Treasury and Commerce secretaries will explore buying more Bitcoin in a “budget neutral way,” but such conversations have not happened yet.
The US government bagged $366 million from its Bitcoin sales over the years, but had it held its stash, it would now be more than $17 billion.
White House-appointed ‘Crypto Czar’ David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRY
Trump's executive order launching a Strategic Bitcoin Reserve marks a shift in US crypto policy, as David Sacks reveals a $16 billion bitcoin misstep.
Trump ‘artificial intelligence and crypto czar' David Sacks discusses the first-ever crypto summit at the White House on 'Hannity.'
The president’s crypto czar also said there is no evidence that Trump has personal investment in cryptocurrencies like Bitcoin.
Gordon Johnson, an analyst at GLJ Research, criticized what he called market “corruption” Sunday following President Donald Trump‘s announcement of a strategic U.S. cryptocurrency reserve that would include several digital assets.
Trump’s executive order establishes a Bitcoin reserve while relegating other cryptos to a stockpile. Market reaction, insider concerns, and policy implications unpacked.
On-chain data has revealed that the United States government’s public wallets currently hold 198,109 Bitcoins, approximately $16.92 billion.
United States President Donald Trump’s executive order to establish a Bitcoin strategic reserve and a stockpile of other digital assets has failed to impress crypto markets, with Bitcoin’s value plummeting following the announcement.
President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency’s journey towards possible mainstream acceptance. Under Trump’s new order,