Strike CEO Drops Bombshell: Trump Eyeing US Bitcoin Reserve on Day One via Executive Order

government has been circulating for some time now, but it was Jack Mallers’ recent appearance on the Timcast IRL podcast that really got people talking.

The Plan for a Strategic Bitcoin Reserve
Jack Mallers revealed during the podcast that President-elect Donald Trump plans to establish a strategic bitcoin reserve on his first day in office. This reserve would consist of a significant amount of bitcoin, which would be used to back the U.S. dollar and provide stability to the economy during times of crisis. This bold move would make the United States the first country to officially adopt bitcoin as a reserve currency.

What This Means for Crypto Traders
If President-elect Donald Trump follows through with this plan, it could have a major impact on the cryptocurrency market. With the U.S. government holding a significant amount of bitcoin, it could potentially increase the demand for the asset and drive up its value. This could make it an even more attractive investment for crypto traders, who may see a surge in profits.

Trending Hashtags and Crypto Tickers to Watch
As news of this potential strategic bitcoin reserve spreads, be on the lookout for trending hashtags such as #BitcoinReserve and #TrumpBitcoin. These hashtags will likely be used by crypto enthusiasts, traders, and news outlets to discuss and share updates about the situation. Additionally, keep an eye on the price of bitcoin as it may experience fluctuations in response to this news. Look for the ticker symbol BTC to see the latest price and market trends.

Final Thoughts
The idea of a strategic bitcoin reserve for the U.S. government is certainly a bold and controversial move, but it highlights the growing importance and recognition of cryptocurrency in the mainstream world. Whether or not President-elect Donald Trump actually follows through with this plan remains to be seen, but it has certainly sparked a lot of discussion and excitement within the crypto community. As always, stay informed and keep an eye on the latest developments in the world of cryptocurrency.

Sentiment Result: Positive

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DeFi lender Moonwell enables USDC lending throughout Ethereum

The tool, powered by Base, also lets users leverage their digital assets to send USDC throughout the Ethereum ecosystem. Sentiment Result : Positive

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