Traders longing ADA futures spike after Trump’s crypto reserve reveal: Bitrue
Trump plans to include ADA in a US strategic Bitcoin reserve, and futures traders are bullish.
Trump plans to include ADA in a US strategic Bitcoin reserve, and futures traders are bullish.
Favorable macroeconomic conditions and the potential of a US strategic crypto reserve launch could help Bitcoin flip $90,000 to support.
Adding altcoins to the national reserve also increases centralization risk, one analyst said.
United States Senator Dick Durbin proposed legislation aiming to reduce fraud through crypto ATMs.
Bitcoin and crypto are back liquidating late longs as the Wall Street open brings a fresh round of sell-side pressure with markets keen for Trump reserve cues.
The crypto industry has rallied behind Bybit after a hack in which North Korean hacker group Lazarus stole over $1.4 billion.
Bitcoin’s rally was triggered by President Donald Trump’s plan for a “US Crypto Reserve,” which would include BTC, ETH, SOL, XRP and other assets.
The dropped lawsuit follows dismissals of other SEC lawsuits and investigations against other cryptocurrency companies like Coinbase and Gemini.
Navigating the UAE’s crypto ecosystem means decoding a maze of acronyms — SCA, VARA, DMCC, ADGM and more.
Ethical hacker Marwan Hachem told Cointelegraph that an “out of scope” bug led to the biggest hack in crypto history.