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MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

2025.01.13 22:04:30

MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

MicroStrategy currently holds 450,000 $BTC($41B), with an average buying price of $62,691.

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Dalio Warns: Powell Shouldn’t Cut Rates in ‘Stagflation,’ Advises 5%-15% Gold Allocation

April 28th — Billionaire investor Ray Dalio warned the U.S. economy has entered a period of stagflation, and called a potential interest rate cut by Kevin Warsh (the expected next Federal Reserve Chair) a mistake. Dalio noted Warsh is widely expected to take the Fed’s top job in mid-May. A rate cut from Warsh at that time, he said, could undermine market confidence in the central bank at a critical moment. While acknowledging ongoing U.S.-Iran tensions, Dalio added the recent sharp rebound in U.S. stocks is justified by strong corporate earnings. Still, he recommended allocating 5% to 15% of portfolios to gold, labeling it an “effective diversification tool.”

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White House Chief Cryptocurrency Advisor: Major Announcement on "Strategic Bitcoin Reserve" Plan to Be Released in the Coming Weeks

On April 28, as U.S. lawmakers push to formally enshrine former President Trump’s “Strategic Bitcoin Reserve” into law, White House Chief Cryptocurrency Advisor Patrick Witt signaled a “major announcement” on the reserve’s next steps will come in the coming weeks. Speaking Monday at the Bitcoin 2026 conference in Las Vegas, Witt—who also serves as Executive Director of the Presidential Digital Asset Advisory Committee—said he and his team have been advancing work on the strategic Bitcoin reserve. He noted, “The President signed an executive order on the strategic Bitcoin reserve last year. Since then, we’ve been researching the specific mechanisms needed to implement the plan, plus the legal interpretations required to ensure proper execution of the scheme and protect the government’s balance sheet digital assets—especially Bitcoin.”

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The Israeli Regulatory Authority Approves Launch of Stablecoin Pegged to Shekel

April 28 — The Israel Securities, Insurance and Savings Authority has approved the launch of a shekel-backed stablecoin from virtual asset trading platform Bits of Gold. The regulatory body said in a Monday announcement that after a two-year pilot project, it has greenlit the stablecoin—named BILS—which operates on the Solana blockchain. Per the announcement, the stablecoin’s reserve assets will be held in a “designated and segregated account” in Israel. This move is also part of efforts by Israel’s Tax Authority and Ministry of Finance to regulate the cryptocurrency industry, including allowing specific stablecoin operations.

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Tennessee Cryptocurrency ATM Ban to Take Effect on July 1

Tennessee Governor Bill Lee has signed a bill banning the use and installation of cryptocurrency ATMs and kiosks in the southeastern U.S. state, giving related companies just weeks to comply. The legislation—House Bill 2505, signed April 13—will classify installing crypto kiosks as a Class A misdemeanor starting July 1. Under Tennessee law, operators and businesses hosting the devices face up to 11 months and 29 days in jail and a $2,500 fine for violations.

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DeepSeek Increases Registered Capital by 50%

According to monitoring data from Dynalysis Beating, Chinese business data platform Qichacha shows that DeepSeek—Hangzhou DeepSeek Artificial Intelligence Core Technology Research Co., Ltd.—has increased its registered capital from 10 million yuan to 15 million yuan. Among the adjustments, Liang Wenfeng’s subscribed capital has risen from 100,000 yuan to 5.1 million yuan, pushing his shareholding ratio up from 1% to 34%.

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The US is aware of Israeli military actions during the ceasefire and does not support the long-term establishment of a "buffer zone."

CCTV News reported on April 28 that U.S. Secretary of State Mike Pompeo said local time April 27 the U.S. is "aware" of Israeli military strikes in Lebanon during the ceasefire. When asked if he supports Israel’s long-term establishment of a "buffer zone" in Lebanon, Pompeo answered "no," noting the ideal outcome is for Israeli forces not to be permanently stationed there.

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