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Cryptocurrency News Articles
Donald Trump Signs Order to Create U.S. Strategic Bitcoin Reserve
Mar 07, 2025 at 09:00 am
Crypto Czar David Sacks revealed that President Donald Trump has officially signed an Executive Order to establish the Strategic Bitcoin Reserve.
A new report from Crypto Czar David Sacks on X claims that former President Donald Trump has signed an Executive Order to establish the Strategic Bitcoin Reserve.
The initiative will see the government consolidate Bitcoin obtained through criminal and civil asset forfeiture proceedings into a reserve.
This reserve will be used as a store of value, with the government opting to hold the digital asset rather than selling it off.
The federal government currently holds an estimated 200,000 Bitcoin, although no complete audit has ever been conducted. The Executive Order also mandates a full accounting of all federal digital asset holdings to provide transparency.
A recent report stated that it would be impossible for taxpayer money to be used for the Strategic Crypto Reserve without approval from Congress. To circumvent this, officials are exploring avenues such as repurposing seized Bitcoin or creating a sovereign wealth fund.
This Is A Developing Story, Please Check Back For More
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- Introducing Cocoro (COCORO), the New Meme Coin from the Makers of the Original Doge Meme
- Mar 10, 2025 at 04:55 am
- The coin's debut coincided with a blog post from Atsuko Sato, the owner of the late Kabosu—the Shiba Inu that inspired Dogecoin—introducing her newly adopted 10-year-old rescue dog, Cocoro.
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- Michael Saylor pitches bitcoin (BTC) as a strategic asset to the White House
- Mar 10, 2025 at 04:55 am
- During the recent crypto summit at the White House, Michael Saylor, co-founder of Strategy, presented an ambitious strategy aimed at generating up to $100 trillion of economic value over the next decade by adopting clear regulation on digital assets and strategically integrating bitcoin into national reserves.
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- Dogecoin (DOGE) Surges Past 1 Billion Tokens Exchanged in a Single Day, Sparking Curiosity Among Traders
- Mar 10, 2025 at 04:45 am
- This increase in activity has sparked curiosity among traders and market analysts alike. However, despite the heightened volume, Dogecoin's price action is still facing significant resistance, and its future appears uncertain.
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- In the Fast-Paced World of Meme Coins, Arctic Pablo Coin (APC) Stands Out
- Mar 10, 2025 at 04:45 am
- In the fast-paced world of cryptocurrencies, meme coins are making waves as more investors seek out the next big thing. From exciting presales to skyrocketing ROI, the market for meme coins is hotter than ever. Among these, Arctic Pablo Coin (APC) stands out with its unique features and the promise of significant returns.
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