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Sen. Cynthia Lummis (R–Wyo.) has introduced a bill to make that strategic reserve real, working toward government ownership and stewardship of a million bitcoin—nearly 5 percent of the total ...
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 ...
Trump has suggested a bitcoin reserve would help the U.S. compete with other countries in the cryptocurrency space. "We're going to do something great with crypto because we don't want China or ...
Crypto bulls are eager to see Trump establish a "bitcoin strategic reserve." Supporters say the US could manage its debt if it buys and holds bitcoin now. Yet, sources tell BI they expect ...
WASHINGTON (Reuters) -Bitcoin hit a record high above $107,000 on Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve, stoking the enthusiasm of ...
Donald Trump's promise to turn the U.S. into a global hub for cryptocurrency innovation and his proposal to create a Bitcoin strategic reserve could lead to increased government oversight ...
The stock market crash of October 1929 led directly to the Great Depression in Europe. When stocks plummeted on the New York Stock Exchange, the world noticed immediately. Although financial leaders in the United Kingdom, as in the United States, vastly underestimated the extent of the crisis that ensued, it soon became clear that the world's ...
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 ...