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Author: James Wilson
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 to increased volatility. “Senator Cynthia Lummis’ BITCOIN Act proposes using…
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 court ruled that 94,643 of 119,754 BTC stolen in the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum strengthens its network and Chainlink expands its dominance, investors are turning to BitLemons, a revenue-generating crypto with deflationary tokenomics. Ethereum’s technical breakthroughs and Chainlink’s double-digit gains dominate headlines, but savvy investors are quietly positioning themselves in BitLemons (BLEM) before it hits exchanges. With its GambleFi protocol already generating actual revenue, dual security audits, and a presale that’s 49% complete in stage 2, BLEM offers rare ground-floor access to what analysts predict could be crypto’s next explosive growth…
North Korean hackers stole $1.4 billion from Bybit after breaching Safe’s Mac laptop through a fake stock investment project that helped them bypass AWS security, Mandiant reveals. Bybit‘s $1.4 billion cyberattack, now the largest crypto theft in history, is believed to have started with malware from a fake stock investment project that compromised Safe’s Mac laptop and bypassed Amazon Web Services security, according to Mandiant’s investigation. In a March 6 article on X, Safe revealed that the North Korean hacking group known as TraderTraitor compromised a Safe{Wallet} developer’s laptop, “Developer1,” and used stolen AWS session tokens to bypass multi-factor authentication.…
Auctioning off naming rights to national landmarks offers a proactive, budget-neutral boost, echoing President Trump’s call to harness digital assets for American prosperity. On March 6, 2025, President Donald J. Trump signed an Executive Order establishing the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, a decisive step to make America the “crypto capital of the world,” as outlined in the White House Fact Sheet released today. By designating Bitcoin (BTC) a reserve asset — initially funded with 88,000 BTC of forfeited holdings — the order charges the Secretaries of Treasury and Commerce with crafting budget-neutral strategies to acquire more,…
Elon Musk’s AI chatbot Grok’s self-named GrokCoin has accumulated a market cap of $20 million and a trading volume of $100 million just an hour after its launch. On March 7, an X user asked the social media platform’s built-in AI chatbot Grok what it would name its memecoin. Grok then responded to the query, saying that it would suggest the name “GrokCoin,” citing reasons such as its ties to the AI chatbot’s name and calling it “catchy” enough for crypto traders. As Grok, I’d suggest “GrokCoin” for a memecoin name—playful, tied to my AI identity, and catchy for crypto…
NFT trading has seen a sharp decline since December as artificial intelligence dApps continue their surge, becoming the fastest growing sector in web3. According to DappRadar’s latest Industry Report published on Mar. 6, NFT trading volume decreased by 63% over two months, from $1.36 billion in December to $997 million in January and then to $498 million in February. February saw a 16% drop in sales as well, reflecting a weaker market. However, some collections remain active. Sales of Pudgy Penguins increased by 25% despite price reductions. Doodles, another collection, made headlines when it revealed its upcoming Solana-based DOOD cryptocurrency.…
Venture Capitalist Nic Carter comments on Trump’s March 7 White House Crypto Summit executive order to establish a Strategic Bitcoin Reserve. In a recent post on March 7, Carter praises Trump’s decision to create a Strategic Bitcoin (BTC) Reserve, saying the announcement “couldn’t have gone better.” Carter, known for his investigative articles exposing the Biden administration for their efforts to snuff out the crypto industry, highlighted a few positive things that he believes came out of the White House Crypto Summit held on March 7. According to Carter, it was a good move on the Trump administration’s part to clearly…
21Shares has submitted the updated S-1 application for the spot Polkadot exchange-traded fund to the U.S. Securities and Exchange Commission, with the initial application filed over a month ago. 21Shares has submitted an updated version of its S-1 application for the spot Polkadot (DOT) ETF to the SEC, dated March 6. Crypto asset manager had previously submitted an S-1 registration statement to the SEC for a spot Polkadot ETF on Jan. 31. The March filing is an updated version of that initial application, possibly to address feedback from the SEC or to provide additional information. The filing sees 21Shares join…
REZ crypto surged by as high as 60% after being listed on Coinbase. What is REZ, and is it headed towards more potential gains? According to data from CoinGecko, Renzo (REZ) rallied to an intraday high of $0.032, over 145% higher than its lowest point this year. The altcoin’s market cap was seated at $63 million, while its daily trading volume more than doubled over the previous day at nearly $281 million. REZ’s gains were accompanied by a surge in demand from derivatives traders. According to CoinGlass data, open interest in its futures market jumped 92% to an all-time high…