• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

President Trump Creates Bitcoin Reserve and Pardons BitMex

user avatar

by Giorgi Kostiuk

9 days ago


President Donald Trump has made significant moves towards cryptocurrency regulation by establishing a Bitcoin reserve and pardoning BitMex executives.

Establishment of Bitcoin Reserve in the U.S.

Trump announced the formation of a strategic Bitcoin reserve comprising approximately 200,000 Bitcoins worth around $20 billion. These reserves will parallel existing national security assets, such as oil reserves.

Market Optimism Surrounding Cryptocurrency

The market and industry leaders reacted positively to the administration's actions, expecting a favorable impact on innovation and growth in the crypto economy. The current price of Bitcoin stands at $94,049.60 with a market capitalization of $1.87 trillion.

Long-Term Changes in Crypto Regulation

Trump's strategies could spark significant shifts in U.S. financial policy aimed at normalizing and integrating digital assets into legislation.

The overall direction taken by the Trump administration towards supporting cryptocurrencies could change the regulatory landscape and the creation of digital assets in the country.

0

Share

Other news

SHIB Shows Growth, DOGE Faces Pressure: Analyzing the Current Market State

On the cryptocurrency market, SHIB is up 11% while DOGE shows a decline. A review of the changes and perspectives for Web3 ai.

user avatarGiorgi Kostiuk

19 minutes ago

Bitcoin Reaches New High of $103,263.28 — Prospects and New Players in the Market

Bitcoin has crossed the $100,000 mark, opening new opportunities for investors and indicating the development of innovative projects.

user avatarGiorgi Kostiuk

20 minutes ago

Significance of BlackRock's SEC Meeting: Crypto Regulation on the Agenda

The BlackRock SEC meeting highlights the need for clear crypto regulation for institutional investment.

user avatarGiorgi Kostiuk

20 minutes ago

Top TRUMP Coin Holders Invited to Dinner with Donald Trump on May 22

Dinner with Donald Trump on May 22 for top TRUMP Coin holders promises unique opportunities and important announcements.

user avatarGiorgi Kostiuk

24 minutes ago

JD Vance's Participation at Bitcoin Conference 2025: Significance and Implications for the Crypto Industry

JD Vance's scheduled appearance at the 2025 Bitcoin Conference could impact the future of US crypto policy.

user avatarGiorgi Kostiuk

43 minutes ago

Troller Cat: The Next Meme Coin with Potential After Shiba Inu

Troller Cat is attracting attention as a potential next meme coin following Shiba Inu's success, featuring unique mechanics and strong community backing.

user avatarGiorgi Kostiuk

an hour ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.