David Sacks, the newly appointed White House AI and crypto czar, offloaded over $200 million in digital assets and crypto-related stocks before assuming his role. A White House memorandum dated March 5 confirmed that Sacks personally accounted for $85 million of the sales. He divested major crypto assets like Bitcoin
The cryptocurrency market has staggered into the recovery lane yet again in the last 24 hours. With leading cryptocurrencies attempting to break previous resistance levels, the community is quite hopeful. Meanwhile, Brazil announced plans to pitch crypto adoption to the members of the BRICS in the past day as a
A UK National Crime Agency (NCA) officer has been charged over the alleged theft of 50 Bitcoin (BTC) in 2017. The stolen BTC was worth around £60,000 ($77,400) at the time. Today, it is valued at approximately £3.2 million ($4.2 million). Paul Chowles, 42, from Bristol, faces 15 criminal charges.
The crypto market shows slight recovery today as the Bitcoin price increased by around 2%. From the lows of $76K yesterday, Bitcoin price surged past the $80K and is currently trading in the $83K range. The overall crypto market cap increased by 1.77% and its value is hovering at $2.71
The crypto market made a strong comeback in a recovery following lower than expected U.S. inflation readings that eased investors’ worries. Bitcoin crossed the $84,000 barrier, and XRP topped $2.25, with a 2.6% increase in global market capitalization to $2.76 trillion. Why Is the Crypto Market Pumping? The U.S. Consumer
StarkWare seems to have bigger plans for Bitcoin despite the weak crypto market. It joined the growing list of firms that have established a Bitcoin strategic reserve. On the other hand, Starknet plans to bridge two major blockchains, Bitcoin and Ethereum, on a single layer 2 network. The firm is
Japanese investment company Metaplanet Inc. has said it plans to sell 2 billion yen, or about $13.4 million worth of interest-free regular bonds as part of its approach to acquiring Bitcoin. The action makes Metaplanet one of Asia’s largest corporate Bitcoin owners in a repeat of strategies first set by
Major cryptocurrencies, along with Bitcoin and Ethereum, showed positive movement as the broader market started to recover. The crypto market capitalization stands at $2.65 trillion while showing a 2.73% increase during the previous 24 hours. The market recovery may be indicated by this recent upward trend. Bitcoin’s price spiked by
The recent market crash has sparked tremendous debate within the digital assets community. While most take a negative outlook, a few members such as asset manager Ark Invest CEO Cathie Wood have a varied perspective. Wood believes that this could be the final leg of a rolling recession, meaning upward
The global crypto market cap fell to $2.63 trillion, marking a 1.48% decline in the last 24 hours. The downturn follows persistent outflows from crypto investment products and concerns over President Donald Trump’s economic policies. The cryptocurrency market remains under pressure as investors react to Trump’s trade tariffs and budget
