Author: Oscar
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Ripple CTO Defends XRP Sales, Investors Concerned
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Ripple’s CTO, David Schwartz, has defended the company’s right to sell XRP in its own interest, stirring fresh concerns among investors. His remarks follow criticism that Ripple’s ongoing XRP sales could negatively impact holders of the token. Ripple’s Stance on XRP Sales Schwartz, responding to Riot Platforms’ Pierre Rochard, reinforced that Ripple has no obligation…
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Crypto Market Plummets as Trump’s Tariffs Trigger Global Sell-Off
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The cryptocurrency market took a severe hit, shedding $300 billion in value after Donald Trump’s new tariffs on China, Mexico, and Canada spooked investors. Bitcoin (BTC) tumbled nearly 10%, while major altcoins like Ethereum (ETH), Solana (SOL), and XRP saw double-digit losses. The sharp downturn erased gains from Monday’s rally, which was fueled by optimism…
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Bitcoin Soars as Trump Unveils Strategic Crypto Reserve
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Bitcoin has experienced a massive rally, surging nearly $14,000 in just three days after U.S. President Donald Trump announced the creation of a strategic crypto reserve. The move, which marks a shift in U.S. policy toward greater crypto adoption, has reignited investor confidence, pushing Bitcoin past $93,000 and triggering a market-wide surge. Bitcoin’s Price Explosion…
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Trump Teases Major Announcement: Crypto World on Edge
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The cryptocurrency industry is abuzz with speculation after U.S. President Donald Trump hinted at a major announcement set for Tuesday night. This comes just a day after he confirmed the creation of a U.S. Crypto Reserve, which will include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Trump’s Growing Crypto Influence Since taking…
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Trump’s U.S. Crypto Reserve Snubs Bitcoin and Ethereum
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Former U.S. President Donald Trump has announced the inclusion of XRP, Solana (SOL), and Cardano (ADA) in a proposed U.S. strategic crypto reserve. The move, revealed on his social media platform Truth Social, aims to establish the United States as a global crypto leader. Bitcoin and Ethereum Left Out In a surprising twist, Bitcoin (BTC)…
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Bitcoin Slips into Bear Market with Biggest Monthly Loss Since 2022
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Bitcoin recorded its sharpest monthly drop in nearly two years, falling by 17.5% in February and slipping into a technical bear market. This marks its 11th worst monthly performance in the past decade, as negative sentiment hit global financial markets. The cryptocurrency ended February at $84,252 (£67,010), after touching a three-month low of $78,273 on…
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Crypto ETF Exodus: Bitcoin and Ether Funds See Billions in Outflows
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The crypto ETF market faced another turbulent week from February 24 to 28, with significant capital outflows from both Bitcoin and Ether funds. Bitcoin ETFs saw a net outflow of $2.61 billion, marking the third straight week of losses, while Ether ETFs lost $335.35 million. Bitcoin ETFs See Record Withdrawals Investor sentiment took a sharp…
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Trump’s White House Crypto Summit Set for March 7
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US President Donald Trump will host the first-ever White House Crypto Summit on March 7, bringing together top industry leaders, policymakers, and investors to discuss key issues in the crypto space. The event, chaired by David Sacks, the White House’s AI and Crypto Czar, aims to address regulatory policies, stablecoin oversight, and Bitcoin reserve legislation.…
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Dormant Bitcoin Wallets Stir: $130M in Old BTC Moves in February
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In February 2025, dormant Bitcoin wallets saw renewed activity, moving 1,549.25 BTC—valued at approximately $130.45 million at a per-unit price of $84,202. Blockchain tracker btcparser.com flagged these transfers as part of a measured yet reduced reallocation compared to January, signaling cautious maneuvers amid market volatility. Legacy Wallets Show Mixed Engagement The revived BTC originated from…
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Bitcoin Faces Downward Spiral Despite Texas Reserve Talks
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Bitcoin’s price continues to slide, despite discussions surrounding a potential Texas Bitcoin reserve. After peaking at $106,490 in December, the cryptocurrency has dropped by 16% in the past month and now stands at $87,234. This decline reflects growing investor caution and broader economic instability. Why Is Bitcoin Dropping? Two major factors are driving Bitcoin’s current…