in Bitcoin. Keiser’s comment, shared on X.com, stated, “Selling America’s strategic cheese reserve and buying Bitcoin is budget neutral.” The U.S. government has historically maintained significant…
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The United States and China are among the largest holders of Bitcoin globally, with their reserves primarily accumulated through asset forfeitures. As of December 13, 2024, the U.S. government holds approximately 207,189 BTC, valued at around $17.4 billion. Similarly, China possesses about 194,000 BTC, worth approximately $16.2 billion. These substantial holdings underscore the strategic importance…
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President Donald Trump’s stance on cryptocurrency has undergone a significant transformation. Once a vocal critic, labeling Bitcoin as “a scam” in 2021, he has since become one of its most prominent advocates. In his second term, Trump has declared his intention to make the United States the “crypto capital of the world” and the “undisputed…
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