Billionaire investor and Bitcoin advocate Tim Draper has praised the newly approved Strategic Bitcoin Reserve in the U.S., calling it an awesome move. He emphasized that Bitcoin is a valuable asset for national reserves, corporate treasuries, and families, urging investors to accumulate BTC.

Bitcoin has hit another rough patch. Analysts are predicting limited upside and potential stagnation following the latest $BTC Reserve disappointment.

Bitcoin, XRP, and Cardano have shed their gains from last week's Trump "reserve" pump, while Dogecoin continues to lose ground.

Cardano (ADA) was the largest benefactor of US President Donald Trump's announcement of a strategic crypto reserve. ADA gained by over 60% on March 2 following this statement to reach a local market high of $1.15.

BTC could see a major price rally this week.

Cardano (ADA) has partnered with Check Point, a cybersecurity giant, in a move that could redefine how blockchain networks defend against threats.

Elizabeth Warren, a Democratic senator, wrote a letter to David Sacks, Trump's crypto advisor, raising questions about how fair the new crypto reserve would be, including the five cryptocurrencies being promoted alongside it. She argues that publicity of the new reserve may boost prices for people already holding the token, thus making wealthy people more wealthy and enriching insiders who knew about the crypto policies in advance.

A breakdown could lead to a deeper correction, but history suggests a potential rebound.

Today's edition of the weekly recap: President Trump's executive order for a Strategic Bitcoin Reserve fails to generate substantial interest as ETF outflows continue. Plus, regulators drop investigations involving Kraken, Yuga Labs and Cumberland.

David Sacks, the White House's lead on crypto and AI policy, has pushed back against the idea of taxing cryptocurrency transactions Bitcoin reserve. The post White House Crypto Czar David Sacks Opposes Transaction Taxes for Filling US Bitcoin Reserve appeared first on Cryptonews.

“Not that long ago, even the idea of BTC Reserve held and supported by a federal government was a revolutionary idea,” a blockchain regulatory expert told Cointelegraph.

David Sacks, the White House's crypto and AI advisor, recently dismissed the idea of imposing a tax on each cryptocurrency transaction to fund the U.S. Bitcoin reserve and crypto stockpile.

The Bitcoin price started the week on a strong footing, jumping back above $90,000 following the announcement of a strategic crypto reserve by US President Donald Trump. However, the flagship cryptocurrency barely sustained this momentum, dropping back beneath the $90,000 level before midweek.

Robert Kiyosaki has never been a fan of the traditional financial system. The "Rich Dad Poor Dad" author has long criticized Wall Street, fiat currency and investment products he sees as misleading.

Bitcoin is trading at $84,583 with a market capitalization of $1.67 trillion, while its 24-hour trade volume remains exceptionally low at $12.79 billion, reflecting cautious market sentiment within an intraday price range of $84,262 to $86,546. Bitcoin Bitcoin‘s 1-hour chart reveals an immediate downtrend, with BTC struggling below key resistance at $86,800.

Michael Saylor shared an ambitious proposal for the US government to accumulate a vast Bitcoin reserve that he claims could generate up to $81 trillion in wealth by 2045.

The Salvadoran government has added more than 13 bitcoins to its reserves since March 1, openly defying the conditions of the $1.4 billion loan provided by the International Monetary Fund. Despite international pressures, President Nayib Bukele claims that nothing will stop his country's accumulation strategy.

The launch of Bitcoin spot ETFs was met with great enthusiasm, with hopes that they would attract significant institutional interest and send Bitcoin's price soaring.

Craig Wright, an Australian computer scientist who claims to be Satoshi Nakamoto, was fined £225,000 by a London court for improperly using AI while attempting to appeal an earlier ruling by the High Court that he is not Satoshi Nakamoto.

Investor Tom Lee says that Bitcoin could end up becoming the most profitable product for Wall Street giants as the US goes ahead with making BTC a reserve asset.

Donald Trump's crypto czar has said the U.S. Treasury will be working to “maximize the value” of the bitcoin and other cryptocurrencies held by the U.S.

Galaxy CEO Mike Novogratz has commented on the establishment of a strategic Bitcoin reserve, arguing that it is a "very big deal."

Bitcoin risks triggering $1.13 billion worth of cumulative leveraged long liquidations if it falls below the $82,000 price support.

Bitcoin has recently experienced volatility in its price trajectory, finding it difficult to maintain momentum above $90,000. Despite a long history of growth, new data points to the cryptocurrency possibly reaching a turning point.

