Senator Lummis Chairs Digital Assets Committee
Senator Cynthia Lummis has been elected as chair of the Senate Banking Subcommittee on Digital Assets. Known for her strong support of #Bitcoin and blockchain technology, she aims to urgently pass laws creating a Strategic Bitcoin Reserve. This elevation marks a significant event for the crypto industry. The Senate Banking Committee is set to officially vote on this appointment tomorrow at 10 AM EST.
Links:
- Leviathan News
- Watcher Guru
- Fox Business
#Lummis#DigitalAssets#Crypto#Bitcoin#Blockchain#USSenate#BitcoinReserve#VC#Regulation#Finance#Investment#Economy#Innovation
Trump Announces U.S. Bitcoin Strategic Reserve
🚨 President Trump signs an Executive Order to create a Strategic Reserve of Bitcoin.
Key points:
- Executive action allows acquisition of Bitcoin only through confiscated funds.
- Full audit of digital assets held by the government mandated.
- Coinbase CEO believes G20 nations will follow U.S. leadership in Bitcoin reserves.
- Senator Lummis claims U.S. is becoming the Bitcoin capital of the world.
Market impact: $225M liquidated in crypto markets shortly after the news.
For more details, see the post here: Leviathan News
#Bitcoin#Crypto#VC#US#Trump#Lummis#ExecutiveOrder#Reserve#Blockchain#DigitalAssets#CryptoMarket#G20#Coinbase#Regulation#XRP#ADA#ETH#SOL
Coinbase Subpoenaed in Polymarket Inquiry
Coinbase confirms it has received a subpoena related to the CFTC's investigation into Polymarket. This development raises questions about regulatory scrutiny in the crypto space.
*Senator Cynthia Lummis is expected to head a new Senate committee focused on digital assets, which may influence future legislation.*
Read more: Velo News
#Coinbase#CFTC#Polymarket#Crypto#Senate#DigitalAssets#Regulation#Blockchain#USPolitics#Lummis#Finance#Investing#Market#Law#Technology#Innovation#Compliance#Research#Velo#News
Major Bitcoin Moves & New Token Launch
🔹 Bitcoin reaches $101,898.
🔹 Leviathan’s Legal-Squid-in-Residence launches new token on flaunch.gg. 5% of the supply locked with GAIB BORG.
🔹 150,000,000 #USDT transferred to unknown wallet (worth $150,040,874).
🔹 59,000,000 #USDC minted at USDC Treasury.
🔹 Senator Lummis calls President Trump’s sovereign wealth fund order a '*₿ig deal*'.
🔹 Trump reportedly purchases 86,000 ETH for $220 million amidst market fears.
Stay updated for more!
#Bitcoin#USDT#USDC#Crypto#Finance#WealthFund#Lummis#Trump#ETH#TokenLaunch#GAIBBORG#Investment#WhaleAlert#MarketNews#SovereignWealth#Ethereum#Flaunch#Leviathan#TraderAlert#CryptoMarket