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news-imageMarch 3, 2025

Bitcoin Advocates Slam Trump's Crypto Picks—Is This Anti-Decentralization?

TL;DR Donald Trump announced the creation of a Strategic Crypto Reserve, which will include Bitcoin, Ethereum, XRP, Solana, and Cardano. The decision has been heavily criticized by Bitcoin maximalists, who argue that the selection of altcoins goes against the principle of decentralization.
Publisher: Crypto Economy
Sentiment: Negative
BTC

More News Articles

Negative
cover-imageBenzinga
March 3, 2025

Bitcoin, Ethereum, XRP, Dogecoin See 'Sunday Pump, Monday Dump'—A Higher Low In The Making?

Crypto markets are pulling back after a strong Sunday as digital asset investment products saw their third consecutive week of outflows, with Bitcoin taking the biggest hit—$2.6 billion in outflows. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $85,736.90 -8.8% Ethereum (CRYPTO: ETH) $2,119.28 -15.5% Solana (CRYPTO: SOL) $144.10 -17% XRP (CRYPTO: XRP) $2.40 -16.3% Dogecoin (CRYPTO: DOGE) $0.1994 -14.8% Shiba Inu (CRYPTO: SHIB) $0.00001290 -14% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 25% and daily active addresses falling by 16.8%.

Positive
cover-imageBitcoin Magazine
March 3, 2025

Standard Chartered Bank Re-focuses On $500,000 Bitcoin Target After Trump Crypto Reserve Announcement

Bitcoin Magazine Standard Chartered Bank Re-focuses On $500,000 Bitcoin Target After Trump Crypto Reserve Announcement Standard Chartered Head of Digital Asset Research says “we have moved from selling rallies to buying dips.” This post Standard Chartered Bank Re-focuses On $500,000 Bitcoin Target After Trump Crypto Reserve Announcement first appeared on Bitcoin Magazine and is written by Nik.

Negative
cover-imageThe Currency Analytics
March 3, 2025

Bollinger Bands Signal Bearish Turn for Bitcoin

Bitcoin's volatile price movements continue to capture the attention of crypto traders and investors. After experiencing a 10% surge to a high of $93,604 just yesterday, Bitcoin has retraced today, losing 5% and dropping to a low of $89,100.

Neutral
cover-imageBitcoin Magazine
March 3, 2025

Bitcoin Reserves And The Incentives Of Civil Asset Forfeiture

Bitcoin Magazine Bitcoin Reserves And The Incentives Of Civil Asset Forfeiture An examination of the incentives created by structuring a Bitcoin reserve to hold seized coins with civil asset forfeiture existing. This post Bitcoin Reserves And The Incentives Of Civil Asset Forfeiture first appeared on Bitcoin Magazine and is written by L0La L33Tz.

Negative
cover-imageCryptonews
March 3, 2025

Bitcoin Bleeds the Most as Crypto ETPs Record Largest Weekly Outflows of $2.9 Billion: CoinShares

Bitcoin suffered $2.59B in outflows as total crypto ETP withdrawals hit a record $2.9B in one week. CoinShares attributes the sell-off to macroeconomic uncertainty, a major exchange hack, and profit-taking following a prolonged inflow streak. The post Bitcoin Bleeds the Most as Crypto ETPs Record Largest Weekly Outflows of $2.9 Billion: CoinShares appeared first on Cryptonews.

Positive
cover-imageThe Currency Analytics
March 3, 2025

Kiyosaki Reveals Shocking Opinion on Bitcoin and Gold

Robert Kiyosaki, the well-known author of Rich Dad Poor Dad, has ignited a heated discussion regarding Bitcoin, gold, and silver. In a recent social media post, Kiyosaki invited his millions of followers to dive into the debate about these three key safe-haven assets, revealing his strong views on their value and the future of personal finance.

Negative
cover-imageBenzinga
March 3, 2025

Peter Schiff Says Trump Forcing US Taxpayers To Buy Bitcoin 'And Other Worthless Crypto' Is Preventing The Market From Collapse

Renowned Bitcoin (CRYPTO: BTC) skeptic Peter Schiff has weighed in on Donald Trump's announcement regarding a potential crypto strategic reserve, voicing concerns over government involvement in the market. What Happened: Schiff retweeted an X post from Feb. 26, where he stated that the “only thing that can delay a Bitcoin meltdown is Trump.

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