Maryland Introduces Bill to Establish Bitcoin Reserve Fund Overview Maryland has introduced the “Strategic Bitcoin Reserve Act of Maryland,” a legislative proposal sponsored by Delegate Caylin Young. The bill aims to establish a Bitcoin reserve fund for the state, allowing state funds derived from gambling violations to be allocated into Bitcoin (BTC). Implications This innovative…
New Mexico Explores Bitcoin Investments in State Financial Reserves New Opportunities in State Finance New Mexico has officially joined the ranks of U.S. states exploring the use of Bitcoin (BTC) in state financial reserves. The state’s new bill, introduced on February 4, 2025, has the potential to alter the way state finances are handled by…
PayPal Beats Earnings and Sales Estimates, But Stock Drops 13% A Minor Miss Leads to Major Market Reaction It was a wild ride for PayPal Holdings this week as the company reported strong earnings and sales figures, only to see its stock price plummet by 13%. The reason? A minor miss in payment volume expectations…
Maryland and Kentucky Consider Adding Bitcoin to Reserves Growing Trend in U.S. States This week, Maryland and Kentucky have joined a growing list of U.S. states considering Bitcoin as a way to strengthen their reserves. With the rise of cryptocurrencies in recent years, more and more states are exploring the potential benefits of adding digital…
Donald Trump’s World Liberty Financial Set to Create Strategic Crypto Reserve: Report Introduction World Liberty Financial, a company linked to former President Donald Trump, has made headlines with its announcement to establish a strategic crypto reserve. This bold move is aimed at solidifying its position in the decentralized finance landscape by acquiring various digital assets…
The Impact of the Latest Jobs Report on the US Economy Understanding the Numbers In January, the US economy added 143,000 jobs, which fell short of the expected 170,000. This discrepancy has sparked concerns among economists and policymakers about the state of the labor market and its potential impact on inflation trends. To gain further…
The Rise of Cryptocurrency ETFs The Success of Bitcoin and Ethereum ETFs Over the last year, we have seen a significant rise in the popularity of Bitcoin and Ethereum ETFs. These exchange-traded funds have gained traction among investors looking to gain exposure to the growing cryptocurrency market without directly holding digital assets. Bitcoin, the first…
Is A.I. the Future of Amazon? Introduction Recently, Wolf Financial’s chief strategy officer, Shay Boloor, analyzed Amazon’s current strategy and discussed the growing demand for artificial intelligence on the show ‘Making Money’. This insightful discussion sheds light on the future direction of one of the largest e-commerce companies in the world. The Rise of Artificial…
