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Senator Elizabeth Warren is indicting President Donald Trump’s meme coin and pushing for the US Office of Government Ethics and financial regulators to dig into the ethical and regulatory details surrounding the $TRUMP token. Warren, who is the top Democrat on the Senate Banking Committee, which oversees US financial regulators, says the assets, including First […]

Pakinomist — The prospect of a US strategic reserve appears to be gaining traction, with a nod from Senator Cynthia Lummis and support from Binance founder Changpeng Zhao, known as CZ. On Thursday, it was announced that Senator Lummis will chair the Senate Banking Subcommittee on Digital Assets. Lummis tweeted about her commitment to advancing

Payments remain the big unsolved use of the Internet. When we buy something online, we generally use a traditional payment method, e.g. a credit card that is not “native” to the experience. Your ability to trade with a dealer is verified by a third party (like a bank), which increases costs and adds a lot

Pakinomist – Michael Saylor, maximalist and MicroStrategy’s executive chairman, has previously taken to his account on the social media X platform (commonly known as Twitter in the past) to deliver a Bitcoin-themed MicroStrategy message to his multi-million army of followers. In his traditional style, the MicroStrategy founder shared an AI-generated image depicting Saylor sitting in

US President Donald Trump has come through with a much-anticipated executive order on crypto, directing his administration to establish friendly policies to put the industry on solid American footing and consider establishing a “digital asset repository.” After years of courtroom battles with federal authorities, Trump’s order issued Thursday could allow the digital asset sector to

Pakinomist – In a recent tweet, renowned economist and gold advocate Peter Schiff made a comparison between and traditional fiat currencies. Schiff, a well-known Bitcoin critic, highlighted a significant difference and similarity between the two, sparking reactions from the cryptocurrency community. According to Schiff, the biggest similarity between traditional fiat currencies and Bitcoin is that

It took institutions over a decade to take bitcoin (BTC) seriously as an investment vehicle, even though well-known financial pioneers had taken the biggest cryptocurrency to market years earlier. But not even a year after the launch of spot bitcoin exchange-traded funds (ETFs), which saw adoption by pension funds, hedge funds and even universities, one

Pakinomist – The price of the leading cryptocurrency (BTC) has literally skyrocketed today as the possibility of the Bitcoin Strategic Reserve being announced in the near future has quickly increased following a post by Senator Cynthia Lummis. Lummis said in his X post that something big will be announced today. The senator is known for

Binance Labs, the former investment arm of exchange giant Binance, is getting a major overhaul under a new name, YZi Labs, with former Binance CEO Changpeng “CZ” Zhao closely involved in operations, the firm announced Thursday. The reshuffle means the investment firm will go from being the exchange’s venture capital arm to the family office

Pakinomist – Here are the top three news stories of the past day, brought to you by Pakinomist. Society Gets Important Warning About New Threat: Details XRPScan, a popular XRP Ledger Explorer, has recently issued an important warning to the XRP community on the X platform. The warning concerns speculation about an XRP account allegedly