Trump Creates a ‘Strategic Bitcoin Reserve’
The saga began early last week when President Donald Trump posted on Truth Social that he would be establishing a “Crypto Strategic Reserve” that included XRP, solana, and cardano—three lesser-known currencies that are far less stable than bitcoin (BTC)—raising questions as to why these coins were included over popular, reliable currencies.
U.S. Strategic Bitcoin Reserve a 'Monumental Endorsement' of the Crypto: H.C. Wainwright
The establishment of a Strategic Bitcoin Reserve (SBR) in the U.S. is a "monumental endorsement" of the world's largest cryptocurrency, broker H.C. Wainwright said in a research report Monday. The move mints bitcoin's "legitimacy in the mold of humanity's most historically prized asset: gold," analysts Kevin Dede and Michael Donovan wrote.
With US stocks unstable, consumer confidence in the economy plunging and whispers of a potential recession growing less muted ...
Other proponents, in addition to Franklin Templeton, argue that a Bitcoin reserve could strengthen the U.S. economy, ...
Byron Donalds wants Florida to keep Bitcoin as reserves. It's a bold move for the state's finances. Find out if it'll help or ...
Speaking at the “Bitcoin for America” summit, lawmakers announced their plans to create a federal bitcoin reserve that would ...
“This marks the first decline in both Headline and Core CPI since July 2024. Inflation is cooling down in the US.” However, ...
In reality, gold and Bitcoin are quite different in asset quality and in terms of their hierarchy as sound money.
Utah passed a blockchain bill without its planned Bitcoin reserve provision while Texas and Arizona lead states pursuing ...
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Lummis Revives BITCOIN Act, Laying Groundwork for Trump’s BTC Strategic Reserve — Retail Sentiment SplitBitcoin (BTC) stabilized above $83,000 after dipping below $78,000 late Sunday, recovering alongside the broader markets. The ...
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