Now, as a leak reveals Russia could beat the U.S. to a bitcoin reserve, Trump has been pitched a "capital markets renaissance fueled" by bitcoin to "unlock trillions in wealth" by MicroStrategy founder Michael Saylor.
Republican senator Cynthia Lummis has introduced a bill to congress, entitled the Boosting Innovation, Technology and Competitiveness Through Optimized Investment Nationwide (BITCOIN) Act, which proposes the U.S. buy 1 million bitcoins over five years to reduce the spiraling $35 trillion U.S. national debt.
Since pledging to make America the "crypto capital of the planet", Trump's promises to enact pro-cryptocurrency policies have helped push the value of bitcoin to new records. Can the great run continue?
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers?
Bitcoin pared earlier losses after capping its first weekly decline since Donald Trump’s election victory, while many smaller tokens turned higher on the day.
Center for Monetary and Financial Alternatives at Cato Institute - discusses crypto, strategic Bitcoin reserves, and Fed’s framework review
It remains unknown what the future holds for Bitcoin after it already reached the $100,000 threshold which was one of the top things that crypto fans and believers have been looking forward to for the top coin. But it is expected that it hasmore to give, especially as when Donald Trump officially begins his second term.
Russia wants to beat America to Bitcoin. The plan? A national Bitcoin reserve. If Vladimir Putin pulls this off before Donald Trump’s America, it won’t just
The crypto asset was down over 9 percent as of money, following a surge in price after President-elect Donald Trump's win.
El Salvador’s President Nayib Bukele may visit Russia, a diplomat claims, with a chance the LATAM leader could talk to Moscow about Bitcoin.
Bitcoin (CRYPTO: BTC) rallied to new all-time highs above $100,000 earlier this month before pulling back. The question remains: Is the world’s largest crypto done running for a while or will the party resume this holiday season?