![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Bitcoin traders have been holding their breath in recent weeks, anticipating further clarity on US President Donald Trump's approach to digital assets.
Mar 26, 2025 at 10:28 pm
Bitcoin traders have been in a holding pattern in recent weeks, anticipating further clarity on US President Donald Trump's approach to digital assets.
Traders have been holding a watchful pattern in anticipation of further clarity on President Donald Trump's approach to digital assets, which could have a significant impact on cryptocurrency markets, especially in terms of the US government’s role in accumulating Bitcoin.
A senior White House official has disclosed that the administration is exploring avenues to integrate the nation's gold reserves in acquiring more of the cryptocurrency, potentially setting the stage for a major market shift, reports Forbes.
"If we actually realise the gains on (the US gold holdings), that would be a budget-neutral way to acquire more Bitcoin," stated Bo Hines, White House Executive Director of the President's Council Of Advisers on Digital Assets, in an interview with the Crypto in America podcast.
Hines added that the Trump administration has been examining multiple strategies and will ultimately choose the one deemed most effective for achieving the president's vision.
Hines further highlighted the Bitcoin Act 2025, introduced by Senator Cynthia Lummis, which proposes purchasing one million Bitcoin, approximately 5% of the total supply, over the years through the sale of Federal Reserve gold certificates to fund the initiative.
The discussion follows President Trump's recent remarks at a digital assets summit, where he reaffirmed his commitment to positioning the US as a global leader in Bitcoin and cryptocurrency.
"It is high time that our president started accumulating assets for the American people, which is what President Trump is doing rather than taking it away," said Hines, referencing an executive order by Trump preventing the sale of seized Bitcoin and other digital assets.
Trump himself touched upon this in a pre-recorded message at a cryptocurrency conference, where he stated, "I will make the US, the undisputed Bitcoin superpower and the crypto capital of the world."
He highlighted how cryptocurrencies, like Bitcoin, can be used to improve banking systems, provide more privacy and security, and ultimately foster greater economic growth.
As macroeconomic conditions, including trade disputes, fiscal uncertainty and geopolitical tensions, continue to influence market trends, analysts are
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
- title: Crypto Market Poised to Replicate the Dot-com Bubble, Triggered by a Surge in Internet Adoption
- May 14, 2025 at 11:00 am
- Trader Michaël van de Poppe tells his 785900 followers on the social media platform X that he's extremely bullish on the crypto market as mainstream institutional players begin to embrace the asset class.
-
-
-
-
-
- XRP price has increased by more than 3% in the last 24 hours and is now trying to climb above the important $2.60 level
- May 14, 2025 at 10:45 am
- A bearish signal that had been hanging over the market for months has finally been invalidated. Since the start of the year, analysts were watching a bearish divergence play out — but now, XRP's RSI on the 3-day chart has made a higher high.