Opinion: Trump's Strategic Bitcoin Reserve Is Just Another Scam
2 weeks, 2 days ago

Opinion: Trump's Strategic Bitcoin Reserve Is Just Another Scam

Huff Post  

WASHINGTON – Imagine if President Bill Clinton created a Strategic Beanie Baby Reserve, hoping the ugly dolls could someday pay down the national debt. “They’re just used to gamble.” Even Avik Roy ― once a top policy adviser to Republican presidential nominee Mitt Romney who believes that stockpiling specifically Bitcoin, because of its finite supply and wide acceptance, might be a good way to hedge against what he sees as a looming budgetary and monetary crisis ― sees no reason to “line the pockets” of some “random billionaires” by elevating non-Bitcoin crypto. As late as the summer of 2021, Trump had no problems describing crypto for what it is: “Bitcoin, it seems like a scam” — specifically, a “greater fool” scam, which relies on you finding someone gullible enough to spend even more than you did for something with little or no intrinsic value. At Friday’s “crypto summit” Trump convened at the White House, he made clear his total reversal on the topic was complete: “Last year I promised to make America the Bitcoin superpower of the world, and the crypto capital of the planet, and we’re taking historic action to deliver on that promise.” The actual order Trump signed Thursday was not as bad as critics had feared. The normalization of crypto as an investment “asset” — even though it pays no interest like bonds, generates no dividends like stocks and you can’t live in it like a house — is precisely what the giant financial industry that has evolved to take advantage of people’s desire to buy imaginary money wants.

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History of this topic

Decoding Trump’s Strategic Bitcoin Reserve: How Will It Work?
1 week ago

Decoding Trump’s Strategic Bitcoin Reserve: How Will It Work?

ABP News  

In a move reminiscent of Roosevelt’s strategic gold reserves during the Great Depression, US President Donald Trump’s Strategic Bitcoin Reserve plan has set the crypto space abuzz. Technical Insights: Structuring The Reserve A strategic Bitcoin reserve would require meticulous technical management like multi-signature wallets, cold storage solutions, and advanced blockchain analytics to ensure security and transparency. Geopolitical Chessboard: Implications For …

Trump's bitcoin reserve a 'digital Fort Knox'
1 week, 2 days ago

Trump's bitcoin reserve a 'digital Fort Knox'

Raw Story  

The creation of a "Strategic Bitcoin Reserve" in the United States is further proof of President Donald Trump's support for the cryptocurrency sector. Trump earlier this month signed an executive order establishing the reserve, which White House crypto chief David Sacks has likened to "a digital Fort Knox", comparing it to the stockpiling of gold bars at the US military …

U.S. creates strategic bitcoin reserve worth $17 billion
1 week, 2 days ago

U.S. creates strategic bitcoin reserve worth $17 billion

Firstpost  

Trump issued an executive order establishing the reserve earlier this month, comparing it to “a digital Fort Knox” and the stockpiling of gold bars at the US military facility Representational image. Reuters The establishment of a “Strategic Bitcoin Reserve” in the United States is more evidence of President Donald Trump’s support for the cryptocurrency industry. Trump issued an executive order …

Trump Crypto Czar Sacks Sells Over $200 Million in Investments
1 week, 3 days ago

Trump Crypto Czar Sacks Sells Over $200 Million in Investments

Live Mint  

David Sacks, President Donald Trump’s adviser for artificial intelligence and cryptocurrencies, and his venture-capital firm Craft Ventures have divested more than $200 million worth of holdings related to the digital-asset industry, according to a memo released by the White House. Sacks and Craft Ventures sold all their liquid cryptocurrency holdings, including Bitcoin, Ethereum and Solana, prior to Trump’s inauguration, the …

Top Trump official’s crypto ties raise red flags as the administration peddles digital assets
1 week, 5 days ago

Top Trump official’s crypto ties raise red flags as the administration peddles digital assets

CNN  

New York CNN — At a White House summit last week, Commerce Secretary Howard Lutnick spoke passionately about the Trump administration’s plans to embrace cryptocurrencies, a largely unregulated industry that has historically operated on the fringes of finance. “And they have been, for the most part, unclear on exactly what they’ll be doing in terms of divestment and recusal.” Promoting …

