Donald Trump Signs Order to Create a Strategic Bitcoin Reserve
President Donald Trump signed an executive order on Thursday to establish a Strategic Bitcoin Reserve and a stockpile of other digital assets.
President Donald Trump signed an executive order on Thursday to establish a Strategic Bitcoin Reserve and a stockpile of other digital assets.
Bitwise CIO Matt Hougan has suggested that the initiative will ultimately be positive for digital assets despite experiencing initial volatility.
Bukele has announced the acquisition of an additional five Bitcoins and dismissed any claims that the country’s BTC strategy was coming to an end.
Bitcoin dominance fell from 55.4% to below 50% shortly after US President Donald Trump announced that XRP, Solana, and Cardano would be included in the country’s “Crypto Strategic Reserve.”
BlackRock is incorporating its spot Bitcoin ETF into some of the portfolios it offers to financial advisors, according to Bloomberg.
Chicago, Illinois, 25th February 2025, Chainwire
On Monday, US spot Bitcoin exchange-traded funds experienced over $500 million in net outflows, marking the fifth-largest outflow since their introduction in January 2024.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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