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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
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
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
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
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
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
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
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
U.S. President Donald Trump signed an executive order Thursday to establish a digital asset reserve that retains bitcoin (BTC) and altcoins seized in enforcement actions without making new purchases. The absence of new purchases means that, for now, the so-called reserve serves
Coinbase has acquired the team behind Iron Fish, a privacy-focused blockchain project, to strengthen privacy features on its layer 2 network Base, the company announced. The deal does not include the Iron Fish blockchain or its native token, which will continue to