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news-imageMarch 3, 2025

Trump Endorses 5 Cryptos For National Reserve – Bitcoin To Be ‘At The Heart' Of It

United States President Donald Trump has made yet another bold move in the crypto field. After earlier announcing plans to establish a strategic Bitcoin reserve, he now intends to include several additional digital assets.
Publisher: NewsBTC
Sentiment: Positive
BTC

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Negative
cover-imageBenzinga
March 3, 2025

Crypto Czar David Sacks Confirms Selling All Bitcoin, Ethereum, Solana Holdings, Denies 'Large Indirect Holdings'

White House-appointed ‘Crypto Czar' David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)—before joining the administration. What Happened: In an X post on Monday, Sacks cited a Financial Times report detailing his crypto holdings.

Positive
cover-imageCrypto Economy
March 3, 2025

Bitcoin Miners Thrive as Network Hashrate Sees Unprecedented Growth

TL;DR Bitcoin's hashrate surpassed 750 EH/s, driven by increased investment in infrastructure and security. Active miners now exceed 4.8 million, strengthening network stability but also increasing mining difficulty. BTC futures open interest reached $25 billion, with a possible rise above $30 billion, which could drive the price higher.

Neutral
cover-imageBenzinga
March 3, 2025

Analysts Doubt US Crypto Reserve Expansion Beyond Bitcoin, Cite Funding Challenges

Analysts at Bernstein have raised concerns that expanding the proposed U.S. Crypto Strategic Reserve to include blockchain assets beyond Bitcoin (CRYPTO: BTC) using Federal Reserve or Treasury funds faces significant hurdles, despite a bullish market response to President Donald Trump's weekend announcement. The reserve, unveiled ahead of Trump's Crypto Summit scheduled for Friday, includes five digital assets—Bitcoin, Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), Ripple (CRYPTO: XRP), and Cardano (CRYPTO: ADA)—sparking debate over its feasibility and funding.

Positive
cover-imageCointribune
March 3, 2025

Strategic Bitcoin Reserve: Coinbase CEO Disagrees With Donald Trump

Donald Trump's announcement regarding the creation of a national cryptocurrency reserve, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), has stirred reactions within the crypto industry. While this initiative aims to strengthen the position of the United States as a sector leader, Coinbase CEO Brian Armstrong believes that a reserve composed solely of Bitcoin would be the best option.

Positive
cover-imageBitcoin
March 3, 2025

Bitcoin Soars as Trump Makes Surprise Announcement

President Donald Trump injected a shot of enthusiasm into crypto markets on Sunday when he announced the five cryptocurrencies that will comprise his U.S. strategic crypto reserve. Trump Announcement Triggers Bitcoin Surge Bitcoin's price experienced a 10% surge following President Donald Trump's announcement of a U.S. strategic cryptocurrency reserve.

Positive
cover-imageBenzinga
March 3, 2025

Bitcoin, Ethereum, XRP Consolidate After Trump Strategic Reserve Announcement

Prominent pseudonymous crypto trader Eugene Ng Sio is eyeing a measured approach to the current market conditions following President Trump's strategic cryptocurrency reserve announcement that sent Bitcoin (CRYPTO BTC) above $94,000 on Sunday. What Happened: Major cryptocurrencies have slightly retraced following the Sunday rally, with all proposed ‘reserve cryptocurrencies' trading above Friday's highs.

Positive
cover-imageUToday
March 3, 2025

Bitcoin (BTC) Back Above Most Important Level of 2025

Bitcoin's market momentum might finally change thanks to a strong and rapid comeback above an important support level. The sideways channel formed previously was not breached, which leaves the possibility for a substantial price reversal open for the future.

Positive
cover-imageUToday
March 3, 2025

Metaplanet Buys Bitcoin Dip, Adds 156 BTC in One Week

Japanese investment firm Metaplanet has doubled down on its Bitcoin accumulation strategy by acquiring a new batch of 156 BTC. The firm unveiled this announcement via its official X post hours ago, detailing how it took advantage of the market dip between Feb. 18 and Feb. 28.

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