The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.
Bitcoin surged 8% on Monday, fueled by Trump's crypto reserve announcement, with analysts viewing it as a good buying opportunity.
Japanese investment firm Metaplanet has doubled down on its Bitcoin accumulation strategy by acquiring a new batch of 156 BTC. The firm unveiled this announcement via its official X post hours ago, detailing how it took advantage of the market dip between Feb. 18 and Feb. 28.
Bitcoin investors are closely watching this week's US economic data releases, which could dictate BTC's next move. With employment figures, inflation insights, and Federal Reserve commentary on the agenda, the crypto market is preparing for possible price swings.
Ethereum (ETH) creator Vitalik Buterin says that the US government's targeting of early Bitcoin (BTC) pioneer Roger Ver is an “absurd” and unreasonable persecution. Ver, an early Bitcoin investor who later decided to support the Bitcoin Cash (BCH) fork, was arrested in Spain in late April of 2024 at the direction of the U.S.
Cardano (ADA) has staged a remarkable recovery, surging 82% from its February 3 low of $0.6249 to $1.13 on March 3 before settling at $0.96 at press time.
TL;DR Massive Surge: Cardano (ADA) surged 60% over the weekend, fueled by Trump's Strategic Crypto Reserve announcement, and has now passed the $1 mark. Key Price Break: ADA's price jumped from $0.57 to $1.19, breaking important resistance levels and marking a 12-week high.
Cardano (ADA) shot up almost 50% in the past 24 hours after US President Donald Trump announced US crypto reserves.
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Cardano (ADA), the eighth largest cryptocurrency by market cap, has seen a 1,595% surge in trading volume, coupled with a 73% price increase in just 24 hours. According to CoinMarketCap data, Cardano's trading volume reached $10.34 billion, marking a 1,702% surge in the last 24 hours.
The 2025 bull run is back on the map. In the mids of bearish sentiment, the tables have turned.
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David Sacks who was appointed as the White House AI and Crypto Czar by the newly elected US president, Donald Trump, has confirmed that he had sold his personal crypto holdings before he entered this important position.
While the idea of a reserve had been floated before, this marks the first time specific altcoins were highlighted, analysts told Cointelegraph.
Some altcoins charted massive 50%+ surges after Trump's statement.
There's been a lot of buzz around the idea of a U.S. Strategic Bitcoin Reserve, especially after Donald Trump's social media post fueled speculation. The U.S. government already holds around 200,000 BTC worth nearly $19 billion, mostly from seizures. If the U.S.
Strategy and Coinbase lead the crypto-equity rally in pre-market trading, both up double digits.
The announcement led to a 60% increase for ADA and a 25% increase for XRP.
MetaMask is developing a multichain API that will allow dApps to connect to multiple blockchains simultaneously, both EVM and non-EVM.
Bitcoin (BTC) has made a notable rebound in recent days, rising 8% and trading at $93,202. The cryptocurrency is currently attempting to establish $93,625 as a key support level.
Metaplanet, an investment firm known for its Bitcoin acquisitions, made a significant move on March 3 by purchasing an additional 156 Bitcoin for approximately $13.4 million.
Schiff reluctantly accepted the idea of a U.S. Bitcoin reserve—but sees the inclusion of XRP as pointless.
Trump's crypto bombshell sent markets surging, with XRP, SOL, and ADA leading the charge before Bitcoin and Ethereum were added.
Brian Armstrong, CEO of Coinbase, feels that in building its crypto strategic reserve, the United States should concentrate on Bitcoin. Compared to gold, he says it is the best option.
Blockchain investigator ZachXBT questions the legitimacy of ADA and XRP in Trump's crypto reserve strategy, citing their lack of major stablecoin issuers, sparking debate over their role in the evolving crypto space. The post ZachXBT Questions ADA and XRP's Role in Trump's Crypto Reserve Strategy appeared first on Cryptonews.
The assets have been the best-performing top 20 cryptocurrencies in the last 24 hours.
There are doubts circulating about Trump's proposal to establish a strategic reserve that also includes altcoin.
XRP in the U.S. Strategic Reserve. Let that sink in.
This investment brings the total owned by Metaplanet to 2,391 BTC.
On Sunday President Trump announced on Truth Social that he had directed a working group to move ahead with a Crypto Strategic Reserve. On the announcement, the crypto market took off.
Donald Trump announces a US Crypto Reserve, triggering a market rally. Bitcoin and Ethereum rebound after recent losses, but on-chain data signals mixed trends—what's next for the crypto market?
The US government's decision to establish a Strategic Crypto Reserve has ignited intense discussions, with industry leaders questioning its structure and asset selection. On March 2, US President Donald Trump revealed that his executive order had directed his administration to create a national crypto reserve.
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP).
Anatoly Yakovenko, co-founder of the Solana project, has recently referred to the current state of bitcoin and its utility. On social media, Yakovenko stated that BTC had no value and could be considered insurance “in the best light.
Bitcoin's (BTC 6.56%) price reached its all-time high of more than $109,000 on Jan. 25. The approvals of its first spot price exchange-traded funds (ETFs) last January, its latest halving (which every four years cuts the rewards in half for mining new coins) last April, three interest rate cuts, and President Donald Trump's election victory last November all brought the bulls back to the top cryptocurrency.
CoinShares cited the Bybit hack, more hawkish US Fed rhetoric and the previous $29 billion buying strike as reasons for the record-breaking weekly outflows.
Japanese investment firm Metaplanet purchased 156 Bitcoin for $13.34 million, bringing its total holdings to 2,391 BTC, funded through a series of bond issuances.
Bitcoin (BTC) has reached a significant milestone, with its mining power surging past 750 exahashes per second (EH/s), an increase that underscores a remarkable growth in the network's security and stability. As the true hash rate nears 1,000 EH/s, Bitcoin's network has seen an impressive rise since mid-2020, when the hashrate stood at just 100 EH/s.
Metaplanet seeks to increase its BTC holdings to 10,000 BTC by the end of 2025.
The recent announcement by President Donald Trump regarding the creation of an American strategic reserve including several altcoins has shaken the market. While Bitcoin rose by 10%, its dominance in the crypto market briefly fell below the symbolic threshold of 50%, a first in a long time.
Bitcoin's volatility raises mixed signals; key levels to watch for potential market bottom and recovery.
White House crypto czar David Sacks confirms selling all personal cryptocurrency holdings before taking office while his firm maintains crypto startup investments, as Trump administration announces new crypto initiatives.
The recent slowdown in Bitcoin ETF selling isn't driven by Trump's crypto reserve plan but rather shifting market dynamics. Spot Bitcoin exchange-traded funds saw their largest outflows since launching in January 2024.
Are investors opting for safety over exposure to volatile assets?
Metaplanet now holds 2,391 BTC, with an average cost basis of $82,100.
Cardano's ADA token surged 70% to $1.19 after being named in President Trump's Strategic Crypto Reserve initiative, accompanied by increased network activity and whale accumulation.
President Donald Trump has reaffirmed his commitment to cryptocurrency by announcing plans for a US government-held digital asset reserve.
Bitcoin is trading above $90K after experiencing extreme selling pressure last week, which drove the price as low as $78,100 and broke through key demand levels. However, the market quickly recovered following President Trump's announcement that he plans to establish a U.S. strategic crypto reserve, including Bitcoin and select altcoins like XRP, SOL, ADA, and ETH.