Investing in cryptocurrencies requires a unique approach compared to traditional stocks. While you can apply some stock investment principles, successful crypto investors often compare their coins to Bitcoin, rather than the stock Market. This is because cryptocurrencies tend to move together, influenced heavily by Bitcoin’s performance. When evaluating your crypto investments, it’s important to benchmark ...
David Sacks, designated as the AI and Crypto Czar by President Donald Trump, has revealed that he sold all his cryptocurrency investments, including Bitcoin, Ethereum, and Solana, prior to taking office. This move was made to prevent any potential conflicts of interest during his government role. Although some speculated that Sacks might still indirectly own ...
David Sacks, appointed by President Donald Trump as the White House AI and Crypto Czar, has publicly announced that he sold all his personal cryptocurrency investments, including Bitcoin, Ethereum, and Solana, before taking office. He made this decision to avoid potential conflicts of interest while serving in the administration. Some speculated that he may still ...
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 ...
CME Group is set to launch Solana (SOL) futures on March 17, 2025, subject to regulatory approval. The new offerings will include micro-sized contracts (25 SOL) and larger contracts (500 SOL). These cash-settled futures will use the CME CF Solana-Dollar Reference Rate, updated daily at 4:00 PM London time. Giovanni Vicioso from CME Group notes ...
On Sunday, traders faced significant losses, totaling nearly $600 million, after President Donald Trump announced a U.S. strategic reserve for major cryptocurrencies. The bearish bets were particularly affected due to Sundays typically having lower liquidity, which can lead to sharp price movements. Notably, Cardano’s ADA surged 60%, while XRP and Solana’s SOL saw increases of ...
David Sacks, the White House’s AI and Crypto Czar, revealed he sold all his holdings of Bitcoin, Ether, and Solana prior to joining the Trump administration. His divestment comes as the government seeks to establish the U.S. as a worldwide leader in cryptocurrency. Sacks will chair the upcoming White House Crypto Summit, which aims to ...
Anatoly Yakovenko, the creator of Solana, argues that Bitcoin serves primarily as a form of insurance against the potential collapse of a superpower rather than as an investment. In a recent discussion, he stated that while Bitcoin has no intrinsic value, spending a small portion of wealth on it could be a safeguard in uncertain ...
Anatoly Yakovenko, the creator of Solana, believes that Bitcoin serves mainly as a safeguard against the potential collapse of a superpower rather than as a lucrative investment. In discussions on social media, he argues that Bitcoin should be viewed as an expense, emphasizing its role in protecting one’s wealth during uncertain times. While acknowledging its ...
