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BioNexus Gene Lab (BGLC) has adopted an Ethereum-focused treasury strategy, thus becoming the first Nasdaq-listed company to prioritize ETH.The exact percentage for its Ethereum allocation has not been divulged by the company but the move follows the leading altcoin’s inclusion in the US “Crypto Str…
Michael Saylor said that Bitcoin is the foundational asset of the crypto economy, and that its decentralized nature uniquely qualifies it as a US reserve asset."Bitcoin is the one universally agreed upon foundational asset in the entire crypto economy because it's the asset without an issuer. It's n…
In a recent interview with CNBC, Michael Saylor, co-founder of Strategy, reiterated his bullish outlook on Bitcoin (BTC), predicting the cryptocurrency could reach a staggering $200 trillion market cap. Saylor Forecasts $10 Million Per BitcoinCurrently valued at about $2 trillion, Saylor believes Bi…
By Elsa Ohlen and Anita HamiltonBitcoin and other cryptocurrencies failed to break out of their slump Tuesday, after wiping out most of the gains seen since President Donald Trump announced plans to create a strategic reserve of cryptos.But they had begun to pare some of their earlier losses by mid …
Since US President Donald Trump’s AI and crypto czar, David Sacks, announced plans for the White House to host a summit featuring industry leaders and policymakers, many are questioning what the focus of the event will be.On March 7, according to Sacks, “prominent founders, CEOs, and investors from …
Australia’s government is not currently considering a strategic crypto reserve, despite US President Donald Trump announcing the effort in the United States just days earlier. US President Donald Trump announced on March 2 that the President’s Working Group on Digital Assets was directed to include …
XRP price action mirrors the bearishness in the cryptocurrency market on March 4, down 16% in the last 24 hours to trade at $2.32 at the time of writing.What to know:XRP price makes a major U-turn to undo all the gains made on March 2.Cryptocurrencies bleed across the board as Trump’s tariffs take …
NYSE Arca has filed a proposed rule change to list and trade shares of the Bitwise Asset Management Dogecoin exchange-traded fund. On March 3, the New York Stock Exchange subsidiary filed the 19b-4, which, if approved, would enable the exchange to list the Bitwise Dogecoin ETF, a fund offering dire…
Today in crypto, Binance announced it will delist nine stablecoins, including USDT and DAI, in Europe on March 31 to comply with MiCA regulations, and United States President Donald Trump announced several assets are set to be included in the US strategic crypto reserve, pushing down Bitcoin dominan…
President Donald Trump's announcement on Sunday that the U.S. will establish a "crypto strategic reserve" holding Bitcoin, Ether, XRP, Solana and Cardano appears uncoordinated and lacks clarity on funding, according to investment bank TD Cowen."We caution against overreacting to the social media pos…
On Sunday, President Donald Trump announced on Truth Social that he had instructed his crypto working group to "move forward" with establishing a Crypto Strategic Reserve, which would encompass Bitcoin, Ethereum, XRP, Solana, and Cardano.The announcement led to significant volatility in the cryptocu…
By Elsa OhlenPresident Donald Trump's creation of a strategic reserve of digital coins could signal that the crypto industry is entering a new phase where its role in the U.S. financial system looks fundamentally different.Cryptocurrencies across the board rose Monday after President Donald Trump an…