President Donald Trump signed an executive order on March 6 establishing a Strategic Bitcoin Reserve and a Digital Asset Stockpile and directing the federal government to retain forfeited crypto as a long-term store of value. Under the order, the Treasury Department will oversee the management of both reserves but the government will not actively acquire additional […]
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Texas has moved a step closer to holding Bitcoin (BTC) as a reserve asset, with the state senate passing a bill on March 6 that would allow public funds to be allocated to digital assets. The decision places Texas at the forefront of a growing trend among states exploring crypto investments following President Donald Trump’s […]
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Méliuz, a publicly traded Brazilian company, has announced the acquisition of Bitcoin (BTC) equivalent to 10% of its cash holdings, local media reported on AMarch 6. The company purchased 45.72 BTC for $4.1 million at an average price of $90,296 per BTC. The purchase makes Méliuz the first publicly listed Brazilian firm to hold a significant […]
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Bitwise has taken a significant step into DeFi with its first institutional allocation through Maple Finance. This initiative will allow Bitwise to access on-chain credit while maintaining compliance with institutional regulatory standards on Maple’s platform. The firm, which manages over $12 billion in client assets, announced the move in a statement shared with CryptoSlate on March […]
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Sui, a prominent Layer 1 blockchain platform, has announced a collaboration with World Liberty Financial (WLFI), a DeFi protocol partly owned by President Donald Trump. This partnership aims to foster a more open and transparent financial ecosystem. The native SUI token is up 14% on the day. As part of this collaboration, WLFI plans to […]
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Malaysia-based BioNexus Gene Lab announced on Mar. 5 that it has approved its treasury strategy, which prioritizes Ethereum (ETH) over Bitcoin (BTC). The firm said the decision was driven by Ethereum’s recent inclusion in the US Crypto Strategic Reserve and its “broader utility as a programmable financial platform.” BioNexus said its Board of Directors’ extensive […]
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Robinhood CEO Vlad Tenev believes that blockchain technology will eventually underpin stock trading, arguing that crypto’s infrastructure could make financial markets more accessible, cost-efficient, and resilient. Tenev made the statement during a fireside chat, where he outlined how integrating stocks with blockchain networks could remove many inefficiencies in traditional trading systems, allowing assets to trade […]
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Bitwise CIO Matt Hougan believes the market is misreading the impact of former President Donald Trump’s proposed strategic crypto reserve, arguing that the initiative will ultimately be bullish for digital assets despite initial volatility. Hougan projected that the final reserve will predominantly be made up of Bitcoin (BTC) and will most likely be much larger […]
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Belarus President Alexander Lukashenko has reportedly directed his administration to explore Bitcoin mining to capitalize on the country’s surplus energy, the state-owned national news agency BeITA reported on March 4. According to the report, Lukashenko stressed that the country should use its excess electricity for crypto mining, pointing to increased demand and potential profitability. The […]
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Ripple has taken a step toward advancing crypto education in the United States by spearheading the National Cryptocurrency Association (NCA) launch. The NCA is positioned as an independent, non-partisan organization with no political affiliations. Its primary goal is to provide educational resources and promote a deeper understanding of crypto. According to a March 5 statement, […]
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Russia’s Ministry of Finance and the Central Bank are reportedly working on a controlled crypto trading framework for select high-net-worth investors. On March 5, local media outlet Interfax reported that officials were exploring an experimental project allowing specific entities to engage in digital asset trading under a structured legal environment. Aleksey Yakovlev, head of the […]
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US President Donald Trump is reportedly preparing to unveil the Bitcoin Reserve Strategy at the upcoming White House Crypto Summit on March 7, according to The Pavlovic Report. According to the report, Commerce Secretary Howard Lutnick confirmed that President Trump will outline his vision for the crypto industry during the event. His address will include […]
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El Salvador will continue acquiring Bitcoin despite its agreement with the International Monetary Fund (IMF), according to President Nayib Bukele. On March 5, Bukele dismissed conjecture that the country would halt Bitcoin purchases and reaffirmed that El Salvador would continue acquiring BTC, regardless of external pressures. He stated: “[Our Bitcoin purchases] is not stopping. If […]
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SBI VC Trade has become Japan’s first company to receive official approval to handle stablecoins like USD Coin (USDC), marking a significant step in the country’s crypto market. On March 4, the firm announced its registration as an “Electronic Payment Instruments Business Operator” under Japan’s updated regulatory framework. This milestone allows the platform to facilitate […]
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The International Monetary Fund (IMF) has approved a new 40-month arrangement under the Extended Fund Facility (EFF) for El Salvador, providing access to approximately $1.4 billion to boost the country’s growth prospects and address macroeconomic imbalances. A new report published on March 3 follows El Salvador’s undertaking of significant policy reforms, including restrictions on its […]
