Reaction to Trump’s crypto reserve: ‘Short-term optimism, long-term caution’

Reaction to Trump’s crypto reserve: ‘Short-term optimism, long-term caution’

Source: Coin Tegraph A pair of posts by President Donald Trump about his plans for a US crypto reserve “triggered a marketwide rebound” in cryptocurrencies on March 2, with global market capitalization increasing nearly 7% to $3.04 trillion, Cointelegraph reported. Still, on closer examination, a crypto strategic reserve — presumably along the lines of the…

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Is Bitcoin About To Enter A New Price Discovery Zone? Here’s What To Know | TheSpuzz

Is Bitcoin About To Enter A New Price Discovery Zone? Here’s What To Know | TheSpuzz

Source: Bitcoinist Bitcoin’s price has shifted toward an upside direction, allowing it to reclaim the pivotal $90,000 mark after facing heightened bearish and selling pressure over the past few days driven by macroeconomic uncertainty.  The flagship asset recently rose to the $94,000 threshold following US President Donald Trump’s latest announcement of a crypto strategic reserve…

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Bitcoin Sentiment Index Has Recovered Above 55.3% – The Start Of A Bullish Rally? | TheSpuzz

Bitcoin Sentiment Index Has Recovered Above 55.3% – The Start Of A Bullish Rally? | TheSpuzz

Source: Bitcoinist Bitcoin has faced massive volatility and sharp price swings as the market remains uncertain about the coming weeks. After briefly losing key levels at $90,000 and $85,000, BTC saw a strong reaction from bulls, surging back to $95,000 following President Trump’s announcement of a U.S. Strategic Crypto Reserve. This rally temporarily boosted sentiment,…

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Crypto Crackdown Or Clarity? CFTC And SEC Evaluate Regulations | TheSpuzz

Crypto Crackdown Or Clarity? CFTC And SEC Evaluate Regulations | TheSpuzz

Source: Bitcoinist The United States’ financial regulators are stepping up their discussions about how to regulate crypto. Discussions have been taking place between the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) staff members with the goal of improving coordination. Caroline Pham, the CFTC Commissioner, confirmed the renewed conversations, highlighting the importance…

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