Author: RedWave Media

The Texas Senate passed the Bitcoin Strategic Reserve Bill SB-21 on March 6th. This follows a debate that Sen. Charles Schwartner, who introduced the bill, argued that it would help Texas add valuable and rare assets to its balance sheet. Amid fears that Bitcoin (BTC) will fight the US dollar as a global reserve currency, ProBitcoin lawmakers argued that Bitcoin is similar to a hedge against gold and inflation. If SB-21 is in place, Texas will be the first state in the United States to have a digital asset reserve. But the governor still has to sign the bill before…

After deleting the channel for almost two years, YouTube has changed its policy sufficiently so that we can continue. Since then, I have created a home for Rumble.com content, but I will also resume my efforts on YouTube.Find all the content at https://thenewamerican.com/video/Check out our YouTube channel at https://www.youtube.com/@thenewamericanvideoSubscribe to our print magazines at https://thenewamerican.com/subscribe/Check out social media and more! https://linktr.ee/newamericanmag85

AP imagesMarco Rubio The US Agency for International Development (USAID) is once again at the heart of the debate. The agency refuses to disclose an organization that received $27 million in taxpayer-funded grants due to Gaza's so-called “multi-sector response.”According to the conservative Watchdog Group Judicial Watch, the Trump administration's State Department led by Marco Rubio protects USAID's secrets. This raises serious concerns about whether funds have been diverted to terrorist-related groups.Walking through the truthDespite repeated demands for transparency, USAID remains denied disclosure of anyone who received exactly $27 million in Gaza taxpayer-funded grants. Judicial Watch attempted to force agency hands…

The strategy is the world's largest corporate holder for fresh purchases of Bitcoin with new capital, boosting the total BTC holdings of companies over 500,000 BTC. Michael Saylor recently attended the White House Crypto Summit. The previous micro-tactics have announced plans to raise additional capital for general business operations, including purchasing more Bitcoin (BTC). In an announcement on March 10th, the strategy said it plans to issue and sell up to $21 billion in shares in the market. This offer is for the 8.00% Series A Perpetual Preferred Stock (STRK) and revenue is expected to fund the company's general corporate…

Mark Carney emerged as Canada's new prime minister, replacing Justin Trudeau after a decisive victory in the Liberal Party leadership race.The announcement, made on March 9, saw Carney rise in power with an overwhelming 85.9% vote, defeating his closest rival, former finance minister Christia Freeland.Carney's appointment follows Trudeau's resignation in January, when he took office for nearly 10 years. The former prime minister faced pressure from within the party due to a decline in public support, which has been driven by rising costs of living.A highly experienced global finance person, Carney previously served as governor of both the Bank of…

Spanish financial giant Banco Bilbao Vizkaya Argentalia (BBVA) has received approval from the country's financial regulator to provide its clients with Bitcoin (BTC) and Ether (ETH) transactions, according to a Reuters report. This approval is because the cryptographic (MICA)-regulated market is fully effective across the European Union. This approval for the BBVA presents the conclusion of a multi-year process to allow Spanish lenders to be exposed to digital assets.In 2020, Coindesk reported that BBVA plans to dip the toes into the sector as it has withheld regulatory approval as MICA is not in place yet. The BBVA initially planned to…

Canada's liberals have announced that Canada's new prime minister, former central banker and Bitcoin critic Mark Carney is planning to fight the recently introduced tariffs.Carney won the landslide vote on March 9th and chose an alternative to Justin Trudeau, who had held the position for over seven years.Carney served as the Bank of Canada governor between 2008 and 2013, then crossed the Atlantic and served as the Bank of England governor for the next seven years. He told local media on March 1 that he had begun the process of waiving his British and Ireland citizenship.Source: Canadian Liberal PartyHe has…

Below is a guest post uldistēraudkalnscHief Revenue Officer from Paybis.The Stablecoin market supports general trends. Today, its total market capitalization exceeded $225 billion. Data from Defilama It won the Donald Trump presidential election in November, following another jump from under $140 billion at the end of 2023, with more than $25 billion. Big bet for the payment industry on stubcoinGlobal businesses accept Stablecoin payments at growing rates. According to Visa The report shows that total transaction volume using Stablecoins has exceeded $4.7 trillion in the last 30 days. Big movement like Stripe's acquisition of Stablecoin Platform Bridgeaccelerating this trend, but…

Bitcoin (BTC) Bear attempted to extend his three-day winning streak by penetrating key support on Sunday as macroeconomic concerns overshadowed President Donald Trump's recent crypto-related announcement.According to data from Coindesk and TradingView, the major cryptocurrencies by market value exceeded 3% to $83,200, testing the 200-day Simple Moving Average (SMA). Prices have fallen more than 10% since entering a high of over $92,800 on Thursday.The latest decline comes as trade tensions between the US and China are set to escalate on Monday. Beijing will collect tariffs on certain US agricultural products in retaliation for President Donald Trump's latest hike on Chinese…

Bitcoin could face increased volatility at Mowerside if it closes a week below its major $82,000 support level as investors' sentiment remains curtailed after a short-term disappointment in the US strategic Bitcoin reserve.President Donald Trump's executive order, signed on March 7, outlined plans to create a Bitcoin reserve using cryptocurrency confiscated in government criminal cases, rather than actively obtaining Bitcoin (BTC) through purchases in the market.According to analysts at Bitfinex, the shortage of direct federal Bitcoin investments has resulted in “negative short-term market responses and lower Bitcoin prices.”Bitcoin needs to close a week beyond key $82,000 support to avoid further…