WASHINGTON, DC – David Sacks, AI and Crypto Czar (Photo by Anna Moneymaker/Getty Images) Getty Images In a historic move, President Donald Trump signed an executive order on March 6, 2025, establishing the ‘Strategic Bitcoin Reserve and United States Digital Asset Stockpile.’ The announcement, made just a day before the first-ever White House Crypto Summit,…

Bitcoin price hovers around $82,000 on Monday after falling nearly 15% last week. Ethereum price closes below the $2,125 support level, hinting at a further correction. XRP trades around $2.17 on Monday after crashing 27.25% last week. Bitcoin (BTC) hovers around $82,000 on Monday after falling nearly 15% last week. Ethereum (ETH) and Ripple (XRP)…

President Donald Trump’s decision to establish official government cryptocurrency reserves in the US has drawn criticism from industry watchers. He has signed an executive order creating what he calls a Strategic Bitcoin Reserve as well as a Digital Asset Stockpile, which will consist of other forms of digital currency. The funds will be stocked with…

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…

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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…