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…
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,…
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…
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…
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…
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,…
Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve. The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin (BTC), run a node and…
The crypto market continues its bearish trend with Bitcoin dropping below $83,000. Certain altcoins, however, are surging. At last check, CoinGecko data shows Bitcoin (BTC) is down 4.4% over the last 24 hours. Source: CoinGecko Altcoins spike triple digits SafeMoon (SFM) has spiked 494.3% in the last 24 hours, reaching $0.00007107 from a low of…
President Trump signed an executive order on Thursday to create a national stockpile of Bitcoin and other digital currencies, an audacious idea that has been widely criticized as a scheme to enrich crypto investors. The basis of the stockpile will be a stash of Bitcoin, estimated to be worth as much as $17 billion, that…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin whale holdings have reached their lowest level in six years, raising concerns about the asset’s price trajectory amid its current price struggles. Interesting data from on-chain data analytics platform IntoTheBlock shows that the aggregate amount of Bitcoin held by whales has…