🗞 Catch up on the news over the last 24 hours! 🇺🇸 Rep.
🗞 Catch up on the news over the last 24 hours! 🇺🇸 Rep. Begich plans to revive the BITCOIN Act under a new name, the American Reserves Modernization Act (ARMA). 🇺🇸 Google signs a classified AI deal with the Pentagon, The Information reports. 🇦🇪 UAE says it will leave OPEC and OPEC+ effective May 1, per state news agency. 🚨 $266M in long positions were liquidated as Bitcoin plunged below $76,000. 🔥 $4.7T State Street plans to launch tokenized fund servicing from Luxembourg by year-end. 🚨 Robert Kiyosaki says he plans to get richer during a potential 2026–27 crash by buying discounted assets, urging others to do the same rather than “get wiped out.” 🇨🇿 A Czech National Bank study finds that adding 1% Bitcoin to a model portfolio increases expected returns without significantly raising overall risk in local currency, according to Governor Aleš Michl. 🔥 David Marcus announced that Lightspark has partnered with Visa, becoming a principal member of its network to expand stablecoin-powered global payments. ⚡️ Mark Moss argues the fiat, debt-based monetary system established after the U.S. left the gold standard in 1971 is working as designed but not in the public’s best interest. 🔥 Matt Hougan said Bitcoin may be rising as global volatility increases its appeal as a hedge in the monetary system. 🔥 Bitwise’s Jeff Park says IBIT options open interest has overtaken offshore derivatives for the first time and predicts a volatility-driven Bitcoin rally led by IBIT options. 🔥 Strategy’s Michael Saylor said Bitcoin’s ~38% annual returns could theoretically support significantly higher credit yields than traditional assets like gold, real estate, or money markets. 🇺🇸 Sam Bankman-Fried’s motion for a new trial was rejected by U.S.
District Judge Lewis Kaplan, who called the claims “wildly conspiratorial” and aimed at rescuing his reputation. 🔥 Jack Mallers explains why Bitcoin is better than gold. “Bitcoin is uniquely both a monetary asset and also a monetary network.” 🔥 JACK…