Donald Trump, set to take office as President again, may issue an Executive Order to create a Strategic Bitcoin Reserve. This plan involves using the Treasury’s Exchange Stabilization Fund, which has over $200 billion in assets, to purchase Bitcoin. Trump’s allies, including Senator Cynthia Lummis, support this initiative, aiming to accumulate significant Bitcoin reserves for ...
Cryptocurrency supporters are excited about President-elect Donald Trump’s focus on digital currencies. Bitcoin recently surpassed $100,000 again, driven by hopes that Trump’s administration will create a friendly environment for the crypto industry. Trump has appointed crypto advocates to key positions and expressed his desire to make the U.S. a “crypto capital.” This shift could lead ...
At a summer crypto conference, Donald Trump compared attendees to pioneering inventors, promising to support their success in the digital economy. Since the 2022 crypto crash, many crypto leaders have aligned with Trump’s political movement, investing heavily in his campaign. They hope he can bring a more favorable regulatory environment and has even driven up ...
The latest edition of the White House Watch newsletter covers key topics affecting the U.S. presidential transition and government appointments. Howard Lutnick, a strong supporter of the controversial cryptocurrency Tether, faces criticism due to its association with criminal activity, while also being nominated to lead the commerce department. Meanwhile, Mitch McConnell positions himself against isolationism ...
Peter Schiff, a prominent economist, recently suggested that President Joe Biden should sell all U.S.-owned Bitcoin before leaving office. He believes this move could significantly reduce the nation’s budget deficit, which is increasing rapidly. In his message, Schiff described it as the “one good thing” Biden could do and mentioned that selling the Bitcoin would ...
Eric Trump recently shared his belief that clear and sensible regulations can position the U.S. as the world’s cryptocurrency leader. In an interview with CNBC, he expressed a long-standing enthusiasm for crypto, emphasizing that his father, President-elect Donald Trump, aims to establish America as the “crypto capital of the world.” This statement follows Bitcoin’s surge ...
Bitcoin has reached an all-time high of $100,000, reflecting a surge in cryptocurrency interest since Donald Trump’s election. Despite previously labeling Bitcoin a “scam,” Trump has embraced the crypto culture during his re-election campaign, becoming the first president to speak at a Bitcoin conference. He expressed his desire for the U.S. to become the “crypto ...
Bitcoin has recently reached a significant milestone, hitting $100,000, and is gaining support from influential leaders, including President-elect Donald Trump and Russian President Vladimir Putin. In light of this, Microsoft is preparing for an important vote on December 10 regarding the potential addition of Bitcoin to its balance sheet. Despite a proposal advocating for this ...
Bitcoin is experiencing a resurgence, having increased nearly 80% in the past three months after a slow spell earlier in the year. This rise is partly attributed to the upcoming Trump administration, which many believe will support the cryptocurrency Market. The recent approval of spot Bitcoin ETFs by the SEC has also boosted investor confidence, ...
Bitcoin has reached a remarkable milestone, surpassing the $100,000 mark for the first time, marking a significant victory for investors in the cryptocurrency space. This increase of over 50% in just two months reflects growing confidence in digital assets, bolstered by President-elect Donald Trump’s commitment to reducing regulations in the crypto Market. His nomination of ...
