Amid another bad day for crypto prices, there's some potentially good news about Trump's next executive order.
James Rubin
Together with:
📝 What you need to know
Digital asset investors disliked Donald Trump’s refusal to rule out a recession, even amid reporting from Decrypt that the president intends to sign an executive order ending crypto debanking.
Investors resumed their recent, fretful flight from Bitcoin and other risk-on assets Monday amid disturbing economic signs, a chaotic government downsizing program led by Elon Musk, the looming prospect of a trade war, and other geopolitical unrest.
During early afternoon Monday trading, the largest cryptocurrency fell briefly below $77,500, its lowest level in more than four months before recovering lost ground to regain $79,000. Other major coins—including Solana, Cardano, and XRP—also changed hands well in the red. Solana traded at $116 at one point, its lowest level in over a year, as meme coin traders continued to disappear, while liquidations surged.
Long story short? Investors hate uncertainty.
Trump Plans to Sign Executive Order Ending Biden-Era Crypto Debanking
Trump’s executive order will seek to roll back anti-crypto banking rules of the Biden admin and could target key Fed policies, sources said.
Bitcoin Dives Under $80K as Solana, Dogecoin and Stocks Fall on Inflation Fears
Crypto prices and stocks alike are falling Monday, with Bitcoin diving as traders react to President Trump's recession comments and more.
Solana Hits Yearly Low as ‘Perfect Storm’ Batters Price
Controversy surrounding meme coins has affected Solana’s price as token unlocks test confidence, according to one analyst.
Strategy Nears $21 Billion Stock Sale as Its Bitcoin Buys Stall
Strategy, formerly known as MicroStrategy, is looking to sell $21 billion in preferred stock to buy more Bitcoin, according to a new filing.
From our partner
Flare Fair is your one-stop DeFi carnival: discover Flare’s ecosystem by completing tasks like bridging, lending, and staking and earn rewards from a 510M FLR pool, as well as FlareDrops. Interact with dApps, explore themed “rides,” and boost your earnings effortlessly. Doors to the Fair are open!
Bitcoin price above $80,000 on March 16, 2025, at 11:59pm UTC?
Trade “Bitcoin price above $80,000 on March 16, 2025, at 11:59pm UTC?” on Myriad
💬 Quote of the Day
❝
“In my view, it was a mistake for the Commission to link together regulation of the Treasury markets with a heavy-handed attempt to tamp down the crypto market.”
🎮️ GG: This Week in Crypto Games: Robinhood's $2M Bitcoin and Dogecoin Trivia Game, 'Axie Infinity' MMO Revealed
Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.
🤖 EMERGE: X Outage Linked to Dark Storm Hacker Group as Elon Musk Confirms 'Massive Cyberattack'
A massive denial of service attack linked to the notorious hacker group DarkStorm hit Elon Musk's social media platform X on Monday.
🎭️ SCENE: Sony’s Aibo Robot Dog Is Back—In Ethereum NFT Form
Nearly 10 million free Aibo NFTs have been minted on Soneium, Sony's Ethereum layer-2 network, granting them tokens that can't be traded.
📚 Watch and Learn
📹 WATCH: Consensus 2025: Predicting Media Success
At Consensus 2025 in Hong Kong, DASTAN CEO Loxley Fernandes and President Farokh Sarmad discuss how on-chain prediction market MYRIAD's dynamic participatory model offers a new solution for aligning incentives in the media ecosystem.
🎓️ LEARN: Getting Started with Flare
Earn a free NFT by taking our course, “Getting Started with Flare,” in partnership with Flare. Learn all about how the “blockchain for data” works, why decentralized data matters, and the opportunities for DeFi on Flare.
