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By Nandita Bose and Jasper Ward WASHINGTON (Reuters) -U.S. President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White House. The reserve will be capitalized with bitcoin owned by the federal government that was forfeited as part…
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Acting SEC Chair Mark Uyeda discusses the halt in probes into crypto firms, regulation, China’s presence in U.S. markets and efforts for technology independence. President Trump, late Thursday, signed an executive order to establish a Strategic Bitcoin Reserve. Crypto Czar David Sachs celebrated the move via a post on X. “The Reserve will be capitalized…
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Update (March 7, 3:10 am UTC): This article has been updated to add information from a White House fact sheet. Update (March 7, 12:55 am UTC): This article has been updated to add more information from David Sacks’ X post and information on US government crypto holdings. US President Donald Trump has signed an executive…
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Cryptocurrencies fell Thursday night after President Donald Trump signed an executive order creating a strategic bitcoin reserve for the United States and, separately, a “digital asset stockpile.” The price of bitcoin was last lower by 3% at $87,586.86, according to Coin Metrics. Shortly after the news broke, it fell to as low as $84,688.13. Investors…
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President Donald Trump signs executive orders in the Oval Office. (Photo by Anna Moneymaker/Getty … [+] Images) Getty Images President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve marks a pivotal moment in the U.S. government’s approach to digital assets, and possibly even in monetary history. By directing the retention of approximately 200,000…
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WASHINGTON, DC – JANUARY 23: David Sacks, U.S. President Donald Trump’s “AI and Crypto Czar”, speaks … [+] to President Trump as he signs a series of executive orders in the Oval Office of the White House on January 23, 2025 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Getty Images President Trump just signed…
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Alright, Somebody, somewhere… Just dropped nearly $90,000 on a stale Cheeto. Not just any Cheeto, though. This one apparently looks like Charizard. Now, I sit here, looking at my collection of comic books, action figures, and limited-edition trading cards, wondering where I went wrong. Because I thought I was deep in the collector’s game. But…
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Key Takeaways President Trump plans to hold a crypto summit Friday, hosting the executives of several major crypto companies at the White House. Trump last weekend said the U.S. could launch a strategic crypto reserve that would hold bitcoin, ether, and three other tokens. The price of bitcoin surged in the months following Trump’s 2024…
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US President Donald Trump could reportedly sign an executive order to create a Bitcoin reserve during the White House Crypto Summit on March 7. Such a reserve would be expected to buy more Bitcoin (BTC), in comparison to the US hanging on to the BTC it already owns through criminal seizures, Bloomberg reported on March…
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Banking behemoth JPMorgan expects Bitcoin to remain under pressure in the near future, CNBC reports. On March 2, the price of Bitcoin surged to $95,000 after it was confirmed that the leading cryptocurrency would be at the heart of the recently announced cryptocurrency reserve. However, it has since pared all of its gains and plunged below…