The fool’s gold of a crypto reserve
2 weeks, 1 day ago

The fool’s gold of a crypto reserve

Live Mint  

President Trump held a summit on Friday with crypto-currency enthusiasts where he touted his plan to establish national stockpiles for bitcoin and other crypto tokens. Mr. Trump’s new executive order issued Thursday directs the Treasury Department to take custody and preserve government holdings of bitcoin and other crypto-currencies that agencies seize as part of investigations into wrongdoing. While Mr. Trump …

Trump’s crypto reserve: An odd idea with a silver lining for the world
2 weeks, 1 day ago

Trump’s crypto reserve: An odd idea with a silver lining for the world

Live Mint  

If any other owner of a cryptocurrency platform had announced a national reserve of cryptocurrencies, howls of protest over conflict of interest would have rent the air. When President Donald Trump declared that the US would create a Bitcoin reserve and a separate crypto stockpile, his fan base took it as a move to fulfil a campaign promise. Trump’s embrace …

Trump says Biden ’foolish’ to sell Bitcoin, his govt taking ’historic’ decision to make US crypto capital - key points
Trending News
2 weeks, 3 days ago

Trump says Biden ’foolish’ to sell Bitcoin, his govt taking ’historic’ decision to make US crypto capital - key points

Live Mint  

US President Donald Trump on Friday said that the Biden administration had sold a hefty amount of Bitcoin and called it a ‘foolish’ decision. “Last year, I promised to make America the Bitcoin superpower of the world and the crypto capital of the planet, and we're taking historic action to deliver on that promise” he said. The summit included crypto …

'Truly amazing': Nobel Prize winning economist warns Trump running 'giant rug pull scam'
2 weeks, 3 days ago

'Truly amazing': Nobel Prize winning economist warns Trump running 'giant rug pull scam'

Raw Story  

Donald Trump’s eyebrow-raising executive order authorizing the United States to establish a strategic reserve of cryptocurrency is the “ultimate celebrity endorsement” that sent Nobel Prize-winning economist Paul Krugman into a stinging rebuke of the president's "scam." “It’s truly amazing because, again, nobody has any idea what you do with, you know – a crypto reserve is just strings of ones …

Trump’s ‘Strategic Bitcoin Reserve’ Plan Comes With a Twist
55 years, 2 months ago

Trump’s ‘Strategic Bitcoin Reserve’ Plan Comes With a Twist

Wired  

US president Donald Trump has ordered his government to establish two national cryptocurrency reserves set to be worth many billions of dollars. In an executive order signed Thursday, Trump formalized the creation of a “strategic bitcoin reserve,” composed entirely of bitcoin, and a separate “national digital asset stockpile” featuring various other crypto coins. Though it leaves the door open for …

Trump hosts White House crypto summit day after signing ‘strategic bitcoin reserve’ order
2 weeks, 4 days ago

Trump hosts White House crypto summit day after signing ‘strategic bitcoin reserve’ order

Firstpost  

On Thursday night, Trump signed an executive order establishing a “Strategic Bitcoin Reserve,” a move that Sacks said made good on a campaign promise to an increasingly important component of his coalition. Bitcoin's price plunged up to 5.7 percent on March 7, 2025 after US President Donald Trump signed an executive order to establish a "Strategic Bitcoin Reserve" without planning …

What is Donald Trump’s Strategic Bitcoin Reserve and which cryptocurrencies have been added
2 weeks, 4 days ago

What is Donald Trump’s Strategic Bitcoin Reserve and which cryptocurrencies have been added

Live Mint  

US President Donald Trump on Thursday signed an executive order to create a ‘Strategic Bitcoin Reserve,’ endorsing cryptocurrency. The government stockpile, which can be likened to a "digital Fort Knox," will be composed of digital currency seized in US criminal proceedings, said David Sacks, the White House's crypto czar, emphasising in a social media post that Thursday's move was Trump's …

Trump signs executive order establishing 'Strategic Bitcoin Reserve'
Top News
2 weeks, 4 days ago

Trump signs executive order establishing 'Strategic Bitcoin Reserve'

Raw Story  

US President Donald Trump signed an executive order Thursday establishing a "Strategic Bitcoin Reserve," forcefully endorsing a currency once shunned as a tool for money launderers. The government stockpile, which backers liken to a "digital Fort Knox," will be composed of digital currency seized in US criminal proceedings, said David Sacks, the White House's crypto "czar," emphasizing in a social …

