US President Donald Trump wants to make his country a “Bitcoin superpower,” but the question remains as to who he is competing against.  Speaking at Blockwork’s Digital Asset Summit on March 20 to a crowd of crypto industry executives and observers, he said, “Together we will make America the undisputed Bitcoin (BTC) superpower and the…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Hot Supply metric has observed a sharp drop for Bitcoin recently. Here’s what this could mean for the cryptocurrency. Bitcoin Hot Supply Is Down To Just 2.8% Now According to data from the on-chain analytics firm Glassnode, the…

A few weeks ago, we briefly touched on how civil asset forfeiture may apply to Bitcoin, a process in which the Government may seize citizen’s assets without accusing a person of a crime. With the US Government stating that civil asset forfeiture will form a key pillar in building its Strategic Bitcoin Reserve, the Fifth…

Cryptocurrency analyst Benjamin Cowen has pointed out how the current market cycle sentiment is majorly impacted by Ethereum’s ETH/USD flat price performance. What Happened: In a podcast on Friday, Cowen highlighted why many investors are frustrated despite Bitcoin‘s BTC/USD rally to $84,000. His main observation was that Ethereum is at the same price level as…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) has clarified its stance on proof-of-work (PoW) mining, ruling that Bitcoin (BTC) mining activities do not fall under the definition of securities trading as per US law.  This long-awaited statement provides essential clarity for crypto…

In the ranking of the 20 wealthiest people on the planet, nestled between the Zara founder Amancio Ortega and Mukesh Ambani, India’s richest man, sits a different kind of billionaire. This person created one of the largest financial assets on the planet, controls a $93 billion fortune, and has won millions of loyal followers. The…

Key Takeaways Bo Hines discussed the idea of using US gold reserves, stored in Fort Knox, to purchase Bitcoin. Senator Lummis has recently reintroduced the Bitcoin Act for a major US Bitcoin acquisition. Share this article Bo Hines, Trump’s Crypto Council Chief and head of the Presidential Council of Advisers for Digital Assets, also known…

Spot Ethereum exchange-traded funds have shed $370 million in assets over the past 12 trading days, notching their longest losing streak yet, as the price of the underlying asset has struggled. Among funds, which began trading last year, outflows from the iShares Ethereum Trust (ETHE) and the Grayscale Ethereum Trust (ETHE) totaled $146 million and…

A top White House crypto official said this week that the Trump administration is considering revaluing decades-old gold certificates as a novel way to expand the country’s Bitcoin (BTC) holdings without increasing the federal deficit. Bo Hines, who leads the President’s Council of Advisers on Digital Assets, said during an interview on the Crypto in…

Bitcoin is down since Donald Trump’s inauguration. But analysts say that may be about to change. A version of this story appeared in our The Roundup newsletter on March 21. Sign up here. Happy Friday! Eric here. Is Bitcoin about to rip? Arthur Hayes, chief investment officer at Maelstrom, thinks so, estimating that the top…