David Sacks, known as Trump’s “AI and Crypto Czar,” is facing criticism as tensions emerge within the Trump-tech alliance over the president’s crypto policies. Trump, relying heavily on crypto investors for his campaign funds, recently proposed a U.S. strategic crypto reserve that includes not only Bitcoin but also several other digital currencies like Solana and ...
A trader on the decentralized derivatives platform Hyperliquid made headlines by using 50x leverage to open a staggering $200 million long position on bitcoin, generating a profit of approximately $6.8 million. This move came after former U.S. President Donald Trump announced a national cryptocurrency reserve, which triggered a broad Market rally. The trader’s entry point ...
Former President Trump recently announced a new strategic crypto reserve, moving away from his earlier focus on just Bitcoin. This reserve will include not only Bitcoin but also other cryptocurrencies like Ether, XRP, Solana, and Cardano. Following this announcement, Bitcoin surged to $95,000, bringing hope to investors after a recent downturn below the $90,000 mark. ...
Over the weekend, former President Trump announced the establishment of a strategic crypto reserve that will include Bitcoin, Ethereum, Solana, XRP, and Cardano. This shift from his previous focus on a “Bitcoin stockpile” has sparked investor excitement, with Bitcoin rising to $95,000 and smaller cryptocurrencies seeing double-digit gains. After recently dipping below the critical $90,000 ...
Bitcoin’s price saw a slight decline on Monday, trading around $92,000 after a nearly 10% increase the day before. This uptick came amidst a weaker investor sentiment, highlighted by a significant net outflow of $2.39 billion from U.S. spot Bitcoin ETFs last week, indicating decreased institutional demand. Recent news of President Trump’s proposal for a ...
Bitcoin is making a strong comeback this week, driven by comments from former US President Donald Trump about a strategic crypto reserve. After facing a slump, Bitcoin’s price surged, recording a $10,000 daily increase and filling a significant gap in CME futures. As traders analyze Market indicators signaling recovery, concerns arise about potential price dips. ...
