Author: btcadmin

President Trump’s executive order calling for the formation of a strategic bitcoin (BTC) reserve and a crypto stockpile is a “pivotal moment” for the industry, investment bank KBW said in a research report Friday. The President directed his administration to establish a Bitcoin Strategic Reserve to hold the assets that have been seized by the…

Web3 wasn’t designed for humans at scale; it was built for machines. Its complexity has limited its adoption, but the “Post Web” stack is taking shape with AI agents emerging as autonomous economic actors. STORY CONTINUES BELOW Smart contracts, decentralized networks, and verifiable computation will remain. But now they are being optimized for AI-driven execution,…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2658.12, down 7.2% (-205.91) since Friday at 4 p.m. ET. Story continues Don’t miss another story.Subscribe to the Crypto Long & Short Newsletter today. See all newsletters Sign me…

Investment managers Rex Shares and Osprey Funds have filed to list an exchange-traded fund (ETF) tracking the price performance of Movement Networks’ MOVE. The Ethereum layer-2 network’s mainnet, which is built using MoveVM, is expected to launch on Monday. Story continues Don’t miss another story.Subscribe to the Crypto Long & Short Newsletter today. See all…

Thailand’s financial regulator the Securities and Exchange Commission (SEC) is expanding its list of approved cryptocurrencies with the two largest stablecoins, Tether’s USDT and Circle’s USDC as trading pairs on digital asset exchanges. Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM), and certain tokens used in the Bank of Thailand’s settlement system were approved…

Prices for XRP, the payments-focused cryptocurrency used by Ripple to facilitate cross-border transactions, plummeted over 27% in the week ended March 9, marking its largest weekly percentage decline since November 2022, according to data source TradingView and CoinDesk. The sell-off has brought attention to $1.95, key support, which, if breached, could lead to more profound…

Pakistan, one of the top 10 nations for remittances from abroad, may leverage blockchain technology to streamline the process, Bilal bin Saqib, chief adviser to the finance minister and a member of the recently established Pakistan Crypto Council (PCC), said Monday. Overseas Pakistanis sent over $31 billion in 2023-24 via traditional channels that are often…

On the sidelines from purchasing additional bitcoin (BTC) for the past couple of weeks, Michael Saylor’s Strategy (STRK) is at it again. The company during early Monday U.S. hours announced a $21 billion at-the-market (ATM) offering of its Series A preferred stock (STRK), proceeds of which would mostly be used for buying additional bitcoin. STORY…

By Omkar Godbole (All times ET unless indicated otherwise) The crypto market continues to lose ground, driven by disappointment over the absence of a plan for the U.S. government to buy bitcoin under the newly announced strategic reserve plan and amid persistent macroeconomic concerns. Story continues Don’t miss another story.Subscribe to the Crypto Daybook Americas…

Cryptocurrency’s extended sell-off bled through to equity markets as crypto-adjacent companies saw losses in pre-market trading on Monday. Strategy (MSTR) and Coinbase (COIN) both fell over 5%, while bitcoin mining firms MARA Holdings (MARA), Riot Platforms (RIOT), Core Scientific (CORZ) and CleanSpark (CLSK) traded lower by at least 2.5%. Story continues Don’t miss another story.Subscribe…