Strategic Reserve

Many cryptocurrencies soared to new all-time highs after Donald Trump won the 2024 presidential election. With 2025 underway and Trump in the White House, Benzinga recently asked readers which cryptocurrencies they are buying. What Happened: Trump recently announced plans for a strategic crypto...

Bitcoin (CRYPTO: BTC) advocate Anthony Pompliano calls for the new Donald Trump administration to buy $250 billion in the leading cryptocurrency on day one of the new regime, as reports grow for a Bitcoin Strategic Reserve. What Happened: Pompliano was asked how Trump can make a difference for the...

Renowned economist Peter Schiff criticized Senator Cynthia Lummis‘ (R-Wyo.) proposed legislation to establish a U.S. Bitcoin (CRYPTO: BTC) reserve, arguing that it would lead to inflation. What Happened: On Monday, Schiff explained his point of view regarding the bill proposed by Lummis. The...

Renowned economist Justin Wolfers scoffed at pro-Bitcoin Senator Cynthia Lummis‘ (R-Wyo.) point of view that adding Bitcoin (CRYPTO: BTC) as a strategic reserve would cut down inflation and national debt. What Happened: On Monday, Wolfers, who is also a professor at the Ford School...

The U.S. government was seen moving millions in Bitcoin (CRYPTO: BTC) to cryptocurrency exchange Coinbase, sparking speculations about the true motivation behind the transfer. What Happened: According to on-chain data, a wallet linked to the U.S. government deposited 58.74 BTC, worth nearly $4...