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Cynthia Lummis Says Strategic Bitcoin Reserve Could Take Shape Soon After Trump 'Raises His Hand And Is Sworn In'
Wednesday, November 20, 2024 - 2:15am | 611Sen. Cynthia Lummis (R-Wyo.) expressed optimism that certain aspects of the proposed strategic Bitcoin (CRYPTO: BTC) reserve could begin to take shape following President-elect Donald Trump's inauguration ceremony. What happened: During an interaction on X spaces hosted by asset manager VanEck on...
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Pennsylvania Introduces Bitcoin Strategic Reserve Act To Invest Up To $700 Million In BTC
Thursday, November 14, 2024 - 3:52pm | 793President-elect Donald Trump's proposal to establish a national Bitcoin (CRYPTO: BTC) reserve has sparked a wave of support across the United States, with Pennsylvania leading the charge by considering its own state-held cryptocurrency reserve. What Happened: This movement aligns with Trump’s...
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Ark Invest's Cathie Wood Joins Call For Strategic Bitcoin Reserve, Gives Thumbs Up To Cynthia Lummis' Plan
Thursday, November 7, 2024 - 5:11am | 526Cathie Wood, the founder of asset management giant Ark Invest, supported Sen. Cynthia Lummis' (R-Wyo.) call to establish a U.S. strategic Bitcoin (CRYPTO: BTC) reserve. What happened: On Tuesday, Wood reshared an X post by the Republican senator promising to make the ambitious proposal a reality....
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Senator Cynthia Lummis Slams President Biden For Slow Deployment Of EV Charging Infrastructure In California
Wednesday, September 18, 2024 - 2:30am | 551Sen. Cynthia Lummis (R-Wyo.) on Tuesday slammed President Joe Biden for permitting delays in deploying EV charging infrastructure in the state of California where EV adoption is highest. What Happened: “Tell me, President Biden, how do you expect to power America's electric vehicles by 2030...
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Crypto Markets Surge After Powell Hinted At Rate Cuts, Cynthia Lummis Doubts Kamala Harris' Crypto Support And More: Top Crypto Updates
Sunday, August 25, 2024 - 8:44am | 516As the week rolled in, the world of cryptocurrencies saw a flurry of activity. From market surges to political tensions, the crypto landscape was anything but dull. Here’s a quick round-up of the top stories that made headlines. Bitcoin, Ethereum, and Dogecoin Witness ‘Golden Cross...
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Pro-Bitcoin Senator Cynthia Lummis Says 'Not A Single Indication' That Kamala Harris Would Be Good For The Crypto Industry
Thursday, August 22, 2024 - 12:52am | 477Sen. Cynthia Lummis (R-Wyo.), a known cryptocurrency and Bitcoin (CRYPTO: BTC) advocate, claimed there is nothing to suggest that Democratic presidential candidate Kamala Harris will support the industry, although fresh developments may suggest otherwise. What Happened: Speaking at the SALT Wyoming...
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Cynthia Lummis' Bitcoin Reserve Legislation Gets Support From Riot Platforms Executive: 'I'm More Bullish On BTC For The Next 20 Years'
Wednesday, August 14, 2024 - 12:47am | 623Pierre Rochard, VP of Research at Riot Platforms, responded to criticism against Senator Cynthia Lummis' (R-Wyo.) recently introduced BITCOIN Act, which aims to strengthen the U.S. dollar and help reduce the nation’s rapidly increasing debt. What Happened: In a YouTube video aired...
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Peter Schiff Finds Fault With Cynthia Lummis' Bitcoin Reserve Bill: 'The Senator's Plan Is To Create Inflation To Buy King Crypto'
Monday, August 5, 2024 - 11:35pm | 646Renowned economist Peter Schiff criticized Senator Cynthia Lummis‘ (R-Wyo.) proposed legislation to establish a U.S. Bitcoin (CRYPTO: BTC) reserve, arguing that it would lead to inflation. What Happened: On Monday, Schiff explained his point of view regarding the bill proposed by Lummis. The...
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Cynthia Lummis Unveils Strategic Bitcoin Reserve Legislation: 'This Is Our Louisiana Purchase Moment'
Wednesday, July 31, 2024 - 9:36pm | 614Senator Cynthia Lummis (R-Wyo.) officially introduced legislation to establish a U.S. strategic Bitcoin (CRYPTO: BTC) reserve, aiming to enhance the U.S. dollar’s strength and address the national debt. What Happened: Sharing details of the Boosting Innovation, Technology, and...
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Strategic Bitcoin Reserve Could Be Paid For By Federal Reserve Earnings And Reevaluating Gold, Proposes Senator Lummis
Wednesday, July 31, 2024 - 8:25am | 605A new proposal to establish a U.S. strategic bitcoin reserve is gaining traction, as pro-Bitcoin (CRYPTO: BTC) Senator Cynthia Lummis (R-Wyo.) unveiled her plan at the Bitcoin Nashville conference on Saturday. What Happened: She took the stage shortly after former President Donald Trump, the...
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Cynthia Lummis' Push For Bitcoin Strategic Reserve Ridiculed By Economist Justin Wolfers: 'One Of The Most Amazing Word Salads I've Ever Read'
Monday, July 29, 2024 - 11:57pm | 664Renowned economist Justin Wolfers scoffed at pro-Bitcoin Senator Cynthia Lummis‘ (R-Wyo.) point of view that adding Bitcoin (CRYPTO: BTC) as a strategic reserve would cut down inflation and national debt. What Happened: On Monday, Wolfers, who is also a professor at the Ford School...
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Cynthia Lummis Slams Biden's 30% Bitcoin Mining Tax Proposal, Vice President Kamala Harris Snubs Bitcoin Conference And More: Top Crypto Updates This Week
Saturday, July 27, 2024 - 8:00pm | 583The week was a whirlwind of cryptocurrency news, with big names like Elon Musk and Vice President Kamala Harris making headlines. From Musk’s profile picture causing a meme coin surge to Harris’ team seeking crypto advice from Mark Cuban, the crypto world was buzzing with activity. Here...
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Senator Cynthia Lummis Slams Biden Administration's 'Dangerous Scheme' To Impose 30% Tax On Bitcoin Mining, Call It 'Blatant Attack' On American Excellence
Wednesday, July 24, 2024 - 1:20am | 639Sen. Cynthia Lummis (R-Wyo.) slammed Joe Biden's administration proposal to impose a 30% tax on Bitcoin (CRYPTO: BTC) mining operations, calling it a "blatant attack" on innovation and American excellence. What Happened: In a so-called "orange paper" shared on Tuesday, the senator outlined several...
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Senate Votes To Overturn Controversial SEC Crypto Rule, But Will Biden Veto It?
Thursday, May 16, 2024 - 2:15pm | 786The U.S. Senate joined the House of Representatives on Thursday in voting to overturn a policy implemented by the Securities and Exchange Commission (SEC) seen as hindering crypto adoption. However, the effort faces a potential roadblock as President Joe Biden has threatened to veto the resolution...
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U.S. Senators Lummis, Gillibrand Renew Push For Stablecoin Bill
Wednesday, April 17, 2024 - 10:40am | 572U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) on Wednesday introduced a new stablecoin bill, aiming to define how these digital tokens will operate within the American financial system. What Happened: Under the proposed legislation, companies issuing stablecoins for payments...