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Michael Saylor Urges US to Establish Bitcoin Reserve Amid Trump’s Pro-Crypto Stance
MicroStrategy Former CEO Michael Saylor has been extremely vocal about the potential of creating a Bitcoin Strategic Reserve for the US since the possibility for the victory of a pro-crypto candidate in the US election emerged. US President-elect Donald Trump recently hinted about his plan to establish the reserve. The big question is: Will he be able to create one? The political scenario certainly looks challenging. Here is what you should know. Michael Saylor’s Take on Trump’s Crypto Policy In a recent interview, expressing happiness about the victory of pro-crypto candidate Trump in the US presidential election, Saylor called for...
Top 10 ERC-20 Tokens in December 2024
Blockchain projects thrive on innovation. The more developers push boundaries, the brighter a project’s future becomes. This December, Santiment ranked the top ERC-20 tokens by development activity. From DeFi giants to Web3 pioneers, these tokens reflect where the blockchain world is headed. Let’s take a closer look at who’s making the most noise. Chainlink’s Continued Dominance It’s hard to ignore Chainlink ($LINK). For months, it’s been leading in development activity, and December is no different. With 649 GitHub events in just a month, Chainlink outpaces even Ethereum. Why does it matter? Chainlink isn’t just about price or popularity. Their innovations,...
US Bitcoin ETF Holdings Overtake Satoshi’s Stash as World’s Biggest at 1.1M
Data shows the combined total Bitcoin holdings of the US-based spot Bitcoin ETFs surpassed Satoshi Nakamoto’s estimated holdings of 1.1 million BTC. The ETFs eclipsed Satoshi on Thursday last week following a flood of capital into the funds. BlackRock’s IBIT fund holds the most BTC of the US-based ETFs, at around 521,000, with Greyscale’s GBTC and Fidelity’s FTBC coming in second and third. US spot Bitcoin ETFs now hold a combined total of over 1.1 million BTC, more than the amount estimated to be held by the cryptocurrency’s pseudonymous creator Satoshi Nakamoto, according to data from crypto analytics platform CoinGlass....