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Donald Trump’s crypto czar David Sacks says the US could add more Bitcoin to its strategic crypto reserve, as Japan-based Metaplanet ramps up its BTC buying spree. Speaking at a fireside chat with Gemini co-founders Cameron and Tyler Winklevoss at the Bitcoin 2025 conference in Las Vegas yesterday, Sacks said the US government can acquire more BTC as long as it is done in a “budget-neutral” way.  Path For US Government To Buy More Bitcoin Does Exist, But Will Need Approval Sacks said he “can’t promise anything,” but a pathway for the government to buy more Bitcoin does already exist. The main challenge, according to him, is getting US Commerce Secretary Howard Lutnick and US Treasury Secretary Scott Bessent on board with the idea.  “The question is, can we get either the Treasury Department or the Commerce Department to get excited about that because if they do and they can figure out how to fund it, they actually do have presiden...

Donald Trump is adamant about imposing tariffs on nations. His strict tariff stance has severely impacted the US economy, adding pressure on nations, which in turn has negatively affected the US dollar. The global stock markets have also been delivering major losses, responding to the fierce tariffs that have been levied by Trump on major international imports. This entire scenario has been favoring safe haven assets like gold and Bitcoin, which have emerged as victory assets amid the recent political overhaul. Will the brewing stock market crash continue to push gold higher than ever? If yes, then how high will the asset go? Let’s find out. Also Read: Trump Crashes the Stock Market After Public Attack On Powell’s Policies Is a New Stock Market Crash Coming? Donald Trump is currently in the process of levying tariffs on nations. These tariffs have been implemented in efforts to bolster the US economy. However, the development has taken an odd turn, which has ultimately led the mar...

Hedera coin surged nearly 12% on Thursday after the broader stock and cryptocurrency market boomed in value. The boom comes after US President Donald Trump announced a 90-day pause on tariffs he imposed. The markets reacted positively to the development as Bitcoin went to the $83,400 level from a low of $79,900. Also Read: Sanctions on Russia Are Rapidly Accelerating De-dollarization Source: Coingecko On the other hand, Dow Jones spiked nearly 3,000 points while Nasdaq Composite Index shot up close to 1,900 points. Now that the Hedera coin pumped double-digits in the charts, is this the best time to take an entry position in HBAR? In this article, we will highlight how high or low the distributed ledger cryptocurrency platform could trade by mid-April 2025. Also Read: European Union Pauses Retaliatory Tariff on US Goods for 90 Days Hedera Coin: Should You Buy HBAR? Source: Hedera HBAR is down close to 37% year-to-date and is among the most badly hit cryptocurrencies in the market. It h...

Metaplanet stock plunged 8% after unveiling a ¥2 billion ($13.4m) Bitcoin purchase plan, as markets brace for for US President Donald Trump’s April tariffs. Google Finance data shows that Metaplanet stock traded at ¥401 as of 2:05 a.m. EST following the recent drop. Metaplanet Announces ¥2 Billion Bitcoin Purchase Plan Earlier today, Japan-based investment firm Metaplanet announced the issuance of its 10th Series of Ordinary Bonds worth ¥2 billion. According to a March 31 announcement shared on X today, the firm plans to use the proceeds to buy BTC. The zero-interest bonds are scheduled for redemption on September 30. *Metaplanet Issues 2 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/ZrC5plI1Nc — Metaplanet Inc. (@Metaplanet_JP) March 31, 2025 Metaplanet’s decision to buy more BTC comes as the crypto market leader saw its price drop over 1% in the last 24 hours to trade at just above $82K. This correction pushe...

Since its exuberant highs on January 20, Solana has nearly halved from a $130 billion market cap to $70 billion today. Even the US president selecting it over Ethereum for his eponymous memecoin, TRUMP, wasn’t enough to save the blockchain from a worldwide bear market that has even cut bitcoin (BTC) by 20%. Of course, Solana is faring far worse than BTC. Since Trump entered the White House, trading volume of Solana’s native token has dropped from $24 billion to $3 billion today . Transaction fees, protocol revenue, and active users have also dropped steeply since January 20. Protos has created a chart of fundamental metrics of Solana’s blockchain since Trump became president. Since Trump’s inauguration, trading volume of Solana’s native token has dropped from $24B to $3B. Trump was supposed to be great for Solana Fees paid for SOL transactions have cratered 93% from $90 million during the week of Trump’s inauguration to less than $6 million this week...

