The White House has confirmed the creation of a Strategic Bitcoin Reserve, a move outlined in an executive order signed by President Donald Trump. This initiative comes just one day before the administration’s first-ever crypto summit. The order directs the Treasury Department to establish an office managing the reserve, which
With the official receipt of its Digital Currency Exchange (DCE) registration from the Australian Transaction Reports and Analysis Centre (AUSTRAC), Transak, a global leader in solutions that convert fiat currency to cryptocurrency, has officially received its registration. As a result of this significant achievement, Transak has strengthened its commitment to
Earlier today, Hong Kong chief executive John Lee’s account was hacked to promote a fake cryptocurrency. Scammers promoted a fake cryptocurrency called “National Hong Kong Coin” impersonating John Lee. The government clarified that there is no such coin and traders must be aware of this scam. In the Asian morning
The cryptocurrency market witnessed a turbulent February 2025 marked by significant declines, major security breaches and shifting investor sentiment. Amid global economic uncertainties and escalating trade tensions, digital asset markets experienced increased volatility that leading to a widespread decline in asset values. Still, certain sectors such as stablecoins and real-world
Stablecoin is a type of cryptocurrency intended to maintain a stable value by being pegged to a reserve asset, such as a fiat currency (USD, EUR), commodities (gold, silver), or other cryptocurrencies. Unlike older cryptocurrencies such as Bitcoin and Ethereum, which have high price volatility, stablecoins offer price stability, hence
Michael Saylor, known for his unwavering Bitcoin maximalism. He has shocked the crypto community by supporting a multi token cryptocurrency reserve that includes XRP and Cardano. In a recent CNBC interview with Sara Eisen, the Strategy co-founder described this development as “bullish” for Bitcoin and the broader digital asset industry.
White House Crypto & AI Czar appointed by US President Donald Trump, David Sacks, sold all his crypto holdings before the administration began. Responding to a post citing a Financial Times report, Sacks confirmed that he doesn’t hold any crypto investments. Sacks is one of the key personalities behind crypto
The year 2024 marked a major turning point for the Non-Fungible Token (NFT) market. Amid a broad contraction, projects and platforms began undergoing strategic realignment, shifting their focus toward sustainable growth and real-world utility. According to DappRadar, NFT trading volume in 2024 dropped to approximately $13.7 billion, a 19% decline
The head of the US SEC’s new crypto task force seemed to attribute the growth of fraud in the sector over the last several years to the policy created by the agency’s previous chair, Gary Gensler. This comes less than a day after the SEC officially dropped its action against
President Donald Trump will host a cryptocurrency summit at the White House on March 7. The event will bring together industry leaders, investors, and regulators to discuss the future of digital assets in the U.S. The summit will feature remarks from Trump and will be led by David Sacks, the
