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US Rep. Byron Donalds to introduce bill codifying Trump’s Bitcoin reserve

US Rep. Byron Donalds to introduce bill codifying Trump’s Bitcoin reserve

A new bill set to be introduced in Congress aims to formalize President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve, a move that could further integrate Bitcoin into the nation’s financial strategy.Trump signed an executive order on March 7 to use Bitcoin seized in go…

Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3K

Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3K

Bitcoin breached a rising support trendline against gold (XAU), which has been intact for over 12 years, on March 14. Popular analyst NorthStar says this breakdown could spell the end of Bitcoin’s 12-year bull run if it stays under the gold trendline for even a week or—worse—a month. Is Bitcoin’s b…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, a new bill set to be introduced in Congress aims to formalize President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve, Democrat Representative Gerald Connolly has urged the US Treasury to halt any efforts for a US strategic crypto reserve, and former Bin…

U.S. Senate Takes First Big Step to Advance Stablecoin Bill

U.S. Senate Takes First Big Step to Advance Stablecoin Bill

The U.S. Senate Banking Committee has advanced the crypto industry's stablecoin regulation bill, a first major step toward getting the effort to President Donald Trump's desk to be signed into law.With its first committee approval, the bill that would regulate U.S. stablecoin issuers at the federal …

Banks acting as validators risks centralization — Everstake exec

Banks acting as validators risks centralization — Everstake exec

New US regulatory guidance allowing banks to become validators for blockchain networks is a major step for institutional adoption but worsens centralization risks, Bohdan Opryshko, chief operating officer of staking service provider Everstake, told Cointelegraph. On March 7, the US Office of the Com…

US CPI comes in lower than expected — Are rate cuts coming?

US CPI comes in lower than expected — Are rate cuts coming?

The latest US core Consumer Price Index (CPI) print, a measure of inflation, came in lower than expected at 3.1%, beating expectations of 3.2%, with a corresponding 0.1% drop in headline inflation figures.According to Matt Mena, crypto research strategist at 21Shares, the cooling inflation data adds…

Czech c.bank vice-governor sees room for two more rate cuts this year

Czech c.bank vice-governor sees room for two more rate cuts this year

Czech Central Bank Vice-Governor Eva Zamrazilova believes the bank has room for two more interest rate cuts of 25 basis points each this year, she told news outlet e15 in an interview published on Wednesday.The Czech National Bank resumed its interest rate-cutting cycle on in February, lowering …

 Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn’t ruling out that Bitcoin could slide to $70,000.Glassnode said in a March 11 markets report that a recent sell-o…

Dollar on defensive as Trump tariffs fuel economic worries

Dollar on defensive as Trump tariffs fuel economic worries

The dollar struggled on Wednesday to lift off a five-month low against major peers, as worries about the U.S. economy simmered, in view of President Donald Trump's unpredictable trade policies.The euro hovered around a five-month peak on increased optimism for an end to the war in Ukraine.The Ca…

Bitcoin jumps 7% despite metrics flashing ‘bearish territory’

Bitcoin jumps 7% despite metrics flashing ‘bearish territory’

Bitcoin has clocked a 7% gain over the past 24 hours despite all of its valuation metrics leaning bearish and US demand recently waning off.“All Bitcoin valuation metrics indicate that we are in bearish territory,” onchain analytics platform CryptoQuant said in a March 11 markets report viewed by Co…

Trump’s First Inflation Report Due as Risk investors Seek Signs of Cooling

Trump’s First Inflation Report Due as Risk investors Seek Signs of Cooling

The consumer price index (CPI) report due Wednesday will be the first under President Donald Trump's tenure, with signs of cooling likely to raise the chance of an interest-rate cut and lift the spirits of investors in risk assets, who have been hammered in recent weeks.The Bureau of Labor Statistic…

SEC to Abandon Plans Requiring Crypto Exchanges to Register as ATSs

SEC to Abandon Plans Requiring Crypto Exchanges to Register as ATSs

The US Securities and Exchange Commission (SEC) is considering abandoning its plans to require certain crypto firms to register as exchanges, according to Acting Chairman Mark Uyeda.Another Crypto-Friendly Move by the SECSpeaking at the Washington Conference of the Institute of International Bankers…