Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves

US President-elect Donald Trump is reportedly considering an Executive Order to establish a Strategic Bitcoin Reserve (SBR), according to Satoshi Act Fund founder Dennis Porter. On Dec. 15, Porter shared on social media platform X (formerly Twitter) that Trump plans to use the Treasury’s Exchange Stabilization Fund (ESF) to implement this strategy after his inauguration….

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Major Warnings Issued by the Pi Network Team: Details

TL;DR Pi Network advised users to rely on official channels and use only the authentic Pi Wallet in the Pi Browser. With 14 million users verified and only 1 million left, Pi Network aims to launch its open network by December 31. However, delays and skepticism around the project continue to spark controversy. ‘Stay Safe,’…

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New fair value Bitcoin accounting rules go live paving way for corporate reserve adoption

The Financial Accounting Standards Board (FASB) has implemented its Fair Value accounting rule for crypto, effective Dec. 15, 2024. This update aims to address accounting and disclosure practices gaps for cryptocurrencies while enhancing transparency in financial reporting. Under the new rule, companies must measure their crypto holdings at fair value and update these valuations in…

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Will Ripple’s XRP ETF Launch Propel XRP Price to $10?

XRP price increased exponentially in 2024, a major milestone for this cryptocurrency amid the SEC vs. Ripple battles and years-long consolidation. Interestingly, the crypto market rally with Trump’s win has affected this struggling token positively, as it is currently trading at $2.41 after achieving a seven-year high of $2.84 at the beginning of the month….

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