economist and gold advocate Peter Schiff has once again expressed his opposition to a strategic Bitcoin reserve and proposed an alternative solution that the United States could adopt. Schiff posted on X, stating that the United States could save a lot of money by creating a \"USA Coin\" instead of a strategic Bitcoin reserve. Like Bitcoin, the supply limit of USA Coin is 21 million. He added that the currency should be operated on an upgraded blockchain to make it truly usable for payment. Schiff is a Bitcoin skeptic and has repeatedly stated his opposition to the idea of a strategic Bitcoin reserve. <\/p>
Previously, Peter Schiff stated that one good thing President Biden could do before leaving office is to sell all the Bitcoin currently held by the US government. The funds raised could not only reduce the budget deficit in 2024, but also put an end to all the nonsense about a \"strategic Bitcoin reserve\". He added, \"Biden can sell everything before Trump takes office, so Trump doesn't have to break his campaign promise.\"<\/p>\n","feeling":"unknown","counter":{"LIKES":0,"DISLIKES":0,"COMMENTS":0},"dateBoard":{"dayHuman":"Today","monthAndDay":"12\/22","weekName":"Sunday","date":"2024-12-22","time":"11:51:53"},"newsItems":[],"titleColor":"","hot":{"value":0,"title":"","backgroundColor":"#FFFFFF"}},{"itemId":"601242","itemType":2,"title":"cbBTC circulation supply drops to 20,261, equivalent to $2.178 billion","description":" the circulating supply of Coinbase's wrapped Bitcoin, Coinbase Wrapped BTC (cbBTC), has fallen to 20,261 coins, with 75.8% on the Ethereum chain, 20.7% on the Base chain, and 3.5% on the Solana chain. The current market value of cbBTC is approximately $2.178 billion.","coverImageUrl":"","publishedAt":"2024-12-22T03:51:19.000000Z","creator":null,"category":{"name":"Data","uri":"\/flash-news\/category\/data"},"uri":"\/flash-news\/cbbtc-circulation-supply-drops-to-20-67069","actionItemType":"FLASH_NEWS","content":"{\"time\":1734839477785,\"blocks\":[{\"id\":\"67678bf064f9a\",\"type\":\"paragraph\",\"data\":{\"text\":\" the circulating supply of Coinbase's wrapped Bitcoin, Coinbase Wrapped BTC (cbBTC), has fallen to 20,261 coins, with 75.8% on the Ethereum chain, 20.7% on the Base chain, and 3.5% on the Solana chain. The current market value of cbBTC is approximately $2.178 billion.\"}}],\"version\":\"2.26.5\"}","contentHTML":"
the circulating supply of Coinbase's wrapped Bitcoin, Coinbase Wrapped BTC (cbBTC), has fallen to 20,261 coins, with 75.8% on the Ethereum chain, 20.7% on the Base chain, and 3.5% on the Solana chain. The current market value of cbBTC is approximately $2.178 billion.<\/p>\n","feeling":"unknown","counter":{"LIKES":0,"DISLIKES":0,"COMMENTS":0},"dateBoard":{"dayHuman":"Today","monthAndDay":"12\/22","weekName":"Sunday","date":"2024-12-22","time":"11:51:19"},"newsItems":[],"titleColor":"#000000","hot":{"value":0,"title":"","backgroundColor":"#FFFFFF"}},{"itemId":"601222","itemType":2,"title":"Andre Cronje: Sonic is running in \"safe mode\" and 1620 TPS has not yet reached its peak","description":"Andre Cronje, co-founder of Sonic Labs, stated in a post on X that the Sonic network has not yet reached full speed (running in \"safety mode\" until enough validators migrate over), but has independently measured 850 TPS. Data disclosed by sealaunch.xyz shows that TPS reached a maximum of 1620 on December 18. Cronje stated, \"1620 TPS, not yet at the maximum, independently measured. Sonic is a new paradigm.\" Earlier, Sonic Labs announced that its mainnet has officially launched, with Sonic capable of processing up to 10,000 transactions per second, sub-second finality, and a native decentralized gateway to Ethereum.","coverImageUrl":"","publishedAt":"2024-12-22T03:35:53.000000Z","creator":null,"category":{"name":"Point","uri":"\/flash-news\/category\/point"},"uri":"\/flash-news\/andre-cronje-65485","actionItemType":"FLASH_NEWS","content":"{\"time\":1734838552907,\"blocks\":[{\"id\":\"676786f1bd922\",\"type\":\"paragraph\",\"data\":{\"text\":\"Andre Cronje, co-founder of Sonic Labs, stated in a post on X that the Sonic network has not yet reached full speed (running in \\\"safety mode\\\" until enough validators migrate over), but has independently measured 850 TPS. Data disclosed by sealaunch.xyz shows that TPS reached a maximum of 1620 on December 18. Cronje stated, \\\"1620 TPS, not yet at the maximum, independently measured. Sonic is a new paradigm.\\\" Earlier, Sonic Labs announced that its mainnet has officially launched, with Sonic capable of processing up to 10,000 transactions per second, sub-second finality, and a native decentralized gateway to Ethereum.\"}}],\"version\":\"2.26.5\"}","contentHTML":"
