Author: Anthony M. Orbison
ARK Invest CEO Cathie Wood believes the White House is underestimating the recession risk facing the US economy stemming from US President Donald Trump’s tariff policies — an oversight that will eventually force the president and Federal Reserve to enact pro-growth policies.Speaking virtually at the Digital Asset Summit in New York on March 18, Wood said US Treasury Secretary Scott Bessent isn’t worried about a recession. However, Wood said, “We are worried about a recession,” adding, “We think the velocity of money is slowing down dramatically.”Cathie Wood speaks virtually at the Digital Asset Summit. Source: CointelegraphA slowdown in the velocity of…
DMND (“Demand Pool”), the world’s first Stratum V2 Bitcoin mining pool, has officially opened applications for miners to join as launch partners, according to a press release sent to Bitcoin Magazine. Successful applicants will receive 0% fees for the first two months and a special two-year founding miner agreement. In addition to the launch announcement, DMND also confirmed the successful closing of its venture capital financing in Q4 2024, led by Trammell Venture Partners (TVP). “The Bitcoin mining industry has a key problem which I’ve pinpointed over my 10-year career: mining pool centralization,” said Alejandro de la Torre, DMND co-founder…
Institutional investors are increasingly bullish on cryptocurrency, with 83% saying they plan to up crypto allocations in 2025, according to a March 18 report by Coinbase and EY-Parthenon. Already, nearly three-quarters of firms surveyed said they hold cryptocurrencies other than Bitcoin (BTC) and Ether (ETH), and a “significant majority” said they plan to boost crypto allocations to 5% or more of their portfolios, the report said. They are motivated by the view that “cryptocurrencies represent the best opportunity to generate attractive risk-adjusted returns over the next three years,” according to the report.Coinbase, the US’ largest crypto exchange, and EY-Parthenon, a consultancy, based the…
The Trump administration is doubling down on its Bitcoin strategy, with top officials emphasizing their commitment to growing the U.S. government’s BTC holdings. Speaking at the Digital Assets Summit today in New York, Bo Hines, Executive Director on Digital Assets for President Trump, made it clear that the United States is determined to accumulate Bitcoin at an unprecedented scale. “I think it’s high time that our President started accumulating assets for the American people, which is what President Trump is doing rather than taking it away,” Hines stated. He went on to reveal that at President Trump’s first-ever digital assets…
At the start of the week, Bitcoin (BTC) price succumbed to pressure from sellers, declining from $84,500 on March 17, to $81,300 at the time of writing. This downward movement was most likely a sell-off related to the Federal Open Market Committee’s (FOMC) two-day meeting, which takes place on March 18-19.Federal Open Market Committee (FOMC) meetings tend to act as market resets. Each time the FOMC meets to deliberate on US monetary policy, crypto markets brace for impact. Historically, traders de-risk and reduce leverage ahead of the announcement, and after the meeting and press conference from Federal Reserve Chair Jerome…
Today, the fourth pre-trial hearing for the United States’ case against the Samourai Wallet developers took place in the Southern District of New York. This is the second time that the two developers, Keonne Rodriguez and William Lonergan Hill, have appeared together in public since the previous status conference, which occurred on September 17, 2024. Today’s hearing was the shortest and least substantive of the four pre-trial hearings that have occurred thus far. Pre-Trial Motion Schedule At the hearing, the prosecution and the defense established and agreed upon the pre-trial motion schedule schedule, which is as follows: May 9, 2025…
According to US President Donald Trump’s Executive Director of digital assets, the administration is discussing acquiring more Bitcoin in a budget-neutral way. Bo Hines, the Executive Director of the President’s Council of Advisers on Digital Assets, says that the administration wants “as much [Bitcoin] as we can get.”JUST IN: 🇺🇸 President Trump’s Executive Director says “we want as much [Bitcoin] as we can get.” pic.twitter.com/ECBGU8jO27— Watcher.Guru (@WatcherGuru) March 18, 2025Hines says that the current Trump team has followed through on their promise to the crypto community so far, and plans to keep doing so. “Bitcoin is not a security, it’s…
Solana futures (SOL) on the Chicago Mercantile Exchange (CME) went live on March 17, with a trading volume of $12.1 million on day 1, which fell short compared to Bitcoin (BTC) and Ethereum’s (ETH) CME futures debut. CME Crypto futures comparison by Vetle Lunde. Source: X.comVetle Lunde, Head of Research at K33Research, compared the difference between Bitcoin (BTC), Ether (ETH) and Solana (SOL) CME futures trading performances on their launch day, and it is clear that SOL’s CME futures volume and open interest came in far below its competitors. However, Lunde pointed out that if normalized volumes to the market…
The European Central Bank (ECB) is laying the groundwork for the probable launch of its wholesale and retail central bank digital currency (CBDC), the Digital Euro. Christine Lagarde, President of the ECB, shared this update at their latest press conference. “President Lagarde stressed that the digital euro is ‘more relevant than ever,’” the ECB tweeted. Lagarde emphasized that the Digital Euro, the EU’s CBDC solution, is set to launch in October 2025—provided it passes the legislative phase involving key stakeholders, including the European Commission, Parliament, and Council. Notably absent from this process is the European public, despite the significant impact…
It seems that the happy sunshine days of the cryptocurrency market are over with the cloudy bear market murmurs taking over the domain rapidly. A new prediction floated by none other than CryptoQuant CEO Ki Young Ju has gripped the market, hitting investors with a stark reality check. Is the bear market truly upon us? Here’s what the Crypto Quant CEO has to say about his latest Bitcoin bear market prediction.Also Read: Official Trump (TRUMP) Predicted To Reclaim $52: Here’s WhenBullish Days Ahead? Not ReallySource: Cointral.comInvestors have been eagerly waiting for Bitcoin to rise above the $100K mark amid the…