{
Cynthia Lummis

People

}
states explore strategic bitcoin reserves amid economic concerns
Several U.S. states, including Texas, Pennsylvania, and Ohio, are proposing legislation to establish strategic Bitcoin reserves amid concerns over the devaluation of the U.S. Dollar. Texas aims to create a Bitcoin stockpile with a five-year holding requirement, while Pennsylvania's bill allows the state Treasurer to invest up to 10% of various funds into Bitcoin. Ohio's proposal grants the State Treasurer discretionary power to purchase Bitcoin, reflecting a growing trend among states to leverage digital assets for financial security.
Decrypt
Apple Inc. USA Giovanni Capriglione Derek Merrin Cynthia Lummis Show more
Finance & Economy, News Article
15:52 21.12.2024
senator lummis proposes federal reserve to hold bitcoin as official reserve
US Senator Cynthia Lummis has proposed granting the Federal Reserve the authority to hold Bitcoin as part of the nation's official reserves, aiming to enhance financial stability and counteract national debt. She suggests purchasing 1 million BTC over five years, establishing a Strategic Bitcoin Reserve, despite current legal restrictions. Lummis argues that Bitcoin's long-term growth potential makes it a valuable asset compared to the declining value of the US dollar.
Bitcoinist.com
End Federal Reserve USD USA Cynthia Lummis Jerome Powell
Finance & Economy, News Article
05:00 21.12.2024
bitcoin poised for surge as nations race to secure strategic reserves
Bitcoin is poised for a significant price surge, potentially reaching $500,000, as nation-states and corporations explore it as a strategic reserve amid a looming supply shock. The U.S. is considering establishing a Bitcoin reserve, with a proposed executive order to purchase BTC using $21 billion from the Exchange Stabilization Fund, while countries like the UAE are reportedly accumulating large amounts of Bitcoin. As global adoption increases, the dilemma of holding versus selling Bitcoin intensifies, with its current price around $95,513.26.
Crypto News Flash
United States Dollar BlackRock, Inc. CHN TUR NGA RUS ARE USA BRA Michael J. Saylor Cynthia Lummis Show more
Finance & Economy, Market Report
16:00 20.12.2024
fed chair rules out bitcoin reserves as market reacts negatively
Jerome Powell, chair of the US Federal Reserve, ruled out the possibility of the Fed holding Bitcoin, citing legal restrictions under the Federal Reserve Act. His comments led to a 5.7% drop in Bitcoin's price, reflecting market concerns amid ongoing discussions about Bitcoin as a potential reserve asset, particularly following Donald Trump's pro-crypto stance and proposals from policymakers like Senator Cynthia Lummis. The broader cryptocurrency market also suffered losses, with Ethereum and Solana dropping significantly.
Bitcoinist.com
S&P 500 End Federal Reserve USD Nasdaq 100 Dec 24 USA Donald Trump Cynthia Lummis Jerome Powell Show more
Regulatory & Legal, Market Report
03:00 20.12.2024
the evolving dynamics of bitcoin market influenced by institutional adoption and legislation
Institutional players are reshaping the Bitcoin market, potentially leading to reduced volatility and a more stable environment. The Bitcoin Reserve Act could trigger a global race for Bitcoin accumulation among nations, fundamentally altering market dynamics and investor behavior. As institutional adoption grows, the influence of external factors may overshadow traditional cycles, challenging the notion of predictable price movements.
Cointelegraph
Voyager Digital Ltd. MicroStrategy Inc Tesla, Inc. PayPal Holdings, Inc. RUS THA USA DEU David O. Sacks George Georgiades Richard Nixon Iliya Kalchev Basel Ismail Dennis Porter Chris Dunning Su Zhu Jack Mallers Paul Atkins Cynthia Lummis Scott Bessent Gary Gensler Hong Fang Show more
Regulatory & Legal, Market Report
22:48 19.12.2024
south korea delays crypto tax to 2027 amid political uncertainty and global trends
South Korea has delayed the implementation of a crypto tax until 2027, reaffirming its pro-crypto stance amid political uncertainty following President Yoon Suk-yeol's impeachment. The government aims to develop a comprehensive regulatory framework while monitoring global trends, particularly U.S. policies under President-elect Donald Trump. Despite the turmoil, trading activity remains strong on major exchanges as investors seek cryptocurrencies as a hedge against the weakening Korean Won.
Crypto News Flash
CHN RUS USA KOR Donald Trump Vladimir Putin Cynthia Lummis Yoon Suk Yeol Jerome Powell Show more
Finance & Economy, Market Report
15:27 19.12.2024
