Day: March 2, 2025

Bitcoin dominance drops below 50% as Trump touts crypto reserve plan

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Bitcoin dominance slipped from 55.4% to below 50% in the hours after US President Donald Trump initially announced the country would include XRP, Solana and Cardano in its “Crypto Strategic Reserve.” Trump later confirmed on Truth Social that Bitcoin (BTC) — and also Ether (ETH) — would be “at the heart of the reserve” — though his inclusion of altcoins left a sour taste in the mouths of several Bitcoiners — and even a Bitcoin critic. Bitcoin’s dominance has slipped to 49.6% as the likes of Cardano (ADA) and XRP…

Latam Insights: IMF to Confine Salvadoran BTC Purchases, Brazil BRICS Payment Bet

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the International Monetary Fund (IMF) approves a $1.4 billion credit facility for El Salvador, Brazil states it will spearhead the development of BRICS-native payment systems, and the Brazilian CBDC hits […] Source CryptoX Portal

XRP, ADA, SOL go parabolic after Trump US crypto reserve post: Will other altcoins follow?

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Bitcoin (BTC) witnessed solid buying over the weekend as US President Donald Trump announced that Bitcoin, Ether (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) would be included in a crypto strategic reserve. The announcement massively pumped the chosen coins, which made it risky for a fresh entry after the rally. The coins in this article have been selected for their technical setups rather than the Trump-based pump. Apart from the crypto strategic reserve, in a sign that could create new demand for Bitcoin, BlackRock added the iShares Bitcoin ETF…

XRP Secures Spot in Trump’s Crypto Reserve—Ripple CEO Says Multichain Future Is Here

Ripple CEO sees Trump’s “Crypto Strategic Reserve” as a game-changer for XRP, signaling a new era of legitimacy and growth while slamming past SEC obstruction. XRP Included in Trump’s Crypto Reserve—Ripple CEO Sees a Major Breakthrough Ripple CEO Brad Garlinghouse took to social media platform X on March 2 to weigh in on President Donald […] Source CryptoX Portal

AI will never become a conscious being — Sentient founder

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Artificial intelligence (AI) will never become a conscious being due to a lack of intention, which is endemic to human beings and other biological creatures, according to Sandeep Nailwal — co-founder of Polygon and the open-source AI company Sentient. “I don’t see that AI will have any significant level of conscience,” Nailwal told Cointelegraph in an interview, adding that he does not believe the doomsday scenario of AI becoming self-aware and taking over humanity is possible. The executive was critical of the theory that consciousness emerges randomly due to complex…

Whale Nets $1.6M Profit With 50x Leverage Amid Trump’s Crypto Reserve Announcement

A cryptocurrency trader reportedly earned over $1.6 million in profits by taking a highly leveraged 50x long position on bitcoin (BTC) and ethereum (ETH) before President Donald Trump’s announcement of a proposed U.S. crypto strategic reserve on March 2, 2025. High-Risk Bet Pays Off: Trader Gains $1.6M on Bitcoin and Ethereum Post-Policy Shift Trump’s announcement, […] Source CryptoX Portal

White House Crypto Czar Confirms US to Establish Reserve With Bitcoin and Other Top Cryptocurrencies

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White House Crypto Czar David Sacks has endorsed President Donald Trump’s U.S. Crypto Strategic Reserve, highlighting its inclusion of bitcoin and other top cryptocurrencies to position the U.S. as a global leader. Trump’s US Crypto Strategic Reserve Sparks Industry Buzz David Sacks, the White House AI and crypto czar, has expressed support for President Donald […] Original

VeChain Price Prediction | Is VeChain a Good Investment?

VeChain claims to have strong fundamentals with a decent token that is currently retracing along with Bitcoin and other cryptocurrencies. Investors are still optimistic about this token, let’s find out if it can bounce back in the near future.  The native token of VeChain (VET) is currently trading at $0.031 which is about a 18% drop from its previous weekly high of $0.034456. Its current market cap stands above $2.5 billion with a 24-hour trading volume of $91 million. VeChain weekly chart, February 2025 | Source: crypto.news In this article,…

Ethereum Foundation Revamps Leadership Amid Market Volatility

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Este artículo también está disponible en español. The Ethereum Foundation has announced a significant shake-up in its leadership ranks, appointing two new co-executive directors as it embarks on a fresh strategic direction. Hsiao-Wei Wang and Tomasz Stańczak will jointly take the helm of the non-profit that stewards Ethereum’s development, replacing the sole executive role previously held by Aya Miyaguchi​. Related Reading On the other hand, Miyaguchi, who served as Executive Director for seven years, is transitioning to the newly created position of Foundation President​. This interesting change in leadership comes…

Tokenization can transform real estate investing — Polygon CEO

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Real-world asset (RWA) tokenization can completely overhaul the real estate investment sector, which is highly illiquid, filled with intermediaries, and high transaction costs, according to Polygon CEO Mark Boiron. In an interview with Cointelegraph, the CEO said that tokenization of properties could remove unnecessary intermediaries, thereby lowering transaction costs. The CEO added that fractional ownership and trading tokenized real estate on the secondary markets would open up liquidity and increase the velocity of money. Boiron told Cointelegraph: “The thing you really want is the ability to eliminate the illiquidity discount…