Galaxy Head Thinks US’s Strategic Bitcoin Reserve Comes This Year, Fueling Bi...
The US’s Strategic Bitcoin Reserve may be coming this year, says Galaxy head of firmwide research, Alex Thorn. His statement comes in spite of the public sentiment and the fact that, while Trump signed the executive order establishing the Strategic Bitcoin Reserve in March, the administration didn’t confirm a formalized implementation plan yet. Despite that, […]
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About 51%, or the majority of Americans, do not support the creation of a cryptocurrency strategic reserve, a proposal that US President Donald Trump has been pushing since his election in November last year. A recent poll revealed that the majority of American voters oppose the establishment of a crypto strategic reserve which indicates that […]
Senator Cynthia Lummis used an early-morning X post on Nov. 5 (Europe) to endorse a US Strategic Bitcoin Reserve and to praise the administration’s stance. “I truly believe the Strategic Bitcoin Reserve is the only solution to offset our national debt,” she wrote, adding that she “applaud[s] @POTUS and his administration for embracing the SBR, […]
Filipino lawmaker Representative Migz Villafuerte has introduced House Bill 421, which seeks to establish a strategic Bitcoin (BTC) reserve for the Philippines. The bill tasks the Bangko Sentral ng Pilipinas (BSP) with acquiring 10,000 BTC over the next five years. Philippines Politician Floats Strategic Bitcoin Reserve Bill Under the proposal, the BSP would be responsible […]
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP). $ADA surged 43% in response to the news. Other reserve cryptos saw more moderate increases: $XRP grew by 14%, $SOL by 12%, $BTC […]
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP). $ADA surged 43% in response to the news. Other reserve cryptos saw more moderate increases: $XRP grew by 14%, $SOL by 12%, $BTC […]