On March 20, investor and entrepreneur Anthony Pompliano stated on Fox News, “There’s a global race going on–Russia, Abu Dhabi, El Salvador, Bhutan–all these other countries are trying to buy Bitcoin… the same way that there was a space race there’s now a Bitcoin race.” The idea of a Bitcoin “race” is now a reality … Read more
Tether is reportedly looking to tap a Big Four auditor for its U.S. dollar pegged stablecoin’s reserves. According to Paolo Ardoino, the chief executive officer of Tether, the company is “engaging” one of the top accounting firm in the world with a view to getting its Tether (USDT) reserves audited. Reuters highlighted this development in … Read more
As the White House’s Digital Assets Summit approaches, Senator Elizabeth Warren has sent a letter to David Sacks questioning his connections to crypto firm Bitwise. With hours left before the White House’s first Digital Assets Summit on Friday, March 7, Senator Elizabeth Warren (D.-Mass.) sent a letter to David Sacks, the Donald Trump administration’s White … Read more
US President Donald Trump signed an executive order establishing the crypto reserve just before the White House crypto summit scheduled today. His move leverages roughly 200,000 bitcoins worth over $17 billion seized from criminals. The order too positions the US as a leader in state-backed crypto adoption. Led by White House and crypto czar David … Read more
The Russian Finance Ministry revealed that it is not currently planning to include cryptocurrencies in the strategic reserve due to volatility concerns. However, Deputy Finance Minister Vladimir Kolychev suggested that this stance could change once the fund’s liquid assets reach a level equivalent to 7-10% of Russia’s gross domestic product (GDP). “However, for now, the … Read more
Coinbase co-founder and CEO Brian Armstrong believes the US crypto strategic reserve recently announced by President Donald Trump should exclusively consist of Bitcoin (BTC). On the social media platform X, Armstrong says having “just Bitcoin” in the US crypto strategic reserve “would probably be the best option.” According to the Coinbase CEO, Bitcoin comes with … Read more
Why the Backlash? Several tech and crypto leaders are questioning the plan. Here’s why: Taxpayer Money: Critics argue that using taxpayer funds to support speculative digital assets is risky. Obscure Tokens: The inclusion of Solana, XRP, and Cardano raises questions. These tokens are less widely accepted and some believe they were chosen due to personal … Read more
The White House is putting cryptocurrency in the spotlight with plans for a Trump Crypto Reserve, a March 7 Crypto Summit, and the groundwork for sweeping new regulations. Now’s the perfect time to break down the biggest crypto blunders beginners make. If I’d had this kind of guide early on, it would’ve saved me a … Read more
Trump’s Announcement Trump shared the news on Truth Social on March 2, 2025. He stated that the Crypto Reserve would help the crypto industry recover from what he called “corrupt attacks” by the Biden administration. He added that his Executive Order on Digital Assets directed the Presidential Working Group to create the Crypto Strategic Reserve. … Read more
A US Bitcoin Reserve is on its way. Michael Saylor, MicroStrategy’s fierce Bitcoin advocate, wants the U.S. to own the crypto game. Meeting with lawmakers on the House Financial Services Committee, Saylor outlined an ambitious road map for Bitcoin-led dominance, tying America’s economic future to winning the digital currency race. – Price Market Cap – … Read more