Bitcoin up 6.06% at $89,359
President Donald Trump said on Sunday that his recent executive order on digital assets directed his team to create "a Crypto Strategic Reserve that includes XRP, SOL, and ADA."
President Donald Trump said on Sunday that his recent executive order on digital assets directed his team to create "a Crypto Strategic Reserve that includes XRP, SOL, and ADA."
XRP has officially flipped Tether (USDT) in market cap, becoming the third-largest cryptocurrency after Bitcoin and Ethereum.
(Bloomberg) -- Treasury Secretary Scott Bessent said he’s confident US consumer price increases will slow over the course of the year after a poll suggested Americans want President Donald Trump to focus more on bringing down inflation.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion S
In an emerging sector like cryptocurrency, changing regulatory regimes can be a threat, an opportunity, or a mix of both. In keeping with the new presidential administration in the U.S., there's yet another change investors need to be wary of or, perhaps, position themselves to take advantage of.
WEST PALM BEACH, Florida (Reuters) -U.S. President Donald Trump on social media announced the names of five digital assets he expects to include in a new U.S. strategic reserve of cryptocurrencies on Sunday, spiking the market value of each. Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of currencies including bitcoin, ether, XRP, solana and cardano. More than an hour later, Trump added: "And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve."
Donald Trump announces plans for a U.S. Crypto Reserve including XRP, SOL, and ADA—without Bitcoin.
For Bitcoin (CRYPTO: BTC) investors, 2025 hasn't started off the way it was supposed to. Instead of skyrocketing in price, Bitcoin has dipped below $90,000, and is now trading at a three-month low. Despite this surprising turn of events, Cathie Wood of Ark Invest continues to double down on her bold Bitcoin predictions.
Australia's property market emerged from a shallow downturn in February as the first rate cut in over four years lifted buyer sentiment, although the still-high borrowing costs and elevated prices are clouding the outlook. Figures from property consultant CoreLogic showed prices across the nation rose 0.3% in February from January, ending three months of declines or no growth. Tim Lawless, CoreLogic's research director, said the bounce in prices has more to do with an uptick in sentiment than any immediate improvement in borrowing capacity as rates were only lowered by a quarter-point.
Coming Up: President Trump’s Address to Congress, Tariffs, the Latest Jobs Report, Retail Earnings, and More
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