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Money Printing — China’s Economic Defense Against Trump Tariffs May Drive Bitcoin Prices Higher

Coins Legend March 5, 2025 0

China is significantly increasing its money supply, marking its first major monetary easing in 14 years, a strategic move primarily driven by domestic economic pressures and looming U.S. trade tensions under President Donald Trump’s administration. China’s Monetary Policy Shifts in Face of

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HTX Rolls Out USDT Deposits for USDD Flexible Earn with Stable 12% APY

Coins Legend March 5, 2025 0

This content is provided by a sponsor. PRESS RELEASE. Recent market volatility, triggered by significant corrections in major assets such as Bitcoin and Ethereum, leads to heightened investor anxiety. Following these corrections, a pro-crypto endorsement from Donald Trump on X (formerly Twitter) injected renewed market speculation, amplifying price fluctuations and

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Binance’s wBETH Quietly Became the No. 2 Liquid Staking Contender

Coins Legend March 5, 2025 0

While the quantity of ethereum held by liquid staking platforms has remained static within a narrow band of 13.6 to 14 million since Q4 2024, Binance’s derivative for staked ether has undergone a dramatic expansion, ballooning 27.27% since mid-November. Ethereum Liquid Staking Conquest Rocket Pool, the ether liquid staking protocol, long lingered in the shadow […]

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Bitcoin Advocate Lummis Skeptical of Near-Term Approval for Trump’s Crypto Reserve Plan

Coins Legend March 5, 2025 0

Wyoming Sen. Cynthia Lummis, a leading bitcoin proponent, cast doubt on the immediate feasibility of former President Donald Trump’s proposed cryptocurrency strategic reserve, citing insufficient Congressional backing as a critical barrier. Political Resistance Slows Trump’s Bitcoin Strategic Reserve, Lummis Says Trump’s plan, unveiled March 2, 2025, via Truth Social,

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Metaplanet Buys 497 BTC for $43.9 Million, Total Holdings Reach 2,888 BTC

Coins Legend March 5, 2025 0

Metaplanet Inc. has expanded its bitcoin treasury, purchasing 497 BTC at an average price of $88,448 per coin, totaling $43.9 million (6.6 billion yen). This latest acquisition brings the company’s total bitcoin holdings to 2,888 BTC, purchased at an average price of $84,127 per BTC, reinforcing its aggressive accumulation strategy. Metaplanet also continues to track […]

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Market Optimism Helps Bitcoin Gain Momentum

Coins Legend March 5, 2025 0

News of potential interest cuts and the expected unveiling of a national crypto strategic reserve at the upcoming White House Crypto Summit, all helped buoy the dominant cryptocurrency. Bitcoin Price Rises Amid Positive Market Sentiment Bearish traders suffered liquidations on their short positions as positive economic news gave bitcoin a modest 7% rally this morning. […]

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Crypto Market Swings Wildly on Trump Policy News, Traders Cash In: Cryptoquant Report  

Coins Legend March 5, 2025 0

Digital asset valuations vaulted dramatically following former President Donald Trump’s Sunday unveiling of a proposal to create a U.S. Digital Asset Reserve, incorporating bitcoin, ethereum, XRP, solana, and cardano. Bitcoin leapt nearly 10%, ethereum 13%, and XRP 34% within hours on Sunday, according to Cryptoquant analysts. The declaration ignited enthusiasm around

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XRP Price Watch: XRP Holds Steady, But Is a Big Move Coming?

Coins Legend March 5, 2025 0

As of March 5, 2025, XRP traded at $2.48, commanding a $143 billion valuation and $8.04 billion in daily activity, fluctuating between $2.30 and $2.54—a harmonious equilibrium across temporal intervals. XRP Looking at the 1 hour XRP chart, a near-term upward bias materialized as XRP charted rising minima below the $2.54 barrier. Tenacious demand at […]

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Lutnick Hints at Diverging Crypto Reserve Policies for Bitcoin and Other Digital Assets

Coins Legend March 5, 2025 0

In remarks shared with the news publication, The Pavlovic Today, U.S. Commerce Secretary Howard Lutnick disclosed that the forthcoming White House Crypto Summit will likely serve as the stage for unveiling the strategic crypto reserve. He also noted that certain tokens within the proposed reserve could be subject to distinct regulatory considerations, stating they may […]

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Ether ETFs Break 8-Day Outflow Trend With $15 Million Inflow as Withdrawals Continue for Bitcoin ETFs

Coins Legend March 5, 2025 0

Bitcoin ETFs experienced net outflows of $143 million, with major funds like Fidelity’s FBTC and Ark 21Shares’ ARKB leading the declines. In contrast, Ether ETFs ended an eight-day outflow streak, attracting $15 million in net inflows, primarily driven by Fidelity’s FETH. Bitcoin ETFs See Another Day of Withdrawals With Positive Rebound for Ether ETFs On […]