Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ

Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.

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Hong Kong to create Bitcoin reserves? Legislative Council's Johnny Ng says...

Legislative Council member Johnny Ng proposed the integration of Bitcoin into Hong Kong's financial reserves. Meanwhile, Trump pledged a strategic U.S. Bitcoin reserve, boosting national economThe post Hong Kong to create Bitcoin reserves? Legislative Council's Johnny Ng says... appeared first on AMBCrypto.

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Why is Bitcoin price volatile today?

The crypto market opens the week with whipsaw price action as Trump’s Bitcoin conference comments linger and investors anticipate US Federal Reserve rate cuts.

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Hong Kong legislator Johnny Ng advocates for Bitcoin, web3 development

Hong Kong politician Johnny Ng expressed interest in the concept of a national Bitcoin reserve, following Trump’s Bitcoin 2024 keynote speech — which included a plan for a U.S. Bitcoin reserve. In a post on X today, July 28, Ng,…

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US Senator Lummis unveils Bitcoin reserve legislation following Trump’s keynote

At Bitcoin 2024, Senator Cynthia Lummis proposed a more detailed plan for a strategic Bitcoin reserve to bolster the U.S. dollar and cement America’s global financial leadership. After days of anticipation, United States Senator Cynthia Lummis finally announced her proposed…

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‘Feels surreal’ — Bitcoin sticks to $68K as market ignores 200K BTC US election pledge

BTC price gains fail to materialize as Donald Trump and others promise to build a giant Bitcoin strategic reserve if elected.

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Trump’s Bitcoin 2024 keynote includes plan for US Bitcoin reserve

Donald Trump, the Republican presidential nominee, spoke at the Bitcoin 2024 conference in Nasvhille, praising the crypto industry and announcing his plan for a national Bitcoin reserve. Trump goes all-in on crypto At the just-concluded Bitcoin 2024 conference in Nashville…

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Trump Promises to Champion Bitcoin in Spirited Nashville Address

President Trump’s long-awaited appearance at Bitcoin 2024 lived up to expectations as Trump vowed to fire Gary Gensler on day 1, and establish a strategic reserve of Bitcoin.

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Trump Pledges to Hold Bitcoin as Strategic Reserve Asset if Elected President

Сообщение Trump Pledges to Hold Bitcoin as Strategic Reserve Asset if Elected President появились сначала на Coinstelegram.

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Bitcoin, Aave, BitTorrent, Conflux forecasts ahead of Trump’s speech

Cryptocurrency prices were muted this weekend as investors focused on the ongoing Bitcoin Conference in Tennessee and next week’s Federal Reserve interest rate decision.   Bitcoin held steady above $68,000 as speakers continued to make the case for cryptocurrencies.

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Trump-crypto speculation mounts: What will happen in Bitcoin Conference 2024?

Speculation grows about Trump announcing Bitcoin as a U.S. strategic reserve asset.  Trump’s Bitcoin endorsement might sway influential figures like Jamie Dimon.  With former President DThe post Trump-crypto speculation mounts: What will happen in Bitcoin Conference 2024? appeared first on AMBCrypto.

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Polymarket: Trump announcing a strategic Bitcoin reserve unlikely

Polymarket bettors do not seem confident that Trump will announce a U.S. Bitcoin strategic reserve. 

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Jefferies believes Trump’s ‘overt’ support for Bitcoin will benefit crypto stocks, gold miners

Wall Street investment bank Jefferies analysts believe former President Donald Trump’s “overt support” for Bitcoin and crypto, combined with anticipated higher inflation, larger fiscal deficits, and political pressure on the Federal Reserve, could undermine the US dollar’s dominance as a store of wealth.

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Bitcoin as US Reserve Asset: Can Trump do it and what would it mean?

Former US president Donald Trump is rumored to be planning to announce his desire to make Bitcoin a “strategic reserve asset” during an upcoming crypto conference, a move that could significantly impact the digital asset’s global status and value.

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Will Trump create a US Bitcoin strategic reserve?

Rumors are circulating that Trump could announce a U.S. Bitcoin strategic reserve, already causing significant buzz in the crypto community. Former US President Donald Trump is set to deliver a keynote speech at next week’s 2024 Bitcoin Conference in Nashville.…

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Mark Cuban: Inflationary Pressure Could See Bitcoin Become Global Reserve

Inflationary pressure and geopolitical uncertainty could see Bitcoin become a global reserve currency, states Cuban The billionaire believes Trump’s lower tax rates and tariffs could push up Bitcoin’s price Elon Musk plans to commit $45m a month to back Trump’s presidential run US billionaire Mark Cuban believes that through a combination of inflationary pressure and […] The post Mark Cuban: Inflationary Pressure Could See Bitcoin Become Global Reserve appeared first on CoinJournal.

