Trump’s Bitcoin Reserve Proposal Sparks Debate
In a recent post on X, CryptoQuant CEO Ki Young Ju expressed skepticism about the U.S. adopting a Bitcoin reserve under the incoming Trump administration. While acknowledging Bitcoin’s potential as a strategic asset, Young Ju questioned whether the U.S. would embrace such a move, given its current global dominance. “For the debate to gain serious […]
IRS to Distribute $2.4 Billion in Recovery Rebate Payments
Approximately one million Americans are set to receive their share of a $2.4 billion payout from the Internal Revenue Service (IRS). The payments are part of the Recovery Rebate Credit program, aimed at individuals who did not claim their coronavirus stimulus payments on their 2021 tax returns. Who’s Eligible for the Payments? The IRS has […]
Whale’s Big Bet on ai16z Pays Off
On-chain analytics platform Lookonchain has flagged increased buying activity around ai16z, an AI agent meme coin. In a notable trade, a crypto whale invested $10 million in USDC to purchase 13.16 million ai16z tokens two weeks ago. This high-stakes gamble has paid off significantly. Soaring Prices and Unrealized Profits Following a 30% market rally in […]
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