Bitcoin Sees Relief Run to $82K; SEC Delays XRP, DOGE, LTC ETF Filings
Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.
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Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.
Also giving a boost was an easing in trade tensions between the U.S. and Canada.
The blockchain analytics firm currently lists over 950 addresses linked to high-profile crypto figures.
He advocated for a strategic bitcoin reserve, arguing it could generate substantial wealth and help reduce national debt.
The filings add to a growing list of firms seeking to launch XRP-focused ETFs in the U.S.
Expectations of bigger plans for the largest cryptocurrencies fell short on Friday as the first-ever presidential crypto summit ended with promises of stablecoin legislation and lower regulatory resistance.
The Iron Fish blockchain will continue to operate independently, and its CEO will continue serving on the Iron Fish Foundation’s board.
Since President Trump won the U.S. election in November, the S&P 500 has dropped 2%, while bitcoin has gained 20%.
Traders are disappointed the crypto reserve plans won’t add any buying pressure to the market, at least in the near term, with few catalysts to buoy the market.
White House crypto and AI czar David Sacks said on X that the stockpile will also include other coins forfeited in criminal or civil proceedings