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 ...
President Donald Trump has recently instructed the President’s Working Group on Digital Assets to include XRP, Solana, and Cardano’s ADA in the U.S. strategic crypto reserve. Notably, he did not mention Bitcoin in his announcement. Previously, Trump had promised to establish a national Bitcoin stockpile at the Bitcoin 2024 conference, indicating the government would keep ...
The evolving regulatory landscape in the cryptocurrency sector, particularly with changes tied to the U.S. presidential administration, poses new challenges and opportunities for investors. Recent reports suggest significant job cuts at the Securities and Exchange Commission (SEC), potentially impacting its ability to enforce regulations on cryptocurrencies like Bitcoin, Ethereum, and Solana. While Bitcoin may remain ...
As of March 2, 2025, Bitcoin is trading at $87,728.20, reflecting a positive 1.95% change in the last five days. However, it’s down 10.95% since the beginning of the year, indicating a struggle for recovery amidst ongoing Market fluctuations. Recent headlines highlight significant developments, including President Trump’s declaration that the U.S. cryptocurrency strategic reserve includes ...
The cryptocurrency Market is experiencing a shift as interest in meme coins begins to rise while enthusiasm for AI agent tokens is waning. Currently, only a handful of AI tokens are being created daily, indicating a significant drop since their peak last year. Despite this decline, some analysts see potential in AI projects for the ...
Virtuals Protocol, a platform for creating and monetizing AI-driven virtual agents on the blockchain, has seen a dramatic drop in daily trading revenue, plunging by 96.8%. Despite expanding from Coinbase’s Ethereum layer-2 Base to Solana, the revenue has dwindled from over $1 million in early January to below $35,000 by late February. Daily earnings on ...
MetaMask, the popular self-custodial crypto wallet, is expanding its services to support the Bitcoin and Solana networks. The integration with Bitcoin is expected by the third quarter, while Solana will be added in May as the first non-Ethereum chain. Upcoming features include the ability to pay gas fees with any token, a new home screen ...
Bitcoin’s price dropped below $90,000 amid a tough economic climate and the fallout from major companies like FTX and Terra. The cryptocurrency fell by 6% to around $88,519, nearly 20% off its all-time high. Market analysts suggest that recent struggles in the stock Market have spilled over into Bitcoin, creating conditions for profit-taking. Although optimism ...
The cryptocurrency Market took a significant hit, dropping by 8% after President Trump announced tariffs on Mexico and Canada set to start in March. Bitcoin fell below $92,000, contributing to a $1 billion loss in the crypto futures Market. Solana experienced a sharp decline of 15%, dropping below $150 due to a connection between the ...
