President Trump hosted a summit at the White House, pledging support for cryptocurrency and establishing a strategic reserve projected to hold 200,000 bitcoins. This marks a significant shift towards embracing digital assets, contrasting past administration stances. Key figures from Congress and the crypto industry participated, discussing the potential for growth and the need for regulatory … Read more
Bitcoin’s price fluctuates between $80,000 and $90,000 due to inflation fears and tariff threats from Trump. Arthur Hayes predicts a potential boom in April linked to Federal Reserve changes, while Senator Elizabeth Warren warns of political instability that could affect economic policy. Analysts suggest a rebound for Bitcoin, bolstered by softening tariffs and a dovish … Read more
Bitcoin rebounded 4% on March 7 after initial drops due to the U.S. Strategic Bitcoin Reserve announcement. The reserve, created from confiscated coins, disappointed some; however, analysts suggest a bullish sentiment remains. Market volatility persists with upcoming employment data and Jerome Powell’s speech impacting expectations. On March 7, Bitcoin (BTC) experienced a remarkable 4% rebound, … Read more
President Trump has signed an executive order to create a national reserve for Bitcoin and other cryptocurrencies, aimed at using the U.S.’s seized Bitcoin stash. The order emphasizes developing budget-neutral strategies for purchasing more Bitcoin and aspires to position the U.S. as a leader in cryptocurrency. However, critics raise concerns about potential conflicts of interest … Read more
The cryptocurrency industry is striving to cement its political influence and achieve mainstream acceptance amid recent legislative efforts. After announcements from key figures like David Sacks, the industry sees potential for significant regulation changes but faces internal conflicts and challenges. Political spending is escalating as key legislation discussions unfold, reflecting a broader strategy for acceptance … Read more
President Trump has signed an executive order to establish a Strategic Bitcoin Reserve, aiming to stockpile Bitcoin, Ethereum, and other tokens. Funded by forfeited assets to prevent taxpayer costs, the initiative also directs an accounting of 200,000 Bitcoins, likened to a ‘digital Fort Knox.’ The order establishes a US Digital Asset Stockpile managed under the … Read more
President Trump will host the White House’s first cryptocurrency summit on March 7, featuring key crypto industry leaders. David Sacks will lead the event, focusing on establishing a clear regulatory framework for digital assets, contrasting with previous administration approaches. Trump aims to ease regulations and engage with the crypto community more effectively. President Donald Trump … Read more
Donald Trump announced plans for a national strategic crypto reserve, igniting enthusiasm in the cryptocurrency markets. This reserve will include five key cryptocurrencies and marks a significant policy shift away from the previous administration’s crackdowns. Following the announcement, major cryptocurrencies witnessed substantial price increases, underscoring the impact of Trump’s declarations on market sentiment. In a … Read more
Bitcoin surged nearly $14,000 after President Trump announced a U.S. strategic crypto reserve, raising its value above $92,000. This positive change, which also benefitted Ether and major crypto stocks, followed a low point that concerned investors. Market enthusiasm has revived, with eyes on forthcoming details from the White House Crypto Summit. Over the weekend, Bitcoin … Read more
Cryptocurrency prices surged after President Trump announced plans for a U.S. government “Crypto Strategic Reserve,” including lesser-known cryptocurrencies alongside bitcoin and ether. The announcement temporarily boosted prices, but details remain vague, raising questions about the reserve’s viability and stability in the volatile crypto market. In a surprising twist, cryptocurrency prices surged following President Donald Trump’s … Read more