-
President Donald Trump is making a big bet on bitcoin, with all the might of the U.S. government. Trump signed an executive order late Thursday establishing a strategic bitcoin reserve for the United States, putting the cryptocurrency on par with petroleum and gold as strategic assets that Washington stockpiles. David Sacks, Trump’s crypto and AI…
-
Comment It’s official: President Donald Trump signed an executive order Thursday to create a US Bitcoin reserve and stockpile of related digital assets, though instead of boosting the value of the coins, the market reacted negatively to the news. Bitcoin, Ethereum, and other crypto tumbled, and recovered somewhat, as people processed the announcement. It should…
-
Bitcoin and other digital assets now have a welcome home in the United States government. On March 6, President Trump signed an executive order (the March 6 Order) establishing the Strategic Bitcoin Reserve and United States Digital Asset Stockpile. It implements a key component of the administration’s cryptocurrency framework outlined in the January 23 Executive Order, which directed…
-
Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that Javascript and cookies are enabled…
-
Shares of the iShares Bitcoin Trust ETF (IBIT -2.39%) fell 17% in February, according to data from S&P Global Market Intelligence. The BlackRock exchange-traded fund essentially tracks the price of Bitcoin. Like most assets considered risky, the Bitcoin ETF plunged in February, as investors grew skittish over the economy. Those fears were prompted by plunging…
-
Michael Saylor Hints US Will Buy 1 Million Bitcoin For Strategic Reserve Michael Saylor, executive chairman of Strategy (NASDAQ:MSTR), suggested on Thursday that the United States plans to purchase 1 million Bitcoin (CRYPTO: BTC) to establish a strategic reserve, aligning with a framework outlined in the bill proposed by senator Cynthia Lummis (R-Wyo.) He was…
-
Bitcoin via a Spot ETF is an exciting asset to add to one’s portfolio. getty Bitcoin Spot ETFs have emerged as a leading way for investors to gain exposure to bitcoin, the world’s leading cryptocurrency, which has delivered tremendous returns since its launch in 2009. In 2024, the SEC approved bitcoin ETFs like IBIT and…
-
Cryptocurrency industry elite met with Donald Trump at the White House on Friday to discuss how the government will enact Trump’s vision of making the country the “crypto capital of the world”. During the round-table summit, which had more than a dozen attendees, the president thanked each of his guests. “High-IQ individuals around this table,…
-
Donald Trump told some of the leading cryptocurrency players on Friday that he is making good on his pledges to them and would continue giving the industry what it wants. “I promised to make America the bitcoin superpower of the world and the crypto capital of the planet and we’re taking historic action to deliver…
-
The White House hosted its first-ever “crypto summit” Friday, convening top executives from various digital asset firms to discuss the Trump administration’s commitment to rolling back the aggressive regulatory posture the Biden administration took toward the industry. However, some in the crypto world were left disappointed that the Trump administration did not signal more active…