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Trump Mulls Bitcoin as Reserve Asset in ‘SoftWar’ Strategy, Eyeing $1 Million Target

Сообщение Trump Mulls Bitcoin as Reserve Asset in ‘SoftWar’ Strategy, Eyeing $1 Million Target появились сначала на Coinstelegram.

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Trump's crypto pivot: Bitcoin as 'strategic reserve' for 2024 elections?

Donald Trump supports BTC as a strategic reserve asset. Trump's pro-crypto stand has inspired a voting bloc of crypto executives and owners. In a massive turn of events, former President DonThe post Trump's crypto pivot: Bitcoin as 'strategic reserve' for 2024 elections? appeared first on AMBCrypto.

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Trump could be considering Bitcoin as a reserve asset to join the ‘SoftWar’ road to $1 million

Jason Lowery, the author of “SoftWar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin,” revealed at the start of June that members of Donald Trump’s campaign administration have contacted him regarding his expertise on Bitcoin.

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Bitcoin Bombshell Sparks Trump’s Grim Prophecy for the US Dollar

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Bitcoin mining 'Made in the USA'? This is Donald Trump's plan

Donald Trump wants all the remaining Bitcoin to be “made in the USA.” Bitcoin's Miner Reserve sat at its lowest since February 2010. In a post on the social media platform Truth Social oThe post Bitcoin mining 'Made in the USA'? This is Donald Trump's plan appeared first on AMBCrypto.

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Standard Chartered: Trump being elected could be good for Bitcoin

A Standard Chartered report warns that the growing risk of U.S. fiscal dominance due to the Federal Reserve's potential debt monetization could drive investors to cryptocurrencies.

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Donald Trump Says US Dollar Loses Dominance: Time for Bitcoin to Become the World Reserve Currency?

Former President Trump warns of the dwindling status of the US dollar as the world's reserve currency, attributing it to domestic policies. Amid all this, Bitcoin is gaining attention as a plausible alternative.

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Fed Official Blames Banking Crisis on Trump Administration, Not Crypto

A lack of regulation and supervision, not the cryptocurrency industry, is to blame for the banking sector's recent woes, according to a Federal Reserve report. The post Fed Official Blames Banking Crisis on Trump Administration, Not Crypto appeared first on BeInCrypto.

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Trump Predicts US Economy to Recover by 2021 — Fed Chair, Economists Disagree

President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error. ” Officials say the numbers are artificially low, and Federal Reserve Chairman Jerome Powell and several economists have voiced their concerns.

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Trump’s Treasury Chief: Economic Stats Right Now Are ‘Not Relevant’

Although the economy seems to be teetering on the edge, U. S. Secretary of the Treasury Steven Mnuchin is not concerned. As BeInCrypto has been reporting recently, the Federal Reserve has been on something of a printing spree.

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Dow Futures Crash 1,041 Points as Fed Capitulates To Trump

Dow futures plunged as the Federal Reserve cut rates all the way down to the 0% lower bound. The Fed has capitulated to President Trump again, but it might not be enough to stave off recession due to coronavirus.

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Trump Calls Fed “Pathetic”

US President Donald Trump has just called the Federal Reserve and its chairman “pathetic,” stating: “Our pathetic, slow moving Federal Reserve, headed by Jay Powell, who raised rates too fast.

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Bitcoin Sells Off Like Stock Market Even After The Fed Cuts Rates by 50bp; Trump Wants More

Today, in a surprise move, the US Federal Reserve cut its benchmark interest rate by a half-percentage point to help mitigate the impact of the coronavirus on the market and economy. The officials were in unanimous agreement for an emergency cut to a range of 1% to 1.

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Dow Futures Leap after Trump Scolds Fed’s ‘Big Rate Cut’ Failure

President Trump urged the Federal Reserve to cut rates again - a move he believes will push the stock market higher. The post Dow Futures Leap after Trump Scolds Fed’s ‘Big Rate Cut’ Failure appeared first on CCN.com

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Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash

In this roundup, we cover numerous cryptocurrency regulatory developments in the U. S. , including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule.

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Digital Dollar Discussion Is ‘Extremely Important’ Urges Pres. Trump’s Fed Nominee

Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […]

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Trump Fed Nominee Judy Shelton Says US Should Be Proactive on Digital Dollar

Judy Shelton, President Trump’s nominee to the Federal Reserve Board, told lawmakers that digitizing the U.S. dollar could help maintain the currency’s ascendancy in global commerce.

