Bitcoin price started a recovery wave from the $85,000 zone. BTC is back above $87,500 and might struggle to clear the $92,000 resistance zone.
Bitcoin Magazine The United States Officially Establishes A Strategic Bitcoin Reserve President Trump has signed an executive order to create a national bitcoin stockpile composed of coins seized through criminal and civil proceedings. This post The United States Officially Establishes A Strategic Bitcoin Reserve first appeared on Bitcoin Magazine and is written by Shinobi.
Brazilian fintech company Méliuz made headlines by becoming the first publicly traded company in Brazil to integrate Bitcoin into its treasury management strategy. This strategic shift marks a pivotal moment for the company, as it becomes one of the first major firms in Brazil to embrace digital currency in a significant way.
After much anticipation, President Donald Trump has finally signed an executive order to establish a Bitcoin Strategic Reserve. Under this plan, the U.S. government will create a “digital Fort Knox” to store Bitcoin and other cryptocurrencies seized in civil or criminal cases.
Douro Labs CEO Mike Cahill tells Cointelegraph that if the crypto markets stabilize, Ether is well-positioned to benefit from renewed liquidity and continued institutional interest.
Bitcoin and crypto stocks took a hard hit after president Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve on Thursday night, using America's confiscated Bitcoin from criminal and civil cases. The announcement, made by White House crypto Czar David Sacks, immediately sent Bitcoin tumbling by 5%, crashing to $85,000 within minutes.
Solana co-founder Anatoly Yakovenko denied rumors that Solana representatives lobbied for the network's inclusion in a proposed US government crypto reserve. The remarks come amid media speculation that Ripple had pushed for Solana's addition to bolster its own credibility.
Will Trump's upcoming crypto summit reshape Bitcoin's future or trigger more volatility?
Bitcoin has started to recover gradually after experiencing a notable drop in recent weeks. So far, BTC has reclaimed the $90,000 level amid renewed market activity.
President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, White House Artificial Intelligence and Crypto Czar David Sacks said in a Thursday (March 6) post on X.
The crypto market is on edge, with CoinMarketCaps index showing a bearish 30/100. Fear dominates, but behind the scenes, major Bitcoin (BTC) holders are making bold moves.
Cardano (ADA) saw a sharp decline of 10.08% on Thursday, trading at $0.8933 by 14:00 (19:00 GMT) on the Investing.com Index. This marks its largest one-day percentage drop since March 3.
Changpeng Zhao (CZ), the co-founder and former CEO of Binance, recently praised BlackRocks spot Bitcoin ETF, IBIT, calling it the fastest-growing ETF in history. Taking to X, he reacted to data showing BlackRocks massive Bitcoin holdings, currently valued at over $54.25 billion, according to Arkham Intelligence.
Several U.S. states are advancing efforts to allocate public funds into cryptocurrencies, following President Donald Trumps endorsement of a federal crypto reserve. Texas is emerging as a leader in this movement, with its state senate passing SB 21, a bill allowing investment in bitcoin (BTC).
Ethereum (ETH) continues to face turbulence, struggling to maintain stability after sharp price swings. Currently trading around $2,287, ETH has shown a modest recovery from the $2,100 support level.
Michael Saylors company, Strategy (formerly MicroStrategy), is facing major unrealized losses despite its long-term Bitcoin gains. Recent data reveals a nearly $1 billion loss from its latest Bitcoin purchases, highlighting the risks of its aggressive accumulation strategy.
President Donald Trump has directed the creation of a Bitcoin Strategic Reserve, storing seized assets in whats being dubbed a digital Fort Knox. This initiative, led by Trumps crypto czar David Sacks, ensures Bitcoin confiscated through civil and criminal forfeitures is held long-term for value preservation.
Ripple CEO Brad Garlinghouse joins the White House Crypto Summit, fueling speculation on the SEC's XRP appeal and potential crypto market shifts.
Bitcoin tumbled 6% to $84,864.3 on Friday after U.S. President Donald Trumps newly announced crypto reserve failed to include government-backed purchases, disappointing investors. Trumps executive order established a strategic Bitcoin and digital asset reserve, but it will only hold cryptocurrencies seized in criminal and civil cases, rather than acquiring new assets.
XRP is showing remarkable strength, trading at a 5.11% premium to Bitcoin (BTC) today. This marks nearly five months of consistent outperformance against the leading cryptocurrency, despite ongoing market turbulence.
The reserve would be funded with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset proceedings.
