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[ad_1] Bitcoin (BTC) rebounded 4% on March 7 as markets shook off disappointment over the US Strategic Bitcoin Reserve. BTC/USD 1-day chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from local lows of $84,713 on Bitstamp. These came as US President Donald Trump signed a long-awaited executive order establishing the reserve, which…
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[ad_1] New York CNN — This week, the Trump White House announced a project that the crypto industry loves, skeptics hate, and that most people, reasonably, don’t really care about: a “bitcoin strategic reserve.” The words are opaque and boring, and you’d be forgiven for tuning them out. But if you want to understand the…
[ad_1] President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial system. Trump’s executive order outlined a plan to initially use cryptocurrency forfeited in government criminal cases, Cointelegraph reported on March 7. As one of the…
[ad_1] Donald Trump told some of the leading cryptocurrency players on Friday that he is making good on his pledges to them and would continue giving the industry what it wants. “I promised to make America the bitcoin superpower of the world and the crypto capital of the planet and we’re taking historic action to…
[ad_1] The United States added 151,000 jobs in February as employers in a range of industries continued making hires, while the federal government slashed its workforce by 10,000. The fresh employment data reported Friday by the Bureau of Labor Statistics missed expectations for 170,000 new roles, but last month’s job gains exceeded the revised 125,000…
[ad_1] President Trump arrives for a joint session of Congress in the U.S. Capitol in Washington, D.C., on March 4. Win McNamee/Bloomberg via Getty Images hide caption toggle caption Win McNamee/Bloomberg via Getty Images We’ll be recapping what you need to know every Friday morning for the first 100 days of the Trump administration. Get…
[ad_1] The latest jobs report released Friday showed the construction industry increased its pace of hiring while unemployment for workers in the industry also rose. Data from the Labor Department showed that construction firms added 19,000 jobs in February, following a small gain of 4,000 in January. This marked the strongest month of growth since…
[ad_1] Dive Brief: Walgreens has entered into a definitive agreement to be acquired by private equity firm Sycamore Partners and leave the public markets, the financially struggling retail and pharmacy chain said Thursday. The private equity firm will pay $11.45 per share in cash for Walgreens, giving the company an equity value of about $10…
[ad_1] The U.S. stock market has stumbled in recent weeks as the Trump administration imposed tariffs on goods imported from Canada, China, and Mexico, potentially starting a trade war. The market has been especially volatile because the White House has wavered on its trade policy, first imposing duties and then delaying or changing the terms….