Arthur Hayes says Bitcoin likely bottomed at $77K, XRP jumped after the SEC dropped its appeal against Ripple, and Donald Trump urged the Fed to cut interest rates. In a March 20 X post , BitMEX co-founder Hayes predicted that quantitative tightening will be “basically over” by April 1. “The next thing we need to get bulled up for realz is either SLR exemption and or a restart of QE,” he added. XRP Rallies After Ripple SEC Case Ends The BitMEX co-founder’s remarks come as XRP rallied over the past 24 hours. This was after the long-standing case between the Securities and Exchange Commission  and Ripple Labs, the company behind XRP, ended.  Ripple CEO Brad Garlinghouse shared the development in an X post yesterday. He said that the regulator dropped its appeal against a ruling that said XRP is not a security when sold on the retail market.  This is it – the moment we’ve been waiting for. The SEC will drop its appeal – ...

Bitcoin plunged 4% as an executive order signed by US President Donald Trump to set up a Strategic Bitcoin Reserve and a Digital Asset Stockpile underwhelmed investors ahead of the first White House crypto summit later today. The Strategic Bitcoin Reserve will consist of about 200,000 Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings, said Trump ’s crypto and AI czar David Sacks in a March 7 post  on X. The Digital Asset Stockpile will consist of cryptos other than Bitcoin that were forfeited in criminal or civil proceedings, and the government will not acquire additional assets for it beyond those obtained through forfeiture proceedings, Sacks added. “This is the most underwhelming and disappointing outcome we could have expected for this week,” said Charles Edwards, founder of digital asset hedge fund Capriole Investments, in a post on X. ”No active buying means this is just a fancy titl...

On Sunday and Monday, the cryptocurrency market experienced a veritable upsurge as Bitcoin (BTC) rallied above $90,000, and the total digital assets market capitalization soared back above $3.1 trillion. The upswing – triggered by President Donald Trump’s latest strategic crypto reserve announcement – proved ephemeral and was cut short by none other than Trump himself. BTC one-week price chart. Source: Finbold Specifically, the commander-in-chief announced that the 25% tariffs on Mexico and Canada would go into effect while adding another 10% to the dues already imposed on China.  Picks for you Bitcoin bull market will be over if this happens, according to expert 43 mins ago Here’s how much an early 2025 investment in Robert...

Ethereum (ETH) may be the current crypto of choice for America’s most powerful family. US President Donald Trump’s son, Eric Trump, took to X and said, “ In my opinion, it’s a great time to add $ETH. ” In my opinion, it’s a great time to add $ETH. — Eric Trump (@EricTrump) February 3, 2025 Also Read: US Stocks: Which Was Hit the Hardest by Trump’s Tariffs? Shortly after Eric Trump’s X post, cryptocurrency Analysis firm LookOnChain reported that Trump’s World Liberty Financial bought 1826 ETH, worth $5 million, today. Trump's World Liberty(@worldlibertyfi) bought another 1,826 $ETH($5M) today. World Liberty has bought a total of 61,114 $ETH($205M) at an average price of $3,354, with a loss of $31M! Today, World Liberty also transferred 86,296 $ETH($235M), 647 $WBTC($65.5M), 256,315… pic.twitter.com/Oerqt5TaoX — Lookonchain (@lookonchain) February 4, 2025 Is Ethereum Rallying Because Of Trump’s ETH Purchases? Source: AscendEx ETH is up 7.3% in th...

