Strategic Bitcoin Reserve

A collection of 77 posts

Bitcoin

Coinbase CEO Brian Armstrong Predicts Bitcoin Will Surge to Millions of Dollars

In a recent appearance on CNBC, Coinbase CEO Brian Armstrong shared his bullish outlook on Bitcoin, suggesting that the cryptocurrency could see its value soar into the "multiple millions" in the coming years. Armstrong's optimism is grounded in several pivotal developments he sees on the horizon

Strategic Bitcoin Reserve

Trump Eyes Bitcoin Reserve Amid Talks with Michael Saylor and Marathon Digital

Michael Saylor, the visionary behind MicroStrategy, along with key executives from Bitcoin mining company Marathon Digital, recently convened with members of President-elect Donald Trump's incoming administration. This meeting, which took place amidst a reception hosted by Vice President JD Vance, hints at a potential shift in U.S.

Strategic Bitcoin Reserve

Massachusetts Senator Proposes Bill to Create State Bitcoin Reserve

In a significant move for the crypto space in the United States, Massachusetts State Senator Peter Durant has introduced legislation aimed at establishing a strategic Bitcoin reserve for the state. This development mirrors actions taken by other states like Texas, Pennsylvania, and Oklahoma, which are also considering similar legislative measures

Strategic Bitcoin Reserve

Coinbase Advocates for US Bitcoin Strategic Reserve

Coinbase, the nation's leading crypto exchange, has publicly endorsed the concept of a U.S. strategic Bitcoin reserve. This endorsement came through a thoughtful blog post on "economic freedom" penned by CEO Brian Armstrong. As Armstrong has positioned himself as a de facto spokesperson for the

Donald Trump

Donald Trump's Crypto Strategy Will Elevate Cryptocurrency as National Priority

In a significant policy shift, US President-elect Donald Trump is set to designate cryptocurrency as a national priority through an executive order, according to insiders familiar with the matter. This move indicates a strategic pivot aimed at integrating the burgeoning crypto industry into the core of US policy frameworks. Under

Solana

Trump is Considering Solana, XRP, and USDC in America First Strategic Reserves

In a significant shift toward embracing various cryptocurrencies, Donald Trump is considering the inclusion Solana, XRP, and USDC in what he terms an "America-first strategic reserve." As Trump prepares to assume the presidency on January 20, the crypto community eagerly awaits the potential implications of his forthcoming executive

Strategic Bitcoin Reserve

Oklahoma State Representative Proposes Bitcoin as Strategic Reserve Asset

In a bold move to safeguard the financial future of its citizens, Oklahoma's State Representative Cody Maynard introduced House Bill 1203, which is aimed at being a strategic Bitcoin reserve. This legislative proposal aims to diversify the state's financial reserves by including Bitcoin as a hedge

Bitcoin

New Hampshire Explores Bitcoin for State Treasury Investments

New Hampshire is venturing into the world of crypto with a legislative proposal that would allow the state to establish a strategic Bitcoin reserve within its treasury. This initiative, spearheaded by State Representative Keith Ammon, aims to diversify state investments and potentially generate passive revenue, aligning with the state'

Bitcoin

Fidelity Predicts Governments Will Invest in Bitcoin Next Year

Fidelity Investments, a firm managing assets worth $5.4 trillion, has declared that 2025 might see significant government involvement in Bitcoin. The financial giant suggests that nation-states and central banks are on the brink of becoming the next major investors in this cryptocurrency, reflecting a shift towards recognizing Bitcoin as

Strategic Bitcoin Reserve

Federal Reserve Officials Dismiss Bitcoin Reserve Proposal in Heated Meeting

In a recent video clip that has stirred both the cryptocurrency community and traditional finance circles, Perianne Boring, founder and CEO of the Chamber of Digital Commerce, shares a startling account of her visit to the Federal Reserve. The purpose of her visit was to discuss the potential of establishing

Bitcoin

Switzerland Considers Creating Bitcoin Reserve

In a groundbreaking move, the Swiss Federal Chancellery has officially registered the Bitcoin Initiative aiming to integrate Bitcoin directly into the reserves of the Swiss National Bank through a constitutional amendment. This bold step underscores Switzerland's potential to pioneer significant shifts in monetary policy, leveraging the world'

Bitcoin

Germany's Free Democratic Party Calls for Bitcoin to Become a Reserve Currency

Christian Lindner, once the helm of Germany's finance ministry and now the leader of the Free Democratic Party (FDP), has voiced a significant critique against the country's current leadership for their apparent lack of vision in recognizing Bitcoin's potential. His comments come at a

