politics
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Bitcoin’s price has surpassed $90,000 for the first time, driven by market optimism following President-elect Donald Trump’s victory and his pro-cryptocurrency stance. The cryptocurrency reached a record high of $91,110, marking a 32% increase since the November 5 election. Galaxy Digital CEO Mike Novogratz suggests that if the U.S. establishes a Bitcoin reserve, the cryptocurrency’s…
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The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to OpenSea, one of the largest NFT marketplaces, signaling its intent to pursue legal action. The SEC alleges that non-fungible tokens (NFTs) traded on the platform qualify as securities, marking a significant shift in the regulatory landscape. OpenSea CEO Devin Finzer confirmed the…
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Florida’s Chief Financial Officer (CFO), Jimmy Patronis, has announced that the state holds approximately $800 million in cryptocurrency-related investments. Patronis emphasized the state’s commitment to embracing digital assets, stating, “Crypto’s not going anywhere. We’d be a fool if we’re not prepared to do everything we can to harness the opportunities there.” In a recent interview…
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Italy’s government has decided to reduce the proposed capital gains tax on cryptocurrency transactions from 42% to 28%, following significant feedback from industry stakeholders and political figures. The initial proposal, introduced in October 2024, aimed to increase the tax rate from the existing 26% to 42%, sparking widespread concern among investors and businesses within the…
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The New York Supreme Court has ordered the state’s Public Service Commission (PSC) to reassess the approval of Digihost International Inc.’s acquisition of the Fortistar North Tonawanda gas power plant, intended for cryptocurrency mining operations. The court found that the PSC failed to evaluate the transaction’s compliance with New York’s Climate Leadership and Community Protection…
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President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, as the next U.S. Secretary of Commerce. Lutnick, 63, has been a key fundraiser for Trump’s 2020 and 2024 campaigns and co-chaired the transition team. His nomination underscores Trump’s commitment to integrating business acumen into his administration. Lutnick’s leadership at Cantor Fitzgerald, a prominent…
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Detroit has announced plans to accept cryptocurrency payments for taxes and city fees starting in mid-2025, positioning itself as the largest U.S. city to embrace digital currencies for municipal transactions. The city will collaborate with PayPal to facilitate these payments. PayPal will handle the acceptance of cryptocurrencies such as Bitcoin and Ethereum, converting them into…
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Elon Musk has publicly endorsed Howard Lutnick, CEO of Cantor Fitzgerald, for the position of U.S. Treasury Secretary, highlighting Lutnick’s potential to “actually enact change.” Lutnick, a prominent figure in the financial sector, has been a vocal advocate for cryptocurrencies, particularly Bitcoin. Under his leadership, Cantor Fitzgerald has managed Tether’s Treasury portfolio since 2021 and…
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Ross Ulbricht, the founder of the Silk Road darknet marketplace, has expressed profound gratitude toward supporters who voted for President Donald Trump, trusting him to honor his commitment to commute Ulbricht’s sentence. Ulbricht, who has been incarcerated for over 11 years, conveyed his optimism about regaining freedom, stating he can “finally see the light of…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True. If you would like to support to help further secure the integrity of our research initiatives, please donate here “The banks are not interested in us as a people. They are interested in our money. And…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True.If you would like to support to help further secure the integrity of our research initiatives, please donate here Screven County, Georgia, has made history by becoming the first U.S. county to utilize the Bitcoin blockchain to…
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President Donald Trump is reportedly considering utilizing a recess appointment to replace Securities and Exchange Commission (SEC) Chair Gary Gensler, aiming to bypass the traditional Senate confirmation process. This strategy would allow the President to install a new SEC leader during a Senate recess, enabling immediate implementation of his regulatory agenda. The President’s intent to…
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