2024-07-30 05:50:08
Finance
Politics

Trump's U.S. Strategic Bitcoin Reserve Plans Unveiled

President Trump announced plans for a U.S. Strategic Bitcoin Reserve, vowing not to sell the $14B in seized bitcoins.

Discussions at the Bitcoin Conference included RFK Jr.'s suggestion to link bitcoin to gold and the absence of Kamala Harris. Despite Trump's pledge, the US government moved $2B in Silk Road bitcoins, raising concerns.

Senator Lummis proposed making Bitcoin a strategic reserve, Coinbase secured US crypto assets, Novogratz criticized the move, and BlockTower doubted Bitcoin's role as a US reserve, given the existing $12B in US-held bitcoins.

The Street
25. August 2024 um 19:20

Trump announces plans to launch U.S. Strategic Bitcoin Reserve

Politics
Cryptocurrencies & blockchain
Economy
Finance
Trump promised a U.S. Strategic Bitcoin Reserve, never selling $14B in seized bitcoin. RFK Jr. proposed matching bitcoin to gold. The Bitcoin Conference saw security increases, fundraising, and Kamala Harris' decline to attend.
Cointelegraph.com News
30. Juli 2024 um 02:38

‘Tone deaf’ — US moves $2B Silk Road BTC after Trump’s stockpile pledge

Politics
Finance
The US government transferred $2B in Bitcoin seized from Silk Road, despite Trump's promise not to sell US Bitcoin; this follows Lummis' proposal to make Bitcoin a US strategic reserve, a Coinbase deal to safeguard US crypto assets, Novogratz's criticism of the 'tone deaf' move, and BlockTower's skepticism on Bitcoin becoming a US strategic reserve, as the US holds $12B in Bitcoin.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!