News with the tag "Strategic Reserve"

Arizona’s legislature has passed a pioneering measure that could allow the state to invest billions of dollars in Bitcoin (BTC) and other cryptocurrencies. The legislation, known as S.B. 1025, permits state public funds to allocate up to 10% of their managed assets into digital assets, positioning A...

The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. "For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question,” said SNB President Martin Schlege...

President Donald Trump recently addressed the Blockworks Digital Asset Summit in New York City, outlining his ambitious aspirations to establish the United States as an important force in the cryptocurrency sector , with Bitcoin (BTC) at the forefront. Trump’s Vision For Maximizing Federal Holdings ...

In an interview with Bloomberg, Ripple CEO Brad Garlinghouse discussed the conclusion of Ripple’s lawsuit with the US Securities and Exchange Commission (SEC), as well as the company’s strategic outlook. Garlinghouse touched on everything from a potential IPO to the possibility of XRP playing a role...

About 51%, or the majority of Americans, do not support the creation of a cryptocurrency strategic reserve, a proposal that US President Donald Trump has been pushing since his election in November last year. A recent poll revealed that the majority of American voters oppose the establishment of a c...

Bitcoin Magazine US Senator And Congressman Introduce Strategic Bitcoin Reserve Bills To Buy One Million BTC Today at the Bitcoin Policy Institute’s “Bitcoin for America” summit in Washington DC, U.S. Senator from Wyoming Cynthia Lummis announced that she is going to reintroduce her strategic Bitcoi...

The Trump Administration’s Crypto Czar says the US could gobble up more Bitcoin ( BTC ) to add to its upcoming strategic reserve. In a new interview on the All-In Podcast, renowned venture capitalist and Crypto Czar David Sacks says that the government would be allowed to purchase more of the top cr...

President Trump's executive order calling for the formation of a strategic bitcoin (BTC) reserve and a crypto stockpile is a "pivotal moment" for the industry, investment bank KBW said in a research report Friday. The President directed his administration to establish a Bitcoin Strategic Reserve to ...

The Senate of Utah, seen by some observers as being the frontrunner to establish a bitcoin reserve , passed a Bitcoin bill that excluded provision for the state treasurer to invest in the largest cryptocurrency. Instead it provides the state's residents with basic custody protections and establishes...

Cryptocurrency markets are likely to remain under pressure in the short term owing to a lack of positive catalysts and skepticism about whether Congress will approve a U.S. strategic crypto reserve, JPMorgan (JPM) said in a research report Wednesday. "Not only is there skepticism about congressional...