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 ...
Singapore's wealth management sector is experiencing a significant shift, with high-net-worth individuals increasingly investing in cryptocurrency following Donald Trump's re-election. This unprecedented surge has led family offices and private investors to allocate larger portions of their portfolios to digital assets. In an interview with Nikkei Asia, Gerald Goh, CEO of ...
Cryptocurrency markets are experiencing turbulence as President Donald Trump intensifies trade tensions with new tariffs on key trading partners. Analysts warn that the uncertainty could persist as global markets react to escalating trade disputes. The White House recently imposed a 25% tariff on imports from Canada and Mexico and a ...
Cryptocurrency prices declined significantly on Monday, with Bitcoin reaching a three-week low at $94,476.18 and briefly dropping to $91,441.89. Ether also experienced a sharp 24% decline, falling to $2,494.33, marking its lowest since early September. The decline in the market follows the recent imposition of tariffs by U.S. President Donald ...
