Trump’s crypto czar David Sacks confirms selling all Bitcoin, Ether, and Solana before administration began
Key Takeaways David Sacks sold his entire portfolio of Bitcoin, Ether, and Solana before joining the Trump administration. The White House aims to position the US as a global crypto leader through its inaugural Crypto Summit chaired by Sacks. Share…
‘A Lot Going On’—Bitrue’s XRP Tease Raises Investor Hopes
Bitrue’s cryptic tease has ignited investor speculation, fueling optimism around XRP’s future. SEC acknowledgment of XRP ETFs, Ripple’s expansion, and institutional adoption signal strong momentum for XRP. In addition to a CNF update highlighting that investors previously bet on XRP…
South Dakota | Bitcoin Reserve Bill Killed
South Dakota lawmakers killed a bill that would have allowed the state to invest in bitcoin. The bitcoin reserve bill, HB 1202, would have allowed the state to allocate up to 10% of its public funds to bitcoin as part…
SEC Says Memecoins Are Not Subject To Oversight, But Fraudulent Schemes Will Face Action
On 27 February 2025, the US Securities and Exchange Commission (SEC) declared that memecoins—digital assets inspired by internet memes, trends, or cultural phenomena—do not qualify as securities under federal law. According to the SEC statement, memecoins are classified as “collectibles”…
Elon Musk’s DOGE Targets SEC—Could This Influence the Ripple Case?
DOGE_SEC’s initiative is fueling scrutiny of the SEC, potentially influencing its approach to crypto regulation. Growing speculation suggests the SEC may withdraw its Ripple lawsuit appeal, signaling a shift in crypto enforcement. A new movement has emerged in the crypto…
Trump Confirms U.S. Crypto Reserve Will Include XRP, Solana, Cardano, Bitcoin, and Ethereum
U.S. President Donald Trump officially named XRP, Solana (SOL), and Cardano (ADA) as part of a planned U.S. strategic crypto reserve. Bitcoin (BTC) and Ethereum (ETH) were later added after initial confusion. XRP, SOL, and ADA surged in response, with…
Bitcoin Miner Riot Platforms Achieves $109.4M Profit, Reversing 2023 Loss
Popular Bitcoin mining and digital infrastructure company Riot Platforms announced record-breaking financial results for the year 2024, as a result of a significant increase in mining revenue and strategic acquisitions. The company, listed on Nasdaq, reported $376.7 million in total…
RLUSD Expands to 120M Supply in Just 2 Months – Will XRP Benefit?
RLUSD, the stablecoin launched by digital payment company Ripple, has reached 120 million in circulation, while XRP has experienced a 3.39% loss in the last 24 hours. RLUSD’s growing adoption is enhancing XRP’s liquidity and stability by increasing demand for…
SEC Drops Consensys Lawsuit And Says Meme Coins Are Not Securities
The US SEC agency decided to terminate the enforcement action against popular Ethereum blockchain firm Consensys. Summary The SEC body dropped its lawsuit against Consensys firm. Joseph Lubin shared his happiness and said his company is ready to contribute 100%…
Bitcoin Strategic Reserve Is the Best Choice
Coinbase CEO Brian Armstrong has weighed in on President Trump’s Crypto Strategic Reserve, suggesting that Bitcoin alone would be the best option. Responding to White House AI and Crypto Czar David Sacks on X, Armstrong outlined two potential strategies for…
