Author: btcadmin
-
The Fourth Largest Weekly Drop in Dollar Index in Over a Decade Signals Bitcoin Bottom
The DXY Index, has experienced one of its sharpest one-week declines since 2013. The index measures the strength of the U.S. dollar against a basket of major currencies. According to Bloomberg data from Global Macro Investor, the index’s one-week percentage drop has exceeded a negative four standard deviation move—a rare event that has only occurred…
-
Crypto Daybook Americas: Bitcoin Reserve Fails to Rouse BTC Bulls as Jobs Data Looms
Shaurya Malwa Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP,…
-
Bitcoin, Ether, Solana Traders Chase Downside Protection, XRP Stands Out, as Trump’s Crypto Plan Disappoints
U.S. President Donald Trump signed an executive order Thursday to establish a digital asset reserve that retains bitcoin (BTC) and altcoins seized in enforcement actions without making new purchases. The absence of new purchases means that, for now, the so-called reserve serves merely as a strategic stockpile that will not inject any buying pressure in…
-
Coinbase Acquires Iron Fish Team to Boost Privacy on Base
Coinbase has acquired the team behind Iron Fish, a privacy-focused blockchain project, to strengthen privacy features on its layer 2 network Base, the company announced. The deal does not include the Iron Fish blockchain or its native token, which will continue to operate independently “and unaffiliated with Coinbase or Base,” under the Iron Fish Foundation.…
-
U.S. Stocks Give Up Post-Trump Election Advance While Bitcoin Clings to Gain
The stock market tariff tantrum of the past few weeks has seen the Nasdaq 100 and S&P 500 give up all their gains since the early November election victory of Donald Trump even as bitcoin (BTC) remains in positive territory. Both equity gauges are now more than 2% lower, while bitcoin is up over 20%…
-
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…
-
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…
-
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…
-
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…
-
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…