Author: James Wilson
The White House Crypto Summit on March 7 will bring together crypto industry leaders and regulators for a night that many believe could shed more light on President Trump’s plans for crypto in the U.S. Here’s what you need to know. According to FOX Business journalist, Eleanor Terrett, the summit will be a gathering of around 20 to 25 people at a roundtable setting hosted at the White House. The White House Crypto Summit guest list, according to insiders, will be smaller than expected, but includes major crypto industry leaders and regulators from relevant government bodies. Sources claim attendees will…
President Trump has signed an executive order to create a Strategic Bitcoin Reserve, says White House AI and Crypto Czar David Sacks. According to Sacks’ Mar. 7 announcement on his official X handle, the reserve will be funded with Bitcoin (BTC) seized by the federal government through asset forfeiture, meaning taxpayers will not bear any cost. Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve. The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it…—…
A sharp drop in the US Dollar Index could set the stage for a Bitcoin price rally, according to Jamie Coutts, Chief Crypto Analyst at Real Vision. In a Mar. 7 post on X, Coutts cited historical evidence that indicates notable declines in the DXY frequently align with large uptrends in Bitcoin (BTC). He conducted a backtest on cases in which the DXY dropped more than 2% and discovered that Bitcoin had an average gain of 31.6% and a 94% win rate over the next 90 days. In addition, Bitcoin posted gains 100% of the time, averaging 37% return, when…
President Trump has signed an executive order to create a Strategic Bitcoin Reserve, says White House AI and Crypto Czar David Sacks. According to Sacks’ Mar. 7 announcement on his official X handle, the reserve will be funded with Bitcoin (BTC) seized by the federal government through asset forfeiture, meaning taxpayers will not bear any cost. Sacks estimated that the U.S. government holds around 200,000 BTC, though a full audit has never been conducted. The executive order mandates a complete accounting of federal digital asset holdings and prohibits the sale of Bitcoin in the reserve, likening it to a “digital…
Bitcoin staking platform Solv Protocol has entered a strategic partnership with Soneium, the Ethereum layer 2 blockchain backed by Japan’s Sony Group, expanding BTC staking to the network. Announced on Mar. 6 on Solv Protocol’s official Medium page, this partnership aims to bridge Bitcoin (BTC) and Ethereum’s (ETH) expanding decentralized finance ecosystems. Through this integration, SolvBTC holders can stake their assets, earn rewards, and access cross-chain liquidity within the Soneium ecosystem. SolvBTC is a token that is 1:1 backed by Bitcoin, earned when users deposit Bitcoin into Solv Protocol. Furthermore, SolvBTC Liquid Staking Tokens, SolvBTC.LSTs, will make advanced yield strategies…
Crypto.com’s CRO token gained over 15% on Thursday amid speculations that the token will be included in Donald Trump’s strategic crypto reserve. Cronos (CRO), the native token of Cronos Chain, soared by 15.8% on Thursday amid speculation that it could be included a strategic crypto reserve, recently unveiled by the U.S. President Donald Trump. Per crypto.news price tracking page, the price of CRO jumped to $0.09 on March 6, with its trading volume soaring by nearly 100%, according to data from crypto price aggregator platforms. https://twitter.com/EleanorTerrett/status/1897473838595674310 The pump comes a few hours after Fox Business journalist Eleanor Terrett revealed in…
Ondo Finance, a key player in real-world asset tokenization, remains in a bear market, having fallen more than 45% from its November 2024 high. Ondo (ONDO) price was trading at $1.60 on Thursday, marking a 30% increase from its lowest level this year. However, strong technical and fundamental indicators suggest a potential rebound in the coming weeks. A key factor supporting a potential recovery is the continued growth of Ondo Finance’s ecosystem. According to DeFi Llama, the total value locked in Ondo’s ecosystem has surpassed $1 billion for the first time. This marks a significant increase from $541 million at…
RedStone, a blockchain oracle provider, has launched its native token, RED, designed to enhance the security and decentralization of its oracle infrastructure. The token introduces staking through EigenLayer’s Actively Validated Services, enabling users to restake RED via EigenPie and EigenLayer applications. Both data providers and token holders can stake RED to earn rewards in widely used crypto assets. Oracles supply critical price data to decentralized finance applications, relying on secure and reliable data sources. RedStone’s new staking mechanism enhances economic security, by leveraging EigenLayer’s ecosystem and integrating billions in staked assets. To encourage participation, 10% of the 1 billion RED…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano surges 50% after US crypto strategic reserve news, while Yeti Ouro gains traction as a rising play-to-earn contender. With the arrival of March 2025, the total value of the crypto market saw a $270 billion increase in market capitalizations, setting a new record this quarter. Cardano (ADA) has experienced significant growth, increasing by over 50% due to the US crypto strategic reserve announcement. The community is abuzz, but there’s speculation about a new contender, Yeti Ouro (YETIO), which…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new Telegram game, Oil Magnate, lets players build oil empires and earn real MAOGA tokens tied to the oil industry. While U.S. President Donald Trump plans to increase oil and gas production to boost the national budget, a new game is gaining popularity on Telegram that allows users to build their own oil empire and earn tokens tied to the real-world oil industry. This is the Oil Magnate and its MAOGA (Make American Oil Great Again) tokens. The…