Bitcoin and all the major cryptocurrencies plummeted following Donald Trump's bitcoin reserve executive order, with BTC hitting an intraday low of $84,713 amid a broader market sell-off.
JPMorgan is throwing cold water on hopes for a U.S. strategic crypto reserve, warning approval is unlikely and smaller tokens like XRP, SOL, and ADA face major hurdles. JPMorgan Slams Brakes on US Crypto Reserve—XRP, SOL, ADA Face Uncertainty Banking giant JPMorgan is dampening expectations for a U.S.
Bitcoin fell 5.7% to just under $85,000 as investors reacted to Trump's executive order establishing a Strategic Bitcoin Reserve.
President Trump just signed an executive order creating a strategic Bitcoin reserve, triggering a “sell the news” event and an abrupt $5,000 drop in the price of BTC.
Coinbase director Conor Grogan said the news of setting up a U.S. bitcoin reserve may relieve sell-side pressure.
Bitcoin's price tumbled after US President Donald Trump made a pledge not to sell any of the government's current Bitcoin holdings but made no firm commitment to buying more.
U.S. President Donald Trump signed an executive order on Thursday to create a strategic Bitcoin reserve.
President Donald Trump signed an executive order on March 6 establishing a Strategic Bitcoin Reserve and a Digital Asset Stockpile and directing the federal government to retain forfeited crypto as a long-term store of value.
Bitcoin dips to $85K ahead of Trump's Crypto Summit, where a U.S. Bitcoin reserve could be confirmed. Will BTC rebound or face further downside? Read the latest analysis. The post Bitcoin Reserve Confirmation Coming? Trump's Summit Could Send BTC Soaring appeared first on Cryptonews.
President Donald Trump enacted an executive directive on Thursday, instructing federal agencies to launch a U.S. strategic bitcoin repository and a complementary repository for other digital currencies, solely funded by assets seized in civil or criminal cases.
Bitcoin is seeing early signs of optimism but hasn't reached market-wide FOMO levels; open interest metrics show mixed signals.
President Donald Trump has signed an Executive Order to establish a Strategic Bitcoin Reserve. The initiative will consolidate Bitcoin obtained by the federal government through criminal and civil asset forfeiture proceedings.
Solana (SOL) is facing significant challenges as its price struggles to hold steady around the $150 mark. The cryptocurrency's failure to break past the key resistance level of $183 has led to a pullback, leaving Solana at a crossroads.
Thousands of Bitcoin mining machines had been reportedly seized as US ports of entry since as early as September, but there's been conflicting information surrounding why.
The US will not sell any Bitcoin deposited into the reserve, and it will be kept as a store of value akin to a digital Fort Knox.
The White House Crypto Summit on March 7 gathers top industry leaders as anticipation surges over the U.S. crypto reserve and its potential market-shaping impact.
The U.S. president directed his administration to establish a bitcoin reserve to hold assets the U.S. has seized, and it's setting up a separate crypto stockpile.
President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve.
There are signs of growing optimism in the market as the stablecoin reserve on the Binance exchange has jumped to a new all-time high (ATH). According to CryptoQuant analyst Darkfrost, this increase in the Binance stablecoin reserve marks a good omen for a positive market rebound.
A report from the on-chain analytics firm Glassnode has revealed a Bitcoin price region that could prove to be crucial for the bulls. Several Key Bitcoin Metrics Are Pointing At The Same Price Range Right Now In its latest weekly report, Glassnode has discussed the Bitcoin investor cost basis from various angles.
The order also seeks to provide a "full audit" of the U.S. Goverment's digital asset holdings which is estimated to possess 200,000 bitcoin.
U.S. President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, White House crypto czar David Sacks said in a post on X.
US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve "just a few minutes ago," says crypto tsar David Sacks.
Ethereum has just recorded a major shift in investor sentiment with $20 million in spot inflows, following a string of 10 consecutive days of outflows. This marks a potential turning point for the world's second-largest cryptocurrency, as it rebounds ahead of the upcoming White House Crypto Summit on March 7, 2025.
The President of the United States – Donald Trump has officially made the first move
The creation of a strategic Bitcoin reserve signals a significant shift in U.S. digital asset policy, potentially impacting global crypto markets. The post Trump signs executive order to create a strategic Bitcoin reserve and digital asset stockpile appeared first on Crypto Briefing.
Although XRP has made recent attempts to break through the $2.50 barrier, it is still unclear if it will be able to maintain this level. A confirmed breakout is far from certain based on the price action even though the asset has demonstrated some resilience in recent sessions.