Bitcoin plunges 6% as Trump’s crypto reserve falls short of hopes
Bitcoin’s price tumbled after US President Donald Trump made a pledge not to sell any of the government’s current Bitcoin holdings but made no firm commitment to buying more.
Bitcoin’s price tumbled after US President Donald Trump made a pledge not to sell any of the government’s current Bitcoin holdings but made no firm commitment to buying more.
Thousands of Bitcoin mining machines had been reportedly seized as US ports of entry since as early as September, but there’s been conflicting information surrounding why.
US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve “just a few minutes ago,” says crypto tsar David Sacks.
US President Donald Trump could issue an executive order as soon as March 7 to create a reserve for the country to buy Bitcoin, Bloomberg reports.
With roughly eight months until a November election, a Stand With Crypto poll suggested that the organization’s New Jersey advocates could determine who will be the next governor.
Core Scientific sealed a $100 million deal with CoreWeave in March 2024 to provide data center services.
The White House’s crypto summit could reveal important details about the Trump administration’s forthcoming crypto policies, including plans for a BTC reserve.
The market is still assigning a relatively low probability to the creation of a national crypto reserve, Sygnum Bank’s head of research said.
Bitcoin’s upside appears to be capped by recession risks, geopolitics and investors’ anxiety over Friday’s crypto summit at the White House
The former CEO of defunct cryptocurrency exchange FTX said he could be in his “late 50s” by the time he is released.
Sacks’ message came on the eve of the White House’s first crypto summit, where Bitcoin is expected to feature prominently on the agenda.
A metric tracking global liquidity and crypto markets suggests that the total market capitalization of the cryptocurrency sector could hit $4 trillion in the second quarter of 2025.
The SafeWallet team called for continued improvements to user experience and user interfaces to combat similar future threats.
The Texas Senate passed a bill on March 6 to create a Bitcoin and cryptocurrency strategic reserve.
Bitcoin is hardly giving bullish cues despite a BTC reserve potentially being announced by the US within 24 hours.
Bitcoin and the altcoins selected for the US crypto strategic reserve could stay range-bound in the short term, barring a blockbuster announcement on March 7.
The new GOP bill comes on the heels of congressional hearings into “Operation Chokepoint 2.0” and bipartisan agreement that debanking should end.
Solana trading volumes briefly topped the entire Ethereum ecosystem’s in February.
Majority Whip Tom Emmer first proposed banning Federal Reserve banks from using or issuing a digital dollar in 2022.
Traders say the potential for a spot LTC ETF makes Litecoin dips under $100 a buying opportunity.
Large VC funds are increasingly backing crypto startups spanning DeFi, DePIN, AI and payments.
Onchain data from early March suggests Bitwise’s allocation into Maple Finance’s products topped $5 million.
Japan’s Liberal Democracy Party takes a proactive approach to crypto regulations as the country softens its stance toward digital assets.
El Salvador appeared to contradict a recent agreement with the IMF to cease public investment in Bitcoin.
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Crypto exchanges manage liquidity crises following major hacks by leveraging insurance funds, seeking emergency financing, suspending services, and collaborating with industry players.
“In my view, these activities should fall firmly within the jurisdiction of law enforcement agencies,” crypto regulations experts told Cointelegraph.
Brazilian fintech unicorn Meliuz has reportedly purchased Bitcoin worth millions of dollars as part of its new treasury strategy to maximize long-term shareholder value.
Bitcoin ETFs continue limiting BTC’s recovery as institutional investors have pulled back, “reacting to macroeconomic uncertainties,” such as Trump’s trade tariffs.