How Trump Could Elevate Bitcoin To A US Strategic Reserve Asset: Expert
The recent remarks by leading US presidential candidate Donald Trump regarding Bitcoin’s potential role as a strategic reserve asset for the United States have ignited substantial discussions among policymakers, legal experts, and financial analysts. While Forbes reported on the potential move, it is David Bailey, CEO of Bitcoin Magazine and advisor to the Trump campaign, […]
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According to a Forbes report, former President Donald Trump has recently expressed strong support for Bitcoin (BTC), igniting discussions about classifying the cryptocurrency as a strategic reserve asset. In a social media post, Trump acknowledged BTC’s geopolitical significance and warned against policies that hinder its growth, stating that such actions would only benefit China and […]
Polymarket bookmakers report that the chances of Former President Donald Trump declaring a US Bitcoin strategic reserve have dropped. At first, speculations abound that Trump would reveal a daring strategy to include Bitcoin into the US strategic reserves during the Bitcoin 2024 conference this week. Related Reading: Could BlackRock’s Larry Fink Be Trump’s Next Treasury […]
Former US President Donald Trump is set to make a highly anticipated appearance as a keynote speaker at the upcoming Bitcoin 2024 Conference in Nashville, scheduled from July 25-27. This has created a buzz of excitement among crypto investors as rumors suggest that Trump may deliver a significant announcement during his speech. Related Reading: Cardano […]
Lately, the discussions regarding Bitcoin as a reliable strategic reserve asset have garnered significant interest within the entire cryptocurrency industry due to its potential to serve as a hedge against inflation and economic stability. Even though most people see this as a notable idea, some believe BTC is an unreliable choice for a federal reserve […]
In a series of exchanges on X, Adam Back, CEO of blockchain technology firm Blockstream, projected that Bitcoin could surge beyond $1 million if the United States were to establish a Strategic Bitcoin Reserve (SBR) under President-elect Donald Trump. “If the US Strategic Bitcoin Reserve happens, prepare for 7 figure bitcoin. This cycle. The market is skeptical on meaningful follow through for now, so that is not at all priced in,” Back stated. if the US Strategic Bitcoin Reserve happens prepare for 7 figure bitcoin. this cycle. the market is skeptical on meaningful follow....