Andre Cronje, co-founder of Sonic Labs, stated in a post on X that the Sonic network has not yet reached full speed (running in \"safety mode\" until enough validators migrate over), but has independently measured 850 TPS. Data disclosed by sealaunch.xyz shows that TPS reached a maximum of 1620 on December 18. Cronje stated, \"1620 TPS, not yet at the maximum, independently measured. Sonic is a new paradigm.\" Earlier, Sonic Labs announced that its mainnet has officially launched, with Sonic capable of processing up to 10,000 transactions per second, sub-second finality, and a native decentralized gateway to Ethereum.<\/p>\n","feeling":"unknown","counter":{"LIKES":0,"DISLIKES":0,"COMMENTS":0},"dateBoard":{"dayHuman":"Today","monthAndDay":"12\/22","weekName":"Sunday","date":"2024-12-22","time":"11:35:53"},"newsItems":[],"titleColor":"","hot":{"value":0,"title":"","backgroundColor":"#FFFFFF"}},{"itemId":"601217","itemType":2,"title":"Argentine mining industry plans to use Cardano blockchain technology to tokenize lithium","description":"Cardano has partnered with Atomico 3, Zengate, and Alto Grande to launch what is said to be the world's first lithium tokenization project in Argentina, scheduled to launch in the first quarter of 2025.","coverImageUrl":"","publishedAt":"2024-12-22T03:34:27.000000Z","creator":null,"category":{"name":"Point","uri":"\/flash-news\/category\/point"},"uri":"\/flash-news\/argentine-mining-industry-plans-to-use-cardano-blockchain-technology-to-tokenize-lithium-39989","actionItemType":"FLASH_NEWS","content":"{\"time\":1734838467214,\"blocks\":[{\"id\":\"6767876de5197\",\"type\":\"paragraph\",\"data\":{\"text\":\"Cardano has partnered with Atomico 3, Zengate, and Alto Grande to launch what is said to be the world's first lithium tokenization project in Argentina, scheduled to launch in the first quarter of 2025.\"}}],\"version\":\"2.26.5\"}","contentHTML":"
Cardano has partnered with Atomico 3, Zengate, and Alto Grande to launch what is said to be the world's first lithium tokenization project in Argentina, scheduled to launch in the first quarter of 2025.<\/p>\n","feeling":"unknown","counter":{"LIKES":0,"DISLIKES":0,"COMMENTS":0},"dateBoard":{"dayHuman":"Today","monthAndDay":"12\/22","weekName":"Sunday","date":"2024-12-22","time":"11:34:27"},"newsItems":[],"titleColor":"","hot":{"value":0,"title":"","backgroundColor":"#FFFFFF"}},{"itemId":"601215","itemType":2,"title":"A whale\/institution redeemed about 1.27 million EIGEN from the EigenLayer staking contract since 7pm last night and sold it on the chain","description":"blockchain analyst Yu Jin monitored that in October, whales\/institutions purchased 8.917 million EIGEN at an average price of $3.64 for a total of $32.45 million USD through 21 addresses. Since last night, they have started to redeem and sell EIGEN on the chain. ","coverImageUrl":"","publishedAt":"2024-12-22T03:33:59.000000Z","creator":null,"category":{"name":"Point","uri":"\/flash-news\/category\/point"},"uri":"\/flash-news\/a-whale-institution-redeemed-about-1-27886","actionItemType":"FLASH_NEWS","content":"{\"time\":1734838438417,\"blocks\":[{\"id\":\"6767876de5228\",\"type\":\"paragraph\",\"data\":{\"text\":\"blockchain analyst Yu Jin monitored that in October, whales\/institutions purchased 8.917 million EIGEN at an average price of $3.64 for a total of $32.45 million USD through 21 addresses. Since last night, they have started to redeem and sell EIGEN on the chain. \"}},{\"id\":\"6767876de522f\",\"type\":\"paragraph\",\"data\":{\"text\":\"Since 7 pm last night, four addresses have redeemed 1,270,507 EIGEN ($5.02 million) from the EigenLayer staking contract and are currently selling them on the chain for ETH or USDC. \"}},{\"id\":\"6767876de5230\",\"type\":\"paragraph\",\"data\":{\"text\":\"A few days ago, when EIGEN reached a high of $5.6, their 8.917 million EIGEN had a floating profit of $17.65 million, but now it has fallen back to the cost line.\"}}],\"version\":\"2.26.5\"}","contentHTML":"
blockchain analyst Yu Jin monitored that in October, whales\/institutions purchased 8.917 million EIGEN at an average price of $3.64 for a total of $32.45 million USD through 21 addresses. Since last night, they have started to redeem and sell EIGEN on the chain. <\/p>
Since 7 pm last night, four addresses have redeemed 1,270,507 EIGEN ($5.02 million) from the EigenLayer staking contract and are currently selling them on the chain for ETH or USDC. <\/p>
A few days ago, when EIGEN reached a high of $5.6, their 8.917 million EIGEN had a floating profit of $17.65 million, but now it has fallen back to the cost line.<\/p>\n","feeling":"unknown","counter":{"LIKES":0,"DISLIKES":0,"COMMENTS":0},"dateBoard":{"dayHuman":"Today","monthAndDay":"12\/22","weekName":"Sunday","date":"2024-12-22","time":"11:33:59"},"newsItems":[],"titleColor":"#000000","hot":{"value":0,"title":"","backgroundColor":"#FFFFFF"}}]}