Trump signs executive order to establish government bitcoin reserve
2 weeks, 4 days ago

Trump signs executive order to establish government bitcoin reserve

Deccan Chronicle  

President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency's journey towards possible mainstream acceptance. Under Trump's new order, the U.S. government will retain the estimated 200,000 bitcoin it's already seized in criminal and civil proceedings, according to Trump's “crypto czar” David Sacks. The executive order calls for a “full …

Trump signs executive order to establish government bitcoin reserve
Top News
2 weeks, 4 days ago

Trump signs executive order to establish government bitcoin reserve

Associated Press  

▶ Follow live updates on President Donald Trump and his new administration. President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency’s journey towards possible mainstream acceptance. Under Trump’s new order, the U.S. government will retain the estimated 200,000 bitcoin it’s already seized in criminal and civil proceedings, according to …

Donald Trump signs executive order to form US strategic bitcoin reserve; what we know so far
Top News
2 weeks, 4 days ago

Donald Trump signs executive order to form US strategic bitcoin reserve; what we know so far

Live Mint  

US President Donald Trump on Thursday signed an executive order establishing the country's strategic bitcoin reserve. Explaining the details of the order, White House AI and Crypto Czar David Sacks said that the reserve will be capitalised with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. “President Trump promised to …

What to know about Trump’s plans for a ‘Strategic Bitcoin Reserve’
2 weeks, 4 days ago

What to know about Trump’s plans for a ‘Strategic Bitcoin Reserve’

LA Times  

President Trump speaks at a bitcoin conference in Nashville during his 2024 campaign. President Trump on Thursday signed an executive order to establish a “Strategic Bitcoin Reserve” and a stockpile of U.S. digital assets. The Trump administration then said Thursday that the president is establishing a strategic bitcoin reserve and a stockpile of U.S. digital assets. Trump said in his …

Trump pledges support for crypto sector at White House summit
2 weeks, 4 days ago

Trump pledges support for crypto sector at White House summit

NPR  

Trump pledges support for crypto sector at White House summit toggle caption Jim Watson/AFP President Trump invited cryptocurrency advocates to the White House Friday for a summit on digital assets, a first-of-its-kind event aimed at highlighting the significant shift in posture that the Trump administration is taking on crypto compared with its predecessors. The event came hours after Trump signed …

Crypto executives descend on Washington for a victory lap
2 weeks, 4 days ago

Crypto executives descend on Washington for a victory lap

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. Friday’s meeting will bring together a tight-knit circle of crypto elite, including Coinbase CEO Brian Armstrong and billionaire tech entrepreneur/bitcoin hype man Michael Saylor, among others. “I think the most important thing that’s going to happen tomorrow is all of us are going to express our gratitude to the …

Donald Trump's US Strategic Bitcoin Reserve. All you need to know
2 weeks, 4 days ago

Donald Trump's US Strategic Bitcoin Reserve. All you need to know

India Today  

US President Donald Trump issued an executive order on Thursday to create a Strategic Bitcoin Reserve and a stockpile of other digital assets, fulfilling his key Presidential campaign promise. US HOLDS NEARLY 200,000 BITCOIN Although there has never been an official audit, estimates suggest that the US government holds around 200,000 Bitcoin, stated Sacks. ESTABLISHMENT OF US DIGITAL STOCK PILE …

Bitcoin prices fall 5% after Donald Trump orders US strategic reserve
2 weeks, 4 days ago

Bitcoin prices fall 5% after Donald Trump orders US strategic reserve

India Today  

Bitcoin prices fell over 5% after US President Donald Trump signed an executive order to establish a strategic bitcoin reserve. The White House crypto czar, billionaire David Sacks, said on social media platform X that the reserve would be built using bitcoin owned by the US government. The White House crypto summit on Friday is expected to be a platform …

Trump creates a Strategic Bitcoin Reserve one day ahead of White House crypto summit
Top News
2 weeks, 5 days ago

Trump creates a Strategic Bitcoin Reserve one day ahead of White House crypto summit

CNN  

New York CNN — President Donald Trump established a Strategic Bitcoin Reserve and a stockpile of other digital assets through an executive order on Thursday, shortly before hosting a crypto summit at the White House. “Because there is a fixed supply of BTC, there is a strategic advantage to being among the first nations to create a strategic bitcoin reserve.” …

Trump’s crypto advisers weigh paths to a national stockpile
Top News
2 weeks, 6 days ago

Trump’s crypto advisers weigh paths to a national stockpile

Live Mint  

President Trump wants to build a federal cryptocurrency reserve. The president said Sunday he wanted bitcoin, ether and three smaller tokens in a stockpile similar to the country’s gold reserve. Trump didn’t say whether the reserve would make new crypto purchases or reassign existing holdings seized from criminals. An interagency working group Trump created by executive order is a month …

The five cryptocurrencies Trump wants the US to hold in reserve
2 weeks, 6 days ago

The five cryptocurrencies Trump wants the US to hold in reserve

The Hindu  

U.S. President Donald Trump has named five cryptocurrencies he wants to be part of a new strategic reserve - in other words, crypto holdings owned by the U.S. government. Here is what we know about the tokens, in the order Trump named them: XRP Created by the U.S. crypto company Ripple, XRP is the world's third-biggest cryptocurrency, with $140 billion …

Donald Trump’s Not-So-Strategic Crypto Reserve
Trending News
55 years, 2 months ago

Donald Trump’s Not-So-Strategic Crypto Reserve

Wired  

Donald Trump provoked a riot of cryptocurrency trading and accusations of favoritism on Sunday after identifying several coins that may feature in a future US strategic crypto reserve. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group …

Bitcoin dips 10% on Donald Trump’s strategic crypto reserve move; other cryptos down 20%
3 weeks ago

Bitcoin dips 10% on Donald Trump’s strategic crypto reserve move; other cryptos down 20%

Live Mint  

Bitcoin's price dropped by nearly 10 per cent on Monday, as growing trade tensions and uncertainty surrounding the establishment of a U.S. cryptocurrency reserve fund led investors to retreat from risk. Initially, Bitcoin and other digital assets surged following U.S. President Donald Trump's remarks about creating a national cryptocurrency reserve. Cryptocurrency prices surged early Monday after Trump mentioned five digital …

Even the crypto bros don’t love Trump’s proposed crypto reserve
3 weeks ago

Even the crypto bros don’t love Trump’s proposed crypto reserve

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. It’s “wrong to tax me for crypto bro schemes,” tweeted Joe Lonsdale, a tech entrepreneur who described himself in this thread as pro-crypto and broadly supportive of the Trump administration. Another tech executive, Michael Bentley of the UK-based Euler Labs, wrote on X that the reserve idea was a …

4 things to know about Trump's plan for a 'crypto strategic reserve'
3 weeks ago

4 things to know about Trump's plan for a 'crypto strategic reserve'

NPR  

4 things to know about Trump's plan for a 'crypto strategic reserve' toggle caption Jonathan Raa/NurPhoto via Getty Images President Trump has announced plans for a "Crypto Strategic Reserve," which would set up the United States to buy and sell cryptocurrency and could be a game changer for the industry. A senator's bill outlined how a federal strategic reserve could …

"The issue that derails his second term": Trump's crypto reserve gets pushback
3 weeks ago

"The issue that derails his second term": Trump's crypto reserve gets pushback

Salon  

It's been an up-and-down year for cryptocurrency since President Trump took office, pledging to make the U.S. the "crypto capital of the planet." So when he made his latest pro-crypto announcement, posting on Sunday that the U.S. government would purchase and hold digital tokens in a "Crypto Strategic Reserve," prices briefly surged. “It’s a pure transfer of wealth to certain …

Even the crypto bros don’t love Trump’s proposed crypto reserve
3 weeks ago

Even the crypto bros don’t love Trump’s proposed crypto reserve

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. It’s “wrong to tax me for crypto bro schemes,” tweeted Joe Lonsdale, a tech entrepreneur who described himself in this thread as pro-crypto and broadly supportive of the Trump administration. Another tech executive, Michael Bentley of the UK-based Euler Labs, wrote on X that the reserve idea was a …

Crypto's Next Bubble Will Be Politically Motivated
3 weeks ago

Crypto's Next Bubble Will Be Politically Motivated

Bloomberg  

Donald Trump is known for loving 19th-century President William McKinley, whom he credits for improving the US “through tariffs and through talent.” Now there’s another connection. Trump’s proposed national reserve of cryptocurrencies, including Bitcoin and memecoin-focused Solana, is reminiscent of the fight for a monetary system backed by both silver and gold in McKinley’s day. Still, his language goes beyond …

Trump Preparing Potentially Biggest Giveaway To Superrich Since Robber Baron Days
3 weeks ago

Trump Preparing Potentially Biggest Giveaway To Superrich Since Robber Baron Days

Huff Post  

White House "crypto czar" David Sacks and President Donald Trump will be hosting a crypto summit at the White House Friday. Ben Curtis via Associated Press WASHINGTON — Donald Trump is embarking on what could be the biggest giveaway to some of the country’s richest since the nation’s “robber baron” days by having the federal government acquire and hold cryptocurrencies, …

Trump sends crypto prices on a short-lived surge after announcement of strategic government reserve
3 weeks ago

Trump sends crypto prices on a short-lived surge after announcement of strategic government reserve

Associated Press  

▶ Follow live updates on President Donald Trump and his new administration. Cryptocurrency prices briefly jumped after President Donald Trump’s surprise announcement he wants the U.S. government to purchase and hold a variety of digital assets in a strategic reserve fund, an announcement that highlights Trump’s growing attempts to use volatile cryptocurrency prices as a barometer of his public support. …

Crypto market swells $500 billion as Trump unveils strategic reserve
Trending News
3 weeks, 1 day ago

Crypto market swells $500 billion as Trump unveils strategic reserve

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The crypto market has surged by more than half a trillion dollars after …

Bitcoin jumps 10% after Trump names cryptos for strategic reserve
3 weeks, 1 day ago

Bitcoin jumps 10% after Trump names cryptos for strategic reserve

Live Mint  

Bitcoin and other cryptocurrency prices jumped after President Donald Trump named them in a post about a crypto strategic reserve. The price of Bitcoin jumped more than 10% on Sunday, after President Donald Trump said it would be part of a Crypto Strategic Reserve, along with a handful of other digital currencies. In a post on Truth Social, Trump said …

Crypto prices see surge after Trump reveals names of five coins for 'crypto reserve'
3 weeks, 1 day ago

Crypto prices see surge after Trump reveals names of five coins for 'crypto reserve'

Firstpost  

The prices of three crypto coins mentioned in Trump’s first post jumped by 62 per cent on Sunday. Meanwhile, Bitcoin and Ethereum also jumped by more than 10 per cent each The market prices of five cryptocurrencies shot up after US President Donald Trump revealed the names of five coins that he’d like to be included in the new strategic …

Donald Trump’s US Strategic Crypto Reserve: What it is, how it helps, and its impact on cryptocurrency prices
3 weeks, 1 day ago

Donald Trump’s US Strategic Crypto Reserve: What it is, how it helps, and its impact on cryptocurrency prices

Live Mint  

The cryptocurrency market roared into March with a powerful rally, quickly recovering some losses from its worst month since 2022. The surge followed comments from President Donald Trump, who once again championed his plan for a US Strategic Crypto Reserve. "The crypto market gained strong momentum as Trump announced the Strategic Crypto Reserve, including tokens like XRP, Solana, and Cardano, …

'Issue that derails his second term': Trump move met with allegation of 'naked corruption'
3 weeks, 1 day ago

'Issue that derails his second term': Trump move met with allegation of 'naked corruption'

Raw Story  

Donald Trump over the weekend made a major announcement about cryptocurrency, leading onlookers to accuse the President of "naked corruption." "A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve …

Bitcoin up by 7%, Cardano jumps by 47% on Trump's US crypto reserves news
Trending News
3 weeks, 1 day ago

Bitcoin up by 7%, Cardano jumps by 47% on Trump's US crypto reserves news

India Today  

US President Donald Trump’s March 2 announcement about the creation of a US Crypto Strategic Reserve created a stir in the crypto world. In a Truth Social post, Trump stated that his January executive order on digital assets would establish a reserve consisting of XRP, Solana, and Cardano, apart from Bitcoin, and Ethereum. As a result, on March 3, the …

Crypto market surges $300 billion after Trump names 5 coins for strategic reserve
3 weeks, 1 day ago

Crypto market surges $300 billion after Trump names 5 coins for strategic reserve

India Today  

US President Donald Trump on social media announced the names of five digital assets he expects to include in a new US strategic reserve of cryptocurrencies on Sunday, spiking the market value of each. Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of currencies including bitcoin, ether, XRP, …

Donald Trump announces Crypto Strategic Reserve — ‘Will make sure US is Crypto Capital of the World’
3 weeks, 1 day ago

Donald Trump announces Crypto Strategic Reserve — ‘Will make sure US is Crypto Capital of the World’

Live Mint  

US President Donald Trump announced on Sunday, March 2, that the US Crypto Reserves will include cryptocurrencies like Solana, XRP, and Cardano in efforts to elevate America's crypto industry, according to a social media post on TruthSocial. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on …

Bitcoin, Ethereum prices spike after Trump names cryptocurrencies in strategic reserve
3 weeks, 2 days ago

Bitcoin, Ethereum prices spike after Trump names cryptocurrencies in strategic reserve

CNN  

CNN — U.S. President Donald Trump announced the names of five digital assets he expects to include in a new U.S. crypto strategic reserve on Sunday, spiking the market value of each. I will make sure the U.S. is the Crypto Capital of the World.” More than an hour later, Trump added another post: “And, obviously, BTC and ETH, as …

Donald Trump's big crypto bet: XRP, SOL & ADA added to US 'strategic reserve'
3 weeks, 2 days ago

Donald Trump's big crypto bet: XRP, SOL & ADA added to US 'strategic reserve'

India Today  

WEST PALM BEACH, Florida: US President Donald Trump on Sunday announced the names of three cryptocurrencies to be included in a new US crypto strategic reserve, spiking the value of each in market trading. Trump said on social media that his January executive order on digital assets would create a stockpile of currencies including XRP XRP, SOL SOL, and ADA. …

Bitcoin market rout worsens as investors ‘flood to the exits’
3 weeks, 4 days ago

Bitcoin market rout worsens as investors ‘flood to the exits’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Kathleen Brooks, an analyst at finance firm XTB, said: …

Bitcoin live updates: Crypto price tumbles to $89k after Trump tariffs create market panic
Top News
1 month ago

Bitcoin live updates: Crypto price tumbles to $89k after Trump tariffs create market panic

The Independent  

EEUU-CRIPTOMONEDAS Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The price of bitcoin has dramatically crashed amid broader fears across the …

Bitcoin price tanks below $92,000 mark, crypto investors lose $100 billion as Trump tariff threat looms
1 month ago

Bitcoin price tanks below $92,000 mark, crypto investors lose $100 billion as Trump tariff threat looms

Firstpost  

The selloff in risk assets, including Bitcoin, began last week, spurred by worries over the US economy. The slide was exacerbated by President Donald Trump’s escalating tariff threats and the Federal Reserve’s hawkish stance on interest rates Bitcoin’s volatility and lack of intrinsic value have been long-standing criticisms. The slide was exacerbated by President Donald Trump’s escalating tariff threats and …

Bitcoin price tanks below $92,000 mark, crypto investors lose $100 billion as Trump tariff threat looms
1 month ago

Bitcoin price tanks below $92,000 mark, crypto investors lose $100 billion as Trump tariff threat looms

Firstpost  

The selloff in risk assets, including Bitcoin, began last week, spurred by worries over the US economy. The slide was exacerbated by President Donald Trump’s escalating tariff threats and the Federal Reserve’s hawkish stance on interest rates Bitcoin’s volatility and lack of intrinsic value have been long-standing criticisms. The slide was exacerbated by President Donald Trump’s escalating tariff threats and …

Trump's crypto company launches strategic 'token reserve'
1 month, 1 week ago

Trump's crypto company launches strategic 'token reserve'

The Hindu  

World Liberty Financial, the new crypto platform in which President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to bolster Bitcoin, Ethereum and other cryptocurrencies "that are at the forefront of reshaping global finance." In addition to WLF, the Trump family's holdings include a majority stake in Trump Media & Technology Group, …

Expert flags curious timing of Trump purge as 'crypto scheme' investors lose billions
1 month, 1 week ago

Expert flags curious timing of Trump purge as 'crypto scheme' investors lose billions

Raw Story  

President Donald Trump's dismantling of the Consumer Financial Protection Bureau is almost certainly illegal under the separation of powers — but, wrote former Labor Secretary Robert Reich in a lengthy post to Facebook, even beyond that, the timing of the move raises suspicions. "Thousands of investors in Trump’s crypto scheme lost $2 billion in just weeks while the Trump Organization …

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