Skip to main content

Tag: Crypto Strategic Reserve

US Treasury Secretary Revises Bitcoin Treasury Stance

US Treasury Secretary Scott Bessent initially stated the government would not purchase additional Bitcoin for its strategic reserve, relying solely on seized assets valued at $15-20 billion. He later clarified that budget-neutral methods to acquire more BTC are still under exploration, reversing earlier remarks that caused a sharp market dip. Bitcoin and Ethereum prices fell over 3% and 2% respectively following the initial...

Bitcoin, Crypto Strategic Reserve, Front page, News

Continue reading

Texas Leads Crypto Innovation with Strategic Bitcoin Reserve

Historic Legislation: Texas became the first U.S. state to establish a state-backed Bitcoin reserve through Senate Bill 21, signed into law on June 21, 2025. Purpose: The reserve aims to hedge against inflation and diversify Texas’ financial reserves, managed by the Texas Comptroller of Public Accounts. Investment Scope: The fund is limited to cryptocurrencies with an average market capitalization of at least $500 billion over the...

Bitcoin, Crypto Strategic Reserve, Front page, News, Texas

Continue reading

No Cap on Bitcoin: Trump Admin’s Bold Vision for a Crypto Stockpile

The Trump administration is advocating for an expansive Strategic Bitcoin Reserve, with a White House official stating there should be “no limit” to its size during a recent crypto summit. The reserve, established via a March 6, 2025, executive order, starts with approximately 200,000 BTC seized from criminal cases, valued at around $17 billion. Plans include budget-neutral strategies to acquire more Bitcoin,...

Bitcoin, Crypto Strategic Reserve, Front page, Trump

Continue reading

Crypto’s Big Day: Trump’s Reserve and White House Crypto Summit

Trump signed an executive order on March 6, 2025, creating a Strategic Bitcoin Reserve using seized assets. The White House Crypto Summit on March 7 aims to shape U.S. crypto policy, with potential altcoin reserve expansions. Bitcoin hit $92,000, and the crypto market cap surpassed $3 trillion amid the news. Experts debate centralization risks versus DeFi’s ethos of autonomy. Trump’s Bitcoin Gambit: A Strategic Reserve...

Crypto Strategic Reserve, Front page, Trump

Continue reading

U.S. Navigates New Economic Terrain with Cryptocurrency Reserve and Trade Tariffs

President Donald Trump announces the creation of a U.S. Strategic Cryptocurrency Reserve, aiming to bolster the nation’s position in the digital financial landscape. The reserve will include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), and Solana (SOL). Simultaneously, the administration imposes tariffs: 25% on imports from Canada and Mexico, and an additional 10% on Chinese...

Crypto Strategic Reserve, Front page, Tariffs, Trump

Continue reading

© Cryptopress. All rights reserved.