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news-imageMarch 4, 2025

Analyst Raises Concerns Over Strategic Crypto Reserve, Calling It ‘Corruption in Disguise'

Crypto analyst Nicholas Merten aka Datadash recently shared strong concerns about the Trump administration's proposed “Strategic Crypto Reserve,” which includes cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano. Merten questioned the inclusion of these altcoins, arguing that they don't yet have enough real-world adoption or use cases to be considered vital for national security.
Publisher: CoinPedia
Sentiment: Negative
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cover-imagePYMNTS
March 4, 2025

What the White House's Crypto Strategy Means for Payments Innovation

In a move to position the United States at the forefront of the digital asset landscape, President Donald Trump's administration plans to create a U.S. cryptocurrency reserve. The strategy, revealed Sunday (March 2), goes further than previous campaign promises around a “stockpile” of crypto seized by law enforcement.

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Positive
cover-imageCoingape
March 4, 2025

White House Announces Support For CRA To Overturn IRS DeFi Broker Rule

The White House has publicly announced its support for a Congressional Review Act (CRA) resolution aimed at overturning the Internal Revenue Service's (IRS) broker rule for decentralized finance (DeFi). The rule, finalized in 2024, expands the definition of a broker to include DeFi developers, requiring them to report user transaction data to the IRS.

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Positive
cover-imageCoingape
March 4, 2025

Top 3 Crypto Tokens To Buy As Trump's Tariff War Weakens Dollar

The global financial market, including crypto, is experiencing turmoil as the U.S. President's aggressive tariff policies on Mexico and Canada have started a trade war. Analysts anticipate that Trump's tariff war will cause downward pressure on the U.S. dollar, allowing cryptocurrencies to emerge.

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Neutral
cover-imageCrypto Daily
March 4, 2025

SEC to Host Landmark Roundtable on Crypto's Security Status

The recently established crypto task force will be holding a roundtable discussion focusing on defining the security status of digital assets, amid shifting regulatory approaches and recent policy changes.

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Positive
cover-imageCrypto Briefing
March 4, 2025

Trump's administration backs resolution to undo IRS DeFi broker rule

Overturning the IRS rule could boost DeFi innovation by reducing compliance burdens, but may raise concerns about tax evasion and transparency. The post Trump's administration backs resolution to undo IRS DeFi broker rule appeared first on Crypto Briefing.

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Positive
cover-imageTrustnodes
March 4, 2025

White House to Remove Defi From “Brokers” Rules

The Office of the President has put out a statement to remove a last minute rule by the Biden administration that expanded the definition of brokers to include defi platforms.

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Negative
cover-imageCryptopolitan
March 4, 2025

Australia's government confirms no plans to establish a strategic crypto reserve

The Australian government has revealed that it is not considering a strategic crypto reserve amid President Donald Trump announcing the establishment of a crypto reserve in the U.S. The state refused to follow Trump's lead for a crypto reserve even after the President plans to stockpile five different digital assets.

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Negative
cover-imageFinbold
March 4, 2025

Crypto market wipes $80 billion in 24-hour crash

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.

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Negative
cover-imageCointelegraph
March 4, 2025

Is crypto's ‘Trump effect' short-lived?

A post-inauguration cooldown wasn't unexpected, one analyst told Cointelegraph, but if Trump's promises stall, “market sentiment will dampen further.”

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Neutral
cover-imageCryptoSlate
March 4, 2025

US lawmakers to challenge IRS rules on DeFi reporting requirements

US lawmakers are preparing a Congressional Review Act (CRA) that will challenge the Internal Revenue Service's (IRS) broker rules, which require DeFi participants to report user data to the agency. Fox Business reporter Eleanor Terrett revealed on March 4 that Republican Senator Ted Cruz is leading efforts to introduce the CRA.

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Negative
cover-imageBitDegree
March 4, 2025

Is the bull run over?

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Negative
cover-imageCointribune
March 4, 2025

Crypto Regulation: The SEC Unveils a Groundbreaking Initiative with Its Crypto Task Force

The Securities and Exchange Commission (SEC) has recently intensified its efforts to clarify the regulation of crypto assets. On March 3, 2025, the SEC announced that its Crypto Task Force would hold a series of roundtables entitled "Spring Sprint Toward Crypto Clarity" to discuss key issues related to the regulation of cryptocurrencies.

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Negative
cover-imageCryptopolitan
March 4, 2025

Peter Schiff calls Trump's strategic crypto reserve the biggest rug pull of all time

Over the weekend, President Donald Trump pulled what Peter Schiff is calling “the biggest crypto rug pull of all time.” Schiff, who is a longtime gold lover and crypto hater, took to X (formerly Twitter) on Tuesday to accuse Trump of orchestrating a pump-and-dump scheme with his announcement of a US strategic crypto reserve.

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Positive
cover-imageAltcoin Buzz
March 4, 2025

SEC Drops Investigation Into Yuga Labs

The probe, which began in late 2022, aimed to determine whether certain NFTs should be classified as securities under U.S. law. On March 3, the company shared the news in an X post, stating, “After 3+ years, the SEC has officially closed its investigation into Yuga Labs.

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Positive
cover-imageCrypto Economy
March 4, 2025

Onyx Reveals Goliath, a High-Speed Layer-1 for Financial Institutions

TL;DR Onyx launches Goliath, a Layer-1 blockchain designed for financial institutions, with a capacity of up to 24,000 transactions per second and based on a Proof-of-Stake (PoS) consensus model, making it more efficient and sustainable. Interoperability with traditional networks, allowing integration with existing banking infrastructures and improving blockchain adoption in the financial sector.

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Negative
cover-imageCryptopolitan
March 4, 2025

Bybit's CEO Ben Zhou: 20% of the hacked funds have gone dark

The Bybit funds have been swapped, but 77% are still traceable, noted the exchange's CEO Ben Zhou. The hack caused unprecedented partnership with other markets and protocols to intercept funds where possible.

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