The Latest Breaking News from Bitcoin

El Salvador is unfazed by concerns around its Bitcoin reserve following a recent agreement with the IMF to concede some of its policies to secure a loan, but there are questions on the Bukele government's "contradictory" actions.

The creation of a "Strategic Bitcoin Reserve" in the United States is further proof of President Donald Trump's support for the cryptocurrency sector.

Cryptocurrency is increasing in popularity in different sectors, including sports. More professional athletes now consider receiving part of their salary through cryptocurrency distribution because stars like Russell Okung and Lionel Messi have already transitioned to digital currency payments.

The Trump White House is looking to accumulate as much $BTC as possible, Bo Hines reportedly told crypto leaders during a private roundtable earlier this week, but time is ticking and there have been no strategies on the "how" so far.

United States President Donald Trump recently announced the U.S. would establish a strategic cryptocurrency reserve of Bitcoin, Ether, Ripple, Solana and Cardano. This move, he said, would make the U.S. “the crypto capital of the world.”

According to the force, the cryptocurrency was worth nearly £60,000 in 2017.

Coinbase said it will suspend trading in New York for three meme coins next month, drawing criticism from crypto users who believe the platform made a lot of money on meme tokens but is now dropping the coins amid the bear market.

“Headwinds have turned into tailwinds,” for the crypto world because of the new administration, digital asset platform Abra’s CEO said.

$BNB prices were up Wednesday after Binance announced it secured a $2 billion investment from UAE tech firm MGX, marking the single largest investment in a crypto company so far.