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Crypto Crime Trends: Rising Threats and Increased Losse
The cryptocurrency space continues to attract both innovation and risk, with increasing concerns over cybersecurity. As digital assets like Bitcoin and Ethereum become more mainstream, they are also becoming prime targets for cybercriminals. In 2024, cryptocurrency hack losses have surged by 21%, reaching an eye-watering $2.2 billion, according to recent reports. This marks the fourth consecutive year where cryptocurrency-related crimes have caused massive financial losses. The nature of these attacks is becoming more sophisticated. Cybercriminals now have access to advanced techniques to breach digital wallets, exchanges, and even decentralized platforms. These attacks often occur through phishing, ransomware, or exploiting vulnerabilities in smart contracts. The stolen funds are typically funneled through decentralized exchanges, making it difficult for authorities to trace the illicit movements. As the crypto industry grows, so does the scale of the threat. The decentralized nature of cryptocurrencies, while offering benefits like privacy and security, also makes them vulnerable to misuse. Hackers can act with relative anonymity, moving stolen assets across borders in seconds, making the recovery of stolen funds incredibly challenging.
For investors and crypto enthusiasts, these rising threats highlight the need for robust security measures. Using hardware wallets, enabling multi-factor authentication, and choosing exchanges with strong security protocols are essential steps to protect digital assets from cyberattacks. Additionally, vigilance in monitoring accounts for suspicious activity is critical to preventing significant losses. The rise in cybercrime also underscores the importance of regulatory oversight and institutional partnerships to strengthen security frameworks across the cryptocurrency ecosystem. As the industry matures, ensuring that platforms and users adhere to the highest security standards will be crucial to combatting the growing threat of digital crime.
Blockchain Technology's Rise: A New Era of Financial Innovation
Blockchain technology continues to reshape the global financial landscape, offering a secure, decentralized method of managing data and transactions. As cryptocurrencies like Bitcoin and Ethereum drive blockchain adoption, the technology’s applications are expanding far beyond digital currencies, impacting everything from supply chain management to voting systems.
The growth of blockchain has been fueled by its ability to offer transparency, security, and efficiency. By using cryptographic methods to create tamper-proof records, blockchain ensures that transactions are both secure and verifiable, making it ideal for industries that require reliable data management. For financial institutions, blockchain has the potential to drastically reduce the cost and complexity of transactions, enabling faster and cheaper cross-border payments, improving liquidity, and even transforming traditional banking systems.
One of the most exciting aspects of blockchain is its role in creating decentralized finance (DeFi), where financial services like lending, borrowing, and trading are conducted directly on the blockchain, bypassing traditional intermediaries. This shift toward DeFi has sparked a revolution in the way financial systems operate, offering users more control over their assets and expanding access to financial services globally.
As blockchain technology continues to evolve, the possibilities for its integration into everyday business and personal activities are limitless. From tokenization of assets to the creation of smart contracts that execute automatically based on predefined conditions, blockchain is poised to revolutionize industries beyond finance. The rise of blockchain represents a new frontier in technological advancement. It’s a future where trust is decentralized, transparency is paramount, and innovation knows no bounds. Whether you’re a developer, investor, or enthusiast, the blockchain ecosystem offers endless opportunities to explore, innovate, and grow.
Binance's Legal Challenges: The Battle for Crypto's Future
Binance, one of the world’s largest cryptocurrency exchanges, is currently facing significant legal challenges that have raised questions about the future of the platform and its ability to operate in key markets. The U.S. Securities and Exchange Commission (SEC) has accused Binance of mishandling customer funds, violating securities laws, and misleading regulators. These accusations have sparked a heated legal battle that could have far-reaching consequences for Binance and the broader crypto industry.
The SEC's actions against Binance are part of a broader trend of increasing regulatory scrutiny on cryptocurrency exchanges. While Binance has consistently denied these allegations, the legal proceedings have created a sense of uncertainty in the market. Traders and investors are closely monitoring the situation, as any significant regulatory decisions could influence the platform’s operations and the market’s overall stability.
For Binance, the stakes are high. A potential settlement or adverse ruling could result in hefty fines or stricter regulations, affecting not only its global operations but also its ability to offer certain services, including trading pairs and derivatives. However, Binance has remained confident, arguing that it is committed to complying with local regulations and ensuring that its platform remains secure for users.
