US President Donald Trump took investors by surprise last weekend when he directed his digital asset working group to create a cryptocurrency reserve that includes Bitcoin, Ether, Solana, XRP and Solana. After an epic pump, crypto markets reversed course within 24 hours, leaving Bitcoin on the precipice of a bearish trend reversal. Fear and trepidation … Read more
Bitcoin exchange-traded funds (ETFs) saw nearly $370 million worth of net outflows on March 7 as investors reacted to President Donald Trump’s plan for a US strategic Bitcoin reserve, according to data from Farside Investors. The outflows indicate institutional investors are wary of Bitcoin (BTC) exposure after Trump’s March 6 executive order — which created … Read more
The US Office of the Comptroller of the Currency (OCC) has eased its stance on how banks can engage with crypto just hours after US President Donald Trump vowed to shut down Operation Chokepoint 2.0 — the prolonged crackdown restricting crypto firms’ access to banking services. “Crypto-asset custody, certain stablecoin activities, and participation in independent … Read more
https://www.effectiveratecpm.com/xdvtd6yxqb?key=9554404018c26e6f076623874c1aa864 A crypto wallet holding over $400 million in Bitcoin (BTC) linked to the darknet marketplace Nucleus has awakened after nine years, according to Arkham Intelligence. On March 7, the entity controlling the wallet moved $77.5 million in BTC to three new addresses, leaving $365 million in the primary wallet. The wallet had been dormant … Read more
Solana native token, SOL (SOL), is up by 17% after falling to a low of $125 on Feb. 28. However, it encountered strong resistance near the $180 mark. More significantly, the current price of $145 represents a 50% decline from its all-time high of $295 on Jan. 19, raising concerns among traders about SOL’s ability … Read more
United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and … Read more
US President Donald Trump’s executive order establishing a strategic Bitcoin (BTC) reserve called for a budget-neutral strategy to acquire more coins, which includes adding more BTC through asset forfeitures and possibly converting other reserve assets to the cryptocurrency. The US government maintains strategic reserves covering a range of assets and commodities, including gold, petroleum, natural … Read more
https://www.effectiveratecpm.com/xdvtd6yxqb?key=9554404018c26e6f076623874c1aa864 With many crypto industry leaders and US government officials expected to gather at the White House in a matter of minutes, some are speculating that the event will explore regulatory clarity. On March 7, US President Donald Trump is expected to address an audience of crypto company CEOs and founders to discuss regulatory policies, … Read more
Bitcoin has struggled to trade above $90,000 since falling below $95,000 on Feb. 24. The crypto asset has been subjected to severe price fluctuations over the past week, with Bitcoin’s (BTC) realized volatility, reaching its highest level since Q3 2024, according to Glassnode. BTC annualized realized volatility. Source: Glassnode https://www.effectiveratecpm.com/xdvtd6yxqb?key=9554404018c26e6f076623874c1aa864 While the market braced for … Read more
Massachusetts Senator Elizabeth Warren, ranking member of the Senate Banking Committee, is asking for White House AI and Crypto Czar David Sacks to back up his claims that he no longer holds any digital assets. In a March 6 letter to Sacks, Sen. Warren suggested US President Donald Trump and “other private individuals” would directly … Read more