The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.
Donald Trump, the self-styled bitcoin and crypto president, will reportedly issue several crypto-related executive orders on his first day back in the White
As the federal government prepares to consider a Strategic Bitcoin Reserve, states are weighing adopting reserves of their own
Fed hints at multiple 2025 rate cuts as Bitcoin rallies above $99K after CPI data. Altcoins surge with Solana up 8% and XRP gaining 15%.
Bitcoin ( BTC 4.81%) has led the way, rising 5.6% in the past 24 hours as of 12:30 p.m. ET and nearly crossing $105,000 per token. Ethereum ( ETH 3.33%) is up a more modest 2.6% in that time, and Dogecoin ( DOGE 8.00%) is up 7.3%.
The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.
There is a danger that forced or panic selling could lead to further bitcoin weakness and a break below $90K could lead to a 10% retracement, the report said.
The three real catalysts for Bitcoin's sustainable price rise include regulatory changes that enable wider institutional participation, relaxed restrictions on retirement investments, and increasing recognition of Bitcoin as a strategic reserve asset similar to gold.
Massachusetts Senator Peter Durant wants the state to establish a strategic Bitcoin reserve amid global clamor for the coin.
US Dollar and Bitcoin rise? Trump’s pro-crypto plans excite Bitcoin bulls as traders assess whether his policies can also strengthen the greenback.
Switzerland has proposed to adopt Bitcoin reserve, expanding the SNB's portfolio, which currently includes the dollar, euro, and gold.