Here are the top 10 cryptocurrency news stories for today, March 3, 2025:
President Trump Announces U.S. Cryptocurrency Strategic Reserve: President Donald Trump unveiled plans for a U.S. "crypto reserve," including digital tokens such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). This initiative aims to bolster the crypto industry with U.S. government support, marking a significant policy shift from previous administrations.
THETIMES.CO.UK
Cryptocurrency Prices Surge Following Reserve Announcement: Following President Trump's announcement, cryptocurrency markets experienced substantial gains. Bitcoin's price surged by approximately 20%, reaching over $94,000. Other cryptocurrencies like Ethereum, XRP, Solana, and Cardano also saw significant increases in value.
REUTERS
Bitcoin Hits $92,000 Amid Market Volatility: Bitcoin's price reached $92,000 today after a recent dip to $82,000 last week, reflecting the cryptocurrency market's inherent volatility.
LATESTLY
Argentina's 'Cryptogate' Scandal Involving $LIBRA: Argentine President Javier Milei promoted the $LIBRA cryptocurrency, leading to a price spike followed by a severe crash. This incident, dubbed 'Cryptogate,' resulted in approximately $250 million in investor losses and has been labeled the first major scandal of Milei's presidency.
EN.WIKIPEDIA.ORG
Dogecoin (DOGE) Predicted to Reach New All-Time High: Analysts predict that Dogecoin could hit a new all-time high of $1.13 by March 19, 2025, following the approval of the Department Of Government Efficiency (D.O.G.E.) with Elon Musk at its head.
WATCHER.GURU
Toncoin (TON) Expected to Surge: Toncoin is projected to reach a new peak of $16.80 by March 30, 2025, according to recent market analyses.
WATCHER.GURU
Pepe (PEPE) Anticipated to Hit New Highs: The frog-themed memecoin Pepe is forecasted to achieve a new all-time high of $0.00003201 by March 20, 2025, reflecting growing investor interest in meme-based cryptocurrencies.
WATCHER.GURU
Goldman Sachs Reopens Cryptocurrency Trading Desk: Goldman Sachs has restarted its cryptocurrency trading desk and will begin dealing in Bitcoin futures and non-deliverable forwards for clients starting next week. The bank is also exploring the potential of a Bitcoin exchange-traded fund (ETF).
PayPal Rumored to Acquire Crypto Custody Firm Curv: Speculations suggest that PayPal is in the process of acquiring Curv, a cryptocurrency custody firm, in a deal that could be valued between $200 million and $300 million.
Shueisha Launches Blockchain Platform for Manga Art: Japanese publisher Shueisha, known for "Shonen Jump" and the "One Piece" series, has launched a blockchain platform enabling artists to buy and sell original manga artwork, with authenticity ensured through blockchain-based certificates. 