Trump says he became ‘a big crypto guy’ partly for politics
US President Donald Trump once called Bitcoin “a scam,” but admitted on Monday that he got involved in crypto “a little bit for politics.”
Bitcoinist·
Bitcoin is catching a macro bid after softer U.S. jobs data strengthened the market’s view that the Federal Reserve has more room to cut rates. TL;DR This article was written by the News Desk and edited by Samuel Rae .
Read full articleUS President Donald Trump once called Bitcoin “a scam,” but admitted on Monday that he got involved in crypto “a little bit for politics.”
BTC is trading at a two-week high after it reached the $64,000 level in early trading on Tuesday morning.
The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve.
Peter Schiff warned that Strategy’s new bitcoin sale policy could result in much larger realized losses after the company sold 3,588 bitcoin for about $216 million under its BTC Monetization Program. How Strategy’s Confirmed Bitcoin Sale Turned Into a Market Signal Strategy Inc. (Nasdaq: MSTR) sold 3,588 bitcoin, raising about $216.3 million, the company announced […]
Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy’s selling.
German government-linked wallets have sent another tranche of Bitcoin toward Kraken and Coinbase, keeping traders focused on state-level selling pressure as BTC tries to stabilize. TL;DR This article was written by the News Desk and edited
South Korea’s top court has drafted a civil execution amendment establishing explicit legal procedures to freeze, seize, and liquidate virtual assets like bitcoin during civil litigation. New Rules on Asset Seizure South Korea’s Supreme Court has announced a sweeping update to its civil enforcement regulations, establishing clear legal procedures for seizing, freezing and liquidating […]
Market uncertainty due to Fed's unclear guidance may drive investors towards safe-haven assets, impacting gold and crypto volatility. The post Gold little changed as traders await Federal Reserve meeting minutes appeared first on Crypto Briefing.