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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US-based Bitcoin ETFs (exchange-traded funds) have continued to struggle in terms of investor participation and interest over the last few weeks. In the last week of February, the crypto-based financial products witnessed a record-breaking $1.14 billion single-day withdrawal. The story wasn’t…
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Jonathan Raa | Nurphoto | Getty Images Bitcoin fell on Monday as volatility in the price of the world’s largest cryptocurrency continues following an executive order signed by President Donald Trump to create a strategic bitcoin reserve for the United States. Bitcoin was trading at $81,712, down over 5% but off earlier lows, at 9:42…
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South Korean financial experts and opposition politicians urged the country to integrate Bitcoin into its national reserves and develop a won-backed stablecoin at a forum held last Wednesday. The seminar, hosted at the National Assembly by the main opposition Democratic Party, analyzed potential responses to U.S. moves for a national reserve centered on Bitcoin, according…
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Galaxy CEO Mike Novogratz has commented on the establishment of a strategic Bitcoin reserve, arguing that it is a “very big deal.” The fact that the U.S. now has a Bitcoin reserve will “send a message” to every country, according to Novogratz. Blockstream CEO Adam Back, who is known for being cited in Satoshi Nakamoto’s whitepaper, echoed…
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Investor Tom Lee says that Bitcoin could end up becoming the most profitable product for Wall Street giants as the US goes ahead with making BTC a reserve asset. In a new interview on The Compound podcast, Lee compares the Strategic Bitcoin Reserve to the concept of the US petroleum reserve, noting that for every…
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WASHINGTON – Imagine if President Bill Clinton created a Strategic Beanie Baby Reserve, hoping the ugly dolls could someday pay down the national debt. Or if President Joe Biden had created a Hunter Biden Paintings Asset Stockpile, encouraging investment in a commodity that just so happened to enrich his son. Here on real world earth,…
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Sun 09 Mar 2025 ▪ 4 min read ▪ by Fenelon L. The Salvadoran government has added more than 13 bitcoins to its reserves since March 1, openly defying the conditions of the $1.4 billion loan granted by the International Monetary Fund. Despite international pressures, President Nayib Bukele claims that nothing will stop his country’s…
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The widespread disappointment surrounding the US Strategic Bitcoin Reserve — hailed as a historic step for Bitcoin adoption — suggests unrealistic investor expectations, according to regulatory experts. President Donald Trump signed an executive order on March 7, which will utilize Bitcoin (BTC) seized in government criminal cases rather than purchasing the asset directly from the…
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Bitcoin advocate and JAN3 CEO Samson Mow has accelerated his Bitcoin price prediction. He suggested that it could reach $1 million earlier than his model’s original 2031 forecast. Mow cites the unprecedented White House support for Bitcoin (BTC) as a catalyst for this new timeline. “Since getting into Bitcoin, what I’ve consistently found is that…
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The creation of the Strategic Bitcoin Reserve failed to meet the expectations that many crypto market participants had for it, and as a matter of fact, the main cryptocurrency came to a close this week without 10.66% of its valuation at the beginning. What’s next for Bitcoin (BTC)? If anyone were to give you a concrete answer,…