Forwarded from infinityhedge
TRUMP CONSIDERING EXEC ORDER TO CREATE BTC RESERVE TOMORROW: BBG
BITCOIN RESERVE MAY BE ESTABLISHED WITH SEIZED BTC, BUY MORE: BBG
TRUMP ACTIONS STILL BEING DISCUSSED, COULD CHANGE: BBG
*Trump may announce that the government will stop selling cryptocurrencies it confiscates in criminal cases, and use them to establish a national stockpile.......Another potential proposal would affect the tax treatment of crypto.
BITCOIN RESERVE MAY BE ESTABLISHED WITH SEIZED BTC, BUY MORE: BBG
TRUMP ACTIONS STILL BEING DISCUSSED, COULD CHANGE: BBG
*Trump may announce that the government will stop selling cryptocurrencies it confiscates in criminal cases, and use them to establish a national stockpile.......Another potential proposal would affect the tax treatment of crypto.
Forwarded from Watcher Guru
JUST IN: 🇺🇸 President Trump considers signing executive order to create a Strategic Bitcoin Reserve tomorrow.
@WatcherGuru
@WatcherGuru
I fear maket will sell the news no matter how bullish the news are going to be.
Usually, even when the news are good, we probably pump just to sell off.
I hope to be wrong
Usually, even when the news are good, we probably pump just to sell off.
I hope to be wrong
Forwarded from unfolded.
TRUMP SIGNS EXECUTIVE ORDER TO ESTABLISH STRATEGIC BITCOIN RESERVE: SACKS — link
X (formerly Twitter)
David Sacks (@davidsacks47) on X
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings.…
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings.…
IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings.
The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.
The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department.
The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.
The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department.
If I understand correctly, they are not buying anything but hold their seized funds
Forwarded from Crypto News Aggregator by EXCAVO
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⚡️🇺🇸 #BTC President Trump signs an Executive Order establishing the Strategic Reserve of Bitcoin for the United States
Crypto News Aggregator by EXCAVO
⚡️🇺🇸 #BTC President Trump signs an Executive Order establishing the Strategic Reserve of Bitcoin for the United States
For me it appears that Trump thinks he kept his promise with this exec order.
Forwarded from DiveInDefi
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Pretty sure this is not how it goes
unfolded.
TRUMP SIGNS EXECUTIVE ORDER TO ESTABLISH STRATEGIC BITCOIN RESERVE: SACKS — link
"The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers. "
They can purchase more BTC.
I think alt season is cancelled or at least delayed again.
We will see a crazy day
They can purchase more BTC.
I think alt season is cancelled or at least delayed again.
We will see a crazy day