$XRP, $SOL, $ADA Slide After US Bitcoin Reserve Announcement: What Altcoins a...
Yesterday, U.S. President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve alongside a U.S. Digital Asset Stockpile. This move separates Bitcoin ($BTC) from other cryptocurrencies, positioning it in a distinct category while other digital assets will form the broader national stockpile. The $BTC in the reserve will come from Bitcoins forfeited by […]
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Data shows the cryptocurrency market has witnessed massive liquidations during the past day following the recovery Bitcoin and the altcoins have made. Bitcoin & Altcoins Have Jumped Back Following Trump’s Announcement Bitcoin and the rest of the cryptocurrency sector ended February on a very bearish note, as the market went through a deep drawdown that took BTC to as low as $78,000. In a flash, however, the digital assets have seen their fates flip during the past day. Related Reading: Solana Now Retesting Realized Price: Will Shift To Bear Market Happen? The impetus behind the....
US President Donald Trump announced yesterday that altcoins will be included in the government’s crypto strategic reserve. It’s an interesting move that has been met with mixed reactions. Could we potentially see meme coin indexes being added to the reserve? Bitcoin was initially the only cryptocurrency expected to feature in the US crypto reserve. However, Trump’s recent announcement means Ether, XRP, Solana, and Cardano are also expected to be included. The cryptocurrency market has been buoyed by the news, with Reuters reporting a 10% increase in the hours following Trump’s announcement....
The Federal Reserve Bank of St. Louis recently held a "Dialog with the Fed" on bitcoin basics. The events are "designed to address the key economic and financial issues of the day and to provide the opportunity to ask questions of Fed experts." The discussions, which began in the fall of 2011, are held at the St. Louis Fed and its branches, and are free and open to the public. All discussions and presentations are archived. While the event was broadcast, video is not up yet. However, the slide deck is, and it's surprisingly funny and insightful. It goes through some basic elements of....
Following US President Donald Trump’s announcement of a Crypto Strategic Reserve, some industry figures have questioned the possibility of its establishment. Market watchers have also expressed concern about the longevity of the Trump-fueled market recovery. Related Reading: Cardano Founder Speaks Out Over Rumored White House Ties Arthur Hayes Slams Crypto Reserve Announcement BitMEX founder Arthur […]
Bitcoin and altcoins are entering a pivotal week of trading as they face several macro catalysts this week, with inflation data, Federal Reserve testimony, trade policy announcements by US President Donald Trump. #1 Bitcoin And Altcoins Await The CPI Release (Wednesday) The first key factor arrives on Wednesday, February 12, 2025, at 8:30 AM EST […]