The crypto industry as a whole is closely watching the outcome of Binance's legal battles. If regulators push for stricter compliance, it could reshape the regulatory landscape for exchanges worldwide, forcing them to adopt more transparent and secure practices. On the other hand, a favorable outcome for Binance could pave the way for a more lenient approach to crypto regulation, encouraging further innovation and growth within the space.
As the legal battle continues, the crypto community is left with a sense of anticipation, knowing that the outcome could significantly influence the direction of cryptocurrency regulation and adoption globally.
Grayscale's Bitcoin ETF Victory: A Landmark Decision
In a groundbreaking legal victory, Grayscale Investments has won a significant battle against the U.S. Securities and Exchange Commission (SEC). This landmark decision paves the way for Grayscale to convert its Bitcoin Trust into a spot Bitcoin exchange-traded fund (ETF), marking a historic moment for the cryptocurrency industry.
The victory has been hailed as a crucial step in legitimizing Bitcoin and other cryptocurrencies within the mainstream financial system. A Bitcoin ETF allows institutional investors to gain exposure to Bitcoin without having to directly purchase and store the cryptocurrency. This could potentially open the floodgates for more institutional capital to flow into the digital asset space, which has been a key factor in the recent surge in Bitcoin prices.
The SEC had previously rejected Grayscale’s proposal, citing concerns over the potential for fraud and manipulation in the Bitcoin market. However, the court ruled that the SEC’s decision was arbitrary and capricious, underscoring the increasing recognition of cryptocurrency as a legitimate asset class. This ruling not only boosts Grayscale’s chances of launching the ETF but also strengthens the case for other Bitcoin-focused investment products.
For investors, this victory signals a new era of increased institutional participation in the cryptocurrency market. With the approval of Bitcoin ETFs, cryptocurrencies will continue to move toward integration with traditional financial markets, making them more accessible to a broader audience.
The move also has significant implications for the future of cryptocurrency regulation. As more institutional investors enter the market, regulators will be forced to adapt to this new reality and provide clearer frameworks for digital assets.
The Grayscale victory is a key moment in the ongoing evolution of cryptocurrency, marking the beginning of a more regulated and institutionalized future for Bitcoin and other digital assets.
The cryptocurrency industry is on the cusp of a new era, one where digital assets are increasingly being integrated into traditional financial systems. One of the most significant developments in this space is the growing movement towards crypto banks—institutions that bridge the gap between digital currencies and conventional banking services.
For years, cryptocurrency businesses have faced challenges when it comes to banking. The collapse of major platforms like FTX in 2022 highlighted the di
Brevan Howard and Galaxy Digital's Gains: Capitalizing on the Boom
The cryptocurrency boom of 2024 has been a significant win for many investors, particularly for crypto-focused hedge funds like Brevan Howard and Galaxy Digital. These funds have capitalized on the soaring prices of Bitcoin and other digital assets, raking in impressive returns in a short amount of time.
Brevan Howard and Galaxy Digital have seen their investments soar, with Brevan Howard’s crypto fund gaining 46% in November alone. This substantial growth has pushed their year-to-date returns to an incredible 76%, far surpassing the broader hedge fund industry, which has seen more modest gains of around 10%. These gains are a testament to the growing interest and success of hedge funds that specialize in digital assets.
The surge in the crypto market has been driven by several factors, including the election of crypto-friendly leaders, increased institutional adoption, and the integration of cryptocurrencies into the mainstream financial sector. This has created a perfect environment for crypto-focused funds to thrive.
For hedge funds like Brevan Howard and Galaxy Digital, this boom is not just about riding the wave of market growth. It’s about strategically positioning themselves to benefit from long-term trends in the digital asset space. With institutional investors entering the market and cryptocurrencies becoming more widely accepted, these hedge funds are well-positioned to continue benefiting from the market's evolution.
However, the crypto market’s volatility means that the road ahead won’t always be smooth. While the current trends point toward continued growth, there’s always the possibility of significant price corrections. For investors, this means that risk management and strategic decision-making will be key to maximizing gains while minimizing losses.
The rise of crypto-focused hedge funds marks a new era in digital asset investment. As the market continues to mature
Cryptocurrency hacks are becoming more frequent and damaging, with losses from cybercrime in the crypto space surging by 21% in 2024. According to a report from Chainalysis, total losses reached an alarming $2.2 billion, marking the fourth consecutive year in which crypto hack losses have exceeded $1 billion. This rise in losses underscores the growing need for robust cybersecurity measures in the digital asset market.
