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.
This marks the first tokenized money market fund for retail investors in the Asia-Pacific region. With an initial scale of about $107 million, this move brings new opportunities for ETH investments.
Solana marks a quick recovery with a fresh breeze of recovery and a sentimental shift for the altcoin. The SOL price bounces off from $135 to reach the $180 supply zone. Will this recovery drive Solana beyond $200?
Recent weeks have been turbulent in the cryptocurrency market, and Solana (SOL) wasn't spared the turmoil as it collapsed 55.25% from January 19 highs at $284.85 to February 27 lows at $127.47, only to recover marginally to $161.54 by press time on March 3.
Following President Trump's announcement on the Crypto Strategic Reserve on this Truth Social account on Sunday, the entire crypto market has blown skywards. Has this announcement put $ETH, $XRP, and $SOL back on track?
While the idea of a reserve had been floated before, this marks the first time specific altcoins were highlighted, analysts told Cointelegraph.
MetaMask is developing a multichain API that will allow dApps to connect to multiple blockchains simultaneously, both EVM and non-EVM.
Trump's crypto bombshell sent markets surging, with XRP, SOL, and ADA leading the charge before Bitcoin and Ethereum were added.
Ethereum's price surged 15% after Trump confirmed its inclusion in the U.S. Crypto Strategic Reserve, accompanied by positive technical indicators and strong derivatives market sentiment.
Solana (SOL) token has witnessed a dramatic price surge that has surprised investors. The token was previously in a severe downtrend due to rising meme coin controversies and declining investor interest.
Donald Trump announces a US Crypto Reserve, triggering a market rally. Bitcoin and Ethereum rebound after recent losses, but on-chain data signals mixed trends—what's next for the crypto market?
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($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.
The Ethereum Foundation has appointed Hsiao-Wei Wang and Tomasz Stańczak as co-directors to guide the network through its next phase of development.
Solana has faced a persistent downtrend over the past month, shaking investor confidence. However, a 24% surge suggests the worst may be over.
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.
President Donald Trump has reaffirmed his commitment to cryptocurrency by announcing plans for a US government-held digital asset reserve.
Donald Trump has once again stormed the bearish crypto market with the announcement of US crypto reserves for Bitcoin (BTC) and top altcoins like Ethereum (ETH), XRP, Solana (SOL), and ADA. However, market analysts believe that implementation of the same could be easier said than done.
Solana co-founder Anatoly Yakovenko sees Bitcoin not as an investment but as a form of insurance against the collapse of a major global power.
The unwinding of FTX's holdings remains a psychological overhang on SOL's market.
47th US President Donald Trump is about to host its first-ever Crypto Summit on 7th March 2025. This event includes key industry figures, like founders, CEOs, and investors, along with government officials. As excitement builds, investors are looking for the best altcoins to buy before the summit to gain maximum profits.
Derivatives marketplace CME Group has confirmed plans to launch Solana futures on March 17, pending regulatory approval.
A trader on Hyperliquid, a decentralized perpetual swaps platform, leveraged a $5.6 million deposit to open 50x long positions on Bitcoin and Ethereum.
The hackers behind the Bybit exchange breach have resumed laundering stolen funds, moving another 62,200 Ether (ETH), worth $138 million, on March 1.
Bitcoin and Ethereum experienced a sharp rise on Sunday after Donald Trump confirmed that both would be included in a planned U.S. crypto reserve.
President Donald Trump has announced the creation of a U.S. strategic crypto reserve, which will include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA).
Bitcoin and four other larger cryptocurrencies reversed a recent slump after Donald Trump announced an executive order to create a "crypto strategic reserve". The executive order on digital assets directed will "move forward on a Crypto Strategic Reserve", the US president said on his Truth Social social media platform on Sunday.
Sometimes it isn't clear whether a catalyst will be have a positive or negative impact on an asset's price, either in the short term or the long term. For holders of Solana (SOL 13.32%), this is a particularly concerning conundrum, as in early March there will be a key event which could send prices soaring, or send them right into the ground.
