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"If we do get a bitcoin strategic reserve where the government is buying bitcoin … $200,000 bitcoin is going to be looking quaint. You're going to be looking at $300,000, $400,000, $500,000 bitcoin.
What would a bitcoin reserve do? In the same week that Trump pledged to create a national stockpile, Wyoming Senator Cynthia Lummis put out the leading blueprint for what one could look like.
And it fits into Trump's plans to support the Bitcoin mining ... strategic Bitcoin reserve a reality. Right now, prediction markets are giving it about a 33% chance of happening within the first ...
A previous huge and important U.S. strategic reserve was for petroleum, founded in 1975 as a response to price and supply disruptions after the 1973 Arab oil embargo.
While some forecasters have predicted a bitcoin reserve could help the token more than double in price in 2025, to as high as $250,000, others believe it could rocket much higher if the government ...
The charts below compare the price appreciation of Bitcoin, the S&P 500, and Nasdaq Composite between Jan. 20, 2017 (Trump's first inauguration), and Dec. 6, 2024. The obvious takeaway is that ...
Bitcoin's record-setting rally will push the crypto to a $500,000 price tag by the end of 2028, according to Standard Chartered. There are two reasons behind the bank's sky-high forecast: better ...
After a blistering post-election rally that saw Bitcoin (CRYPTO: BTC) soar by nearly 40%, investors were quick to credit the pro-crypto optimism surrounding a Donald Trump presidency. While ...