The United States could acquire over 1 million Bitcoin in five years if the authorities were to sell 15% of the country’s gold reserves, analysts estimate. Selling 15% of its gold reserves could enable the U.S. to acquire 1.05 million Bitcoin (BTC) in the next five years, according to new estimates from Singapore-based blockchain firm…
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…
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…
TL;DR CryptoQuant warned that leverage positions are a big driver behind XRP’s price movements, which has increased the asset’s open interest. This comes amid significant volatility that hit Ripple earlier today after President Trump signed an executive order focusing only on Bitcoin. XRPUSD. Source: TradingView Recall the massive wave to the upside that XRP experienced…
The U.S. government may have a maximum of 88,000 BTC available for its newly announced Strategic Bitcoin Reserve, according to Alex Thorn, head of research at Galaxy Research. In a Mar. 7 post on X, Thorn noted that while the government currently holds about 198,000 Bitcoin (BTC), 112,000 BTC must be returned to Bitfinex following…
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…
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…
A crypto analyst just made a bold prediction: XRP (XRP) could be about to explode. Despite recent price swings, this analyst remains bullish – forecasting that XRP will hit a new all-time high soon. Meanwhile, some investors are rotating into the Best Wallet (BEST) token presale instead, believing it offers an even bigger opportunity than…
U.S. states may successfully front-run federal authorities on Bitcoin reserve policy as Texas lawmakers advanced a bill through the Senate. Texas policymakers in the state Senate approved a proposal to invest public funds in Bitcoin (BTC) with a 25-2 vote on Thursday, March 6, amid a U.S. crypto policy race. The bill has now moved…
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…