Cardano is at a pivotal moment, with analysts speculating a potential surge to $10.

The US-based Bitcoin ETFs (exchange-traded funds) have continued to struggle in terms of investor participation and interest over the last few weeks. In the last week of February, the crypto-based financial products witnessed a record-breaking $1.14 billion single-day withdrawal.

Not long ago, he was grading papers and managing a classroom, until Solana (SOL) and Cardano (ADA) changed his life. After investing early, he watched Solana skyrocket to $295 and Cardano surge to $3.10, securing enough profits to quit his job for good.

Is this the right time to buy the dip?

BTC is down a mere 0.4% for the day, while Pi Network's native token has performed much worse.

A crypto strategist who accurately called the January Bitcoin correction believes that BTC still has room to run to the upside this year. Analyst Benjamin Cowen tells his 987,300 followers on the social media platform X that he sees Bitcoin sparking a “counter-trend” rally in the coming months.

Bitcoin has extended its decline below $90,000 as on-chain data shows whales selling off in massive amounts. This price decline comes amidst the otherwise bullish news of Donald Trump signing an executive order for a Strategic Bitcoin Reserve (SBR).

CEO JAN3 Samson Mow says Bitcoin could reach $1 million by 2031, citing the White House's support as a catalyst.

According to Timothy Peterson, author of Metcalfe's Law as a Model for Bitcoin Value, the crypto industry could be on the brink of another bear market.

Strategy founder Michael Saylor believes the US government should aim to hold 25% of Bitcoin's supply by 2035, when 99% of all BTC will have been issued.

Farzam Ehsani, CEO of VALR, argue that Bitcoin's decentralized and limited supply make it an attractive hedge against inflation and currency risk.

Bitcoin stabilizes after Trump's SBR order sell-off. ETF outflows, recession fears, and US trade policies weigh on BTC's outlook.

The U.S. government may hold far less bitcoin than widely believed, says Samson Mow, who expects the Trump administration to buy more BTC through strategic acquisitions. U.S. Bitcoin Stash Smaller Than Expected—Trump Admin Gearing Up to Buy More, Says Mow Bitcoin advocate and JAN3 CEO Samson Mow addressed speculation about the U.S.

The crypto market is expected to experience high volatility as the crucial US CPI and PPI data are scheduled for this week. If the inflation rates come in higher than expected, it may trigger a sharp downturn in the crypto market, potentially sending Bitcoin's price to significant lows.

The Cardano price was one of the major beneficiaries of the positive momentum injected into the market following US President Donald Trump's announcement of a strategic crypto reserve. On Sunday, March 2, the altcoin surged by almost 60% in a couple of hours after the disclosure.

The White House has declared America will be the “Bitcoin superpower” as President Trump established a Strategic Bitcoin Reserve, marking a historic shift in U.S. cryptocurrency policy.

Robert Kiyosaki says Trump's bitcoin reserve move will push world leaders to follow. He is buying more BTC.

Tony Severino, a prominent crypto analyst, has shared a new Bitcoin price forecast, suggesting that the pioneer cryptocurrency is on the verge of another major correction. The analyst suggested that the formation of a Lower Time Frame (LTF) Head and Shoulders pattern on the Bitcoin price chart is a potential confirmation of a crash to mid-$80,000.

Market structure is now evolving as whale holdings decline and mid-tier, retail investors accumulate.

Popular Bitcoin advocate and CEO of Jan3 Samson Mow has once again predicted that Bitcoin could hit $1 million, drawing on a recent shift in the market. While responding to the White House official X account promoting Bitcoin, he revealed this on his X account.

The Texas Senate has passed a bill to establish a state-run bitcoin reserve—cementing the state's crypto dominance and setting a precedent nationwide.

Bitcoin has faced massive volatility and selling pressure despite positive developments regarding the US Strategic Bitcoin Reserve. On Thursday, US President Donald Trump confirmed the establishment of the reserve by signing an Executive Order, marking a significant shift in US crypto policy.

President Donald Trump signed an executive order on Bitcoin earlier this week, officially creating a Strategic Bitcoin Reserve (SBR) using only the seized Bitcoin the US government already owns. This means no new purchases, no market buys—just stockpiling what's already been taken from criminals and fraudsters.

Prices rallied briefly on March 6 and erased their gains the following day after euphoria concerning the crypto reserve announcement died down.