US will use stablecoins to ensure dollar hegemony — Scott Bessent

United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and … Read more

Budget-neutral strategies for US to acquire BTC

US President Donald Trump’s executive order establishing a strategic Bitcoin (BTC) reserve called for a budget-neutral strategy to acquire more coins, which includes adding more BTC through asset forfeitures and possibly converting other reserve assets to the cryptocurrency. The US government maintains strategic reserves covering a range of assets and commodities, including gold, petroleum, natural … Read more

Bitcoin price all-time highs historically linked to US Dollar Index declines — Analyst

Bitcoin has struggled to trade above $90,000 since falling below $95,000 on Feb. 24. The crypto asset has been subjected to severe price fluctuations over the past week, with Bitcoin’s (BTC) realized volatility, reaching its highest level since Q3 2024, according to Glassnode. BTC annualized realized volatility. Source: Glassnode While the market braced for further … Read more

Bitcoin leaps toward $90K as US jobs data offers pre-crypto summit boost

Bitcoin (BTC) stayed close to $90,000 at the March 7 Wall Street open as positive US commentary accompanied the White House Crypto Summit. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin seeks $90,000 reclaim amid risk-asset “fear” Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility staying measured at the start of a hectic day … Read more

Why is Solana (SOL) price down today?

Solana (SOL) has dropped by 7.50% in the last 24 hours to reach around $142 on March 7, mirroring losses across the cryptocurrency market. SOL/USD four-hour price chart. Source: TradingView Top reasons driving the SOL prices lower today include: Digital Asset Stockpile fails to impress SOL bulls Solana’s price tumbled today as crypto markets reacted … Read more

DeFi is no longer decentralized — compliance is undermining decentralization

Opinion by: Artem Tolkachev, Web3 investor When decentralized finance (DeFi) first emerged, the core idea was simple: financial freedom, transparency and the absence of centralized control. Smart contracts were meant to replace banks, liquidity was to be distributed globally, and users were supposed to have complete control over their funds.  It sounded like a dream. … Read more