President Donald Trump announced the inclusion of XRP (Ripple), SOL (Solana), and ADA (Cardano) in a new U.S. Crypto Strategic Reserve, triggering a surge in their market value. The announcement, made on March 2, 2025, via social media, follows an executive order signed in January aimed at solidifying the country’s position as a leader in digital assets. … [Read more...] about Trump unveils U.S. crypto reserve, sending XRP, SOL, and ADA soaring
Trump administration floats bitcoin as part of U.S. sovereign wealth fund
The United States may soon place bitcoin at the center of its financial strategy, with President Donald Trump’s administration considering its inclusion in a potential sovereign wealth fund. Brian Sacks, Trump’s crypto advisor, recently unveiled this proposal, highlighting bitcoin’s potential as a strategic reserve asset to strengthen America’s financial leadership. … [Read more...] about Trump administration floats bitcoin as part of U.S. sovereign wealth fund
Trump establishes cryptocurrency working group to shape U.S. policy
U.S. President Donald Trump has signed an executive order creating a cryptocurrency working group to advance digital asset regulations in the United States. Announced on January 23, this initiative underscores the administration's intention to position the U.S. as a global leader in the evolving digital economy. It follows Trump's promise on the campaign trail and Tuesday's SEC … [Read more...] about Trump establishes cryptocurrency working group to shape U.S. policy
Pennsylvania introduces bill for bitcoin reserve
The new bill, called the Pennsylvania Bitcoin Strategic Reserve Act, introduced in the Pennsylvania House of Representatives on Thursday, is the first of its kind and would allow the state’s treasury to allocate up to 10% of its roughly $7 billion state funds into bitcoin as a way to help combat inflation and diversify its investments beyond traditional assets like bonds and … [Read more...] about Pennsylvania introduces bill for bitcoin reserve
Detroit to accept cryptocurrency payments for taxes and fees
Detroit will become the largest city in the United States to accept cryptocurrency payments through a secure platform managed by PayPal, city officials announced. … [Read more...] about Detroit to accept cryptocurrency payments for taxes and fees
Bitcoin reserve gains bipartisan traction as U.S. lawmakers explore new digital strategy
Momentum is building in Washington for the establishment of a U.S. strategic Bitcoin reserve, as lawmakers from both parties see potential benefits in securing the nation’s foothold in the digital asset economy. The proposal has drawn support from key members of Congress, who argue that holding Bitcoin could bolster the country’s financial resilience and provide a hedge against … [Read more...] about Bitcoin reserve gains bipartisan traction as U.S. lawmakers explore new digital strategy
Winklevoss twins donate $2 million in bitcoin to Trump campaign
In a bold political move, the Winklevoss twins, prominent figures in the cryptocurrency world, recently donated $2 million in bitcoin to former President Donald Trump's 2024 presidential campaign. The donation, announced on June 20, 2024, has generated significant attention and controversy due to campaign finance regulations. … [Read more...] about Winklevoss twins donate $2 million in bitcoin to Trump campaign
SEC approves spot ethereum ETFs
The U.S. Securities and Exchange Commission (SEC) approved applications from Nasdaq, CBOE and NYSE to list ethereum exchange-traded funds (ETFs). … [Read more...] about SEC approves spot ethereum ETFs