XRP, DOGE, ADA Slump 9% as Trump Douses Bullish Crypto Reserve Hopes
Traders are disappointed the crypto reserve plans won’t add any buying pressure to the market, at least in the near term, with few catalysts to buoy the market.
Bitcoin Strategic Reserve
Market Experts Weigh In on Trump’s Strategic Bitcoin Reserve That Takes Out $17B in Potential Selling From BTC
White House crypto and AI czar David Sacks said on X that the stockpile will also include other coins forfeited in criminal or civil proceedings
Trump Orders ‘Fort Knox’ Bitcoin Reserve and Digital Assets Stockpile
The U.S. president directed his administration to establish a bitcoin reserve to hold seized assets, and it’s setting up a separate crypto stockpile.
Texas Surges in U.S. States’ Race to Put Public Funds Into Crypto
Texas’ bitcoin strategic reserve bill clears its senate, while New Hampshire marks a committee win and Utah teeters on a deadline this week.
Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes
Five states’ crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.
U.S. Crypto Task Force to Focus on Delivering National Bitcoin Reserve: Bernstein
The Federal Reserve could issue debt or sell some of its gold reserves to fund purchases of BTC, the report said.
As One State Gets Closer on a Crypto Reserve, Others Jump Into the Fray
Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills.
Crypto’s Senate Ally Lummis Pushes Federal Agencies on Digital Assets Issues
Senator Cynthia Lummis, set to lead the Senate Banking Committee’s digital assets panel, went after the sale of U.S. bitcoin holdings and FDIC debanking.
Why High Net-Worth Investors Are Super Bullish on Bitcoin Right Now
The difference in outlook between traders and high net-worth individuals has never been greater, according to David Siemer, CEO of Wave Digital Assets.
Bhutan’s Crypto Reserve Could Pave Way for Economic Growth in Other Countries
Smaller countries could strengthen economic growth by attracting foreign investment and utilizing available renewable energy resources to mine bitcoin.