President Donald Trump today signed an executive order creating a Strategic Bitcoin Reserve and other digital currencies, an account whose value is currently worth billions of dollars. It’s estimated that there is close to 200,000 Bitcoin held by the U.S. government, although that hasn’t yet ever been a comprehensive audit. The order also asks for…
Crypto prices jump after Trump sets plan for US strategic reserve Prices for bitcoin and the like have soared after Donald Trump set out plans for a U.S. cryptocurrency reserve. He said in a social media post that the stockpile would include bitcoin and ether, as well as smaller tokens XRP, solana and cardano. President…
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Background. Bitcoin is the original cryptocurrency. The Bitcoin protocol permanently caps the total supply of bitcoin (BTC) at 21 million coins, and has never been hacked. As a result…
A strategic Bitcoin reserve in the United States reduces the possibility that the government will ever “ban” the cryptocurrency and could encourage many more nations to adopt Bitcoin, according to crypto observers. On March 7, US President Donald Trump signed an order establishing a Strategic Bitcoin Reserve and a digital asset stockpile. White House crypto…
U.S. President Donald Trump speaks in the Oval Offices as he signs an executive order at the White House in Washington, DC, on Thursday, March 6, 2025. Photo by Al Drago/UPI | License Photo March 6 (UPI) — President Donald Trump signed an executive order creating a strategic bitcoin reserve as well as a U.S.…
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…
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…
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…
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…
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…