As the cryptocurrency industry continues to expand, it is becoming an increasingly attractive target for cybercriminals. Hacks range from wallet breaches to large-scale attacks on exchanges and smart contracts. These cybercrimes not only lead to substantial financial losses for investors but also undermine trust in the security of the entire crypto ecosystem.
One of the most significant concerns is the anonymity that cryptocurrencies offer. While this feature is beneficial for privacy and decentralization, it also allows hackers to operate with relative ease, moving stolen funds across borders without easy traceability. This has led to a rise in illegal activities, such as ransomware attacks and phishing scams, that target both individual investors and large institutions.
The crypto community is working tirelessly to improve security standards, with many exchanges and platforms adopting two-factor authentication, multi-signature wallets, and other security protocols to protect users. However, the constant evolution of hacking techniques means that staying ahead of cybercriminals is a continuous battle.
For investors, it is crucial to stay informed about potential risks and take necessary precautions. Always use reputable exchanges, enable strong security measures, and consider using hardware wallets for storing significant amounts of cryptocurrency.
As the crypto market grows, so does the importance of securing digital assets against rising threats. The future of cryptocurrency depends not only on market innovation but also on the industry’s ability to protect its users from cyberattacks.
In a significant development for the cryptocurrency and media industries, Rumble Inc., a right-leaning video platform, has received a $775 million investment from Tether, the issuer of the USDT stablecoin. This partnership is poised to accelerate Rumble’s growth, providing the platform with the resources needed to expand its reach and enhance its services.
Tether’s involvement in the deal comes at a time when the cryptocurrency market is gaining more traction and institutional interest. With this substantial investment, Rumble aims to position itself as a leading platform in the media space, similar to other tech giants. The infusion of capital will also be used to fund a self-tender offer for up to 70 million shares, offering investors an opportunity to gain shares in the company.
The partnership between Rumble and Tether symbolizes the increasing convergence of traditional media with the cryptocurrency space. Tether’s investment highlights the growing confidence of digital asset companies in media platforms, with a shared goal of utilizing innovative technologies to enhance audience engagement and grow their respective user bases.
This development is a reflection of the larger trend where cryptocurrency companies are diversifying their portfolios, and media platforms are starting to leverage digital assets for growth. The move is also indicative of Tether’s strategic approach to solidifying its position as a major player in the crypto world, aligning itself with emerging platforms and technologies.
For investors, this partnership represents an exciting opportunity, as both the cryptocurrency and media sectors continue to evolve. As Rumble expands its influence, the integration of blockchain technology and crypto-based investments could lead to new revenue streams and a more integrated digital economy.
Stay tuned to see how this partnership unfolds and the potential impacts on both the media and cryptocurrency industries!
As cryptocurrency continues to gain global momentum, several U.S. states are taking the lead in adopting crypto-friendly policies, creating a shift toward broader acceptance of digital assets. Bitcoin’s rise to over $100,000 and the approval of Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission have catalyzed this movement. These developments have laid the groundwork for a future where digital currencies play a significant role in the U.S. economy.
With President-elect Donald Trump’s pro-crypto stance, many expect a national policy shift. However, individual states are already ahead of the curve, making moves to integrate cryptocurrency into their economies. States like Wyoming, Texas, and Florida have implemented regulations that provide businesses with clarity, making them attractive destinations for crypto entrepreneurs and investors.
One of the most significant drivers of this state-level adoption is the desire for financial innovation. As more states establish clear guidelines and frameworks, other regions are likely to follow suit, creating a competitive environment for crypto-friendly policies. Additionally, the potential for using cryptocurrency as a hedge against inflation and a way to diversify portfolios has sparked interest among institutional investors.
Despite these advancements, there are challenges ahead. As more states embrace crypto, there will be growing pressure to align regulations with federal guidelines. Balancing innovation with consumer protection will be crucial to the success of these policies. Furthermore, as the crypto industry expands, regulators will need to ensure that anti-money laundering (AML) and know-your-customer (KYC) regulations are adequately enforced to prevent illegal activities. The push for state-level crypto policies marks the beginning of a new chapter in the digital asset revolution. With the continued growth of crypto adoption, the U.S. could soon become a global leader in cryptocurrency innovation.
