Bitcoin’s Strongest Ally in the US Senate Is Leaving Office
Cynthia Lummis, an American attorney and politician serving as the junior United States senator from Wyoming since 2021, said she will not seek reelection. She is known as a long-term…
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Cynthia Lummis Says US Military Leaders Support Bitcoin Reserve
U.S. Senator Cynthia Lummis has stated that American military generals are “big supporters” of a strategic Bitcoin reserve. The Wyoming lawmaker made the remarks earlier this week while addressing attendees…
Bitcoin Advocate Lummis Skeptical of Near-Term Approval for Trump’s Crypto Reserve Plan
Wyoming Sen. Cynthia Lummis, a leading bitcoin proponent, cast doubt on the immediate feasibility of former President Donald Trump’s proposed cryptocurrency strategic reserve, citing insufficient Congressional backing as a critical…
VanEck Claims Bitcoin Reserves Could Offset $21T US Debt by 2049
VanEck has predicted that the United States could reduce its national debt by $21 trillion in the next 24 years. The firm’s analysts believe that this could be achieved by…
Cynthia Lummis Accuses FDIC of Destroying Operation Chokepoint 2.0 Records
Wyoming Senator Cynthia Lummis has issued a formal letter to Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg, expressing concerns following reports from whistleblowers within the agency. According to the…
Wyoming Senator Demands Answers on US Marshals’ Bitcoin Sale Plans
This week, Senator Cynthia Lummis raised concerns about the U.S. Marshals Service’s management of seized bitcoin, calling for transparency and questioning the decision to liquidate nearly 70,000 BTC, worth billions.…
US Senator Proposes Giving Federal Reserve Faculties to Own Bitcoin
U.S. Senator Cynthia Lummis recently reinforced the intention of extending faculties to the Federal Reserve to purchase and own bitcoin as part of its reserve assets. Lummis stated that the…
US Senator Pushes Gold Sales to Kickstart Massive Bitcoin Reserves
A U.S. senator has proposed selling gold reserves to create a strategic bitcoin reserve, a revolutionary move to bolster the dollar and tackle U.S. national debt. Selling Gold for Bitcoin:…
Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of…
US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant…