After a brief drop below $100,000, Bitcoin's (BTC) price closed its daily candle at $102,000 on Jan. 28. Over the past 24 hours, the crypto asset has consolidated above the six-figure range, as the market braced itself for the upcoming Federal Open Market Committee (FOMC) meeting.
Ever since President Trump promised to create a "Strategic National Bitcoin Stockpile," the usual chorus of Bitcoin skeptics have doubted that it will ever happen.
As the Trump administration explores a U.S. cryptocurrency stockpile, two Texas bills filed this session are looking to be at the forefront of establishing a strategic bitcoin reserve for the state.
Despite recent pro-crypto moves by the Trump administration, short-term enthusiasm for the digital asset remains uncertain.
Ripple leadership and Bitcoin supporters are at a standoff over what a U.S. government strategic crypto reserve should look like.
Closely-watched crypto trader Arthur Hayes has warned of a looming "financial crisis" that he expects to unleash fresh Federal Reserve stimulus
Arizona is moving ahead with a new bill that would make way for the state to establish a strategic Bitcoin reserve. On January 27, the Arizona State Senate Finance Committee passed the Strategic Bitcoin Reserve Act,
There are reasons to be cautious about how a strategic reserve of the cryptocurrency is established, but the economic arguments for including it in the federal government's portfolio are strong.
Bitcoin has delivered positive returns during the Chinese New Year in 11 of the past 12 years," a new report says.
President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile.
U.S. Sen. Cynthia Lummis has been named the nation's first chair of the Digital Asset Subcommittee. Known for her expertise in cryptocurrency, one of
The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana's SOL, which endured a double-digit pullback, one analyst said.