Key Highlights The Treasury is developing a custody framework for Bitcoin held by the U.S. government, covering both self-custody and third-party custody. A follow-up agency review is intended to improve estimates of government-controlled Bitcoin, which currently range from approximately 198,000 $BTC to more than 328,000 $BTC. Questions remain over public disclosure of holdings and the ...
Key Highlights: Peter Schiff warned that Bitcoin’s major downturn is still ahead, cautioning that “The Real Big Drop in Bitcoin Hasn’t Happened Yet.” Schiff argued that shifting political tides—including Republican midterm losses and a potential Democratic victory in 2028—could end pro-crypto policies and threaten the U.S. strategic Bitcoin reserve. Targeting Michael Saylor’s Strategy, Schiff claimed ...
Key Highlights: The U.S. government holds approximately $27.5 billion in confiscated digital assets stemming from legal enforcement actions rather than taxpayer-funded purchases. Recent wallet activity includes the movement of 833.6 Bitcoin tied to the Potapenko and Turogin case and the Bitfinex hack, alongside 40,285 BNB originally seized from Alameda Research. While routing assets to platforms ...
Key Highlights Strategy (MSTR) surged 16.39% to close at $153.92 on September 18, 2026, lifting its market capitalization above $59.5 billion amid renewed institutional demand. The House Financial Services Committee advanced the American Reserve Modernization Act (H.R. 8957) by a 28–21 vote on September 16, proposing a U.S. Strategic Bitcoin Reserve with a mandatory 20-year ...
The U.S. House Financial Services Committee advanced the American Reserve Modernization Act of 2026 (H.R. 8957) on September 16, marking a procedural milestone for the proposed Strategic Bitcoin Reserve. The legislation passed on a 28-21 party-line vote, with Republicans comprising the majority. Despite the committee approval, prediction markets now assign a 6% probability the bill ...
House Financial Services Committee Set to Vote on Bitcoin Reserve Bill ARMA The House Financial Services Committee is scheduled to hold a pivotal markup session on Wednesday, September 16 at 10:00 a.m. ET to vote on the American Reserve Modernization Act (ARMA) of 2026, designated as H.R. 8957. The bipartisan legislation, introduced in late May ...
House Financial Services Committee Advances Strategic Bitcoin Reserve Legislation The U.S. House Financial Services Committee is preparing to mark up legislation that would establish a strategic bitcoin reserve, signaling growing congressional interest in digital asset policy. The committee’s latest memorandum confirms that H.R. 8957, the American Reserve Modernization Act of 2026, will be among nine ...
Steak ‘n Shake Rebrands Itself as a Bitcoin Company Steak ‘n Shake, the burger chain founded in 1934, is positioning itself around bitcoin after beginning…