Bitcoin Goes Corporate: Major Brazilian Firm Adopts BTC Strategy
Méliuz, a Brazilian fintech and publicly traded company, has allocated 10% of its cash reserves to Bitcoin, which represents a substantial advancement in the cryptocurrency sector. Méliuz is now a part of an increasing number of corporations that regard Bitcoin as more than a mere speculative asset. Related Reading: Mt. Gox Stirs The Market With […]
U.S. Stocks Give Up Post-Trump Election Advance While Bitcoin Clings to Gain
Since President Trump won the U.S. election in November, the S&P 500 has dropped 2%, while bitcoin has gained 20%.
XRP, DOGE, ADA Slump 9% as Trump Douses Bullish Crypto Reserve Hopes
Traders are disappointed the crypto reserve plans won’t add any buying pressure to the market, at least in the near term, with few catalysts to buoy the market.
Bitcoin Dips After Trump’s Strategic Reserve Order—Is The Market Wrong?
US President Donald Trump signed an executive order on March 7 establishing a Strategic Bitcoin Reserve (SBR) and a “Digital Asset Stockpile.” Both will initially be capitalized with cryptocurrency seized via government criminal and civil forfeiture proceedings, with future acquisitions possible under budget-neutral conditions. Moments after the news went public, BTC’s price slipped from roughly […]
Market Experts Weigh In on Trump’s Strategic Bitcoin Reserve That Takes Out $17B in Potential Selling From BTC
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
Trump Orders ‘Fort Knox’ Bitcoin Reserve and Digital Assets Stockpile
The U.S. president directed his administration to establish a bitcoin reserve to hold seized assets, and it's setting up a separate crypto stockpile.
Here Is What Market Pundits Are Saying About Trump’s Strategic Bitcoin Announcement
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
Hong Kong Crypto Scam: Chief Executive Impersonator Account Promotes Fake National Token
An X account impersonating Hong Kong’s Chief Executive, John Lee Ka-chiu, launched a fake national cryptocurrency on Solana’s token launchpad Pump.fun. The account promoted the token to its thousands of followers, seemingly aiming to capitalize on the recent Political memecoin frenzy. Related Reading: ‘Pieces’ Of SEC’s Crypto Framework Will Be Established This Year, Commissioner Peirce […]
Trump Signs Order Setting Up Bitcoin ‘Fort Knox’ and Digital Assets Stockpile
The U.S. president directed his administration to establish a bitcoin reserve to hold assets the U.S. has seized, and it's setting up a separate crypto stockpile.
Meme Coin Platform Pond.fun Loses 65 ETH In Insider Job
A meme coin launchpad has suffered a major security breach, with an insider allegedly siphoning off thousands of dollars worth of cryptocurrency. Related Reading: Crypto Crackdown Or Clarity? CFTC And SEC Evaluate Regulations Pond.fun, a platform built on Linea, lost 64.8 Ether in what appears to be an attack from within. The stolen funds, worth […]