The cryptocurrency market in the UK is at a crossroads. While the digital asset space continues to expand rapidly, there remains a significant gap in the regulatory framework. Cryptocurrency industry leaders have been vocal about the need for the UK to catch up in terms of providing clear and effective regulations for crypto markets.
The Financial Conduct Authority (FCA) has been consulting on how to best regulate cryptocurrencies, but there are concerns that the pace of regulation is too slow. Experts like Konstantinos Adamos of Revolut and Dina White of Zodia Markets have highlighted the importance of collaboration between financial institutions and regulators to create a fair environment for crypto businesses.
The delay in regulatory clarity is causing confusion and uncertainty among crypto firms operating in the UK. Many companies have been forced to navigate a patchwork of unclear rules, and this has led to hesitation in making major investments. This lack of clarity also hampers the UK's ability to attract international crypto businesses, especially as countries like Switzerland and Singapore have already established well-defined frameworks for digital asset regulation.
Moreover, the growing involvement of institutional investors in the crypto market emphasizes the need for stronger regulations. These investors require the stability and transparency that clear rules provide, especially when dealing with large sums of money. As cryptocurrencies become a more integral part of the global financial system, it’s essential for the UK to establish a robust regulatory framework that fosters innovation while protecting consumers.
As the UK works toward clearer regulations, investors and companies alike must stay vigilant and adaptable. The future of crypto in the UK depends on striking the right balance between innovation and regulation.
Cryptocurrency scams are on the rise, and Nigeria is feeling the impact. In a bold move, the Nigerian Economic and Financial Crimes Commission (EFCC) recently arrested hundreds of individuals involved in crypto-related fraud, with a particular focus on romance scams. These scams often prey on unsuspecting individuals by tricking them into sending large sums of money, often under the guise of online relationships.
In the largest anti-fraud operation in the country’s history, the EFCC detained 792 individuals, including 148 Chinese nationals and 40 Filipinos, who had been recruited to participate in these illicit activities. These individuals were not just targeting Nigerians but were involved in a larger international web of crypto scams. The EFCC has been cracking down on these operations, arresting suspected fraudsters and shutting down online scam networks that leverage cryptocurrencies for fraudulent activities.
The scale of these scams is staggering. With cryptocurrencies offering a sense of anonymity, scammers are able to carry out these operations without being easily tracked. The popularity of digital assets has made them an attractive tool for fraudsters looking to exploit people, especially those unfamiliar with the intricacies of the crypto world.
This crackdown serves as a stark reminder of the dangers lurking in the digital landscape. While cryptocurrencies offer incredible potential for financial growth, they also come with their own set of risks. As the Nigerian government intensifies its efforts to root out scams, this situation underscores the need for better awareness, education, and security in the crypto space.
For traders and investors, it’s crucial to stay informed and vigilant. Avoid falling victim to these fraudulent schemes by only engaging with trusted and verified platforms. Always do your research and be cautious of too-good-to-be-true offers.
The cryptocurrency market is back in the spotlight, with meme coins like Dogecoin, Shiba Inu, and others experiencing explosive gains. This surge has reignited excitement among investors, creating a frenzy reminiscent of the 2021 bull run. However, as the market skyrockets, there's a growing sense of caution. Could we be witnessing the resurgence of a crypto bubble?
Over the past week, altcoins have exploded in value, with prices shooting up by double-digit percentages in a short period. Investors are once again jumping into the meme coin craze, driven by FOMO (fear of missing out) and the hope of another meteoric rise like the one seen in 2021. As Dogecoin and Shiba Inu lead the charge, many are rushing to capitalize on the hype, hoping to turn small investments into large profits.
However, this surge may not be sustainable. The rapid rise of meme coins, fueled by speculative buying, is a classic characteristic of a market bubble. The same coins that are experiencing massive growth today could face steep declines when the excitement fades or when market sentiment shifts.
While some investors are profiting from the current boom, others are taking significant risks. It’s important to remember that these coins are highly volatile, and their value can be influenced by social media trends, celebrity endorsements, or viral moments, rather than real-world utility or strong market fundamentals.
