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.
Trump once called bitcoin "a scam against the dollar," but he has since changed his stance — and profited from crypto.
Bitcoin, Donald Trump
On the campaign trail, Trump courted crypto cash with promises to be a "crypto president," and the industry wants him to make good on that pledge with executive orders creating a bitcoin stockpile, ensuring the industry can access banking services, and creating a crypto council, the people said.
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers?
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What A Trump Presidency Could Mean For Digital Assets
Trump appoints Bo Hines to presidential council on digital assets
U.S. President-elect Donald Trump on Sunday said he was appointing Bo Hines, who previously ran to represent a North Carolina district in Congress, as executive director of the Presidential Council of Advisers for Digital Assets that will be chaired by incoming crypto czar David Sacks.
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Trump appoints NC congressional candidate Bo Hines to "Crypto Council"
Cryptopolitan on MSN12h
What will happen if Putin’s Russia launches a national Bitcoin strategic reserve before Trump’s America?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
From Donald Trump’s strategic Bitcoin reserve to the potential for a Santa rally, fintech CEOs had plenty to say about the world’s most popular cryptocurrency
From his initial campaign and victory back in 2016, to running for president again after losing the 2020 election, Trump has been a relevant figure in politics for nearly a decade. This is roughly the same time during which Bitcoin emerged as a popular mainstream item, introducing cryptocurrencies in the financial world.
While markets eagerly await Trump's potential move on a national bitcoin reserve, several states are already making moves to start holding the crypto.
TikTok’s future and Bitcoin’s value appear to be intertwined with the president-elect. A second Donald Trump presidency is expected to be consequential in many ways, and its impact on the tech sector will be a key area after he enters office in January.
Cryptocurrencies fell this weekend and into today, as investors grappled with a potentially more hawkish Federal Reserve, which could lead to fewer rate cuts than hoped for in 2025. The price of Bitcoin (CRYPTO: BTC),
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