Author: btcadmin
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XRP, DOGE, ADA Slump 9% as Trump Douses Bullish Crypto Reserve Hopes
Major tokens XRP, dogecoin (DOGE) and Cardano (ADA) plummeted as much as 9% in the past 24 hours after President Donald Trump dashed hopes of a diversified U.S. strategic crypto reserve. Late Thursday, Trump directed his administration to establish a Bitcoin Strategic Reserve to hold bitcoin (BTC) previously seized by the government with an additional…
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Market Experts Weigh In on Trump’s Strategic Bitcoin Reserve That Takes Out $17B in Potential Selling From BTC
U.S. President Donald Trump signed an executive order Thursday to establish a strategic bitcoin(BTC) reserve that includes BTC seized by the U.S. government through law enforcement actions. White House crypto and AI czar David Sacks said on X that the stockpile will also include other coins forfeited in criminal or civil proceedings while stressing that…
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Trump Orders ‘Fort Knox’ Bitcoin Reserve and Digital Assets Stockpile
President Donald Trump has directed his administration to establish a Bitcoin Strategic Reserve to hold the assets that have been seized by the government, and he’s additionally called for a crypto stockpile of other types of assets. At this point, all of the assets contemplated by the order would be those seized in civil or…
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TransCrypts Wins Pitchfest at Consensus Hong Kong
Four and half years ago, when Zain Zaidi was applying to grad school, he submitted his academic transcripts. But, through an administrative error, the documents were lost, and he almost lost his place. Understanding how someone’s life could be altered by not being able to prove something like an academic credential, Zaidi set out to…
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Texas Surges in U.S. States’ Race to Put Public Funds Into Crypto
Several U.S. states are getting closer to putting public money into cryptocurrencies effort, spurred by President Donald Trump since he announced plans to do the same on a federal level. And Texas is now among the leading contenders. Story continues On Thursday, the Texas state senate passed the so-called SB 21 bill which would allow…
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SBF Pardon Plea Tour Continues With Tucker Carlson Podcast Appearance
Between his recent social posts referring to the Department of Government Efficiency (DOGE), an interview with The New York Sun and his conversation with conservative pundit Tucker Carlson, FTX CEO Sam Bankman-Fried seems to be attempting a media rehabilitation tour. Bankman-Fried suggested to Carlson on Thursday that one of the reasons he’d been given a…
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Mass Adoption of Web3 Through the Self-Writing Internet
Today, hundreds of millions of people own bitcoin and other tokens hosted on blockchains worth trillions of dollars. STORY CONTINUES BELOW Increasingly, though, blockchains host far more than tokens. In fact, blockchains are our future tech stack, and they can host sophisticated Web apps too, which live fully-onchain, just like tokens. These apps are implemented…
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3 Ways Bybit’s $1.5 Billion Hack Will Impact the Staking Industry
The $1.5 billion hack of Bybit — the largest in crypto history — has put the entire industry on high alert. The attack, reportedly carried out by North Korea’s Lazarus Group, resulted in the theft of over 401,000 ETH, reinforcing the reality that no exchange is safe from sophisticated cyber threats, and any platform can…
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U.S. Senate’s Banking Chair Pushes Debanking Bill After Crypto Uproar
The industry’s ongoing campaign against the debanking of crypto businesses and leaders has secured a legislative push from a top U.S. senator, Tim Scott, who is championing a bill that would cut out federal banking regulators’ ability to use “reputational risk” as a reason to steer banks away from customers. That practice had been cited…
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Interest Rate Fears Replace Tariff Fears as Crypto Pulls Back
The latest in a series of reversed tariff threats by President Trump isn’t having the hoped-for effect on risk markets at least halfway through the U.S. trading day on Thursday. The stock market initially bounced off a sharply lower opening and bitcoin (BTC) rose through $91,000 as Commerce Secretary Howard Lutnick — in an appearance on…