Citi: U.S. Likelihood of Creating Strategic Crypto Reserve Increased, But Details Unclear
Analysts at Citigroup noted that the US government is increasingly likely to create a strategic cryptocurrency reserve that includes digital assets such as XRP, SOL, ADA, BTC and ETH. President Trump’s statements in this direction could increase the legitimacy of crypto assets. Currently, the US government holds $19 billion in crypto assets, largely seized by law enforcement agencies. However, open market purchases may be needed to increase crypto reserves in the future.
by Darkex Research – 1 min read
MicroStrategy: No Bitcoin Purchases in the Last Week, Total BTC Holdings 499,096
MicroStrategy announced that it has a total of 499,096 Bitcoins as of March 2. Between February 24 and March 2, the company reportedly did not sell any stocks or buy Bitcoin.
by Darkex Research – 1 min read
Tether Appoints Simon McWilliams as CFO and Launches Financial Audit Process
Tether has appointed Simon McWilliams as Chief Financial Officer (CFO) in an effort to increase transparency and improve audit processes. McWilliams has more than 20 years of experience in financial audit and regulation and will enable Tether to work more closely with regulators.
by Darkex Research – 1 min read
White House: Trump to Comment on Investment
US President Trump is expected to make an important announcement on investment today. In a post on the social media platform Truth Social, Trump said, “There will be big news tomorrow night,” indicating that new announcements will be coming.
by Darkex Research – 1 min read
CryptoQuant CEO: Crypto Market is Becoming a Tool to Pursue US National Interests
CryptoQuant CEO Ki Young Ju stated that the crypto market is increasingly becoming a tool that serves the national interests of the US. He stated that in the changing global political environment under the Trump administration, any action deemed to be in the interests of the US gains legitimacy.
by Darkex Research – 1 min read
