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Samson Mow Says US Government Will Acquire More BTC for Strategic Bitcoin Reserve To Beat China’s Holdings

Samson Mow Says US Government Will Acquire More BTC for Strategic Bitcoin Reserve To Beat China’s Holdings

Samson Mow, the CEO of Bitcoin-focused tech firm JAN3, believes that the US has a legitimate reason to increase its BTC holdings. Mow says on the social media platform X that some crypto investors find the Strategic Bitcoin Reserve (SBR) underwhelming as President Trump’s executive order largely focuses on not selling the government’s seized BTC. […]

The post Samson Mow Says US Government Will Acquire More BTC for Strategic Bitcoin Reserve To Beat China’s Holdings appeared first on The Daily Hodl.

‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash

Solana Co-Founder Anatoly Yakovenko Pushes Back Against US Crypto Reserve After Trump Includes SOL in Proposal

Solana Co-Founder Anatoly Yakovenko Pushes Back Against US Crypto Reserve After Trump Includes SOL in Proposal

Solana (SOL) co-founder Anatoly Yakovenko opposes the idea of the US establishing a crypto strategic reserve. In a post on the social media platform X, Yakovenko cites why he does not support Donald Trump’s decision to create a national reserve of digital assets, a move that the President says will ensure the US becomes the […]

The post Solana Co-Founder Anatoly Yakovenko Pushes Back Against US Crypto Reserve After Trump Includes SOL in Proposal appeared first on The Daily Hodl.

‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash

Bitcoin Price Drops As President Trump Creates Strategic Crypto Reserve

Bitcoin Price Drops As President Trump Creates Strategic Crypto Reserve

President Trump just signed an executive order creating a strategic Bitcoin and crypto reserve, triggering a “sell the news” event and an abrupt $5,000 drop in the price of BTC. BTC fell from $90,251 to $85,091 in less than an hour after Trump signed the order, which establishes a national Bitcoin and crypto stockpile by […]

The post Bitcoin Price Drops As President Trump Creates Strategic Crypto Reserve appeared first on The Daily Hodl.

‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash

Bitcoin Reserve Review is Top Priority for Trump Administration, Says Crypto Czar David Sacks

Bitcoin Reserve Review is Top Priority for Trump Administration, Says Crypto Czar David Sacks

White House AI and crypto czar David Sacks says the review of potential Bitcoin reserve is a top priority for the Trump administration. At a press conference with Republican lawmakers, Sacks said the President’s new working group on digital assets will first consider whether the US government should hold Bitcoin as a strategic reserve asset. […]

The post Bitcoin Reserve Review is Top Priority for Trump Administration, Says Crypto Czar David Sacks appeared first on The Daily Hodl.

‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash

US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares

The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say.

Establishing a strategic Bitcoin (BTC) reserve in the United States would accelerate Bitcoin’s adoption even more than 2024’s exchange-traded fund (ETF) launches, cryptocurrency researcher CoinShares said in a Jan. 10 blog post. 

In 2024, US lawmakers proposed the Bitcoin Act, which would direct the US Treasury Department to create a “strategic Bitcoin reserve” by purchasing 1 million BTC over a 5-year period. President-elect Donald Trump endorsed the plan, which has not yet been passed into law. 

“We believe that the enactment of the Bitcoin Act in the United States would have a more profound long-term impact on Bitcoin than the launch of ETFs,” CoinShares said.

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‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash

New Hampshire, North Dakota introduce bills for Strategic Bitcoin Reserve

According to Satoshi Action Fund CEO Dennis Porter, the North Dakota BTC bill “already has 11 sponsors.”

New Hampshire and North Dakota have become the latest US states to introduce legislation for a strategic Bitcoin reserve, signaling a continued push among lawmakers to diversify state treasuries with the cryptocurrency.

According to Satoshi Action Fund CEO Dennis Porter, the New Hampshire bill was introduced by Representative Keith Ammon, a Republican who represents the 40th District.

The New Hampshire bill doesn’t explicitly mention Bitcoin (BTC) but instead refers to “digital assets.” Porter said this is a way for state lawmakers to push through the legislation without causing political friction. 

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‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash

Steve Hanke Blasts Strategic Bitcoin Reserve Concept: ‘The Stupidest Idea’

Steve Hanke Blasts Strategic Bitcoin Reserve Concept: ‘The Stupidest Idea’Steve Hanke, professor of applied economics at Johns Hopkins University, has heavily criticized a possible strategic bitcoin reserve move in the U.S. Hanke stated that it is a stupid idea and would put “a drag” on the economy. Economist Steve Hanke Opposes Strategic Bitcoin Reserve Proposal Old-school economists have started criticizing the idea of allocating […]

‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash

Cryptoquant CEO: US Strategic Bitcoin Reserve Adoption Unlikely Amid Economic Strength

Cryptoquant CEO: US Strategic Bitcoin Reserve Adoption Unlikely Amid Economic StrengthSince Donald Trump was elected the 47th President of the United States, bitcoin advocates have faced skepticism about whether his administration and the forthcoming Congress would introduce a strategic bitcoin reserve. Cryptoquant CEO: ‘Bitcoin Standard’ Needs U.S. Economic Decline to Gain Traction Ki Young Ju, CEO of Cryptoquant, took to social media to voice his […]

‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash

Got rich off Bitcoin? Unchained explains how multisig wallets protect investors’ BTC

Everyone’s heard “Not your keys, not your coins.” Unchained head of research Joe Burnett explains how investors can protect their Bitcoin.

Bitcoin and its price are centerstage in the mainstream media again, and with prices trading near $100,000, the attention paid to the world’s first cryptocurrency is likely to intensify. 

Beyond investors’ day-to-day obsession with Bitcoin (BTC) price and the potential for President-elect Donald Trump to push for a strategic BTC reserve, a more serious concern should be evaluating whether or not one’s operational security is up to par. 

On Episode 48 of the Decentralize with Cointelegraph podcast, host Ray Salmond spoke to Unchained director of market research Joe Burnett about the best practices for securing a Bitcoin portfolio and growing the investment in a way that is tax efficient. 

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‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash

US Bitcoin reserve could slash national debt 35% by 2049: VanEck

VanEck has said a US Bitcoin reserve could majorly slash the national debt if the cryptocurrency grows to $42.3 million a coin by 2049.

The United States could reduce its national debt by 35% in the next 24 years if it creates a reserve of 1 million Bitcoin, in line with a bill proposed by Senator Cynthia Lummis, says asset management firm VanEck.

VanEck’s estimate assumed Bitcoin (BTC) will increase at a compounded annual growth rate (CAGR) of 25% to $42.3 million by 2049, while US national debt climbs at a 5% CAGR from $37 trillion at the start of 2025 to $119.3 trillion over the same time.

“The reserve could represent an estimated 35% of the national debt by 2049, offsetting ~$42 trillion of liabilities,” VanEck’s head of digital asset research, Matthew Sigel and investment analyst Nathan Frankovitz said in a Dec. 20 report.

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‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash