Last week XRP replaced tether (USDT) as the third largest cryptocurrency by market cap. As Trump’s inauguration approaches, anticipation of a crypto-friendly agenda—including regulatory reforms and a potential Bitcoin reserve— reached a fever pitch. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the […]
Federal Reserve Chair Jerome Powell has dismissed the idea of the Fed holding bitcoin, emphasizing legal restrictions, as U.S. crypto policies and market dynamics rapidly shift. Why the Federal Reserve Can’t—and Won’t—Hold Bitcoin Anytime Soon Federal Reserve Chair Jerome Powell reiterated the central bank’s stance on bitcoin during a press conference Wednesday, following a rate […]
Presidential candidate Donald Trump recently acknowledged the existence of the crypto-based prediction market platform Polymarket. In a video posted on Polymarket’s X account, Trump referred to the platform as “a new phenomenon gambling poll,” mistakenly calling it Poly-Poll.” “I’ve never heard of it,” Trump stated, while someone in the audience corrected him about the platform’s […]
Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity […]
Former U.S. President Donald Trump has announced the launch of his family’s cryptocurrency platform, World Liberty Financial, positioning it as an alternative to traditional banks. He encouraged users to join a live event on X next Monday. “We’re embracing the future with crypto and leaving the slow and outdated big banks behind,” Trump said. Donald […]