federal reserve chair rules out bitcoin ownership citing legal restrictions
Federal Reserve Chair Jerome Powell has firmly stated that the Fed cannot hold bitcoin due to legal restrictions outlined in the Federal Reserve Act, which limits its assets to U.S. government bonds. He reiterated his cautious stance on cryptocurrencies, labeling them as speculative and volatile, while distinguishing them from central bank digital currencies (CBDCs). Meanwhile, President-elect Donald Trump has proposed establishing a national bitcoin reserve, aiming to enhance the U.S.'s position in the cryptocurrency market, which has led to a surge in bitcoin's value.
Bitcoin News
United States Dollar End Federal Reserve USD USA Donald Trump David O. Sacks Cynthia Lummis Jerome Powell Show more
Regulatory & Legal, News Article
01:30 19.12.2024
Ohio proposes state-backed Bitcoin reserve to combat dollar devaluation
Ohio State Representative Derek Merrin has introduced the Ohio Bitcoin Reserve Act, aiming to allow the state treasurer to invest surplus funds in Bitcoin to hedge against dollar devaluation. This initiative reflects a growing trend, with similar proposals emerging in Texas and Pennsylvania. Bitcoin's value has surged significantly this year, trading at $104,500, as lawmakers seek to strengthen state investment portfolios.
Crypto Briefing
Apple Inc. Bitcoin USD USA Donald Trump Derek Merrin Cynthia Lummis Show more
Finance & Economy, News Article
19:47 18.12.2024
Congress includes crypto initiatives in stopgap funding bill to avert shutdown
A stopgap funding bill unveiled in Congress includes the "Deploying American Blockchains Act," which aims to bolster U.S. leadership in blockchain technology and establish a National Blockchain Deployment Advisory Committee. This initiative, supported by bipartisan negotiations, seeks to explore blockchain's potential benefits for federal agencies and national security. Meanwhile, President-elect Donald Trump has appointed Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary, positioning him to promote crypto-related technologies in the U.S.
Decrypt
SpaceXCoin USD Cantor Fitzgerald Income Trust, Inc. Class I USA Donald Trump Joe Biden Cynthia Lummis Elon Musk Larry Bucshon Howard Lutnick Show more
Regulatory & Legal, News Article
19:09 18.12.2024
arthur hayes warns of bitcoin sell-off amid trump presidency expectations
Arthur Hayes, former BitMEX CEO, warns of a potential "vicious sell-off" in Bitcoin as Donald Trump takes office, citing unrealistic expectations for his administration's crypto policies. He doubts the establishment of a strategic Bitcoin reserve from seized assets and predicts market disappointment ahead of the 2026 midterms. Despite a low prediction accuracy of 25%, Hayes remains optimistic about Bitcoin's long-term potential, advocating for buying during market dips.
Decrypt
BitMEX Token USD USA HKG Cynthia Lummis Arthur Hayes Donald Trump Show more
Finance & Economy, Blog Post
14:57 18.12.2024
Trending
Subcategory:
Cryptocurrency Markets Stock Market Updates Cryptocurrency Trends Market Sentiment Analysis Central Bank Actions Banking Regulations Corporate Responsibility & ESG Decentralized Finance (DeFi) Innovations Tokenomics and Crypto Economics Mergers & Acquisitions Cryptocurrency & Blockchain Regulations Cryptocurrency Developments Blockchain Technology Adoption Anti-Money Laundering (AML) Regulations Market Analysis and Predictions Emerging Startups Cryptocurrency Regulations Inflation Rates & CPI Data SEC & Financial Compliance Banking & Investment Regulations
Countries:
USA CHE GBR DEU ARE HKG AUS JPN CHN IND SGP DNK CAN NGA FIN COL AUT VGB LIE TUR
Companies:
Credit Suisse Real Estate Fund Siat BlackRock, Inc. Coinbase Global, Inc. Solana USD Ethereum USD Ripples USD Tesla, Inc. Fidelity Contrafund Cardano USD Apple Inc. NVIDIA Corporation Grayscale Litecoin Trust Chainlink USD Tether USDt CNY Google Inc. Amazon.com, Inc. MicroStrategy Inc End Federal Reserve USD MicroStrategy Incorporated Crypto.com Staked ETH USD
Currencies:
United States Dollar Euro Swiss Franc Japanese Yen Australian Dollar Indian Rupee Canadian Dollar Mozambican Metical British Pound Sterling Norwegian Krone Mongolian Tögrög Colombian Peso Singapore Dollar
People:
Donald Trump Ali Martinez Elon Musk Karin Keller-Sutter Jerome Powell Ueli Maurer Michael J. Saylor Thomas Jordan Gary Gensler Colm Kelleher Alan Santana Paul Atkins Joe Rogan Martin Schlegel Isabelle Chassot Mario Nawfal Paolo Ardoino Sergio Ermotti Dana White Joe Biden

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Links

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.