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The crypto council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts.

It's been a tough go of it for Bitcoin (CRYPTO: BTC) recently, which is down 16% for the year. According to the latest quarterly Securities and Exchange Commission (SEC) 13F filings, billionaire hedge fund manager Paul Tudor Jones nearly doubled his stake in the iShares Bitcoin Trust (NASDAQ: IBIT) from 4.4 million shares to 8.1 million shares. As of mid-February, he had 4.5% of his $9 billion portfolio invested in this spot Bitcoin exchange-traded fund (ETF).

Bitcoin (CRYPTO: BTC), 16 years after its introduction and with a market cap of more than $1.7 trillion today, is the world's oldest and most valuable cryptocurrency. In other words, fewer and fewer people are questioning Bitcoin's staying power. This leading digital asset has been sliding for about three months, but maybe a rebound is in the works.

BlackRock's IBIT saw a record outflow on Wednesday of over $418 million.

Metaplanet raises 2 billion yen in zero-interest bonds to expand bitcoin holdings.

Ripple Labs is working to expand the XRP Ledger’s decentralized finance (DeFi) capabilities with a clear roadmap for 2025.

Dogecoin's price has dropped significantly in recent months, returning to pre-election levels, despite initial gains following Donald Trump's 2024 presidential victory.