Cryptocurrencies climbed on Tuesday as bullish investor sentiment returned on President Donald Trump's first full day back in office.
Trump’s executive order establishes a crypto working group to regulate digital assets and explore a Bitcoin strategic reserve.
"God candle," Samson Mow, a bitcoin developer who leads the Jan3 bitcoin wallet company, posted to X and referring to a sudden spike in the bitcoin price that creates a "candle" on a trading chart as the bitcoin price suddenly soared, hitting $109,400 on the Coinbase bitcoin and crypto exchange.
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Donald Trump, the self-styled bitcoin and crypto president, will reportedly issue several crypto-related executive orders on his first day back in the White
Donald Trump signed his first executive order on crypto, establishing a working group and prohibiting CBDCs without mentioning Bitcoin.
President Donald Trump signed an executive order promoting digital assets and other financial technologies Thursday afternoon. The order established a working group intended to shape regulation and White House policy around cryptocurrency.
President Donald Trump has signed a long-awaited crypto order that sets a federal agenda meant to move U.S. digital assets businesses into friendly oversight.
Cryptocurrencies climbed on Tuesday as bullish investor sentiment returned on President Donald Trump’s first full day back in office.
"The reign of terror against crypto is over, and the beginning of innovation in America for crypto has just begun," Sacks said, speaking on Friday at the so-called crypto ball event, intended to drive support for Trump among the crypto community and demonstrate its value to the incoming administration.
Washington. Bitcoin's price skyrocketed to over $109,000 early Monday, just hours before President-elect Donald Trump's inauguration, as the cryptocurrency industry anticipates swift policy actions upon his return to the White House.