Standard Chartered’s Geoff Kendrick has highlighted a potential strategy for funding the newly established U.S. Strategic Bitcoin Reserve (SBR) in a budget-neutral manner — selling a portion of the country’s vast gold reserves to buy bitcoin.“The next question is what could constitute budget-neutral

Solana has dropped by 7.50% in the last 24 hours to reach around $142 on March 7, mirroring losses across the cryptocurrency market.Top reasons driving the SOL prices lower today include:An underwhelming crypto executive order by US President Donald Trump.Negative funding rates.A descending channel

Bitcoin rebounded 4% on March 7 as markets shook off disappointment over the US Strategic Bitcoin Reserve.Data from Cointelegraph Markets Pro and TradingView showed recovering from local lows of $84,713 on Bitstamp.These came as US President Donald Trump signed a long-awaited executive order estab

According to The DeFi Report, over the past month, only 1.26% of Solana’s wallet addresses have generated 95% of its total fees. This concentration has raised significant concerns about the blockchain’s fee model and its implications for decentralization. Solana’s Fee Structure Faces Criticism Data

Delaware's official registration portal shows that "Canary Sui ETF" was registered on March 6. Such registration typically signals that a fund manager is preparing to file an S-1 registration with the U.S. Securities and Exchange Commission. The registration comes after Canary filed an S-1 registrat

Sui is scheduled to unlock 64.19 million tokens on April 1, 2025. This influx of tokens can expand the market supply, potentially leading to lower prices if demand does not match the increase. Investors must consider how this affects market cap and liquidity. Depending on market expectations, the pr

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- SpaceX's Starship spacecraft exploded in space on Thursday minutes after lifting off from Texas, prompting the FAA to halt air traffic in parts of Florida, in

The chances of Bitcoin surpassing its all-time high of $109,000 by June are favorable, but the market first needs time to absorb volatile macroeconomic conditions, says Swan Bitcoin CEO Cory Klippsten.“I think there’s more than 50% chance we will see all-time highs before the end of June this year,”

TL;DRRecall the massive wave to the upside that XRP experienced on Sunday when US President Donald Trump namedropped the asset, alongside a few others, to be potentially included in the country’s strategic crypto reserve. Ripple’s cross-border token exploded by double-digits andtapped$3 for the firs

Coinbase-backed Layer 2 project Base said it acquired the development team at Iron Fish blockchain to accelerate efforts around privacy.Iron Fish is a privacy-focused proof-of-work crypto project that ensures private transactions by using zero-knowledge proofs (specifically zk-SNARKs).Base said it’s

Bitcoin’s price has dropped by over 5% over the last 24 hours to $88,100 after President Donald Trump’s US Strategic Bitcoin Reserve failed to meet expectations.Key takeaways:Bitcoin’s drawdown follows US President Donald Trump’s announcement for a Strategic Bitcoin Reserve.More outflows from spot

Bitcoin 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 , but Trump’s crypto tsar David Sacks said on X it would only use the Bitcoin it

Bitcoin slid sharply after U.S. President Donald Trump signed an executive order today to establish a Strategic Bitcoin Reserve.Bitcoin fell to around $85,400 from $90,200 on Thursday night after White House AI and Crypto Czar David Sacks posted about the executive order on X. The world's largest cr

Trump has signed an Executive Order to establish a Strategic Bitcoin ReserveThe reserve will be funded with Bitcoin owned by the federal government, obtained through criminal or civil asset forfeiture proceedings.The U.S. will not sell any Bitcoin deposited into the reserve.The secretaries of Treasu

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-Fried’s crisis manager has reportedly quit following the FTX founder’s 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 Trump’s 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