Morning Bid U.S.What matters in U.S. and global markets todayBy , Editor-At-Large, Financial Industry and Financial MarketsIn my Friday newsletters, I'll now offer you an overview of the day's market-moving news, a quick glimpse into some top events
U.S. President Donald Trump’s recent executive order to establish a Strategic Bitcoin Reserve has ignited fierce debate across crypto communities and traditional finance.Prominent American economist and Bitcoin skeptic Peter Schiff is arguing that th
Today in crypto, US President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a Digital Asset Stockpile, with analysts now suggesting Bitcoin is “no longer an outsider” among global financial assets, and the Te
US Treasury Secretary Scott Bessent recently called for bringing Bitcoin onshore and said he would discuss the next steps for possibly acquiring more BTC at the White House Crypto Summit on March 7.Bessent appeared in a CNBC interview and criticized
Bitcoin is not a company, nor is it a brand. It has no official spokesperson. Satoshi Nakamoto, the pseudonymous creator, remains an enigma, and while prominent figures like Michael Saylor and Jack Dorsey champion the cause, Bitcoin is, at its core,
The first-ever White House Crypto Summit takes place today, Friday, March 7. A bevy of industry powerplayers are participating, and while the agenda has yet to be announced, the conversation will undoubtedly include the National Crypto Reserve, the D
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 nex
The Bitcoin price dropped sharply lower following the introduction of a strategic Bitcoin reserve in the U.S. The reserve will contain roughly 200,000 coins that have been confiscated by the government. The price of the cryptocurrency plunged after t
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
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 abou
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 t
Bitcoin price started a recovery wave from the $85,000 zone. BTC is back above $87,500 and might struggle to clear the $92,000 resistance zone.Bitcoin started a fresh upward move from the $85,000 zone.The price is trading below $90,000 and the 100 ho
Creating a strategic cryptocurrency reserve in the United States could boost Bitcoin’s market capitalization by roughly 25%, or approximately $460 billion, according to an analysis by Sygnum Bank shared with Cointelegraph. US President Donald Trump’
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 trad
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 cas
US President Donald Trump could reportedly sign an executive order to create a Bitcoin reserve during the White House Crypto Summit on March 7.Such a reserve would be expected to buy more Bitcoin , in comparison to the US hanging on to the BTC it alr
Bitcoin fell to intraday lows after the Mar. 6 Wall Street open as market discounted good news coming from the US’ first White House Crypto Summit.Bitcoin shrugs off Crypto Summit excitementData from Cointelegraph Markets Pro and TradingView showed
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Thursday! Anticipation is building ahead of tomorrow's inaugural White House Crypto Summit, with speculation swirling over exactly wh
Bitwise Asset Management has made its first institutional decentralized finance (DeFi) allocation, depositing into Maple Finance’s overcollateralized Bitcoin loans, Maple told Cointelegraph on March 6. Maple did not disclose the size of the investmen
After two buggy test runs of Pectra, Ethereum's biggest upgrade since 2024, the network's developers decided on Thursday to postpone the upgrade pending further tests.Pectra, which was planned as Ethereum faced mounting pressure to compete with other