World Liberty Financial (WLFI) has seen its portfolio plummet by $110 million in unrealized losses, according to blockchain analytics firm Arkham Intelligence. WLFI’s initial investment of $336 million across nine cryptocurrencies has now dropped to approximately $226 million, with Ethereum accounting for most losses. The company purchased Ethereum at an ...
Venture capitalist and crypto advocate Nic Carter has praised former President Donald Trump’s latest executive order establishing a Strategic Bitcoin Reserve, calling the move a significant victory for the industry. The announcement came during the White House Crypto Summit, where Trump’s administration laid out plans for the federal government to ...
The U.S. government could allocate up to 88,000 BTC for its newly announced Strategic Bitcoin Reserve, according to Alex Thorn, head of research at Galaxy Research. In a March 7 post on X, Thorn explained that while federal authorities currently hold around 198,000 BTC, approximately 112,000 BTC must be returned ...
United States President Donald Trump has signed an executive order to establish a Strategic Bitcoin Reserve. In a March 7 announcement on his official X account, White House AI and Crypto Czar David Sacks revealed that the reserve would be funded using Bitcoin seized through federal asset forfeitures, ensuring no ...
Donald Trump’s World Liberty Financial has made a significant investment in cryptocurrency, purchasing $21.5 million worth of Ethereum, Wrapped Bitcoin, and Movement Network tokens. According to a post on March 6 by the on-chain analytics platform Spot On Chain, these transactions were carried out using USDC from a newly created ...
A debate over which digital assets should be included in the newly proposed U.S. Crypto Strategic Reserve has emerged, with top industry executives arguing that Bitcoin may be the only cryptocurrency fit for the role. In a recent X post, Winklevoss stated that Bitcoin is the only cryptocurrency that qualifies ...
U.S. President Donald Trump has unveiled plans to establish a Crypto Strategic Reserve to position the United States as a global leader in digital assets. The reserve will include Bitcoin, Ethereum, XRP, Solana, and Cardano, which immediately triggered a surge in cryptocurrency prices. In a series of posts on Truth ...
President Donald Trump is reportedly set to nominate Brian Quintenz, a key figure in the cryptocurrency policy space, as the next chair of the United States Commodity Futures Trading Commission (CFTC). According to Bloomberg, citing a White House document sent to Capitol Hill, Quintenz’s appointment could reshape the regulatory landscape ...
Lawmakers and industry leaders are advocating for significant regulatory changes in the cryptocurrency sector during President Trump's administration. The goal is to keep the U.S. competitive in the global digital asset market by creating a framework that encourages innovation while ensuring proper oversight, especially as other countries implement clear regulations. ...
Major Wall Street banks are ramping up efforts to secure crypto-related deals, anticipating a wave of IPOs and capital raises under President Donald Trump’s pro-crypto policies, according to Bloomberg. Morgan Stanley is actively seeking clients for initial public offerings (IPOs), while the investment banking division of Bank of America plans ...
