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Institutional crypto investors tended to view the White House Crypto Summit more favorably than retail traders and BTC maximalists. The Bitcoin (BTC) community voiced mixed reactions to the March 7 White House Crypto Summit, with some investors characterizing it as a historic day for Bitcoin and cryptocurrencies, while others called the event underwhelming. Crypto trader…
The Trump administration is currently exploring proposals for major tax, cryptocurrency, and administrative reform in the United States. White House crypto and AI czar David Sacks rejected the idea of taxes on each cryptocurrency transaction as a method of filling the US strategic Bitcoin (BTC) reserve and the crypto stockpile with digital assets. During a…
At least 30 tech and crypto founders were reportedly “secretly debanked” in the US during Operation Chokepoint 2.0. Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden administration when crypto and tech founders were allegedly denied banking services, according to Coinbase chief legal officer…
A representative for the US Bureau of Prisons reportedly said that Sam Bankman-Fried’s interview with Tucker Carlson was not approved by the agency. Former FTX CEO Sam “SBF” Bankman-Fried has reportedly been sent to solitary confinement after taking part in an interview with right-wing political commentator Tucker Carlson, which was not approved by prison authorities….
Traders had a largely negative response to US President Donald Trump’s announcement. Bitcoin exchange-traded funds (ETFs) saw nearly $370 million worth of net outflows on March 7 as investors reacted to President Donald Trump’s plan for a US strategic Bitcoin reserve, according to data from Farside Investors. The outflows indicate institutional investors are wary of…
President Trump and Scott Bessent both called for a comprehensive regulatory framework on stablecoins and a clear regulatory environment. United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated…
Bitcoin is trying to form a higher low at $85,000, but the recovery attempt faces stiff resistance at $90,000, signaling a tough battle between the bulls and the bears. Bitcoin (BTC) rebounded off the intraday low on March 7 and is trying to claw back above the $90,000 resistance, indicating buying at lower levels. Bitcoin…
Trump’s US Bitcoin reserve is expected to drive global adoption, boost institutional investment and cement Bitcoin as a strategic asset, analysts say. President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve and a National Digital Asset Stockpile is expected to be a catalyst for wider Bitcoin adoption, according to investment analysts and crypto…
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…
The digital asset’s volatility is reaching cycle highs across multiple measures, according to data from TradingView and Glassnode. Bitcoin’s (BTC) volatility is approaching cycle highs as jitters around a looming trade war and a planned US cryptocurrency stockpile reach a crescendo, according to data from TradingView and Glassnode. The conflicting bullish and bearish signals, which…