by OverviewFX | Mar 10, 2025 | Cryptocurrency
Crypto is still expressing its disappointment over the Trump Crypyo ‘Reserve’ that wasn’t.Bitcoin smashed lower after Trump reversal on Bitcoin reserve – its just a stockpileBitcoin falls below $83,000 as US bitcoin reserve news disappointsThe...
by OverviewFX | Mar 10, 2025 | Cryptocurrency
Utah lawmakers have approved a Bitcoin-related bill, but only after removing a key provision that would have allowed the state treasurer to invest in Bitcoin.The bill, HB230 “Blockchain and Digital Innovation Amendments,” now awaits Governor Spencer Cox’s...
by OverviewFX | Mar 10, 2025 | Cryptocurrency
Michael Saylor, the founder of Strategy, has proposed that the U.S. government acquire 25% of Bitcoin’s total supply by 2035 to establish a Strategic Bitcoin Reserve. He suggests that the government systematically purchase 5-25% of Bitcoin’s supply through daily...
by OverviewFX | Mar 7, 2025 | Cryptocurrency
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by OverviewFX | Mar 7, 2025 | Cryptocurrency
Trump’s crypto summit will kick off on Friday, March 7, 2025.The timing I have is 0830 GMT / 1330 US Eastern time.Conjecture centres on:there may be an announcement that the government will stop selling cryptocurrencies it confiscates in criminal cases, and use...
by OverviewFX | Mar 7, 2025 | Cryptocurrency
Trump has signed an Executive Order to establish a Strategic Bitcoin ReserveThe reserve will be funded with Bitcoin owned by the federal government, obtained through criminal or civil asset forfeiture proceedings.The U.S. will not sell any Bitcoin deposited into the...