Trump attempts to bail out his wealthy cryptocurrency backers with ‘U.S. crypto reserve’

Just a few days ago, Mashable published an article investigating why Bitcoin and other cryptocurrencies were suddenly in a freefall. Of the four main reasons, three were attributable to Donald Trump and his actions as president.  This is not exactly what one would expect from Trump, who promised to be a pro-crypto president after its advocates helped…

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Record $3,800,000,000 Flows out of Institutional Crypto Products in One Week: CoinShares

Crypto asset management giant CoinShares says institutional whales pulled billions of dollars out of crypto investment vehicles last week. According to CoinShares’ latest Digital Asset Fund Flows Weekly Report, institutional crypto investment products suffered $2.9 billion in outflows last week. “Digital asset investment products saw a 3rd consecutive week of outflows, marking the largest weekly outflows…

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XRP, ADA Inclusion in Strategic Reserve Criticized; Critics Raise Insider Trading Claims

US President Donald Trump’s announcement of a strategic crypto reserve has sparked controversy with some questioning the timing of the announcement. ADA Inclusion Raises Eyebrows U.S. President Donald Trump’s naming of XRP and ADA among the five digital assets that will make up the crypto strategic reserve has sparked outrage and allegations of insider trading….

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