Cryptocurrency

Cryptocurrency

Trump stops short of establishing a bitcoin strategic reserve

Donald Trump during his speech at the 2024 Bitcoin Conference in Nashville, TN.The Washington Post | The Washington Post | Getty Images"For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin," Trump said at this year's Bitcoin Conference in Nashville."If I am elected, it will be the policy of my administration, United States of America, to keep 100% of all the bitcoin the U.S. government currently holds or acquires into the future," he said.Trump's strategy of permanently holding your bitcoin...
Cryptocurrency

How high can BTC price go after Trump’s bullish Bitcoin speech?

Donald Trump went all in on Bitcoin (BTC) in his latest keynote at the Bitcoin 2024 conference in Nashville, promising voters to make the United States “the crypto capital of the world." He will do so by creating a national BTC "stockpile" and, in turn, making the cryptocurrency a "permanent national asset."Naturally, Trump's electoral promises have triggered bullish responses from top crypto analysts, with some predicting BTC's price will grow tenfold in the future.Bitcoin price will likely cross over $800K — analystOne of the boldest and most bullish outlooks for...
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