shenglilian

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From Bitcoin to XRP: Key cryptocurrency terms and what they mean 6 December 2024 Brandon Drenon, Joe Tidy & Liv McMahon BBC News

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Crypto prices rally after Trump backs five coins for 'crypto reserve' US President Donald Trump has revealed the names of five cryptocurrencies that he says he'd like to be included in a new strategic reserve to make the US "the Crypto Capital of the World". The market prices of the five coins he named - Bitcoin, Ethereum, XRP, Solana and Cardano - all swiftly jumped after the announcement. During Trump's presidential campaign, he aggressively courted the crypto community. The previous US president, Joe Biden, had overseen a crackdown on crypto due to concerns about fraud and money laundering. https://www.bbc.com/news/articles/cn0jgggd7r4o

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US Bitcoin exchange-traded funds recorded their longest run of weekly net outflows since listing in January last year as US President Donald Trump’s tariffs drove a wider retreat from riskier assets. Investors pulled over $5.5 billion in total from the group of 12 ETFs over the past five weeks, data compiled by Bloomberg show. The record outflows started shortly after Trump returned to the White House, underscoring how even crypto investors have focused more on the trade war he ignited than on his crypto-friendly policies like creating a digital-asset stockpile. https://www.bloomberg.com/news/articles/2025-03-17/us-bitcoin-etfs-shed-5-5-billion-in-longest-run-of-outflows?srnd=phx-crypto

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