It’s not surprising that the government’s crypto reserve involves Bitcoin and Ethereum, but the other three coins seem kind of random — Cardano (have you heard of it???), XRP, and Solana. Proceeds to support corporate initiatives including bitcoin acquisitions and working capital. On the other, it gives crypto bosses exactly what they want and does a huge favor to the most famous businessman in crypto, who also happens to be the guy who would sign the bill from behind the Resolute Desk. Solana is gaining momentum in the fast-growing tokenized real-world asset space as traditional finance and DeFi gets increasingly intertwined. Traders are rotating into major altcoins like XRP and Solana’s SOL as bitcoin consolidates near its record highs.
The recent significant depreciation of the U.S. dollar has become a key driver behind Bitcoin’s price increase. Bitcoin’s recent volatility reflects broader risk asset fatigue, with potential for a rebound driven by risk asset recovery and positive Bitcoin-specific developments. ERC20 token Stablecoin market to soar to $2T by 2028, per Standard Chartered, boosting dollar dominance and financial innovation via U.S. legislation and Circle’s model.
Bitcoin Policy Institute
- JPMorgan unveiled a revamped blockchain network that could challenge SWIFT while BlockFi has taken a 5% stake in Grayscale’s GBTC.
- Bitprismia is an all-in-one cryptocurrency news aggregator, bringing you the latest headlines from around the web.
- By introducing this new address type, users can also save on transaction fees, as even complex transactions look like simple, single-signature ones.
- Users of the KAS-wKAS bridge in the Chainge project have found their withdrawal transactions trapped as promises from the team are not met.
- The purpose of this website is solely to display information regarding the products and services available on the Crypto.com App.
If you are new to crypto, use CoinMarketCap’s own educational portal — Alexandria — to learn how to start buying Bitcoin and other cryptocurrencies. This negative sentiment appears to have been broken, with a number of corporate behemoths buying up Bitcoin since 2020. In particular, business intelligence firm MicroStrategy set the pace after it bought $425 million worth of Bitcoin in August and September 2020.
BTC Breakout Points to $125000 as Chart Mirrors Gold’s $3425 Surge
Trump’s tariffs push U.S. rates to a century-high, sparking trade tensions. Semler Scientific reports $41.8M unrealized Bitcoin loss in Q but remains committed to its crypto strategy, holding 3,182 BTC and planning to acquire more. Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way. BUILDon (B) has gained over 500% in a single day after a major accumulation by the Trump-affiliated crypto firm World Liberty Financial.
Trading Signals
CryptoNewsLand (CNL) is a one-stop online crypto news website that offers the latest happenings in the crypto world. CNL covers stories about cryptocurrencies like Bitcoin and Ethereum, blockchain technology. The most popular wallets for cryptocurrency include both hot and cold wallets. Hot wallets are able to be connected to the web, while cold wallets are used for keeping large amounts of coins outside of the internet.
The fund will invest at least 80% of its assets in XRP futures contracts and shares of other XRP-linked exchange-traded products. In addition to Sun, however, some attendees have publicized qualifying for the dinner. Another will be Sheldon Xia, the founder of a cryptocurrency exchange called BitMart that’s registered in the Cayman Islands. Many top crypto backers were naturally wary of traditional politics, but gravitated toward Trump last year. They bristled at Democratic President Joe Biden ‘s Securities and Exchange Commission aggressively bringing civil suits against several major crypto companies. Super PACs representing crypto companies spent over $100 million in the 2024 election cycle, helping elect lawmakers they view as friendlier to the crypto industry to Congress.