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Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor voiced strong support for President Donald Trump’s proposed strategic crypto reserve, calling it potentially “the greatest economic program of the 21st century.” In an interview on CNBC ON March 3, Saylor dismissed concerns about Bitcoin’s (BTC) volatility and compared potential government acquisitions of the asset to historical territorial […]
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Colombian lawmakers have introduced a bill to regulate the country’s crypto sector, El Colombiano reported on March 3. According to the report, Senator Gustavo Moreno and House Representative Julian Lopez submitted the proposed legislation to Congress on March 3. This effort follows a failed attempt to pass similar regulations last year. Lopez reportedly said: “This project […]
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The US government’s decision to establish a Strategic Crypto Reserve has ignited intense discussions, with industry leaders questioning its structure and asset selection. On March 2, US President Donald Trump revealed that his executive order had directed his administration to create a national crypto reserve. According to him, the initiative aims to solidify the country’s […]
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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 […]
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The White House has announced that it will hold the first Crypto Summit on Friday, March 7, for prominent founders, CEOs, and investors from the crypto industry, along with members from the President’s Working Group on Digital Assets. At a time when market sentiment, as measured by the Crypto Fear and Greed Index, reaches its […]
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The Arizona Senate took a significant step toward modernizing state finance by advancing two crypto reserve bills that could lead to state-managed digital asset funds on Feb. 27. Lawmakers have argued that creating a dedicated crypto reserve prepares Arizona for an inevitable federal regulatory framework and positions the state to harness emerging financial technologies to […]
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Ukraine is advancing efforts to legalize crypto, with lawmakers expected to vote on a long-awaited bill in the coming months, local media reported on Feb. 28. However, uncertainty remains over how digital assets will be taxed, a key issue that could impact the country’s growing crypto sector. Ukraine is exploring a crypto tax rate between 5% […]
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BlackRock incorporated Bitcoin (BTC) into its $150 billion model-portfolio offerings through its iShares Bitcoin Trust ETF (IBIT) exchange-traded fund (ETF), Bloomberg News reported on Feb. 28. The asset manager has assigned 1% to 2% of its target allocation portfolios to IBIT. As of Dec. 17, the fund registered over $36 billion in net flows, amassing […]
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CME Group revealed the Solana (SOL) futures launch on Mar. 17, pending regulatory approval, citing increasing client demand. Nate Geraci, CEO of The ETF Store, noted that the development “definitely bodes well” for SOL exchange-traded fund (ETF) prospects. According to a Feb. 28 statement, the new Solana futures contracts will be available in two sizes: […]
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The Trump Organization is broadening its digital ambitions with a new trademark filing that points to an imminent entry into the blockchain space. The filing, submitted on Feb. 24, by DTTM Operations LLC to the US Patent and Trademark Office, reveals plans for a proprietary “TRUMP” mark that will underpin a suite of digital offerings, […]
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The Texas Senate Banking Committee unanimously approved a bill on Feb. 27 to create a state-managed Bitcoin (BTC) and crypto reserve, sending the proposal to the full Senate for consideration. Senate Bill 21 (SB-21), introduced by State Sen. Charles Schwertner, authorizes the Texas Comptroller of Public Accounts to acquire, manage, and trade Bitcoin and other […]
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A recent report by River revealed that hedge funds and registered investment advisors’ (RIA) exposure to Bitcoin (BTC) via exchange-traded products (ETF) reached $34.3 billion as of Dec. 31, showing a 357% growth last year. The report highlighted that 458 RIAs have BTC exposure, with the weighted average allocation being 0.02%. Notably, investment advisors’ exposure […]
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Oklahoma’s effort to establish a state Bitcoin reserve took a step forward on Feb. 25 after the House Government Oversight Committee approved HB 1203, moving it to the full House for further debate. The Strategic Bitcoin Reserve Act, introduced by Rep. Cody Maynard in January, passed the committee with a 12-2 vote in favor. If […]
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Traditional financial giants Bank of America and PayPal are making bold moves in the stablecoin sector, signaling the rising institutional interest in the sector, which is worth over $200 billion. On Feb. 26, reports emerged that the Bank of America would introduce a stablecoin once the US regulatory landscape became apparent. At the same time, […]
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Strive Asset Management has called on GameStop to allocate a significant portion of its $5 billion cash reserves to Bitcoin. In a Feb. 24 letter, Strive CEO Matt Cole outlined how Bitcoin adoption could reshape the gaming retailer’s financial strategy and market position. Cole emphasized that holding Bitcoin as a treasury asset could establish GameStop […]
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