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A US crypto reserve could offer “cover” to institutional investors, like pension funds, which have been hesitant to invest in crypto. A pair of posts by President Donald Trump about his plans for a US crypto reserve “triggered a marketwide rebound” in cryptocurrencies on March 2, with global market capitalization increasing nearly 7% to $3.04…
Bitcoin and Ether were widely expected in a US crypto reserve, but American-made projects like Ripple, Solana and Cardano raise eyebrows. The US crypto industry finally got what it wanted when President Donald Trump announced plans to form a national crypto reserve on March 2. But instead of celebration, the decision sparked backlash — not…
A trader banked $6.8 million from leveraged longs on Bitcoin and Ether. Many of those positions were exited shortly after US President Donald Trump confirmed crypto reserve plans. A crypto whale that placed hundreds of 50x leverage long position bets on Bitcoin and Ether before US President Donald Trump announced a Crypto Strategic Reserve has…
XRP, ADA and SOL rallied after President Trump’s post about a crypto strategic reserve. Will other altcoins latch on and rally too? Bitcoin (BTC) witnessed solid buying over the weekend as US President Donald Trump announced that Bitcoin, Ether (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) would be included in a crypto strategic reserve….
President Donald Trump is throwing his support behind the idea of creating a federal reserve of cryptocurrency assets — he specifically mentioned XRP, Solana, and Cardano, but not Bitcoin or Ethereum. In January, Trump issued an executive order calling for the formation of a working group that would study and make recommendations around crypto policy,…
Ethereum price has yet to recover from its 20% correction, but investors’ choice to pivot away from memecoins and Solana could be ETH’s saving grace. Ether (ETH) price stabilized near $2,300 after a sharp 20% drop over three days, hitting a low of $2,255. This decline shook market sentiment, as Ether hadn’t traded at these…
Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF. <p>The S&P 500 Index (SPX) rose 2.49% last week, extending its string of weekly gains to seven weeks, the <a rel=”nofollow noopener” target=”_blank” href=”https://www.cnbc.com/2023/12/17/stock-futures-are-little-changed-after-major-averages-rally-for-seven-consecutive-weeks-live-updates.html”>longest</a> such winning…
Solana’s overbought correction has picked momentum after its mention in the SEC’s latest lawsuit against Kraken. Is the SOL bull run finally over? Solana (SOL) is seeing a price correction after rallying nearly 300% in recent months. Why is Solana price down today? As of Nov. 21, SOL’s price was trading for $55, down 20%…
Bitcoin is holding above $26,500 and the price stability could lead traders to take a second look at SOL, LDO, ICP and VET. The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than…
NFT marketplace Magic Eden believes that lowering the costs in NFT production creates an “easy access point” for new users to try NFTs. Nonfungible token (NFT) marketplace Magic Eden has announced that it will support Solana’s compressed NFTs (cNFTs) to provide a cost-efficient and scalable alternative to owning digital collectibles. Today we’re releasing support for…