REUTERS: Central banks managing trillions in reserves plan to cut back on the dollar and boost exposure to gold, the euro, and China’s yuan, signaling a shift driven by rising geopolitical tensions. Bitcoin was made for this moment.
Powell: We're not cutting rates because all credible forecasters both inside and outside the Fed expect a meaningful rise in inflation over the course of this year.
POWELL: "Banks are free to conduct crypto activities."
Green Minerals is the first company from the traditional mining sector to adopt a bitcoin reserve strategy. https://bitcoinnews.com/adoption/norwegian-green-minerals-bitcoin-reserve/
POWELL: "Banks are free to conduct crypto activities."
NEW: Texas to invest $10M to seed its Strategic Bitcoin Reserve. image
Is it over for the offset M2/Bitcoin correlation bros? image
NEW: Cardone Capital makes its first Bitcoin purchase, adding 1,000 BTC to its treasury. image
Saylor lays out his Bitcoin Prophecy for $21 million Bitcoin in 21 years at BTCPrague.
Texas joins Arizona and New Hampshire in passing bitcoin reserve legislation but is the first to actually commit public funds and create a separate reserve outside the state treasury. https://bitcoinnews.com/adoption/texas-sb-21-bitcoin-reserve-bill-law/