I, like many of you, am processing the results of the recent U.S. election in which Donald Trump won handily both the electoral college and popular vote. As pundits discuss, left mainstream media personalities mourn, and yes many Trump supporters cheer ecstatically, as a progressive Bitcoiner it’s entirely clear to me: If the Democratic Party wants a future in America, it must embrace Bitcoin.

Let me explain what I mean. Not only do I think is it imperative for the party to embrace Bitcoin if it wants to survive, but after this decisive Trump victory, I think many within the party, and those independent voters who dip in and out of voting for democratic candidates, are looking to make…

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The election is over, and Trump is now going to be President again. He pulled off something that hasn’t been done since Grover Cleveland in the 1800s, a successful re-election following a loss after his first term. People all of this space are celebrating this as some kind of victory for Bitcoin, but nothing could be further from the truth.

Ross will likely be freed, Trump is too full of himself to back out of such a trivial to deliver on campaign promise,…

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The Ethereum Foundation (EF) has disclosed substantial asset holdings in its latest financial report, boasting a treasury of $970.2 million as of October 31, 2024. With $788.7 million in cryptocurrency assets, predominantly in ether, the foundation commands 0.26% of the total ether supply. Additionally, it holds $181.5 million in non-crypto investments and assets, reaffirming its commitment to Ethereum’s potential and sustainable growth.

Amid previous community concerns over unexplained transactions, the EF has emphasized a conservative treasury management policy aimed at sustaining operations through potential multi-year market downturns. This strategy includes periodic ether sales and increasing fiat reserves during bull markets to ensure long-term financial stability.

Aya Miyaguchi, the executive director, expressed the foundation’s dedication to nurturing the Ethereum ecosystem through strategic funding and research, supporting its steady momentum and increased network activity, which has seen a rise in both active addresses and on-chain volume in recent months.

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It finally happened. Trump won the 2024 election and became the 47th President of the United States of America. Simply put, this presidential victory changes everything for Bitcoin.

As a non-U.S. bitcoiner, I usually don’t care much about the US election and what happens in the U.S. But this time, it was different. I watched it closely. I was rooting for Donald Trump to win. Due to Trump’s pro-Bitcoin pledges, I saw this election as a referendum on the old…

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BlackRock’s iShares Bitcoin Trust (IBIT) saw record-breaking net inflows of $1.12 billion yesterday, surpassing its previous high of $872 million on October 30. This surge in investor interest follows the spot bitcoin exchange-traded fund’s remarkable trade volume of over $4 billion. The influx is largely attributed to the positive market sentiment following Donald Trump’s recent presidential victory and the Federal Open Market Committee’s decision to cut interest rates. These events have significantly boosted confidence in riskier assets, propelling Bitcoin to a new high of nearly $77,000.

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Detroit announces a groundbreaking move to accept cryptocurrency for taxes and other city fees, heralding itself as the largest U.S. city to integrate crypto into its payment options. This initiative, enabled through a secure PayPal platform, is set to launch in mid-2025. Mayor Mike Duggan emphasizes this reflects Detroit’s commitment to fostering a tech-friendly atmosphere that benefits both residents and entrepreneurs.

The city is not only paving the way for using cryptocurrency but is also enhancing its overall payment system to support electronic transactions more broadly. Treasurer Nikhil Patel highlighted the dual benefits of this upgrade: increased accessibility for cryptocurrency users and improved service for all, especially the unbanked population in Detroit.

As part of a broader strategy to integrate cutting-edge technologies, Detroit is actively seeking proposals from blockchain entrepreneurs. These efforts aim to utilize blockchain for better transparency, data security, and streamlined public services, positioning Detroit as a leader in technological adoption among U.S. cities.

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