USA | ForkLog - Part 44

ForkLog 7 18.11.2024

Musk Ally Predicts Major Government Staff Reductions

Following Donald Trump’s inauguration, the US federal government is set to undergo significant staff reductions. This was stated by entrepreneur and head of the DOGE, Vivek Ramaswamy, as reported by Bloomberg. He believes that “federal contractors exploit the government,” leading to “massive waste, fraud, and abuse.” As part of the efficiency drive, some agencies will […]

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ForkLog 12 17.11.2024

Coinbase CEO Advocates for U.S. Government Efficiency and Reduction

Brian Armstrong, the head of cryptocurrency exchange Coinbase, has endorsed the creation of the U.S. Department of Government Efficiency (DOGE) and called for a reduction in the size of the government. . @DOGE is a once in a lifetime opportunity to increase economic freedom in the U.S. and cut the size of government back to […]

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ForkLog 29 15.11.2024

US Congress to Vote on Bitcoin Reserve Bill

US Senator Cynthia Lummis introduced the “Bitcoin Act of 2024” for a Congressional vote, proposing the establishment of a strategic reserve of the leading cryptocurrency in the country. “[The proposal] aims to create a strategic bitcoin reserve and other programs to ensure transparent management of the federal government’s bitcoin assets, offset expenses using certain Federal […]

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ForkLog 9 15.11.2024

Michael Saylor Advocates for a US Strategic Bitcoin Reserve

The creation of a strategic bitcoin reserve is “the best deal of the 21st century,” declared MicroStrategy founder Michael Saylor at the CantorCrypto conference. Surprise! NBA legend @ScottiePippen has joined @saylor and @MikeBucella to address the crowd at #CantorCrypto. Watch now. #Bitcoin #Crypto #AI https://t.co/N73sXGCCb8 Disclaimer: The views and opinions expressed in this broadcast are […]

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ForkLog 8 15.11.2024

US Authorities Accuse SEC of Overreaching in Crypto Crackdown

Attorneys general from 18 US states and the DEF have filed a lawsuit against the SEC and its five commissioners, accusing them of unconstitutional overreach and unfair persecution of the crypto industry. The case has been filed in the District Court for the Eastern District of Kentucky. ?SCOOP: 18 U.S. states have filed to sue […]

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ForkLog 12 14.11.2024

Trump Nominates Bitcoin Advocate for Defense Secretary

Donald Trump has nominated Bitcoin supporter Pete Hegseth for the role of U.S. Secretary of Defense. pic.twitter.com/jVxEwyJkzO — Donald J. Trump (@realDonaldTrump) November 13, 2024 “I am honored to announce that I have nominated Pete Hegseth for the position of Secretary of Defense in my cabinet. Pete has been a warrior all his life, serving […]

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ForkLog 20 13.11.2024

Elon Musk to Lead New US Government Efficiency Department

Billionaire Elon Musk and former US presidential candidate Vivek Ramaswamy are set to head the newly established Department of Government Efficiency (DOGE) under the US government. President Donald J. Trump announces the Department of Government Efficiency (DOGE) — headed by @elonmusk and @VivekGRamaswamy pic.twitter.com/Ya2o45qlV8 — Trump War Room (@TrumpWarRoom) November 13, 2024 The department’s mission […]

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ForkLog 18 10.11.2024

Bitcoin Fog Operator Sentenced to 12.5 Years for Money Laundering

A US court has sentenced Roman Sterlingov, the operator of the cryptocurrency mixer Bitcoin Fog, to 12.5 years in prison for laundering over $400 million in digital assets from 2011 to 2021. In March, a jury found him guilty of conspiracy to commit money laundering, money laundering, and two counts related to operating an unlicensed […]

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ForkLog 12 08.11.2024

Escape of 43 Monkeys Spurs Surge in Ape-Themed Meme Tokens

On November 6, 43 rhesus macaques escaped from the Alpha Genesis research center in Yemassee, South Carolina, triggering a sharp rise in the value of ape-themed meme coins, as reported by Decrypt. Specifically, on November 7, the Solana-based token Monkey (MONKEY) surged by 49%. Apes Go Bananas (AGB) also experienced a daily increase of 14% […]

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ForkLog 5 06.11.2024

Bitcoin’s Prospects Brighten Amid Trump’s Electoral Victory

The cryptocurrency community has greeted the news of Donald Trump’s victory in the U.S. presidential race with optimism. Amid the contest between Democrats and Republicans, Bitcoin has reached a new all-time high of $75,400. New Incentives Trump’s arrival, positioning himself as a proponent of digital assets, is associated with new incentives and opportunities for the […]

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ForkLog 54 06.11.2024

Donald Trump Becomes 47th President of the United States: Implications for the Crypto Industry

Donald Trump defeated Kamala Harris in the US presidential election. He promised to become the “crypto president” and make the US the “crypto capital of the planet,” as well as to free Ross Ulbricht, dismiss Gary Gensler, among other pledges. Bitcoin reached a new all-time high. PolitiFi tokens surged and then crashed, while coins parodying […]

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ForkLog 12 05.11.2024

Bitcoin Tests $70,000 Amid US Election Volatility

As the US presidential elections commenced, volatility surged significantly, as experts had predicted. The price of digital gold unexpectedly tested the $70,000 level before experiencing a slight correction.

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