Is crypto’s ‘Trump effect’ short-lived?

Is crypto’s ‘Trump effect’ short-lived?

Source: Coin Tegraph Many in the crypto community believed that US President Donald Trump’s second-term election would send Bitcoin prices skyrocketing, and it did — from $69,374 on Election Day (Nov. 5) to a record $108,786 when the new administration took office on Jan. 20.  But since that time, the price of Bitcoin (BTC) has…

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XRP, SOL, And ADA Not Fit For Strategic Reserves, Says Gemini Co-Founder | TheSpuzz

XRP, SOL, And ADA Not Fit For Strategic Reserves, Says Gemini Co-Founder | TheSpuzz

Source: Bitcoinist The cryptocurrency market was briefly invigorated over the weekend following President Donald Trump’s announcement regarding the creation of a “crypto strategic reserve,” which would include tokens such as XRP, Solana (SOL), Cardano (ADA), Ethereum (ETH), and Bitcoin (BTC).  This news initially propelled crypto prices upward with XRP and ADA among the biggest gainers,…

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FTX and Alameda wallets unstake 1M in SOL

FTX and Alameda wallets unstake $431M in SOL

Source: Coin Tegraph Wallets belonging to the defunct crypto exchange FTX and bankrupt trading firm Alameda Research unstaked over 3 million Solana tokens, its largest SOL unlock since it started selling off company tokens in November 2023. On March 4, blockchain analytics firm Lookonchain flagged FTX and Alameda’s wallets unstaking 3.03 million Solana (SOL). At…

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SSV Network proposes decentralized staking module for Lido on Ethereum

SSV Network proposes decentralized staking module for Lido on Ethereum

Source: Coin Tegraph SSV Network proposed a new permissionless staking module for Lido, aiming to improve decentralization and staking infrastructure for institutional participants. SSV Network proposed a permissionless staking module that leverages SSV’s Distributed Validator Technology (DVT) to integrate node operators (NOs) into the operator set of Lido on Ethereum. If approved, the proposal would…

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Turkish digital bank Bankpozitif to debut crypto custody with Taurus

Turkish digital bank Bankpozitif to debut crypto custody with Taurus

Source: Coin Tegraph Turkish digital bank BankPozitif is set to launch cryptocurrency custody services in collaboration with Swiss crypto platform Taurus, making it the latest financial institution in Turkey to embrace digital assets. On March 4, BankPozitif announced a strategic partnership with Taurus, enabling its institutional clients to store crypto assets with the bank. The…

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El Salvador’s Bitcoin Holdings Face IMF Regulation

El Salvador’s Bitcoin Holdings Face IMF Regulation

Source: Bitcoinist A newly disclosed set of deadlines from the International Monetary Fund (IMF) appears set to sharpen oversight of El Salvador’s Bitcoin during the coming year and beyond. According to information released by journalist Ricardo Valp of El Faro, President Nayib Bukele’s administration allegedly agreed to share comprehensive data on its BTC holdings and…

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