US President Donald Trump took investors by surprise last weekend when he directed his digital asset working group to create a cryptocurrency reserve that includes Bitcoin, Ether, Solana, XRP and Solana. After an epic pump, crypto markets reversed course within 24 hours, leaving Bitcoin on the precipice of a bearish trend reversal. Fear and trepidation…
Key Takeaways The OCC confirms that national banks can provide crypto custody and stablecoin services without prior approval. Banks must implement robust risk management controls equivalent to traditional banking operations when engaging in crypto activities. Share this article The Office of the Comptroller of the Currency (OCC) has clarified that national banks can now offer…
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The blockchain platform linked to United States President Donald Trump took the crypto market downturn as an investment opportunity, tripling its Ether holdings in a week ahead of the White House’s first Crypto Summit on March 7. Meanwhile, Solana was hit by nearly half a billion dollars worth of outflows in February as cryptocurrency investors…
Key Takeaways Trump mentioned XRP, SOL, and ADA due to their large market capitalizations. The assets are part of the proposed US Crypto Strategic Reserve initiative. Share this article Speaking on Bloomberg Television on Friday, White House AI and crypto czar David Sacks clarified that President Trump mentioned XRP, Solana (SOL), and Cardano (ADA) in…
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A senior White House official has confirmed that US President Donald Trump’s crypto summit on March 7 will not cover taxes but instead focus on rolling back the anti-crypto policies pursued by the former Biden administration. “There’s not going to be anything on taxes. You know, the crypto internet is rife with rumors. […] I…
Key Takeaways The US government is evaluating plans to establish a Strategic Bitcoin Reserve. Treasury Secretary Scott Bessent emphasizes the need to stop selling seized Bitcoin before expanding the reserve. Share this article Treasury Secretary Scott Bessent said Bitcoin acquisition plans are in discussion and the government will evaluate the path forward. Speaking on CNBC’s…
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President Donald Trump’s cryptocurrency project has generated at least $350 million in revenue from the launch of the Official Trump (TRUMP) memecoin, according to a new analysis by the Financial Times. Entities involved in operating the TRUMP memecoin have earned at least $314 million from token sales and $36 million from fees on the Solana…
