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PK Press Club — The prospect of a U.S. strategic reserve appears to be gaining traction, with a nod from Senator Cynthia Lummis and an endorsement from Binance founder Changpeng Zhao, known as CZ. On Thursday, it was announced that Senator Lummis would chair the Senate Banking Subcommittee on Digital Assets. Lummis tweeted about his […]

Payments remain the largest unsolved use case for the Internet. When we buy something online, we typically use a traditional payment method, like a credit card, that is not “native” to the experience. Your ability to transact with a merchant is verified by a third party (like a bank), which increases costs and adds a

PK Press Club – Michael Saylor, maximalist and executive chairman of MicroStrategy, used his account on social media platform X (widely known as Twitter in the past) to deliver a Bitcoin-themed MicroStrategy message to his army of several million people. of followers. In his traditional style, the MicroStrategy founder shared an AI-generated image, in which

US President Donald Trump has introduced a much-anticipated executive order on crypto that directs his administration to establish friendly policies to put the industry on solid footing in the United States and work to create a “stock of digital assets”. After years of legal battle with federal authorities, Trump’s order could allow the digital assets

PK Press Club – In a recent tweet, renowned economist and gold advocate Peter Schiff made a comparison between traditional fiat currencies and traditional fiat currencies. Schiff, a well-known Bitcoin critic, pointed out a major difference and similarity between the two, sparking reactions from the cryptocurrency community. According to Schiff, the main similarity between traditional

It took more than a decade for institutions to take bitcoin (BTC) seriously as an investment vehicle, even though well-known financial pioneers had embraced the market’s largest cryptocurrency years earlier. But just a year after the launch of spot Bitcoin exchange-traded funds (ETFs), which have been adopted by pension funds, hedge funds and even universities,

PK Press Club – The price of the leading cryptocurrency (BTC) literally skyrocketed today as the possibility of announcing the Bitcoin strategic reserve in the near future quickly climbed after a message from Senator Cynthia Lummis. Lummis said in his X post that something big was going to be announced today. The senator is well

Binance Labs, the former investment arm of exchange giant Binance, is undergoing a major overhaul under a new name, YZi Labs, with former Binance CEO Changpeng “CZ” Zhao being closely involved in the operations, the company announced Thursday. The rebranding means the investment firm is transitioning from being a venture capital arm of the exchange

PK Press Club – Here are the three main news stories of the past day brought to you by PK Press Club. community receives important warning about new threat: details XRPScan, a popular XRP Ledger Explorer, recently issued an important warning to the XRP community on the X platform. The warning concerns speculation about an

As technology evolves, the U.S. Securities and Exchange Commission (SEC) must evolve with it. Nowhere is this more true than in crypto, and now: the market for crypto assets has grown in size and sophistication, such that the SEC’s recent nefarious approach of enforcing and abdicating the regulations require urgent updating. While the long-term future