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Bitcoin

Trump’s Bitcoin Reserve Stirs Crypto Chaos: What You Need to Know

Trump’s Bitcoin Reserve Stirs Crypto Chaos: What You Need to Know

2025-03-07
The U.S. President signed an executive order to create a strategic bitcoin reserve, impacting cryptocurrency markets. The reserve plans to safeguard over 200,000 bitcoins from legal seizures, likened to a digital Fort Knox. Key digital assets included are Bitcoin, Ether, XRP, Solana, and Cardano, reflecting confidence in their future. Questions arise over management structure, potential conflicts of interest, and taxpayer

Ethereum

Blockchain

Trump’s Bold Move: The U.S. Unveils Strategic Bitcoin Reserve, Shakes Up Global Crypto Markets

Trump’s Bold Move: The U.S. Unveils Strategic Bitcoin Reserve, Shakes Up Global Crypto Markets

2025-03-07
President Trump has initiated the United States Strategic Bitcoin Reserve and Digital Asset Stockpile through an executive order. This bold move aims to transform seized cryptocurrency into strategic assets without burdening taxpayers. The crypto market experienced immediate volatility, with Bitcoin’s value dropping 5% from $90,000 to under $85,000. Speculation rises over increased U.S. Bitcoin acquisitions and government influence in crypto