Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In crypto, wild price swings are normal when policies and new regulations are announced. This market observation became evident this week, immediately after US President Donald Trump announced plans…
Day: March 7, 2025
The Historic Dangers of Politicizing Our Civil Service
President Donald Trump and Elon Musk are working to dramatically reduce the size of the federal civil service. They have already laid off numerous government employees who work on issues ranging from food safety to wildfire mitigation and are threatening to expand layoffs. These developments accompany an executive order that looks to convert a wider share of the civil service into at-will employees who can be more easily dismissed by the administration and replaced by people deemed more loyal to the president. Today’s civil service is the product of hard-fought…
Trump’s Bitcoin reserve order reshapes institutional crypto investment
President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve and a National Digital Asset Stockpile is expected to be a catalyst for wider Bitcoin adoption, according to investment analysts and crypto industry leaders. On March 6, Trump acknowledged the need to “harness” the power of digital assets while signing the executive order for crypto assets, which states: “Because there is a fixed supply of BTC, there is a strategic advantage to being among the first nations to create a strategic Bitcoin reserve.” Ryan Rasmussen, the head of research…
US strategic crypto reserve could add 1m Bitcoin by 2030 with gold sales, analysts say
The United States could acquire over 1 million Bitcoin in five years if the authorities were to sell 15% of the country’s gold reserves, analysts estimate. Selling 15% of its gold reserves could enable the U.S. to acquire 1.05 million Bitcoin (BTC) in the next five years, according to new estimates from Singapore-based blockchain firm Matrixport. In an X post on March 7, analysts noted that to fund the reserve, Senator Cynthia Lummis has already proposed selling U.S. gold reserves, although they cautioned that such a move could potentially lead…
DXY’s Collapse Signals Bigger Bull Run
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. This week, the US Dollar Index (DXY) has recorded one of its largest three-day negative performances in recent history. Since Monday, the DXY is down -5.4%, falling from 109.881…
Unkept Promises: Developer Leaves El Salvador After Change in Bitcoin Stance
Andreas Kohl, a bitcoiner who moved to El Salvador three years ago, has decided to leave the country due to the new direction taken by the current administration regarding bitcoin and a series of promises that the government has failed to fulfill. El Salvador Disappoints Bitcoiners With New Policies, Unfulfilled Promises The new stance of […] Original
Analyst outlines strategies for the U.S. to buy more Bitcoin
Analyst Jiang Jinze mentioned several ways the U.S. could purchase Bitcoin for its strategic reserve in the event it runs out of seized BTC. Analyst and Muse Labs founder Jiang Jinze has pointed out that there is a possibility the U.S. would still need to acquire more Bitcoin (BTC) moving forward. According to him, only 100,000 BTC out of the total owned by U.S. government can be considered “real reserves.” This is because nearly 50% of the confiscated BTC must be returned to Bitfinex. In January 2025, the U.S. federal…
Trump’s White House Crypto Summit: Confirmed attendees so far
Update (March 7, 10:00 am UTC): This article has been updated to reflect up-to-date information on the confirmed attendees of the first White House Crypto Summit and recent related events. As US President Donald Trump prepares to host the first White House Crypto Summit on March 7, more than 20 key industry leaders have been confirmed as attendees. The roundtable, scheduled from 6:30 pm to 10:30 pm UTC, is expected to include more than 25 participants, including members of the Presidential Working Group on Digital Assets, according to Fox Business…
Argentine Prosecutor Orders Mass Freezing of Cryptocurrency in Libra Case
Eduardo Taiano, the Argentine prosecutor currently probing Milei and the Libra cooperators, has ordered the freezing of all LIBRA tokens involved in the case. Furthermore, the attorney is scrutinizing the activities of the addresses holding LIBRA that have also purchased other currencies. Argentine Prosecutor Advances Libra Probe: Mass Token Freezing Ordered The investigation of Libra, […] Source
Bitcoin Bullish Signal: $900 Million In BTC Leaves Exchanges
On-chain data shows the exchanges have witnessed net Bitcoin outflows through the latest volatility, a sign that could be positive for BTC’s price. Bitcoin Exchange Netflow Has Been Negative Recently According to data from the market intelligence platform IntoTheBlock, Bitcoin has been leaving exchanges recently. The on-chain metric of relevance here is the “Exchange Netflow,” which measures the net amount of BTC entering into or exiting out of the wallets associated with all centralized exchanges. When the value of the indicator is positive, it means the investors are making net…