White House (Suzy Brooks/Unsplash)

XRP, Solana, Cardano’s ADA Prices Drop as White House Backpedals on Trump’s Crypto Reserve Plan

Cardano’s ADA, XRP and Solana’s SOL slid on Friday after a White House official backpedaled on President Trump’s recent announcement that he would sign an executive order instructing the Presidential Working Group to move forward with the creation of strategic crypto reserve comprised of ADA, XRP, SOL, bitcoin and ether. “I think the president just…

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Moscow (Photo by Frédéric Soltan/Corbis via Getty Images)

Sanctioned Russian Crypto Exchange Garantex Seized, Operators Charged With Money Laundering

Garantex, a Russian crypto exchange popular with ransomware gangs and darknet markets, has been taken down in an international law enforcement operation, according to a Friday announcement from the U.S. Department of Justice (DOJ). On Thursday, a coalition of law enforcement agencies from the U.S., Germany and Finland seized Garantex’s domains and servers, and froze…

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Bitcoin slips to 200-day average. (Zdeněk Macháček/Unsplash)

BTC Bears Target 200-day Average as Macro Concerns Overshadow Trump’s Crypto-Related Actions

Bitcoin (BTC) bears looked to penetrate key support Sunday, extending a three-day losing streak as macroeconomic concerns overshadowed President Donald Trump’s recent-crypto-related announcements. The leading cryptocurrency by market value slipped over 3% to $83,200, testing the 200-day simple moving average (SMA), according to CoinDesk and TradingView data. Prices have dropped over 10% since putting highs…

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