Adam Forsyth

Trump may use seized Bitcoin and crypto assets to create US digital asset stockpile

Key Takeaways President Trump is considering to stop selling confiscated crypto assets and to create a digital asset stockpile. The proposed US reserve would include Bitcoin, Ethereum, Ripple, Solana, and Cardano. Share this article President Donald Trump is evaluating a policy change that would stop the government from selling confiscated Bitcoin and crypto assets from…

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Core Scientific Shares Plunge 18% As Microsoft Pulls Back On CoreWeave Partnership

Shares of Bitcoin mining firm Core Scientific (CORZ) dropped 18% on 6 March 2025 following reports that Microsoft scaled back its commitment to CoreWeave, Core Scientific’s key partner. According to Financial Times, CoreWeave struggled to meet deadlines and faced material shortages, impacting its ability to support artificial intelligence (AI) model scaling. CoreWeave, a cloud computing firm…

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Canary Capital registers SUI ETF in Delaware

Key Takeaways Canary Capital filed to establish a trust for a SUI-based ETF in Delaware. The proposed ETF is an initial step towards SEC registration and approval. Share this article Canary Capital has filed to establish a trust entity in Delaware for its proposed Canary SUI ETF—a move that signals a potential SEC submission for…

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Is Mt Gox About to Dump On The US Crypto Reserve? $1Bn in BTC Moved Before White House Crypto Summit

The ghost of Mt Gox resurfaced on March 6, shifting 11,834 BTC—just over $1 billion—to an unidentified address and moving another 166.5 BTC ($15 million) into cold storage. The reasons are anyone’s guess, sparking everything from creditor repayment rumors to worries about a looming Bitcoin liquidation. – Price Market Cap – – – 24h 7d…

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Trump signs executive order to create a strategic Bitcoin reserve and digital asset stockpile

Key Takeaways President Trump signed an executive order to establish a Strategic Bitcoin Reserve composed of Bitcoin obtained through federal forfeitures. The reserve will hold 200,000 Bitcoin as a store of value and will not proceed with premature sales to avoid losing taxpayer value. Share this article President Donald Trump has signed an Executive Order…

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