1. Trump Proposes U.S. Purchase of One Million Bitcoins
Donald Trump has endorsed an ambitious proposal for the U.S. government to acquire 1 million Bitcoin, positioning it as a strategic reserve asset. The move, according to supporters, would safeguard the dollar against inflation and foreign digital currency threats. Critics argue it’s speculative and could increase market volatility. Either way, it cements Bitcoin’s growing relevance in U.S. economic policy debates.
2. Circle to Launch IPO on NYSE at $6.7 Billion Valuation
Circle, the issuer of USDC stablecoin, has officially announced plans to go public on the New York Stock Exchange with a projected valuation of $6.7 billion. This IPO marks a major milestone for the crypto industry, as it highlights the mainstream financial world’s increasing acceptance of blockchain-based businesses. Investors see it as a step forward in stablecoin legitimacy and transparency.
3. Elon Musk Steps Down from Dogecoin Advisory Role
Elon Musk has stepped away from his unofficial role as a public influencer and advisor to Dogecoin amid rising political tensions. Musk, whose tweets often sent DOGE prices soaring, cited a desire to reduce controversy as political scrutiny around his crypto-related comments intensifies. The Dogecoin community is now speculating on the future of the meme coin without its most influential supporter.
4. Thailand Embraces Crypto Payments to Boost Tourism
Thailand is launching a major initiative to allow tourists to use cryptocurrencies like Bitcoin and Ethereum for travel and hospitality payments. The move is part of the country’s broader plan to position itself as a crypto-friendly destination and revitalize its tourism sector post-pandemic. Businesses in tourist hotspots are gearing up to accept digital assets starting this year.
