Trump's bitcoin reserve a 'digital Fort Knox'
- President Donald Trump established a "Strategic Bitcoin Reserve" to support the cryptocurrency sector in an executive order.
- White House crypto chief David Sacks described the reserve as "a digital Fort Knox," emphasizing its significance.
- The reserve will be funded by approximately 200,000 bitcoins, valued at $17 billion, seized from various civil and criminal cases.
- Critics argue that cryptocurrencies lack intrinsic value and are considered risky compared to gold.
112 Articles
112 Articles
Will Trump’s Bitcoin Reserve Move the Needle?
In today’s crypto for advisors, Alex Tapscott explains what the Bitcoin Strategic Reserve is and why it matters to investors.Then, Bryan Courchesne from DAIM answers questions investors have about setting up a personal strategic reserve in Ask an Expert.– Sarah MortonYou’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.Will Trump’s Bitcoin Res…
Trump's crypto time bomb
While he dismissed Bitcoin as a scam during his first White House stint, Trump has now definitively changed tack. He warmed to cryptocurrencies during his re-election campaign, and to complete his conversion, on 6 March he signed an executive order to set up a “Strategic Bitcoin Reserve and a US Digital Asset Stockpile”.1 The United States government sensibly stockpiles a number of materials in case of an emergency, including oil, military gear,…
Executives Talk Bitcoin Purchases, Tornado Cash, and Tokenization at Trump’s White House Crypto Summit
Before the cameras started rolling at the inaugural White House Crypto summit on March 7, attendees were given the opportunity to pitch specific crypto policy ideas to the White House crypto team and top regulators. President Trump himself was not present for this discussion, and only attended the summit for roughly the 30 minutes that were broadcast. However, Crypto Czar David Sacks, Executive Director of the President’s Digital Assets Adviso…
President Trump Signals Decentralization The Future Of Finance
By Duggan Flanakin, CFACT |March 17, 2025 When President Donald Trump hosted his much-anticipated press conference last week, he spoke about a variety of topics — from the crypto economy to come in the United States to the long-needed innovation required for economic national security. His words drew attention to the ongoing revolution in the financial world that has been quietly reshaping markets for years.As digital assets visionary Olivier Ro…
Maximum Voltage in the Cryptocurrency World: Why Trump Moves From Hope to Nightmare for ‘Cryptobros’ · Global Voices
The beginning of the year is being frenzied for all kinds of investments. Bonds rise and capriciously lower their yields and also stocks swing overnight with important ups and downs. But it is the cryptocurrencies for their most speculative character, that take the first prize to volatility. A few twists often provoked by the irrepressible verb of the new White House tenant, Donald Trump, on tariffs and also on his willingness to “make the Unite…
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