Aya Miyaguchi, executive director of the Ethereum Foundation since 2018, stepped up to the role of president, promising to boost institutional relationships and expand Ethereum's use.
Gordon Johnson, an analyst at GLJ Research, criticized what he called market “corruption” Sunday following President Donald Trump‘s announcement of a strategic U.S. cryptocurrency reserve that would include several digital assets. What Happened: “Markets driven by corruption.
President Trump has directed the President's Working Group on Digital Assets to include XRP, Solana, and Cardano in the US crypto strategic reserve.
The cryptocurrency market surged after Donald Trump reaffirmed his commitment to making the US a global leader in digital assets. On March 2, Trump announced an executive order establishing a national crypto reserve, marking a major shift in the government's stance on digital currencies.
Crypto prices soared Monday after Trump announced a US strategic reserve including Bitcoin and Ether. The post Crypto Prices Spike as Trump Declares Bitcoin, Ether and Major Altcoins as Reserve Assets appeared first on Cryptonews.
A trader banked $6.8 million from leveraged longs on Bitcoin and Ether. Many of those positions were exited shortly after US President Donald Trump confirmed crypto reserve plans.
Sacks' divestment highlights potential conflicts of interest and underscores the administration's focus on crypto regulation and leadership. The post Trump's crypto czar David Sacks confirms selling all Bitcoin, Ether, and Solana before administration began appeared first on Crypto Briefing.
Ethereum price started a fresh increase from the $2,080 zone. ETH is now back above $2,400 and facing hurdles near the $2,550 level.
Recently, President Trump's announcement of a U.S. Crypto Strategic Reserve has sparked a huge surge in crypto prices, with the market cap jumping nearly 20% since last Friday! On Sunday, Trump took to social media to announce he'd signed an order for a Crypto Strategic Reserve, including XRP, SOL, and ADA.
A closely followed crypto analyst says deep-pocketed investors are loading up on the leading smart contract platform Ethereum (ETH). Citing data from crypto analytics firm Santiment, trader Ali Martinez tells his 129,100 followers on the social media platform X that Ethereum whales accumulated over $422 million worth of ETH in just one day.
Ethereum (ETH) experienced a strong rally, rising 10.64% to $2,445.00 on Sunday, marking its biggest single-day gain since November 6, 2024. The surge pushed Ethereums market cap to $271.63 billion, accounting for 9.18% of the total crypto market.
EOS saw a significant surge on Sunday, climbing 10.41% to $0.6095, marking its biggest one-day percentage gain since January 3. The rally pushed EOSs market capitalization to $916.3 million, accounting for 0.03% of the total cryptocurrency market.
XRP has recovered from recent lows and shown indications of recovery. However, a strong bullish reversal cannot yet be confirmed by this upward momentum.
The timing of the trade has raised speculation, given the trader scaled into Ethereum longs just minutes before Trump's announcement.
XRP, ADA and SOL rallied after President Trump's post about a crypto strategic reserve. Will other altcoins latch on and rally too?
March has always been a weak month. Will it be different this time?
Ethereum price surged 15%, climbing from $2,200 to $2,550 within a frenetic one-hour period on Sunday, March 2, after Trump confirmed ETH's inclusion in the official Crypto Strategic Reserve. Ethereum (ETH) Price Soars 15% as Trump Confirms ETH Inclusion in Crypto Reserve Ethereum price action came under intense scrutiny over the weekend as markets reacted
A liquidity-driven surge for SOL remains unlikely, diminishing the impact of the recently minted 250 million USDC.
United States President Donald Trump has directed his Presidential Working Group on Digital Assets, led by executive director Bo Hines, to move forward on a Crypto Strategic Reserve.
At one point early Sunday, if the price of ETH had fallen only $54 more, the trader would've been liquidated for millions of dollars.