President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve and a National Digital Asset Stockpile is expected to be a catalyst for wider Bitcoin adoption, according to investment analysts and crypto industry leaders. On March 6, Trump acknowledged the need to “harness” the power of digital assets while signing the executive order for…
Solana’s decentralized exchange (DEX) volumes still rival those of the entire Ethereum ecosystem despite a steep dropoff in memecoin trading activity, asset manager VanEck said. In February, Solana’s share of total onchain DEX volume topped 43%, briefly surpassing the combined DEX volume of Ethereum and its layer-2 scaling networks, according to a March 5 report…
On-chain data shows the exchanges have witnessed net Bitcoin outflows through the latest volatility, a sign that could be positive for BTC’s price. Bitcoin Exchange Netflow Has Been Negative Recently According to data from the market intelligence platform IntoTheBlock, Bitcoin has been leaving exchanges recently. The on-chain metric of relevance here is the “Exchange Netflow,”…
Bitcoin’s (BTC) price has dropped by over 5% over the last 24 hours to $88,100 after President Donald Trump’s US Strategic Bitcoin Reserve failed to meet expectations. BTC/USD daily chart. Source: Cointelegraph/TradingView Key takeaways: Bitcoin’s drawdown follows US President Donald Trump’s announcement for a Strategic Bitcoin Reserve. More outflows from spot Bitcoin ETFs. Bitcoin price…
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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…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance…
Bitcoin (BTC) fell to intraday lows after the Mar. 6 Wall Street open as market discounted good news coming from the US’ first White House Crypto Summit. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin shrugs off Crypto Summit excitement Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading down 2% on the day. A run…
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…
Bitcoin has started to recover gradually after experiencing a notable drop in recent weeks. So far, BTC has reclaimed the $90,000 level amid renewed market activity. The cryptocurrency surged nearly 10% yesterday, briefly reaching a high of $92,756 in the early hours of today before experiencing a minor pullback. At the time of writing, Bitcoin…