In mid-January, Bitcoin’s (BTC) expected 2025 rally appeared in danger as fears emerged amidst a downturn that the world’s premier cryptocurrency might not regain a footing until it collapsed to approximately $80,000. BTC, however, received a second wind swiftly after a brief dip below $90,000 and entered a strong upswing that took it above $108,000 on January 20 and to its only slightly lower press time price of $107,323. BTC YTD price chart. Source: Finbold Considering that Bitcoin entered the year trading at about $93,500, even a recent January 1 investment would have returned a generous profit by Monday, January 20. Picks for you Bybit announces the launch of Copy Trading Gold&FX, a new copy trading feature 18 mins ago Sola...

The phenomenon of de-dollarization is truly a force to reckon with. Over the decades, many countries have been noted for vying for a multipolar narrative, promoting the usage of local currency to rival the US dollar. They have been doing so to end the dollar hegemony on a global plane, tired of its weaponization and volatile onslaughts. With Trump floating plans of imposing tariffs on imports, the world is now standing at a precipice, deciding whether to ditch this phenomenon or continue to bank on the de-dollarization wave. Also Read: Will Bitcoin (BTC) Hit $110K Before Donald Trump Takes Office? Can Trump Stop De-Dollarization? Source: NBC News President-elect Donald Trump has vowed to end de-dollarization. Trump has issued official orders, imposing 100% tariffs on nations that are ditching the greenback actively. This ordeal is poised to backfire as countries may now actively look for US dollar alternatives to evade the hefty tariff restrictions. Other than that, the stark US dollar...

Malaysia, an active ASEAN member, was recently noted for making a huge announcement on Trump’s recent tariff order. Trump earlier shared his stance on the BRICS payment system, adding that he will impose a 100% tariff on the bloc to curb their de-dollarization narratives. In the midst of this, Malaysia, which is vying for an active BRICS membership, made its stance known to the world, giving the speculative spree a good run, adding how the nation is keeping tabs on all the global developments. Also Read: Ripple XRP Outperforms Bitcoin, Solana: New ATH Soon? Malaysia’s New Stance: What’s Happening? Source: Watcher Guru In a new statement, Malaysia made clear how the Trump tariff order and the president-elect’s plans to impose a 100% tariff on BRICS may disrupt the semiconductor supply chain. It is to be noted that Malaysia is a major supplier of the semiconductor segment, accounting for 13% of the global chip and packaging domain. The Malaysian trade minister, Tengku Za...

Bitcoin just hit another new all-time high of $97,836 minutes ago and is shy away from reaching the $100,000 mark. The historic milestone could be achieved this year as the leading cryptocurrency is attracting heavy bullish sentiments. The buying pressure has increased drastically with both retail and institutional funds taking entry positions. Also Read: Trump’s Promise: First White House Crypto Role to Make America #1 in Blockchain https://twitter.com/WatcherGuru/status/1859460854313336853 The rally also stems from Trump’s cabinet picks , in which the president-elect is appointing crypto-friendly lawmakers to top financial positions. In addition, Elon Musk’s closeness with Trump is also driving the cryptocurrency market up. The rally is pushing Bitcoin and even Dogecoin massively up in the charts this month. Also Read: Top 3 Cryptocurrencies On The Verge Of New All-Time Highs Bitcoin to $135,000 By the End of 2024: Analyst Source: Freepik.com Leading cryptocurrency analys...

In this podcast episode, Wu Blockchain founder Colin Wu engages in a dialogue with Yan Meng, co-founder of Solv Protocol, to discuss the potential impact of Trump’s election win on the crypto industry. They explore how Trump might partially fulfill his campaign promises by easing crypto regulations, potentially creating new development opportunities for the industry through the Fit21 Act and a token “safe harbor.” The discussion delves into factors contributing to Trump’s changing stance on crypto, including fundraising needs and ideological influences from right-wing economic thought. Predictions for the industry’s future under a new administration, possible short-term market gains, and whether it could lead to a sustained bull run remain uncertain. They also discuss the effects of prediction markets on the industry, possible supply-side reforms under Trump, and strategies for the crypto sector to find growth opportunities within the regulatory environment in the coming years. The aud...