After four days in office, President Trump has signed an executive order banning CBDCs and laying the groundwork for a digital asset regulatory framework. The initiative seeks to position the U.S. as a leader in cryptocurrency innovation while fostering blockchain development.
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Category: Bitcoin
Goldman Sachs CEO Doubts Bitcoin’s Potential to Rival the US Dollar
Goldman Sachs CEO David Solomon believes Bitcoin is a speculative asset that cannot rival the US dollar’s dominance as the global reserve currency.
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Deribit Witnessed $1.1 Trillion in Trading Volumes in 2024, a 95% Year-over-Year Growth
Deribit, one of the leading crypto derivatives exchanges globally, reported a staggering $1.1 trillion in trading volumes in 2024, marking a 95% year-over-year increase.
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Crypto.com Unveils US Institutional Trading Platform to Enhance Crypto Retail Trading App
Crypto.com has introduced an institutional trading platform in the United States, aiming to complement its existing crypto retail trading mobile application.
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MicroStrategy Acquires 11,000 BTC Equivalent to $1.1 Billion
MicroStrategy expands its Bitcoin holdings with an $1.1 billion purchase of 11,000 BTC, as announced by Michael Saylor. The business intelligence firm’s total Bitcoin portfolio now stands at 461,000 BTC, valued at $29.3 billion, with an average cost basis of $63,610 per coin.
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Utah Proposes Legislation Allowing State Treasurer to Invest in Digital Assets
Utah has introduced landmark legislation aimed at modernizing state investments by permitting the state treasurer to allocate public funds into digital assets.
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Trump Frenzy Triggers Inflows of $2.2B into Digital Asset Products: CoinShares
CoinShares reports $2.2B weekly inflows into digital assets, the highest of 2025, fueled by Trump inauguration-driven optimism. Bitcoin leads with $1.9B, Ethereum reverses outflows with $246M, and XRP gains $31M. Total assets under management reach a record $171B, showcasing growing market interest.
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Bitcoin Price Crosses $109K to Hit ATH as Trump Prepares to Take Office
Bitcoin (BTC) has surged past $109,000 as President-elect Donald Trump prepares to begin his second term in the White House.
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Coinbase CEO Brian Armstrong Backs Global Bitcoin Strategic Reserves Initiative
Brian Armstrong, CEO of Coinbase, has publicly endorsed a proposal for global leaders to establish Bitcoin strategic reserves.
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MicroStrategy Proposes Massive Increase in Authorized Shares to 10.33 Billion
MicroStrategy has proposed amendments to its charter to increase authorized common shares to 10.33 billion and preferred stock to over 1 billion, seeking to expand its capital structure.
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