Bitcoin’s (BTC/USD) price experienced significant volatility, dropping to $78k before rising to $95,000 due to Trump’s cryptocurrency reserve comments, then settling around $86k. Open interest for Bitcoin is at a six-month low, which historically has preceded price jumps. Spot Bitcoin ETF flows saw a $94.3 million investment on the last day of February, ending a…
President Donald Trump shocked the markets Sunday when he announced the assets intended for a planned U.S. strategic crypto reserve. Analysts at investment firm Bernstein are puzzled by U.S. President Donald Trump’s announcement that he would include Ethereum, XRP, Solana, and Cardano in a national crypto reserve along with Bitcoin, writing in a note Monday…
Published: March 3, 2025 at 5:34 p.m. ET A backlash over President Donald Trump’s plan to include three small and relatively risky tokens in an eagerly awaited U.S. strategic crypto reserve helped largely erase a rally for bitcoin and other digital assets on Monday. Trump over the weekend announced on his social-media platform Truth Social DJT…
President Donald Trump said Sunday that he is directing his newly created digital assets working group to move forward on creating a “crypto strategic reserve” along the lines of existing U.S. reserves of gold and oil. Yet details of the proposal left many observers frustrated, including some longtime Trump and crypto supporters. These critics say…
Coinbase’s Brian Armstrong Thinks Having A Bitcoin-Only Crypto Reserve ‘Best Option’ While Arthur Hayes Says Trump’s Announcement Insignificant Until Congressional Approval President Donald Trump took the cryptocurrency world by surprise Sunday, announcing a strategic reserve comprising of top coins such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). As the market came to terms with…
North Carolina could add bitcoin and other cryptocurrency into its state investment portfolio under a bill moving in the state House this week. Advocates, including the House speaker, think it could improve returns for the state pension fund. The Digital Assets Investments Act is the first bill sponsored by new Republican House Speaker Destin Hall.…
Bitcoin, Ethereum, and other major cryptocurrencies surged in value Sunday as President Donald Trump signaled plans for which assets could be included in a proposed U.S. crypto reserve. But Bitcoin has already shed thousands of dollars worth of gains on Monday, with other assets starting to fade as well. Following a nearly $4,000 rapid drop…
Jakub Porzycki | Nurphoto | Getty Images Stock Chart IconStock chart icon Bitcoin Over the weekend, Trump announced the creation of a strategic crypto reserve – a pivot from the “bitcoin stockpile” he previously touted – that he said will include ether, XRP, Solana’s SOL token and Cardano’s ADA, in addition to bitcoin. Bitcoin rose…
KEY TAKEAWAYS Prices of bitcoin and a slew of cryptocurrency stocks are jumping Monday, after U.S. President Donald Trump announced that the token, as well as four others, could be included in a strategic crypto reserve for the United States. In two Sunday posts on Truth Social, Trump said that the reserve would include bitcoin,…
US stock futures pushed higher early on Monday amid uncertainty about President Donald Trump’s plans to impose tariffs on major US trading partners this week, which brings a crucial jobs report and key retail earnings. S&P 500 futures (ES=F) climbed 0.3%. while those on the tech-heavy Nasdaq 100 (NQ=F) saw an 0.4% gain. Dow Jones…