Bitcoin has fallen below 0.1 million dollars! Traders are taking profits after digesting the bullish effects of Trump's executive order.
Bitcoin has dropped, and traders are taking profits. Donald Trump signed an executive order days ago, recognizing the digital assets industry as a key driver of innovation in the USA.
The cryptocurrency world is excited! A hundred volunteers have been recruited to write code, as Musk plans to use blockchain for DOGE.
Musk has begun discussing the use of blockchain technology in the newly established Department of Government Efficiency (DOGE). He has explored ideas with close allies about using digital ledger technology to improve government efficiency and reduce costs, including discussions on using blockchain to track federal spending, protect data, facilitate payments, and even manage buildings.
The new SEC's "first move": opens the door for American Financial institutions to Hold Cryptos.
On Thursday evening, the SEC withdrew a guideline known as SAB 121, which had increased the cost of holding digital Assets. Analysts believe that this move effectively opens the door for American Financial Institutions to hold Cryptos, allowing traditional Banks to provide crypto custody services without facing de facto penalties.
Is the era of the dollar hegemony coming to an end? Dalio: It's time to consider alternatives like Cryptos!
① Billionaire Dalio warns that the expanding USA debt could lead to a devaluation of the dollar and suggests considering alternative currencies such as Cryptos. ② He says, "This is not just something individuals are thinking about. Many countries and central banks are also considering this issue. Holding Bonds and debt as an Asset, as well as changes in purchasing Gold and Other Assets in a portfolio, is a reality."
Everyone's Talking About Trump's Meme Coin. That's Bad News for Crypto
The moment of commitment fulfillment! Trump signs a Cryptos executive order, and the regulatory framework and legislative efforts are imminent?
On Thursday, USA President Donald Trump signed an executive order, fulfilling several of his commitments to the Cryptos world.
A significant Bullish development in the crypto circle! Trump establishes a Cryptos working group to explore the creation of a national reserve.
① The President of the USA, Donald Trump, signed an executive order on Thursday to establish a Cryptos working group, led by David Sacks, with members including the Secretary of the Treasury, the Attorney General, and others. ② The working group is required to submit a report within 180 days, proposing regulatory and legislative recommendations for digital Assets, and assessing the feasibility of establishing a national digital Assets reserve.
Trump issued an executive order on Cryptos and AI, calling for the USA to achieve dominance.
Trump signed an executive order related to Cryptos and AI, which will consider the creation of a digital Assets reserve, stating that this move will "make a lot of money" for the USA.
Trump Orders Crypto Working Group to Draft New Regulations, Explore National Stockpile
Trump's major action: establishing the Presidential Digital Assets Working Group to evaluate the possibility of Bitcoin as a national reserve.
Trump signed an executive order calling for the establishment of a presidential "Digital Asset Market Working Group," led by the White House's first "AI and Cryptos Czar," with members including the US Secretary of the Treasury, Secretary of Commerce, SEC Chair, and other officials. Senator Lummis, who proposed establishing a national Bitcoin strategic reserve in July last year, has been appointed as the chair of the newly established Digital Assets Committee of the Senate Banking Committee, focusing on strategic Bitcoin reserves and related digital asset legislation. Updates ongoing.
Behind MicroStrategy's Bitcoin Bet: Investors Who Usually Play It Safe
Bitcoin Could Stay Elevated If Trump Delivers Favorable Regulation -- Market Talk
Inflation remains the biggest global risk! Blackrock's CEO makes a shocking statement: Bitcoin could soar to 0.7 million dollars.
① Blackrock CEO Larry Fink stated at the World Economic Forum in Davos that investors may have prematurely believed that high inflation has ended, which could increase the risk of rising Bond yields, evolving into a Global risk; ② Fink referred to Bitcoin as a "fear currency," which can serve as a hedge against inflation and global instability, predicting that Bitcoin could soar to $0.7 million.
Is Buffett also unable to resist the temptation of cryptocurrency? Berkshire quietly invests in a Brazilian digital bank.
① The stock god Buffett's Berkshire Hathaway has invested in the Brazilian digital bank Nu Holdings, which is linked to Cryptos, and has made a substantial profit; ② Buffett has always held a conservative attitude towards the Cryptos field and has stated that Berkshire would not engage in Cryptos Trade; ③ Although the investment in Nu has been successful, Berkshire remained cautious throughout the process, but being 'careful' is the key secret to the stock god's success.
The crypto market is celebrating a frenzy, with a detailed explanation of Hong Kong stocks related to the Bitcoin Concept symbol.
As a supporter of Cryptos, Trump officially took office, and Bitcoin once again experienced a frenzy, briefly touching a peak of nearly $0.11 million, while Trump Coin (TRUMP) skyrocketed 500 times three days after its launch. After tasting success, the market quickly turned, halving in two days, leading to massive liquidation of heavily leveraged investors, resulting in significant losses.
The "crypto community" is celebrating: the USA SEC has established a Cryptos working group, with the "Crypto Mom" taking the lead.
On Tuesday, the SEC in the USA announced the establishment of a Cryptos working group, focusing on developing market regulation methods; the SEC's statement shows that its approach to regulating Cryptos has fundamentally changed, aiming to create a regulatory environment that protects investors and fosters innovation; the SEC chairman nominee by Trump, Atkins, also holds a relaxed regulatory attitude.
The "Bitcoin whales" MicroStrategy's shareholding increase has been approved, and it will continue to surge on the "road to purchasing Bitcoin."
MicroStrategy (MSTR.US) shareholders approved the company to increase the number of its authorized Class A common shares by 30 times to help fund the company's purchase of Bitcoin.
The founder of Greenlight Capital: Speculative behaviors in the Cryptos market during the bull market have exceeded common sense.
David Einhorn, the founder of Greenlight Capital, stated in a letter to investors that the current speculative behavior in the bull market has exceeded common sense.
Crypto Thought Trump Would Bring It Legitimacy. Then He Launched a Meme Coin. -- WSJ
Jetblue Becomes First Airline To Accept Venmo For Flight Booking