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news-imageMarch 6, 2025

Bitcoin Adoption Growing Despite Volatility, But This Key Group Is Cashing Out

On-chain data shows the Bitcoin network is continuing to see adoption amid the volatility, except for one investor group that's seeing a decline.
Publisher: Bitcoinist
Sentiment: Neutral
BTC

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cover-imageZycrypto
March 7, 2025

President Trump Signs Executive Order To Establish Bitcoin Reserve And Crypto Stockpile, Market Reacts

Less than a week after announcing his administration's push for a “crypto strategic reserve,” United States President Donald Trump has signed an executive order that creates a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile” for other types of assets, both of which will initially use crypto seized in government crypto cases.

Negative
cover-imageInvezz
March 7, 2025

Crypto market slides despite Trump's Bitcoin reserve announcement

The cryptocurrency market faced turbulence on Friday, with Bitcoin (BTC) plunging to an intraday low of $84,717 despite the announcement of a Bitcoin strategic reserve by the US government. The downturn also affected major altcoins, including Ethereum (ETH), Solana (SOL), and XRP, as the overall crypto market shed nearly 4% of its value.

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cover-imageCoinPedia
March 7, 2025

Experts React: How Trump's Bitcoin Reserve Could Prevent a U.S. Ban

President Trump recently signed an executive order on the creation of a strategic Bitcoin reserve and a digital assets stockpile. The executive order announcement came just ahead of the White House's highly anticipated industry summit, where crypto leaders will meet with members of Trump's administration to discuss policy.

Neutral
cover-imageBenzinga
March 7, 2025

Trump-Announced Strategic Bitcoin Reserve To Allow Buying Additional BTC? Peter Schiff Doesn't Think So But Here's What The Order Says

President Donald Trump's executive order establishing a Strategic Bitcoin (CRYPTO: BTC) Reserve did not have the expected bullish impact on Thursday, as the leading cryptocurrency dropped on the announcement. What happened: The reserve will be capitalized with Bitcoin already owned by the federal government, obtained through forfeiture proceedings, valued at approximately $17 billion.

Neutral
cover-imageBitcoin
March 7, 2025

US Loosens Grip on Seized Bitcoin Mining Rigs, but Many Remain Confiscated

U.S. authorities have begun releasing seized bitcoin mining equipment after months of scrutiny over Chinese-made chips. Thousands of units are freed, but many remain held. US Starts Releasing Seized Bitcoin Mining Equipment U.S. authorities have started releasing some of the cryptocurrency mining equipment that had been seized in recent months, Reuters reported on March 5.

Positive
cover-imageBitcoin Magazine
March 7, 2025

The United States Officially Establishes A Strategic Bitcoin Reserve

Bitcoin Magazine The United States Officially Establishes A Strategic Bitcoin Reserve President Trump has signed an executive order to create a national bitcoin stockpile composed of coins seized through criminal and civil proceedings. This post The United States Officially Establishes A Strategic Bitcoin Reserve first appeared on Bitcoin Magazine and is written by Shinobi.

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cover-imageThe Currency Analytics
March 7, 2025

Méliuz Allocates 10% of Reserves to Bitcoin

Brazilian fintech company Méliuz made headlines by becoming the first publicly traded company in Brazil to integrate Bitcoin into its treasury management strategy. This strategic shift marks a pivotal moment for the company, as it becomes one of the first major firms in Brazil to embrace digital currency in a significant way.

Negative
cover-imageCryptopolitan
March 7, 2025

BTC and MSTR crash after Trump's disappointing Bitcoin strategic reserve order

Bitcoin and crypto stocks took a hard hit after president Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve on Thursday night, using America's confiscated Bitcoin from criminal and civil cases. The announcement, made by White House crypto Czar David Sacks, immediately sent Bitcoin tumbling by 5%, crashing to $85,000 within minutes.

Positive
cover-imageTokenpost
March 7, 2025

CZ Hails BlackRock's Bitcoin ETF as Fastest-Growing in History

Changpeng Zhao (CZ), the co-founder and former CEO of Binance, recently praised BlackRocks spot Bitcoin ETF, IBIT, calling it the fastest-growing ETF in history. Taking to X, he reacted to data showing BlackRocks massive Bitcoin holdings, currently valued at over $54.25 billion, according to Arkham Intelligence.

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