External news feeds 116/2279

Samourai Wallet Developers Appear Together In Court At Fourth Pre-Trial Hearing

Bitcoin Magazine Samourai Wallet Developers Appear Together In Court At Fourth Pre-Trial Hearing Today, the fourth pre-trial hearing for the United States’ case against the Samourai Wallet developers took place in the Southern District of New York…

US stablecoin bill likely in ‘next 2 months’ — Trump’s crypto council head

Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, said comprehensive stablecoin legislation is expected to be finalized in the coming months, underscoring the government’s urgency to maintain the…

Ethereum price in ‘cursed’ downtrend which could continue well into 2025 — Analyst

Ethereum’s native token, Ether (ETH), has ventured into oversold territory multiple times against Bitcoin (BTC) in recent months, but the altcoin has yet to show any signs of finding a price bottom. The trading situation is actually quite…

Trump Administration Eyes Massive Bitcoin Accumulation, Says Executive Director

Bitcoin Magazine Trump Administration Eyes Massive Bitcoin Accumulation, Says Executive Director The Trump administration is doubling down on its Bitcoin strategy, with top officials emphasizing their commitment to growing the U.S. government’s BTC…

Ethereum Is Retesting A 5-Year Long Trendline – Massive Rally Incoming?

Ethereum is currently consolidating below the $2,000 mark, trading within a narrow range between $1,800 and $1,900 as market uncertainty persists. Bulls have lost control, and speculation about a potential continuation of the bear trend is growing…

Solana CME futures volumes reach $12.1M: Was the launch a dud, or is more to come?

Solana futures (SOL) on the Chicago Mercantile Exchange (CME) went live on March 17, with a trading volume of $12.1 million on day 1, which fell short compared to Bitcoin (BTC) and Ethereum’s (ETH) CME futures debut. CME Crypto futures…

‘We are worried about a recession,’ but there’s a silver lining — Cathie Wood

ARK Invest CEO Cathie Wood believes the White House is underestimating the recession risk facing the US economy stemming from US President Donald Trump’s tariff policies — an oversight that will eventually force the president and…

Tether Increases Stake in Bitdeer Bitcoin Mining Company to over 20%

Key Takeaways: The investment increases Tether’s ownership of Bitdeer’s outstanding shares to more than 20%. The investment highlights the increasing convergence of stablecoin issuers and Bitcoin miners. Bitdeer is currently pursuing integrated…

XRP Price Breakdown below $2: Analyst Reveals Next Major Support

Crypto analyst MadWhale has raised the possibility of the XRP price experiencing a breakdown below the crucial $2 support level. The analyst also revealed the next major support if XRP drops below this support level.  XRP Price Could Drop To $1.90…

MicroStrategy Announces Offering of 5 Million Series A Perpetual Strike Preferred Stock for Bitcoin Purchases

Key Takeaways: MicroStrategy aims to accumulate more Bitcoin and is raising capital through a stock offering. The company will issue Series A Strike Perpetual Preferred Stock with a fixed dividend rate. This action underscores MicroStrategy’s…

Crypto.com Sparks Chaos, Pushes Vote to Re-Mint 70 Billion CRO

Key Takeaways: Crypto.com re-minted 70 billion CRO tokens that were previously burned. The controversial vote was pushed through by a last-minute surge of votes from Crypto.com-owned validators. The move has sparked an outcry of disappointment and…