"The executive order, as a whole, is mostly aspirational and symbolic. But the direction it points, I think, is quite bullish," a crypto market source told BI.

President Donald Trump signed an executive order on Thursday that would possibly create a national digital asset stockpile for the first time along with promoting the advancement of cryptocurrencies.

By Douglas Gillison, Tom Bergin, Chris Prentice and Isla Binnie WASHINGTON - President Donald Trump’s administration is expected to usher in a boom time for crypto but a Reuters review shows very few members of the incoming congress are invested in bitcoin or other digital currencies.

President Donald Trump and First Lady Melania Trump both launched meme coins on Monday, but experts say they may not be reliable investments.

President Donald Trump’s meme coin may be a textbook cash grab — not unlike his $60 made-in-China Bibles and his $400 gold sneakers — but it’s not the kind of venture that can catapult his wealth into the stratosphere.