Tag: Doge

Is Trump Crypto Reserve a Crypto Bailout? Is Trump Manipulating Bitcoin Price?

Undoubtedly, President Donald Trump’s decision to establish a Bitcoin and crypto reserve, drawing from the existing stockpile with more additions scheduled through “budget-neutral” strategies, has sparked heated debate. At no point did the president or David Sacks, the AI and crypto czar, say they were bailing out cryptocurrencies like...
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Jack Dorsey and Square: Has PayPal Met Its Match?

Jack Dorsey may not be a champion of free speech, as is evident in his bannings on Twitter before Elon Musk took over, but he is one of crypto’s biggest supporters. Dorsey’s and Square’s Cash App (SQ), is more than just a place to pay your friends back for...
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No Bottom in Sight as Bitcoin Funding Rate Swings

The bitcoin (BTC) perpetual futures funding rate is fluctuating between positive and negative, reflecting market uncertainty. As bitcoin declines and hovers around $80,000, traders are seeking direction, especially after bitcoin lost its 200-day moving average. The funding rate, set by exchanges for perpetual futures contracts, determines periodic payments between...
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Coinbase To Launch 24/7 Bitcoin and Ethereum Futures Trading in the US

Coinbase Derivatives is looking to launch round-the-clock futures trading of bitcoin (BTC) and ether (ETH), the CFTC-regulated futures arm of the crypto exchange announced on Monday. The exchange plans to offer both large and nano-sized contracts, it said in a press release, for both retail and institutional traders which...
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Crypto Funds Bleed $4.75B as Market Drop Erases Post-Election Gains

Crypto investment products have been seeing weekly outflows for four consecutive weeks now, with $876 million withdrawn last week, bringing the four-week total to $4.75 billion. The sustained withdrawals and an ongoing cryptocurrency market drawdown have erased gains made since November 2024 after Donald Trump won the U.S. Presidential...
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