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The US government currently holds around 198,109 Bitcoin worth $17.7 billion, according to data from blockchain analytics firm Arkham Intelligence, a stash that it built mainly through seizures and forfeitures in criminal cases. A portion of that Bitcoin (BTC) will eventually form part of the country’s “Strategic Bitcoin Reserve” that President Donald Trump signed into…
A strategic Bitcoin reserve in the United States reduces the possibility that the government will ever “ban” the cryptocurrency and could encourage many more nations to adopt Bitcoin, according to crypto observers. On March 7, US President Donald Trump signed an order establishing a Strategic Bitcoin Reserve and a digital asset stockpile. White House crypto…
(Bloomberg) — Asian stocks followed US equities lower as continual shifts in US President Donald Trump’s approach to tariffs on trade partners whipped up market uncertainty and dented confidence in the economic outlook. Most Read from Bloomberg Shares in Australia and Japan tumbled more than 1.5% while Chinese equity fluctuated near a four-year high. An…
President Trump has signed an executive order to create a Strategic Bitcoin Reserve, says White House AI and Crypto Czar David Sacks. According to Sacks’ Mar. 7 announcement on his official X handle, the reserve will be funded with Bitcoin (BTC) seized by the federal government through asset forfeiture, meaning taxpayers will not bear any…
Social sentiment over Ether has hit a new low for the year as the price underperforms that of other cryptocurrencies; however, this could signal that it’s ready to bounce back, according to Santiment. Santiment’s social sentiment tracker found that traders’ discussions about Ether on various social media channels like X, Reddit and Telegram are more…
Social sentiment over Ether has hit a new low for the year as the price underperforms that of other cryptocurrencies; however, this could signal that it’s ready to bounce back, according to Santiment. Santiment’s social sentiment tracker found that traders’ discussions about Ether on various social media channels like X, Reddit and Telegram are more…
Bitcoin has plunged approximately 6% after US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve. Market participants had hoped the government would announce a plan to buy more Bitcoin (BTC), but Trump’s crypto tsar David Sacks said on X it would only use the Bitcoin it already holds from criminal…
According to CryptoQuant data, XRP open interest has surged by an impressive 5.6%. At the same time, the firm has warned of elevated risks posed by increasing leverage that could hint at high volatility. “Leverage cuts both ways—stay sharp,” the firm warned. At press time, the token is changing hands at $2.60, according to CoinGecko data. …
US President Donald Trump could reportedly sign an executive order to create a Bitcoin reserve during the White House Crypto Summit on March 7. Such a reserve would be expected to buy more Bitcoin (BTC), in comparison to the US hanging on to the BTC it already owns through criminal seizures, Bloomberg reported on March…
The digital asset advocacy organization Stand With Crypto has released data suggesting that the crypto policy positions of candidates in the 2025 New Jersey gubernatorial race could determine the outcome. According to a March 6 notice, Stand With Crypto said roughly 62,000 people had registered with the organization in New Jersey, suggesting that crypto-minded voters…
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