US President Donald Trump announced an executive order on March 6 to establish a Strategic Bitcoin Reserve. This order ensures that seized Bitcoin will be held in a national reserve and will not be sold. It would instead function as a store of value, akin to a “digital Fort Knox.” The directive assigns Treasury Secretary […]
Industry leaders expect the G20 to follow US Bitcoin reserve move Read More »
Bitcoin surged to a high of nearly $95,000 following President Donald Trump’s announcement of a crypto strategic reserve during the weekend. However, the gains quickly evaporated as escalating trade tensions between the US and key partners, including China, Canada, and Mexico, triggered a sharp market downturn. As a result, traders speculating on the crypto market
US presidential son Eric Trump urged the traditional financial sector and Wall Street to evolve and embrace cryptocurrencies before they get left behind. Trump made the remark after his father, US President Donald Trump, announced that the US government is moving towards the creation of a Strategic Crypto Reserve. Cryptos Are Imperative Trump believed that
Eric Trump Warns Wall Street: ‘Embrace Crypto or Die’ Read More »
CryptoQuant CEO Ki Young Ju has voiced concerns over the United States’ growing influence in crypto, suggesting that the country may be leveraging digital assets to serve its national interests. In a March 3 post on X, Young Ju highlighted the rapid shift in the US approach toward crypto, stating that the market appears to
Crypto market is becoming a weapon of US warns CryptoQuant CEO Read More »
Bitcoin has plunged below $80,000, marking its lowest point since November 2024, as the broader crypto market experiences a significant downturn. The ongoing sell-off has erased nearly all gains recorded after Donald Trump’s election victory, signaling a period of intense volatility. $1 trillion loss Data from CryptoSlate shows that Bitcoin fell by more than 8%
Tether CEO Paolo Ardoino has voiced concerns that the company’s rivals are leveraging legal and regulatory tactics to destabilize the stablecoin issuer. In a Feb. 25 post on X, Ardoino alleged that some stablecoin issuers in the US are using political lobbying and legislative efforts to target Tether’s operations. According to him: “While our competitors
Tether CEO alleges rivals aim to ‘kill’ USDT through legal and legislative channels Read More »
OKX aims to become a leader in regulatory compliance after resolving a $500 million settlement with US authorities. On Feb. 24, OKX CEO Star Xu acknowledged past lapses in compliance but stressed that US customers only represented a small fraction of their user base. Xu stated the company’s commitment to enhancing its regulatory practices and
