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On 6 March 2025, the President of the United States, Donald Trump, signed an executive order establishing a strategic Bitcoin reserve, positioning the cryptocurrency alongside traditional assets such as gold and oil within the nation’s reserves. This groundbreaking move signifies the formal recognition of Bitcoin as a significant financial instrument, solidifying its role in the…
Shares of cryptocurrency-related companies fell sharply on Monday, following President Donald Trump’s recent executive order to establish a federal Bitcoin strategic reserve and rising concerns about U.S. economic policies. MicroStrategy (MSTR), the largest corporate holder of Bitcoin, saw its shares tumble by 13%, while Coinbase Global (COIN) and MARA Holdings (MARA) also faced significant losses…
In a bold move that has sent shockwaves through the financial world, U.S. President Donald Trump announced the creation of a U.S. strategic cryptocurrency reserve on 2 March 2025. This initiative aims to position the United States as a leader in the global digital asset landscape, marking a significant policy shift towards embracing cryptocurrencies. The…