The Wrath Of Kharg

Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years Authored by Micah Zimmerman via BitcoinMagazine.com, Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over five years.  The bill, presented by Federal Deputy Luiz Gastão (PSD/CE), outlines a comprehensive framework to integrate Bitcoin into the country’s financial strategy and diversify national reserves. The proposed legislation establishes several guidelines for RESBit. First, the plan calls for a gradual accumulation of at least 1,000,000 BTC over five years. It prohibits the...

The Trump administration is using a secret indictment to assert leverage over Venezuela’s Acting President Delcy Rodríguez, according to the editor-in-chief of the US government-funded outlet, Armando.info. “One of the information we manage is that the US is holding an indictment against [Rodriguez] to make it public, just in case she derails,” Valentina Lares Martiz […]

US NatGas Futs Sink To Four-Month Low As Mid-Atlantic Exits Brutal Winter US natural gas futures tumbled to a four-month low early Monday as weather models indicate the Lower 48 is exiting the peak of the Northern Hemisphere winter and entering a much-needed warmup. For the Mid-Atlantic and Northeast, which experienced some of the coldest weather in decades, the next few weeks are expected to feel more like spring. March contracts fell 7.5% to about $3 per mmBtu, the lowest level since October 17 and a roughly four-month low. Weather forecasts...