
The crypto world is experiencing a series of transformative changes with Bitcoin being awarded special status in Trump's digital strategy, possibly altering the currency's safe-haven standing. A compelling shift towards de-centralization is evident with Coinbase Base Network attaining 'Stage 1' status. Trump's Tariff Policy appears to pose threats to the Dollar's global currency dominance and Safe Haven Status, as expressed by FX Strategist Wizman. Meanwhile, Status Coin (SNT) is in the vicinity of a key support zone, with possible signs of a reversal surfacing.
The Bitcoin community is abuzz with optimism for its futures as a US reserve. Kyrgyzstan embraces digital revolution with its president signing CBDC law, giving 'digital som' legal status. JELLYJELLY Token defies typical Memecoin status on Solana, despite the ongoing market consolidation. At the same time, XRPβs legal status has come under scrutiny once again, with Oregon advocating a security label.
In a surprising twist, announcements reveal El Salvador's withdrawal of Bitcoin's legal tender status in compliance with IMF requirements. SEC is set to host a roundtable focusing on crypto security status, offering a clearer view on its official position on crypto regulations. Concerns are mounting as the Dollar's Safe-Haven status deteriorates with tariffs eroding international trust. Crypto bank Sygnum achieved unicorn status with a recent $58M raise.
Status Coin News Analytics from Mon, 12 Oct 2020 07:00:00 GMT to Mon, 12 May 2025 12:03:05 GMT - Rating -2 - Innovation -1 - Information 4 - Rumor 5