Day: March 4, 2025

Cameron Winklevoss urges nations to stockpile Bitcoin before it’s too late

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Key Takeaways Cameron Winklevoss emphasizes the need for countries to build Bitcoin reserves similar to critical commodities. Moving quickly to stockpile Bitcoin is advised to avoid higher costs in the future. Share this article Gemini crypto exchange co-founder Cameron Winklevoss says a strategic Bitcoin reserve is a must, not a choice, and that nations delaying Bitcoin stockpiling will face higher costs, diminished geopolitical influence, and a major loss of financial sovereignty. “A Strategic Bitcoin Reserve is really not a choice if you look at the game theory and national security…

Coinbase files FOIA to see how much the SEC’s ‘war on crypto’ cost

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Crypto exchange Coinbase is seeking to discover how much the US Securities and Exchange Commission (SEC) spent on enforcement action against crypto firms.   Coinbase chief legal officer Paul Grewal said in a March 3 statement to X that the request under the Freedom of Information Act (FOIA) was submitted to the SEC to find out how many investigations and enforcement actions were brought against crypto firms between April 17, 2021, through Jan. 20, 2025. The crypto exchange also seeks information on how many employees worked on the enforcement actions, how…

XRP ‘distribution’ hits record level as the altcoin trades below $3

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On March 2, XRP registered a massive rally of 34.15%. The price pump came after US President Donald Trump’s announcement that XRP (XRP) would be included in a US strategic crypto reserve alongside Solana (SOL) and Cardano (ADA). XRP 1-day chart. Source: Cointelegraph/TradingView However, the altcoin retraced 50% of its rally on March 3, and one analyst highlighted that XRP whales are potentially making a move behind the scenes. XRP whales sell at record levels With XRP currently 30% below its all-time high, CryptoQuant founder Ki-Young Ju implied that large…