U.S. President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, White House crypto czar David Sacks said in a post on X.The reserve will be capitalized with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfe
Sam Bankman-Friedâs crisis manager has reportedly quit following the FTX founderâs prison interview with Tucker Carlson published unannounced on Thursday, according to Business Insider. Mark Botnick, who started representing Bankman-Fried following the collapse of his cryptocurrency exchange FTX in
The news is here:Trump signed order to establish a Strategic Bitcoin Reserve (but its just a stockpile)Bitcoin is not taking it well:
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 Trumpâs crypto tsar David Sacks said on X it would only use the Bi
Coinbase executive Conor Grogan said U.S. President Donald Trump's latest executive order to establish a Strategic Bitcoin Reserve may relieve massive sell-side pressure."By my estimation, the [U.S. government] owns 198.109k BTC. This executive order removes ~$18B of sell-side pressure," said Grogan
** ASX-listed shares of fintech firm Block slump 1.6% to A$94.465, their lowest levels since October 2024 ** U.S. President Donald Trump signs executive order to establish a strategic bitcoin reserve** However, U.S. crypto czar David Sacks says the U.S. will not acquire additional crypto assets
CoinDesk Bitcoin Price Index is down $1465.33 today or 1.62% to $89025.41Snaps a two day winning streakDown 4.7% year-to-dateDown 16.59% from its all-time high of $106734.51 on Dec. 17, 2024 (based on 4 p.m. levels)Up 31.39% from 52 weeks ago (March 7, 2024), when it traded at $67754.57Down 16.59% f
Crypto analyst Charting Guy (@ChartingGuy) has issued a cautionary note on Dogecoin, suggesting he will sell the meme coin if certain Fibonacci retracement levels fail to break in the coming months. His statement arrives at a time when Dogecoin (DOGE) is trading around $0.20, according to the shared
Ethereum is down $30.54 today or 1.37% to $2206.00Snaps a two day winning streakDown 34.05% year-to-dateDown 54.04% from its all-time high of $4800.00 on Nov. 9, 2021 (based on 5 p.m. levels)Down 43.08% from 52 weeks ago (March 7, 2024), when it traded at $3875.72Down 45.53% from its 52-week high of
Trump's crypto summit will kick off on Friday, March 7, 2025.The timing I have is 0830 GMT / 1330 US Eastern time.Conjecture centres on:there may be an announcement that the government will stop selling cryptocurrencies it confiscates in criminal cases, and use them to establish a national stockpile
Bitcoin is currently trading at $90,800 after a strong 13% rebound from the $81,000 level, as bulls attempt to regain control of price action. After days of volatility and uncertainty, Bitcoinâs recovery has renewed optimism in the market, but traders remain cautious as BTC faces key resistance leve
The web3-focused venture firm a16z crypto led a $7 million funding round for the encrypted blockchain developer Seismic, according to a Thursday release from the company. Additional participants in the round included Polychain, 1kx, dao5, and NGC. A16z crypto is the web3-focused investment arm out o
Pump.fun's top trader is about to eclipse $40 million in profits despite the memecoin market appearing to dry up.According to a Dune Analytics dashboard that tracks the top-performing Pump.fun wallets, the top-ranked trader's accumulated profit was $39,826,672 at the time of writing.This is occurrin
Between his recent social posts about the Department of Government Efficiency , FTX CEO Sam Bankman-Fried is on a media re tour. Facing conservative pundit Tucker Carlson in an interview on Thursday, Bankman-Fried suggested that one of the reasons heâd been given a harsh prison sentence was because
Between his recent social posts referring to the Department of Government Efficiency , an interview with The New York Sun and his conversation with conservative pundit Tucker Carlson, FTX CEO Sam Bankman-Fried seems to be attempting a media rehabilitation tour. Bankman-Fried suggested to Carlson on
Former FTX CEO Sam âSBFâ Bankman-Fried, sentenced to 25 years in 2024 for his role in misusing customer funds, gave another interview from prison before his 33rd birthday.Speaking to right-wing political commentator Tucker Carlson on March 5, Bankman-Fried talked about prison life since his sentenci
Sam Bankman-Fried appears to have a tough time staying away from the press. In his second interview from prison â first in front of a camera â the FTX founder repeated many of the talking points from his first âmedia blitzâ immediately following the collapse of the ill-fated crypto exchange â includ
The likelihood of a U.S. strategic crypto reserve gaining approval is below 50%, and tokens like XRP, Solana (SOL) and Cardano (ADA) would likely not be included, according to JPMorgan."We don't believe an approval of a U.S. strategic crypto reserve is the most likely scenario (assuming congressiona
By Vicky Ge Huang and Robert McMillanThe crypto industry came face to face with its biggest adversary last month, and it wasn't onerous regulation, hyped coin launches or even Sam Bankman-Fried.On Feb. 21, a ring of North Korean hackers pulled off the largest crypto heist ever, imperiling Bybit, the
A senior Russian official has stated that sanctions will not fully prevent Russians from accessing the cryptocurrency market or using it to bypass sanctions.Deputy Head of the State Duma Committee on Information Policy Anton Gorelkin stated that it is impossible to completely block the cryptocurrenc