Bitcoin

Japan Rejects Satoshi Proposal for National Strategic Bitcoin Reserve

In a clear and decisive stance, the Japanese government has declared its disinterest in adopting Bitcoin as part of its foreign exchange reserves. This announcement, comes as a response to queries by Senator Satoshi Hamada, a member of the Party to Protect the People from NHK. The government, through its

Crypto

U.S. Congress Expected to Prioritize Crypto Legislation in 2025

As we step into 2025, the landscape of cryptocurrency legislation in the United States is poised for significant transformation. With a new Congress and the pro-crypto stance of President-elect Donald Trump, the environment seems ripe for legislative advancements that could redefine the regulatory framework for digital assets. The House Financial

Bitcoin

Ohio Lawmaker Proposes State Bitcoin Reserves for Financial Future

Ohio's legislative landscape is poised for a digital transformation as Derek Merrin, the Leader of the Ohio House Republicans, introduces the Bitcoin House Bill 703. This groundbreaking bill aims to establish an "Ohio Bitcoin Reserve" within the state treasury, marking a significant step towards integrating Bitcoin

Bitcoin

Bitcoin Policy Institute Drafts Executive Order for Strategic Bitcoin Reserve

In what could be a monumental shift in U.S. economic strategy, the Bitcoin Policy Institute has drafted an Executive Order aimed at creating a Strategic Bitcoin Reserve under President Trump's administration. This move, if enacted, would not only acknowledge Bitcoin as a legitimate financial asset but also

Bitcoin

El Salvador President Nayib Bukele Shows Off His Bitcoin Wallet, Has Over $630 Million

El Salvador's President Nayib Bukele has once again caught the world's attention by showcasing the fruits of his nation's Bitcoin investment strategy. Bukele recently took to X (formerly known as Twitter) to share a screenshot of El Salvador's Bitcoin wallet, revealing a

Bitcoin

Trump Confirms Bitcoin Reserve Strategy, Could Propel Crypto to New Heights

In a surprising twist that has sent shockwaves through the financial world, former President Donald Trump has not only embraced the cryptocurrency space but has promised a strategic move that could redefine America's economic landscape. His recent comments on CNBC have sparked a frenzy among investors and traders,

Bitcoin

Japanese Lawmaker Named Satoshi Advocates for a National Strategic Bitcoin Reserve

In an interesting twist, Japanese lawmaker named Satoshi Hamada, a member of Japan's House of Councillors, has proposed the establishment of a national strategic Bitcoin reserve. This proposal, submitted on December 11 to Japan's National Diet, marks a significant step in the country's approach

Bitcoin

Texas Introduces Legislation for Establishing a Strategic Bitcoin Reserve

The Texas House of Representatives has introduced a new Bitcoin bill today. House Bill 1598, known as the Texas Strategic Bitcoin Reserve Act, is a legislative push to establish a state-held Bitcoin reserve, propelling Texas into the forefront of global crypto discussions. This legislation, introduced by Representative Giovanni Capriglione, seeks

Bitcoin

Russia Embraces Bitcoin Strategic Reserve for Economic Resilience

In a move that could reshape Russia's economic landscape, State Duma Deputy Anton Tkachev has proposed the establishment of a strategic Bitcoin reserve for the country. According to RIA Novosti, a state-owned domestic news agency, Tkachev, a member of the New People party, has sent a document to

Bitcoin

Vancouver Mayor Pushes for City to Embrace Bitcoin

In a move that signals a burgeoning acceptance of cryptocurrency, Vancouver Mayor Ken Sim has introduced a novel strategy to integrate Bitcoin into the city's financial fabric, aiming to make Vancouver a beacon for crypto enthusiasts. This initiative comes at a time when Bitcoin has soared past the

Bitcoin

Brazil Sets Sights on Bitcoin Sovereignty with Proposed National Reserve

In a bold move that underscores Brazil's ambition to lead in the digital economy, Congressman Eros Biondini has introduced a bill to create what could be known as the Reserva Estratégica Soberana de Bitcoins (RESBit). This proposed Bitcoin Sovereign Strategic Reserve aims to diversify Brazil's national

Bitcoin

Senator Lummis Advocates for U.S. to Swap Gold for Bitcoin in Strategic Reserve Plan

U.S. Senator Cynthia Lummis has introduced a bold economic strategy that could potentially reshape the U.S. financial landscape. During her appearance on CNBC this morning, Senator Lummis elaborated on her proposal for establishing a strategic Bitcoin reserve, suggesting a novel approach to managing the national debt and bolstering

Bitcoin

VanEck Endorses Donald Trump's Vision for Bitcoin in U.S. Reserves

In a significant move that underscores the evolving relationship between finance and cryptocurrency, VanEck, a renowned asset management firm, has openly supported Donald Trump's proposal to include Bitcoin in the U.S. financial reserves. This endorsement marks a pivotal moment, reflecting not only on the acceptance of digital