Update (March 7, 10:00 am UTC): This article has been updated to reflect up-to-date information on the confirmed attendees of the first White House Crypto Summit and recent related events. As US President Donald Trump prepares to host the first White House Crypto Summit on March 7, more than 20 key industry leaders have been […]
Category Archives: Crepto News
President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial system. Trump’s executive order outlined a plan to initially use cryptocurrency forfeited in government criminal cases, Cointelegraph reported on March 7. As one of the crypto […]
Bitcoin’s (BTC) price has dropped by over 5% over the last 24 hours to $88,100 after President Donald Trump’s US Strategic Bitcoin Reserve failed to meet expectations. BTC/USD daily chart. Source: Cointelegraph/TradingView Key takeaways: Bitcoin’s drawdown follows US President Donald Trump’s announcement for a Strategic Bitcoin Reserve. More outflows from spot Bitcoin ETFs. Bitcoin price […]
The chances of Bitcoin surpassing its all-time high of $109,000 by June are favorable, but the market first needs time to absorb volatile macroeconomic conditions, says Swan Bitcoin CEO Cory Klippsten. “I think there’s more than 50% chance we will see all-time highs before the end of June this year,” Klippsten told Cointelegraph. However, he […]
The chances of Bitcoin surpassing its all-time high of $109,000 by June are favorable, but the market first needs time to absorb volatile macroeconomic conditions, says Swan Bitcoin CEO Cory Klippsten. “I think there’s more than 50% chance we will see all-time highs before the end of June this year,” Klippsten told Cointelegraph. However, he […]
The trading volumes of non-fungible tokens (NFTs) last month were down by more than 60% from December despite building momentum in the final months of 2024, with the fall coinciding with a crypto market downturn. In December, the total trading volumes for NFTs hit $1.36 billion but fell 26% in month-on-month January, then another 50% […]
A strategic Bitcoin reserve in the United States reduces the possibility that the government will ever “ban” the cryptocurrency and could encourage many more nations to adopt Bitcoin, according to crypto observers. On March 7, US President Donald Trump signed an order establishing a Strategic Bitcoin Reserve and a digital asset stockpile. White House crypto […]
Social sentiment over Ether has hit a new low for the year as the price underperforms that of other cryptocurrencies; however, this could signal that it’s ready to bounce back, according to Santiment. Santiment’s social sentiment tracker found that traders’ discussions about Ether on various social media channels like X, Reddit and Telegram are more […]
Bitcoin has plunged approximately 6% after US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve. Market participants had hoped the government would announce a plan to buy more Bitcoin (BTC), but Trump’s crypto tsar David Sacks said on X it would only use the Bitcoin it already holds from criminal […]
US Customs and Border Protection (CBP) authorities may have mistakenly seized thousands of Bitcoin miners under the impression that they were illegally imported radio frequency devices. Thousands of Chinese-made Bitcoin (BTC) miners had reportedly been seized at US ports of entry since around September and only began being released again as of a few weeks […]