Cardano (ADA) saw a massive more than 70% surge on Sunday in wake of US President Donald Trump announcing that he has ordered the creation of a US crypto reserve that would include Cardano, alongside Solana, XRP, Bitcoin, Ethereum and other major cryptos.
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Category: Cryptocurrencies
Congressional Crypto Caucus Launched as U.S. Eyes Digital Future
The Crypto Caucus, co-chaired by Rep. Tom Emmer and Rep. Ritchie Torres, seeks to establish a bipartisan approach to U.S. digital asset regulation, addressing blockchain’s role in finance and innovation as federal policies take shape.
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Ray Dalio Believes Bitcoin Could Play a Big Role in Wealth Protection
Ray Dalio warned that the U.S. faces a potential debt crisis within three years if deficits remain unchecked. He suggested that investors may turn to Bitcoin and gold as alternative stores of value. Dalio emphasized the risk of declining confidence in U.S. Treasuries and urged policymakers to take immediate action.
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SEC Agrees in Principle to Drop Lawsuit Against Kraken
The SEC has agreed to dismiss its lawsuit against Kraken with prejudice, meaning no penalties or business changes for the exchange, marking a significant development in U.S. crypto regulation.
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Confusion Reigns as Russia CBDC Launch Is ‘Delayed Indefinitely’
The rollout of Russia’s CBDC, the digital ruble, has been delayed “indefinitely,” media reports have claimed. And some have suggested Moscow’s recent crypto pivot may be behind the Central Bank’s sudden decision.
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Uphold Relaunches Staking in the US, Reveals US Crypto Reserve Basket
Uphold users in the US can once more earn crypto staking rewards, while the exchange also revealed its novel US Crypto Reserve Basket.
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Trump Coin Sees $4 Billion Volume Flood In – Is a Parabolic Move Coming for Meme Coins?
Trump Coin has rallied by 8% today, with its move to $15 coming as its trading volume surges to $4 billion.
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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.
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Ethereum Price Crashes 13% Despite Trump Crypto Reserve Announcement – Why?
The Ethereum (ETH) price has crashed back below $2,200 to levels that are actually below those before US President Donald Trump’s strategic crypto reserve announcement, that he said would include Ethereum.
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U.S. Senate to Vote on IRS Broker Rule This Week: Report
The U.S. Senate is reviewing an IRS rule that categorizes DeFi operators as brokers, raising concerns over its impact on blockchain innovation and tax compliance. A potential reversal could redefine crypto regulations and shape the broader landscape for digital assets in the U.S.
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