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United States President Donald Trump has confirmed that he will include Bitcoin and Ethereum as part of the United States Crypto Strategic Reserve.

The announcement came after Trump confirmed that Solana, XRP, and ADA will be in the crypto strategic reserve. “And, obviously, BTC and ETH, as other valuable cryptocurrencies, will be at the heart of the Reserve. I also love Bitcoin and Ethereum!,” he said.

Crypto community reacts as tokens surge after Trump announcement

The announcement came in

The police in Vietnam have warned the public about Pi Network, issuing an advisory that classifies its use for payments as illegal. In a recent post on Facebook, the authorities noticed the rapid rise in its everyday usage for transactions, noting that it could attract sanctions and criminal prosecution.

According to the police, virtual currencies cannot be used as a means of payment as it breaches the existing laws of the country. The authorities noted that any organization accepting cryptocur

Coinbase’s chief executive, Brian Armstrong, supports the reserve taking Bitcoin because he believes it should be the sole digital currency option for such an entity. 

The former President Donald Trump proposed cryptocurrency multiple national reserve but Armstrong supports Bitcoin exclusive usage for this purpose. Armstrong identifies Bitcoin as the best choice for this purpose because he believes its history of success and limited supply factor into this decision.

Armstrong advocates for Bit

Binance founder Changpeng “CZ” Zhao has proposed a new way to issue tokens, laying the plan out on X. According to the CZ proposal, token unlocks will be tied to price performance and time intervals.

In his proposal, CZ mentioned that tokens should be unlocked in stages and only if the token doubles and stays above the price mark for more than 30 days before another unlock happens.

CZ proposes a new system of token issuance

The new mechanism is expected to stop projects from flooding the mark

El Salvador has continued its commitment to the Bitcoin community, adding more BTC to its strategic Bitcoin Reserve, to bring its total cache to 6,093. The total cache is now worth $523M, with the country adding $1M worth of BTC in the last seven days, and $3.75M worth of BTC in the past 30 days.

The country’s National Bitcoin Office released the official figures through its tracker, noting that the company is still committing to staking up its one BTC per day promise despite the market decline

Elon Musk returned to public attention with his appearance on The Joe Rogan Experience through a three-hour interview.

Many issues, including artificial intelligence, government spending practices, and problems with federal agencies, formed the foundation of the three-hour discussion. During the conversation, Musk asked his AI PM Grok for information about the remaining gold stores at Fort Knox yet received a response that bordered on the sarcastic. Grok replied sarcastically as he asked his bo

El Salvador has passed a new law to regulate artificial intelligence, aiming to boost its adoption and attract talents. The move was announced by the Bitcoin Office, noting that it aligns with President Nayib Bukele’s economic liberty policy.

The announcement focuses on open-source and proprietary systems, with the law focusing on addressing open-source development. “This new legislative framework aims to ensure that both proprietary and open-source AI systems are afforded appropriate protectio

Upbit’s parent company, Dunami, is dragging South Korea’s financial intelligence unit (FIU) to court, hoping to overturn a three-month ban on new user transactions.

The FIU issued a temporary ban on the exchange following the use of its trading platform by unreported virtual asset operators. The agency also took action against Dunamu’s CEO and its compliance officer, a move that the company is looking to overturn.

Upbit operator sues South Korea’s FIU

According to reports, the Virtual Asset I

The United States Securities and Exchange Commission (SEC) has announced that it is officially walking away from its case against Consensys, the parent company of Metamask. The company was previously charged for acting as an unlicensed broker and selling unregistered securities to its users.

The SEC, after giving final approval, will file a stipulation with the court to close the case. “We were committed to fighting this suit until the bitter end but welcome this outcome. No company wants to be

The United States Securities and Exchange Commission (SEC) has revealed that meme coins are not securities. According to the agency, the tokens lack any real-world backing, yield, or function. In the decision made by the Corporation Finance Division, the tokens are not mandated to be registered under federal securities law.

According to the agency, meme coins are like collectibles, which are bought for entertainment and social interaction. It also mentioned that their values are determined by m

FTX has become one of the costliest bankruptcy cases in the history of Chapter 11 bankruptcy proceedings. According to a Bloomberg report, fees associated with the proceedings have hit a milestone of nearly $1 billion.

According to a January 2 report, about $948 million had been processed to law firms, with court reports showing that about $952 million had been earmarked for said purposes. The figure puts the FTX proceeding among the costliest cases in the United States legal history.

FTX cred

Bybit, the second biggest crypto exchange by trading volume, has announced that it has received its second in-principle license in the United Arab Emirates (UAE) to operate as a virtual assets exchange platform. The approval is from the UAE’s regulatory authority, the Securities and Commodities Authority (SCA), marking the first time the body will grant such a license.

This is the second license that the crypto exchange will be receiving in the region after earning one from the Virtual Asset Re

On February 26, Aleksei Andriunin arrived in Boston, after which he appeared in a U.S. federal court as the CEO and founder of Gotbit. 

The court accuses Andriunin of committing wire fraud and conspiracy to wash trading operations. The prosecution revealed that Gotbit performed services for crypto issuers who wanted to artificially boost trading volume to trick their investors.

Gotbit accused of years of market manipulation

Authorities claim Gotbit facilitated wash trading from 2018 to 2024,

GameStop is eyeing an investment in the largest digital asset, Bitcoin, with the company floating a $5 billion proposal. According to reports, Strive Asset Management CEO Matt Cole sent a letter to the company’s CEO asking him to convert its $5 billion cash reserves into Bitcoin.

According to Cole, his company has the fiduciary responsibility to advocate for maximizing shareholder value, since his company is in charge of the exchange-traded funds (ETFs) that hold the GameStop stock.

“We believ

The United States Securities and Exchange Commission (SEC) has halted its investigation into one of the largest decentralized exchanges (DEX) Uniswap. According to reports, the agency will close its investigation and will not proceed to file charges against the platform.

The case, which came to media attention in April 2024, was being watched closely by the crypto community. Most people saw the case as a way to figure out what the agency wanted to do with the decentralized finance sector.

The

The Montana Bitcoin reserve bill has been voted down in the House of Representatives. The bill, known as the Inflation Protection Act, was proposed by the House Business and Labor Committee but was voted down on its second reading.

If passed, the bill would have allowed the state to invest funds from various sources in assets like gold, silver, and Bitcoin. Republican Representative Curtis Schomer introduced the bill in the House on February 7 without support from the Democrats.

Montana Bitcoi

El Salvador has resumed its Bitcoin purchase after a brief pause. According to Arkham Intelligence, the country recently purchased seven BTC, which amounts to about $661k. This is the first purchase since the last one, which came on February 18.

The country currently holds more than 6,000 BTC, which is currently worth around $558 million, with the stash being propped up by its promise to purchase one BTC per day from November 2022. The recent halt in purchases came after an agreement between th

BlackRock’s U.S. iShares products division under Rachel Aguirre utilizes three fundamental principles to structure a potential Solana ETF.

BlackRock primarily values customer requirements followed by powerful investment theses and appropriate ETF packaging design according to Aguirre. The company uses these three principles to guide its strategies regarding active management and using options and derivatives. For Solana ETFs to succeed regulatory obstacles might exist since the U.S. Securities

The United States Securities and Exchange Commission (SEC) has officially told Robinhood that it was closing the investigation into the company.

According to a statement sent by the agency and released by Chief Legal Officer Dan Gallagher, the SEC was halting the investigation and would not pursue further enforcement action against the company. Gallagher mentioned that he supported the agency’s move, noting that the investigation should not have started in the first place.

SEC drops its invest

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