In 2009, Bitcoin became the world’s first cryptocurrency. Fast forward to today, President Trump has signed an executive order to establish the “Strategic Bitcoin Reserve and United States Digital Asset Stockpile.” This new initiative aims to shape the future of cryptocurrency in the U.S. On this episode of The Indicator from Planet Money, we explore ...
President Donald Trump has signed an executive order to create a Strategic Bitcoin Reserve, using bitcoin that the government has already seized. This decision comes ahead of a meeting with cryptocurrency leaders and has disappointed investors who were hoping for new federal purchases of digital assets. Following the announcement, the price of bitcoin dropped by ...
On March 7, US President Donald Trump plans to sign an executive order to establish a “Strategic Bitcoin Reserve” aimed at increasing the government’s Bitcoin holdings. This initiative comes during the White House Crypto Summit, where various options for crypto-related executive actions are being discussed. The reserve could allow the US to buy more Bitcoin ...
As the Federal Open Market Committee (FOMC) meeting on January 29 approaches, crypto investors face uncertainty following a recent price crash and the introduction of a crypto executive order by President Trump. Analyst Byzantine General predicts Bitcoin will stay within a price range of $90,682 to $108,388 until the FOMC’s decision. The Market could react ...
President Donald Trump recently signed a significant executive order regarding cryptocurrency, creating a Presidential Working Group focused on digital asset markets. This initiative aims to remove barriers to crypto innovation and explore the establishment of a national Bitcoin reserve. While the order does not directly create a reserve, it emphasizes the potential use of confiscated ...
Recent actions by the Trump Administration are opening new doors for the cryptocurrency industry. Following the establishment of a crypto task force by acting SEC Chair Mark Uyeda, President Trump signed an executive order aimed at advancing cryptocurrencies in the U.S. This order calls for the formation of a working group focused on creating a ...
On January 23, 2025, President Donald Trump signed an executive order aimed at advancing cryptocurrencies in the U.S. and potentially creating a national digital asset stockpile. This significant shift comes after his previous criticisms of the crypto industry. Trump’s order highlights the importance of the digital asset sector for innovation and economic growth, and it ...
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 ...
