Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
U.S. government officials said they are investigating allegations that tens of millions of dollars in crypto seized by law enforcement were stolen through insider access.
One of the largest private holders of bitcoin, Tether, has formally entered the U.S. regulated stablecoin market with the launch of USA₮, a dollar-backed token issued under America’s new federal stablecoin framework.
The bitcoin price fell to $86,000 over the weekend but has steadied to around $87,850 amid caution over Federal Reserve policy, recent liquidations, and technical pressure.
Gold advocate and longtime Bitcoin critic Peter Schiff said that the crypto industry is pushing for government regulation and bailouts not to self-restrain, but to gain public legitimacy.
Rhode Island lawmakers reintroduced a bill to study blockchain and work on crypto innovation. Earlier this month, Rhode Island introduced a bill to temporarily exempt small Bitcoin transactions from state taxes.
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