Bessent Rules Out Bitcoin Bailout
Treasury Secretary Scott Bessent has clarified that there will be no Bitcoin bailout. During a recent congressional hearing, Congressman Brad Sherman (D-CA-32) asked Bessent whether or not the Treasury Department actually has the authority to bail out the leading cryptocurrency. Sherman…
$12 Trillion Giant Vanguard Boosts Bitcoin Treasury Position: Details
Vanguard Group, the $12 trillion asset management titan, has significantly increased its position in Strive ($ASST).According to new data from BitcoinTreasuries, Vanguard has boosted its holdings in the Bitcoin treasury company to 27.63 million shares, a stake valued at approximately $17.6 million.…
Bitcoin (BTC) Price Analysis for February 4
A further decline remains the most likely scenario for most of the coins, according to CoinStats.BTC/USDThe rate of Bitcoin (BTC) has dropped by 4.62% since yesterday.On the hourly chart, the price of BTC is falling after breaking the local support at $74,141. If the daily bar closes far from that…