Market Reaction to U.S. Crypto Strategic Reserve Announcement

Published at 2025-05-15 03:19:05

Following President Trump's announcement of the U.S. Crypto Strategic Reserve, Bitcoin and other major cryptocurrencies have experienced notable declines. Bitcoin, for instance, fell 9.8%, settling at $83,725. In addition, Ethereum plunged by 15%, while various altcoins faced severe losses. This turbulence in the market can be attributed to heightened regulatory concerns and ongoing economic strain, leading to increased market volatility. For investors looking to navigate these challenging times, it's worth noting that platforms like Bitlet.app offer a Crypto Installment service, allowing users to purchase cryptocurrencies now and pay in monthly installments, making it a flexible option to manage investments amidst market fluctuations.

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Texas and New Hampshire are among a growing number of U.S. states moving to add Bitcoin (BTC) to their balance sheets as Congress advances a federal crypto market structure bill. The actions signal rising state-level appetite for digital-asset exposure and could shape wider treasury practices.

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Published at 2026-01-17 15:45:05

Samson Mow Says 10x Bitcoin Target Is 'Conservative'

Jan3 CEO Samson Mow reiterated his strong long-term bullishness on Bitcoin, arguing that a 10x price target may be conservative and reigniting debate across the crypto community. His comments have drawn attention from traders, analysts, and investors weighing upside expectations against market risks.

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Published at 2026-01-17 09:30:09

Hacker Steals $282M in Crypto Using Hardware Wallet Social‑Engineering Attack

A sophisticated social‑engineering operation stole over $282 million in BTC and LTC, with the proceeds quickly routed through Monero to obscure the trail.

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Published at 2026-01-16 20:00:19

Riot Platforms Soars 11% After Bitcoin Sale Funds Texas Acquisition

Riot Platforms jumped roughly 11% after disclosing it sold more than $160 million in Bitcoin to finance a Texas data-center acquisition. The company says the move is part of a strategic shift to redeploy capital into expanding mining infrastructure.

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Published at 2026-01-16 18:30:38

Nasdaq Warns Canaan as Shares Stay Below $1 Ahead of Delisting Deadline

Nasdaq has issued a delisting warning to Bitcoin miner Canaan after its shares remained under $1, putting the company close to a compliance deadline despite a recent hardware order and an October rally. The move raises risks for investors and could limit the firm's access to U.S. capital markets.