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March 9, 2025
A classic technical setup and the US government’s commitment to only selling altcoins from its new Digital Asset Stockpile are posing a threat to XRP’s uptrend prospects.
The White House Crypto Summit marked a “truly historic day at the White House,” according to Crypto.com CEO Kris Marszalek.
As Nigeria grapples with economic challenges, the government is set to introduce a tax on cryptocurrency transactions. This move appears to be an effort to tap into the burgeoning digital economy and the informal sector.
Ethereum’s future scaling relies on hardware acceleration, not just software solutions, to overcome bottlenecks and remain competitive.
Institutional crypto investors tended to view the White House Crypto Summit more favorably than retail traders and BTC maximalists.
The Trump administration is currently exploring proposals for major tax, cryptocurrency and administrative reform in the United States.
President Nayib Bukele shows no sign of abandoning the BTC treasury strategy as Bitcoin continues to gain international legitimacy.
Network economist Timothy Peterson’s model suggests Bitcoin could bottom at $57,000 in the next bear market, but he said it’s unlikely as too many investors “hover over Bitcoin like vultures.”
Strategy founder Michael Saylor says the US government should aim to hold a quarter of Bitcoin’s entire supply by 2035, when 99% of all BTC will have been issued.
Bitcoin risks triggering $1.13 billion worth of cumulative leveraged long liquidations if it falls below the $82,000 price support.
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