Crypto News

White House Crypto Czar David Sacks has endorsed President Donald Trump’s U.S. Crypto Strategic Reserve, highlighting its inclusion of bitcoin and other top cryptocurrencies to position the U.S. as a global leader. Trump’s US Crypto Strategic Reserve Sparks Industry Buzz David Sacks, the White House AI and crypto czar, has expressed support for President DonaldSource link

March 2 witnessed an 10.6% leap in bitcoin’s value relative to the dollar, propelled by a social media declaration from former U.S. President Donald Trump about a proposed digital asset reserve and a subsequent nod to the cryptocurrency. At publication, BTC traded at $94,443 reaching a high of $95,064. Short Traders Stunned as Trump’s DigitalSource link

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, compared to the offshore giant Binance, according to data source TradingView.The so-called Coinbase premium for XRP, SOL, and ADA surged to the highest level since Feb. 3. BTC and ETH traded at slightly higher prices on Coinbase than Binance. Since early last year, Coinbase premium has been a feature of price rallies, validating the bull runs. Read more: Bitcoin Jumps Above $91K After Trump's U.S. Crypto Reserve...

Under President Trump, the U.S. Securities and Exchange Commission is backing down from fights with crypto firms.Source link

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 the aggressors, with over $200 million in spot inflows in the past hour. Meanwhile, futures open interest has declined, reinforcing that this surge is fueled by real buying rather than leveraged speculation.Read more: Bitcoin Jumps Above $91K After Trump's U.S. Crypto Reserve News Brings Bulls BackSource link