For traders, the key is to stay cautious and manage risks wisely. Setting stop-losses, taking profits at key resistance points, and avoiding emotional trading are essential strategies in this unpredictable market. While the meme coin craze offers significant potential for profit, it also carries considerable risks.
As the crypto market continues to evolve, investors must stay vigilant and be prepared for both explosive gains and sudden corrections.
Crypto Market's Newfound Respectability: A Double-Edged Sword
The cryptocurrency market is currently experiencing an incredible surge, with Bitcoin recently trading above $100,000. This rise has been fueled by a combination of factors, including increased institutional interest and more favorable regulatory moves following President-elect Donald Trump's election. His pro-crypto stance has sent a clear message that the U.S. government is moving toward integrating digital assets into the mainstream financial system.
This newfound respectability for crypto assets is significant. Bitcoin, which was once dismissed as a speculative bubble, is now being recognized by large institutions and financial bodies. The approval of Bitcoin exchange-traded funds (ETFs) and a growing number of pro-crypto regulatory initiatives are bringing more confidence to the market.
However, this surge in cryptocurrency value is not without its risks. As the market continues to mature, so does its complexity. There is an underlying tension between the positive momentum and the reality of its volatility. For many investors, this is an exciting time, but also one of uncertainty. The sharp price fluctuations seen in coins like Bitcoin and Ethereum are a reminder that, while there is potential for massive growth, there is also significant risk.
Despite these risks, the crypto market's upward trajectory is undeniable. With more people and institutions entering the space, the potential for future growth is immense. For traders, this is a critical moment to adjust strategies, stay alert to market trends, and manage risks carefully.
As we continue to watch the crypto market evolve, one thing is clear: the digital asset space is here to stay, and its integration into the global financial system is inevitable. The question remains, however, whether it can achieve long-term stability or whether it will remain prone to the volatility that has characterized much of its history.
$XRP 's Recent Struggles: A Bumpy Road Ahead XRP, once a star performer in the cryptocurrency market, has faced a series of setbacks recently. In the past 24 hours, XRP dropped 2.3%, now trading at $2.19. This downturn follows a turbulent year for the token, which saw its price soar from 62 cents at the start of 2024 to a high of $2.89 on December 3. However, despite its recent highs, XRP is now on the decline. The price dip is a stark reminder of the volatility inherent in the cryptocurrency market. XRP has become a focal point for market participants, especially following its legal battles and ongoing regulatory scrutiny. While many hoped for a breakout following its earlier rally, the recent price drop has left traders on edge, questioning whether the momentum can be regained or if a prolonged period of consolidation lies ahead. The challenges for XRP are multifaceted. While it continues to have strong support from certain quarters, the market's fluctuating sentiment and external regulatory pressures have created a level of uncertainty. Investors are wary, and with market sentiment shifting towards caution, the outlook for XRP remains cloudy for now. That being said, XRP’s overall performance in 2024 cannot be ignored. The significant gains seen earlier this year suggest that if the market stabilizes, XRP could once again find its footing and push toward higher targets. For now, it is essential for traders and investors to closely monitor support levels and be prepared for further volatility in the coming weeks. As always, caution and well-planned strategies will be key for anyone looking to trade or invest in XRP in the near future. Stay informed and adjust your strategies accordingly! #XRP #CryptoMarket #Volatility #CryptoTrading #Write2Earn
Trump's Crypto-Friendly Appointments: A New Era In a groundbreaking move that has sent shockwaves through the crypto community, President-elect Donald Trump has appointed Stephen Miran as the Chair of his Council of Economic Advisers. This appointment signals a new era for the cryptocurrency market, one that could see significant shifts in how digital assets are regulated and integrated into mainstream finance. Stephen Miran is widely recognized for his pro-crypto stance, advocating for deregulation and an environment where digital currencies can thrive without excessive government interference. As a vocal supporter of Bitcoin and blockchain technologies, Miran’s appointment is seen as a clear message that Trump’s administration is committed to fostering a crypto-friendly landscape in the U.S. economy. This move follows Trump’s broader policy of supporting innovative technologies, and it aligns with the rising momentum for regulatory clarity in the crypto space. Many experts believe that Miran's leadership could pave the way for more transparent and effective regulations, potentially attracting greater institutional investment into the market. With a well-respected figure like Miran at the helm, cryptocurrency advocates are optimistic about the future. The ripple effects of this appointment are already being felt across the market. As Bitcoin and other digital currencies continue to gain traction, the clarity brought by Miran’s leadership could provide the stability needed for crypto assets to flourish even further. Investors and enthusiasts alike are watching closely to see how his policies will impact the industry. Miran’s appointment is just the beginning. As regulatory frameworks evolve and new policies emerge, the crypto industry stands to benefit from more favorable conditions, potentially leading to even greater mainstream adoption. This development marks a turning point for the crypto industry, and the potential for a more regulated, yet thriving, digital asset market has never been more promising.
