President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile.
The idea that the government would hold onto the 16 other crypto assets the government is holding is both silly and pointless, as none of those other assets were designed to be a store of value, and a chunk of them are just digital versions of the ever-debasing U.S. dollar.
Trump's Executive Order promotes digital asset rights, bans CBDCs, and sets up a Bitcoin Strategic Reserve, boosting Bitcoin's potential value. Read my BTC thesis.
BlackRock chief executive Larry Fink as revealed he's had discussions with sovereign wealth funds about buying bitcoin..
Trump is a man in a hurry, and social media is buzzing with questions about whether he will fulfill his promise of a strategic Bitcoin reserve.
Instead of waiting to see whether Donald Trump follows through on his endorsement of a national “strategic’ Bitcoin stockpile, states are taking matters into their own hands.
Bitcoin’s most likely outcome is to range trade until either a Trump executive order or the upcoming Fed FOMC occurs.
Nine U.S. states have seen strategic Bitcoin reserve bills introduced. Pennsylvania was first, followed by Texas, Ohio, and New Hampshire followed. Is Florida next?
Ongoing presidential backing for digital assets is a key determinant for the continuation of 'crypto's golden era,' the report said.
President Trump's "Digital Asset" Executive Order is not what we hoped for. Luckily, Senator Lummis is taking a better approach to establishing a Strategic Bitcoin Reserve.
As cryptocurrencies have entered the financial mainstream, they have become increasingly sensitive to policy changes from the Federal Reserve. What impact are policy decisions from the Fed likely to have on the crypto markets this year?