Jonathan Raa | Nurphoto | Getty Images Bitcoin fell on Monday as volatility in the price of the world’s largest cryptocurrency continues following an executive order signed by President Donald Trump to create a strategic bitcoin reserve for the United States. Bitcoin was trading at $81,712, down over 5% but off earlier lows, at 9:42…
Crypto prices jump after Trump sets plan for US strategic reserve Prices for bitcoin and the like have soared after Donald Trump set out plans for a U.S. cryptocurrency reserve. He said in a social media post that the stockpile would include bitcoin and ether, as well as smaller tokens XRP, solana and cardano. President…
AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images President Donald Trump signed an executive order on Thursday creating a Strategic Bitcoin Reserve,…
President Trump said on social media Sunday that his administration is working toward creating a “crypto strategic reserve” that will include bitcoin and ethereum, along with lesser-known cryptocurrencies XRP, solana, and cardano. He later followed up with another post saying his planned reserve would also include bitcoin and ether, the two most popular cryptocurrencies. The…
Asian markets climbed on Monday on hopes that China will announce a huge stimulus package that will help offset US President Donald Trump’s looming tariffs against Chinese goods. Investors were also watching for any last-ditch deals to ward off the levies hitting Mexico, Canada and China due to come into force on Tuesday. Trump has…
Asian markets climbed on Monday on hopes that China will announce a huge stimulus package that will help offset US President Donald Trump’s looming tariffs against Chinese goods. Investors were also watching for any last-ditch deals to ward off the levies hitting Mexico, Canada and China due to come in force Tuesday. Trump had confirmed…
President Trump on Sunday named five cryptocurrencies under consideration for a new U.S. “strategic reserve,” sending their values skyrocketing and partly reversing a recent slump. In a post on Truth Social, Mr. Trump said the President’s Working Group on Digital Asset Markets, a group he set up through an executive order shortly after taking office, is…
[Ray Bogan] Members of Congress are introducing a resolution to nullify a new regulation for digital consumer payment applications like Venmo and PayPal. The rule was created by the Consumer Financial Protection Bureau (CFPB) during the final weeks of the Biden Administration and requires the payment companies to follow similar rules as banks. Sen. Pete…
Cryptocurrency apps in the U.S. have surged in popularity due to factors such as the potential for profit, low transaction fees, and increasing user accessibility. These platforms allow users to trade cryptocurrencies easily, offering a decentralized, peer-to-peer model that reduces reliance on traditional financial institutions. The ability to buy low and sell high has attracted…
Robinhood’s fourth-quarter explosion in crypto revenue could signal strong results are in store Coinbase , according to Needham. Robinhood, the stock and crypto brokerage, posted record profit for the fourth quarter thanks to a surge in trading activity during the postelection rally. Within its transaction-based revenue, the company posted a 700% year-over-year spike in revenue…