Crypto News

Digital asset valuations vaulted dramatically following former President Donald Trump’s Sunday unveiling of a proposal to create a U.S. Digital Asset Reserve, incorporating bitcoin, ethereum, XRP, solana, and cardano. Bitcoin leapt nearly 10%, ethereum 13%, and XRP 34% within hours on Sunday, according to Cryptoquant analysts. The declaration ignited enthusiasm around institutional embrace, spurring frenziedSource link

U.S. President Trump's announcement last weekend about the formation of a strategic crypto reserve in the U.S. is bullish despite the market's subsequent reaction, asset manager Bitwise said in a research report Tuesday.Crypto markets soared following the news, but by Monday had given back all these gains. Bitwise noted that investors became disgruntled with the announcement because the planned reserve will hold tokens other than just bitcoin (BTC).The President announced that XRP, solana (SOL) and cardano (ADA) would be included in a strategic reserve, and later added bitcoin and ether (ETH) to the list of assets."The inclusion of speculative assets like cardano feels more calculating that strategic," wrote Matt Hougan, chief investment officer at Bitwise, adding that despite the "flawed...

Experts debunked rumors that an NFT ETF is on the way, explaining that traditional investors think the asset class is “nonsense.”Source link

In remarks shared with the news publication, The Pavlovic Today, U.S. Commerce Secretary Howard Lutnick disclosed that the forthcoming White House Crypto Summit will likely serve as the stage for unveiling the strategic crypto reserve. He also noted that certain tokens within the proposed reserve could be subject to distinct regulatory considerations, stating they maySource link

Just as anabolic steroids are to bodybuilders, fiscal and monetary stimuli have been the lifeline for markets and the economy. Over the decades, nation-states have relied heavily on these fiscal injections to buff up markets and respective economies.Now, to the delight of BTC and risk asset bulls, China, the world's second-largest economy, and European Union's heavyweight Germany have announced fresh fiscal bazookas. That might help calm crypto and traditional market nerves about the negative impact of the Trump administration's plan to reduce spending and the President’s tariffs policies.The National People's Congress opened in Beijing today, targeting 5% GDP growth for 2025 while raising the fiscal deficit target to 4% of GDP, a full 100 basis points higher than the previous...