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Trump’s Pick for Federal Reserve Is a Fan of Cryptocurrency

President Trump’s pick to lead the Federal Reserve, Judy Shelton, believes in a rules-based approach and a cryptocurrency-like gold standard. President Trump often picks fights with the Federal Reserve, claiming that the entity is stopping the economy from unleashing its full potential.

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Federal Reserve Considers Creating a Separate Entity for Cash Injections

While American President Donald Trump wages war with Iran, the U. S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday.

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‘Everything Discussed’ in Trump and Fed Meeting (Except Cryptocurrency)

US President Donald Trump has hosted an unscheduled meeting with Federal Reserve Chair Jerome Powell as of Monday. Despite claiming to have discussed “everything,” cryptocurrency appears to have been left entirely off the agenda.

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Stock Market Bubble to Grow Bigger as S&P 500 Targets 3,850, According to Bank of America

For U. S. stocks, overvaluation risks have lingered ever since President Trump won the White House. Analysts at Bank of America Merrill Lynch say the S&P 500 Index could have room to grow another 25% from current levels.

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Can Donald Trump Prevent a U.S. Housing Market Crash? Not Really

The Federal Reserve danced to the tune of President Donald Trump and slashed the federal funds rate once again this week in what is believed to give another boost to the U. S. housing market. The unpredictable trade war helped lift the housing market out of its recent slump https://t.

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Who Trump’s Blaming for Today’s Ugly Stock Market Nosedive

Stocks plunged on Thursday, headlined by the Dow’s nearly 200 point setback. President Trump railed against the “Impeachment Hoax” and Federal Reserve. However, analysts say the stock market is reacting to weightier concerns.

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Federal Reserve Capitulation Continues as FOMC Slashes Interest Rates to Prop Up Sinking Economy

The Federal Reserve lowered its benchmark interest rate by 25 basis points on Wednesday. It was the Fed’s third rate cut in as many meetings. Futures traders are pricing in a fourth rate cut for December.

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Dow Swings as Fed’s ‘Hawkish Cut’ Mixes with Trade War Uncertainty

The Dow Jones oscillated as the Federal Reserve cut interest rates, and Jerome Powell indicated that inflation pressures remain “muted. ” On the trade war front, disappointment hit the Dow as the APEC summit in Chile was canceled, removing hopes for Trump to sign a trade deal there with Xi Jinping.

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Dow Falters While Trump’s ‘Greatest Economy Ever’ Faces a Brutal Reality

The Dow, S&P 500, and Nasdaq all crept to a dull session ahead of the Federal Reserve’s interest rate decision and policy statement release. Third-quarter GDP beat estimates, but growth still slowed to 1.

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Trump Advisor and Former Fed Nominee Launches Fractional Reserve Stablecoin

Stephen Moore, Trump’s initial nominee for the post of Federal Reserve Chairman and close campaign advisor, has announced his latest venture – Frax – that runs a U. S. dollar stablecoin.

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Former Fed Nominee for President Trump to Launch Frax Stablecoin Not Pegged to USD

The former pick of President Donald Trump for the Federal Reserve (Fed), Stephen Moore, has recently affirmed that he will issue a new stablecoin, which is set to be backed by a fractional reserve. Moore is set to partner with Ralph Benko, a former deputy general counsel from the Reagan era, and with Sam Kazemian, […]

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Former Trump Advisor to Release Stablecoin Backed by Fractional Reserve

Former Donald Trump campaign adviser Stephen Moore is planning to launch a stablecoin that is stabilized by a fractional reserve

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Donald Trump’s former Federal Reserve nominee to launch stablecoin

President Trump’s previous nomination to the Federal Reserve, Stephen Moore reportedly announced to launch a U. S. dollar pegged cryptocurrency, Frax. In a interview with Fortune, Moore mentioned that his libertarian views led him to support cryptocurrency, which according to him, is an important alternative to state-backed money.

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Trump's Former Federal Reserve Nominee to Launch Stablecoin Called "Frax" in Coming Months

Conservative commentator Stephen Moore announces the upcoming launch of the new "Frax" stablecoin

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Trump Tweets Not Influencing Monetary Policy, Insists Dovish Fed Banker

Monetary policymaker Neel Kashkari wants to make one thing clear. Neither he nor his colleagues in the Federal Reserve are swayed by President Trump’s tweets when it comes to deciding the fate of short-term interest rates.

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Bitcoin is a cure to deflationary death spiral in the current market scenario claims Mark Yusko

According to many experts, the US economy could suffer another crack with the market indicators suggesting a potential recession at bay. Despite Federal Reserve Chairman, Jerome Powell asserting that US economy was in “a good place”, developments suggest the contrary.

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