Tag: Crypto

President Donald Trump’s order to establish a bitcoin (BTC) reserve is meant to set up the original cryptocurrency as a U.S. reserve asset that deserves special treatment apart from other crypto assets, according to a senior White House official. The order’s additional crypto stockpile of other assets will only...

U.S. Treasury Secretary Scott Bessent on Friday characterized tariffs as a “one-time” price adjustment, outlining the administration’s trade strategy ahead of the White House Crypto Summit. What Happened: In an interview with CNBC, Bessent explained the tariff policy as a corrective measure to address global trade disparities, targeting issues...

XRP price has lost the momentum it had in November 2024 and has moved into a technical bear market after falling by 25% from the highest point this year. Ripple (XRP) retreated to $2.5 on Friday as crypto investors waited…...

Cryptocurrency markets are likely to remain under pressure in the short term owing to a lack of positive catalysts and skepticism about whether Congress will approve a U.S. strategic crypto reserve, JPMorgan (JPM) said in a research report Wednesday. “Not only is there skepticism about congressional approval for such...

Coworking summits at the mtnDAO hacker house come and go. But mtnCapital trades forever. The monthlong Solana developer meetup will launch its token ($MTN) at the end of March, co-founders Barrett and Edgar Pavlovsky exclusively told CoinDesk. That much was always expected from a famously pro-token team. More intriguing...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2918.27, down 0.2% (-6.41) since 4 p.m. ET on Thursday. Thirteen of 20 assets are trading higher. Leaders: HBAR (+7.0%) and DOT (+5.2%)....

Solid strength in the U.S. employment market continued in February, though the unemployment rate ticked higher. Nonfarm payrolls rose 151,000 last month, the Bureau of Labor Statistics reported Friday morning. Economist forecasts had been for a gain of 160,000. January payroll growth was revised lower to 125,000 versus an...

Fold Holdings, Inc. (NASDAQ: FLD) has increased its bitcoin (BTC) treasury by 475 BTC, bringing its total holdings to over 1,485 BTC. This move secures Fold’s position among the top ten U.S. public companies with the largest bitcoin treasuries. Acquiring bitcoin through a convertible note at a 100% premium,...

The DXY Index, has experienced one of its sharpest one-week declines since 2013. The index measures the strength of the U.S. dollar against a basket of major currencies. According to Bloomberg data from Global Macro Investor, the index’s one-week percentage drop has exceeded a negative four standard deviation move—a...

By James Van Straten (All times ET unless indicated otherwise) Was it worth the wait? President Donald Trump finally delivered on his electoral promise on Thursday, signing an executive order to establish the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile. You’d expect bitcoin (BTC) bulls to rejoice, but...