President Donald Trump on Thursday night authorized the creation of a strategic bitcoin reserve and a separate US stockpile of other digital assets, fulfilling a campaign promise he made to an industry that is gathering at the White House Friday for a “crypto summit.“ The bitcoin reserve will be seeded with bitcoin already owned by…

KEY TAKEAWAYS U.S. President Donald Trump signed an executive order establishing a U.S. strategic bitcoin reserve, as well as a “digital asset stockpile” for other cryptocurrencies, but put potential limits on buying more of the tokens beyond what is held by the federal government. The reserve will be capitalized with bitcoin already owned by the…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has been struggling around the $90,000 level, failing to reclaim it as support and confirm a recovery from the intense selling pressure it has faced in recent weeks. Despite multiple attempts to push higher, BTC remains under uncertain market conditions, with…

President Trump on Thursday signed an executive order to establish a “Strategic Bitcoin Reserve” and a stockpile of U.S. digital assets. The move came after Trump’s proposal for a crypto reserve sparked unexpected blowback from tech leaders because he initially said over the weekend that digital assets other than bitcoin would also be part of…

The United States has gotten serious about Bitcoin — though maybe not as serious as some had hoped. On Thursday, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve, and a U.S. Digital Asset Stockpile. Essentially, this means that the U.S. government now treats Bitcoin as a reserve asset, similar to gold.…

Donald Trump signed an executive order creating a Bitcoin reserve and a crypto stockpile. Both will contain tokens already seized by US law enforcement. On Thursday, US President Donald Trump signed an executive order to establish a strategic Bitcoin reserve and a US digital asset stockpile. Both stockpiles proposed by Trump won’t purchase any new…

Bitcoin fell on Friday despite US President Donald Trump signing an executive order to establish a Strategic Bitcoin Reserve. The move, which was initially expected to boost market sentiment, instead disappointed investors as it became clear that the government would not be buying fresh Bitcoin but would rely solely on confiscated assets. No new Bitcoin…

United States President Donald Trump has signed an executive order, which establishes a Strategic Bitcoin Reserve and a stockpile of other digital assets – a measure he had promised to fulfil during his Presidential bid last year. “Bitcoin is the original cryptocurrency,” the executive order said. “Because there is a fixed supply of BTC, there…

Cryptocurrency falls as much as 6 percent as lack of plans for government purchases disappoints investors. United States President Donald Trump’s executive order to establish a Bitcoin strategic reserve and a stockpile of other digital assets has failed to impress crypto markets, with Bitcoin’s value plummeting following the announcement. Bitcoin fell as much as 6…

President Donald Trump recently signed an Executive Order that’s got everyone in finance talking. It creates a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, shaking up how the government handles cryptocurrency. Rather than seeing Bitcoin as something to unload quickly, this decision marks it as a valuable national asset to keep for the…