Bitcoin $BTC Price Volatility: A Rollercoaster Ride Bitcoin, the pioneer of cryptocurrencies, has been on a wild ride recently. Over the past 24 hours, its price dipped by 0.9%, settling at $95,470. This decline follows a turbulent week influenced by the Federal Reserve's hawkish stance on interest rates for 2025. Despite this setback, Bitcoin has surged over 100% this year, largely due to President-elect Donald Trump's pro-crypto policies. The global crypto market has seen massive ups and downs, and Bitcoin's volatility continues to make headlines. With the recent price adjustments, Bitcoin has proven itself as both a highly rewarding and risky investment. Traders are eyeing every move, from resistance points to breakout levels, making Bitcoin’s market actions exciting to follow. Bitcoin's market performance is a reflection of the underlying market conditions. Despite the occasional dip, the digital currency is still regarded as the leading crypto asset with a long-term upward trajectory. Many investors see Bitcoin as a hedge against inflation, especially amid global economic uncertainty and fluctuating fiat currencies. For crypto traders, Bitcoin's volatility presents both opportunities and risks. In the coming weeks, Bitcoin’s potential to break past the $100,000 resistance level is something to keep an eye on. However, market participants should remain cautious, considering how quickly the market can shift. The current state of Bitcoin is both a cautionary tale and a beacon of hope for many in the crypto world. As the digital asset market evolves, Bitcoin's role as the flagship cryptocurrency will continue to be tested by market conditions and regulatory changes. So, whether you’re a seasoned trader or a crypto newcomer, Bitcoin’s journey remains one of the most thrilling aspects of the market today. Stay tuned and manage your risks wisely! #Crypto #Bitcoin #Trading #Write2Earn
$SOL shows strong bullish momentum but is currently pulling back. Watch support at $192.88, $187.86, and $116.86. If SOL holds above these levels, it could resume its rise toward $264 and potentially $280. #SOL #Solana
$SOL achieved a major milestone today as it smashed through its second resistance target of $186.50, validating bullish predictions. Currently trading at $186.11, the price reflects a solid gain of +1.21%, signaling strong momentum in the market.
Key Takeaways:
1️⃣ Target 1: $184.00 – Successfully hit, indicating an early bullish confirmation.
2️⃣ Target 2: $186.50 – Achieved, showing the continued strength of SOL's uptrend.
Next Levels to Watch:
🚀 Resistance 3: $188.00 – A potential next target if momentum persists.
📉 Support Zone: $181.70 – Should a pullback occur, this level could offer stability.
SOL's breakout underscores the importance of monitoring critical resistance levels for optimal trading opportunities. Keep an eye on the next moves as the price consolidates near these critical zones!
🚨 $SOL Testing Key Levels – Will the Bulls Take Charge? 🚨
$SOL is trading at $181.70, down 0.80% in the last 24 hours. After reaching a high of $187.87 and a low of $176.48, the price is consolidating near critical levels, hinting at potential breakout opportunities.
Key Levels to Watch:
Resistance Levels (Upward Targets):
1. $184.00
2. $186.50
3. $188.00
Support Zone: $176.50
Trade Setup:
A breakout above $184.00 could pave the way toward $186.50 and $188.00.
A breakdown below $176.50 might trigger further declines, with potential support near $172.00.
📊 Market Insight: $SOL is showing mixed signals, with traders closely watching for volume spikes to determine the next direction. Plan your trades carefully to capitalize on any moves.#USJoblessClaimsFall #CorePCESignalsShift #ChristmasMarketAnalysis
US LATEST: Michael Saylor floats U.S. crypto framework with $81T Bitcoin reserve plan
“A strategic digital asset policy can strengthen the US dollar, neutralize the national debt, and position America as the global leader in the 21st-century digital economy,” Saylor said.