US Customs and Border Protection (CBP) authorities may have mistakenly seized thousands of Bitcoin miners under the impression that they were illegally imported radio frequency devices. Thousands of Chinese-made Bitcoin (BTC) miners had reportedly been seized at US ports of entry since around September and only began being released again as of a few weeks…
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…
US President Donald Trump could reportedly sign an executive order to create a Bitcoin reserve during the White House Crypto Summit on March 7. Such a reserve would be expected to buy more Bitcoin (BTC), in comparison to the US hanging on to the BTC it already owns through criminal seizures, Bloomberg reported on March…
Este artículo también está disponible en español. Crypto analyst Charting Guy (@ChartingGuy) has issued a cautionary note on Dogecoin, suggesting he will sell the meme coin if certain Fibonacci retracement levels fail to break in the coming months. His statement arrives at a time when Dogecoin (DOGE) is trading around $0.20, according to the shared…
Bitcoin (BTC) gained 6.8% between March 5 and March 6, briefly reclaiming $92,000. However, the trend reversed after the S&P 500 fell 1.3%, triggered by a warning from Philadelphia Federal Reserve President Patrick Harker about the US economy. Other factors also kept Bitcoin’s price below $95,000, such as rising tensions in Ukraine and uncertainty over…
White House crypto czar David Sacks has criticized the US government’s sale of confiscated Bitcoin over the years, referring to it as a strategic mistake that has cost taxpayers billions. In a March 6 social media post, Sacks said the US government generated $366 million in proceeds from its Bitcoin (BTC) sales over the past…
Key Takeaways World Liberty Financial is partnering with Sui blockchain for product development and will add Sui assets to its Macro Strategy reserve. The Macro Strategic Reserve aims to diversify holdings, including assets like Bitcoin, Ethereum, and US Treasury-backed tokens. Share this article World Liberty Financial (WLFI), the DeFi project backed by the Trump family,…
Este artículo también está disponible en español. Crypto analyst Master Ananda has asserted that the bottom is in for the Bitcoin price following its massive crash below $80,000 last week. In line with this, the analyst revealed what to expect next from the flagship crypto. In a TradingView post, Master Ananda claimed that the bottom…
Bitwise Asset Management has made its first institutional decentralized finance (DeFi) allocation, depositing into Maple Finance’s overcollateralized Bitcoin loans, Maple told Cointelegraph on March 6. Maple did not disclose the size of the investment but confirmed that Bitwise’s allocation is represented in Dune Analytics total value locked (TVL) figures for Maple’s “blue chip secured” strategy. …
Key Takeaways Holding Bitcoin could have netted the US government $17 billion. David Sacks advocates for a strategic reserve management approach for Bitcoin, similar to gold, to create long-term value. Share this article The US government’s decision to sell seized Bitcoin over the past decade instead of holding it has cost taxpayers approximately $17 billion…
