Bitcoin fell 3.4% to $86,394 following the White House Digital Assets Summit, where President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve but did not provide clear details on future government crypto acquisitions. Investors were disappointed by the summit’s lack of clarity, as markets had anticipated a stronger commitment regarding the…
On Thursday, U.S. President Trump unveiled a newly formed strategic bitcoin reserve, funded through assets confiscated in criminal investigations. Industry insiders view this announcement as a pivotal moment, marking official acknowledgment of the premier decentralized cryptocurrency. Bitcoin Reserve Announced by Trump Propels Waves of Industry Discussion Trump’s bitcoin reserve declaration has captivated and astonished observers,…
In an unlikely move, Gianni Infantino president of FIFA (Fédération Internationale de Football Association), announced that his organization is seeking to partner with crypto firms to launch a cryptocurrency dubbed “FIFA coin,” that takes advantage of the organization’s strong global brand, a $170 billion soccer industry, and the sport’s 5 billion fans. Infantino made the…
President Donald Trump announced the creation of a strategic bitcoin reserve during the first-ever White House digital asset summit. Trump Sits Alongside Crypto Industry Leaders at Historic White House Summit Speaking at the historic event, Trump stated, “Yesterday, I signed an executive order officially creating our strategic bitcoin reserve, and this will be a virtual…
Bitwise Asset Management has launched a new exchange-traded product (ETP) that combines the growth of bitcoin with the defensive stability of gold. The Bitwise Diaman Bitcoin & Gold ETP (BTCG) started trading on Euronext Paris and Amsterdam on March 6, 2025. The product dynamically allocates between bitcoin and gold so investors get exposure to both…
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“Who’s Who” by one in the know: journalist Eleanor Terrett shares the White House Crypto Summit attendee list. JP Richardson, CEO of Exodus ($EXOD), which offers a multi-cryptocurrency wallet, is among perhaps under 20 invited attendees who are at today’s White House Crypto Summit, hosted by Donald Trump. Writing for Bitcoin News, Alex Lari informed…
The U.S. plans to acquire more bitcoin to expand its strategic reserve beyond seized assets, Treasury Secretary Bessent said, outlining the government’s approach to crypto accumulation. Treasury Secretary Bessent Unveils Plan for America’s First Bitcoin Reserve Treasury Secretary Scott Bessent shared plans on Friday for the United States to build a strategic bitcoin reserve following…
Michael Mo, CEO of KULR Technology Group, has orchestrated a fascinating pivot in corporate America; from thermal management for NASA spacecraft to pioneering bitcoin treasury adoption. A company that once focused exclusively on keeping spacecraft from overheating is now simultaneously protecting its financial future with sound money. KULR Technology Group, known for its NASA-backed thermal…
Andreas Kohl, a bitcoiner who moved to El Salvador three years ago, has decided to leave the country due to the new direction taken by the current administration regarding bitcoin and a series of promises that the government has failed to fulfill. El Salvador Disappoints Bitcoiners With New Policies, Unfulfilled Promises The new stance of…
