Bitcoin’s price recovered by 101% to trade at $94,003 on March 2, climbing out of the technical bear market, according to CryptoSlate data. Altcoins have also recorded massive gains on Sunday, with XRP up over 37% to $2.94108 over the past 24 hours. Ethereum (ETH) climbed over 13% to $2,504.08 over the past 24 hours…
A violent crime in Jeju City, South Korea, has highlighted the dangers of cryptocurrency transactions conducted in unregulated settings. A Chinese man in his 30s was found dead in a luxury hotel room on February 24 after suffering multiple stab wounds. Authorities believe the murder was linked to a crypto transaction gone wrong. Four Arrested…
There’s no way to sugarcoat what transpired in the cryptocurrency market in the past week. Take bitcoin, for example. It challenged the $100,000 level on February 21 but slumped by over twenty grand in the following week to dump to a three-month low of $78,000 last Friday, February 28. Although it managed to recover some…
U.S. President Donald Trump on Sunday said that bitcoin (BTC), ether (ETH), XRP, solana (SOL) and cardano (ADA) could comprise the promised strategic crypto reserve, sparking a sharp rally in these tokens’ prices. The spot-led rally saw these tokens trade at a substantial premium on the Nasdaq-listed Coinbase exchange, a proxy for the U.S. demand,…
A weekend Truth Social post from President Donald Trump set in motion the first steps in creating a strategic U.S. bitcoin (BTC) reserve, but Polymarket traders are skeptical that it will happen within the first 100 days. As of press time, Polymarket bettors are giving a 23% chance that a strategic BTC reserve will be…
Bitcoin (BTC) has surged 7% in the past hour, crossing $92,000 after Donald Trump announced a crypto strategic reserve. The price is now up 15% from recent lows of $78,000. Data indicates this rally is driven by spot demand rather than speculation, signaling a healthy, organic move. Spot Cumulative Volume Delta (CVD) shows buyers as…
TL;DR Donald Trump’s latest interaction with the crypto industry sent the entire market flying, but a select few altcoins, such as XRP, registered the biggest gains. This impacted short traders, as the value of the total liquidations is close to $500 million on a 4-hour scale, and XRP is responsible for a big share. XRPUSD.…
Bitcoin’s (BTC) price surged past $91,000 on Sunday after U.S. President Donald Trump announced crypto strategic reserves for the world’s biggest economy. In his initial announcement, Trump announced XRP, Solana (SOL), and Cardano (ADA) as cryptocurrencies to be included in the reserve and later said BTC and ether (ETH) would also be part of it.…
PCE inflation is the core Personal Consumption Expenditures index updated by the US Bureau of Economic Analysis. Financial media outlets often refer to the Bureau of Labor Statistics’ Consumer Price Index (CPI). But, the Federal Reserve favors the PCE for the economic analysis involved in its decision-making process. Inflation in US prices across the core…
In a surprising turn of events, a tweet attributed to former U.S. President Donald J. Trump has emerged, suggesting the creation of a “U.S. Crypto Reserve” that would include several prominent assets such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). According to the tweet, Trump’s executive order on digital assets would…