Close Menu
Cryprovideos
    What's Hot

    Why BlockDAG Is the Top Presale Crypto: 150M Daily Bonus Beats SPY & PEPETO

    June 4, 2025

    fly.commerce is Launching $FLY on Sonic

    June 4, 2025

    ADA Breaks Down however Finds Hope in Key Demand Zone – BlockNews

    June 4, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»Bitcoin Reserve Doable In Trump's First 100 Days: Insider
    Bitcoin Reserve Doable In Trump's First 100 Days: Insider
    Bitcoin

    Bitcoin Reserve Doable In Trump's First 100 Days: Insider

    By Jake SimmonsNovember 7, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The US might set up a strategic Bitcoin reserve throughout the first 100 days of President-elect Donald Trump’s administration, in response to a key insider. David Bailey, CEO of BTC Inc. and instrumental in shifting Trump’s stance on Bitcoin, emphasised the urgency of this initiative amid issues that different nations may outpace the US in BTC accumulation.

    When Will The Strategic Bitcoin Reserve Be A Actuality?

    Bailey expressed his issues on X at present, warning that “America is at main threat of being entrance run on its Bitcoin agenda.” He added, “We should set up the Strategic Bitcoin Reserve as rapidly as doable. President Trump has the home and senate. He has a mandate. The setting is there for us to get this completed in first 100 days.”

    America is at main threat of being entrance run on its bitcoin agenda. We should set up the Strategic Bitcoin Reserve as rapidly as doable.

    President Trump has the home and senate. He has a mandate. The setting is there for us to get this completed in first 100 days.

    — David Bailey🇵🇷 $0.85mm/btc is the ground (@DavidFBailey) November 7, 2024

    His remarks come as hypothesis mounts throughout the neighborhood about how Trump will ship on his earlier guarantees. Following Trump’s election victory yesterday, his son Eric Trump bolstered this anticipation by responding to MicroStrategy Government Chairman Michael Saylor‘s declaration of “We now have a Bitcoin President” with a name to motion: “America should cleared the path!”

    America should cleared the path! https://t.co/ZThsy0gSNh

    — Eric Trump (@EricTrump) November 6, 2024

    Notably, US Senator Cynthia Lummis of Wyoming has additionally renewed her advocacy for a nationwide BTC reserve on November 6. She took to X yesterday to proclaim, “WE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVE.”

    WE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVE 🇺🇸 🇺🇸 🇺🇸

    — Senator Cynthia Lummis (@SenLummis) November 6, 2024

    In July, Lummis launched the Bitcoin Act, which proposes that the US authorities buy as much as 200,000 BTC per 12 months over a five-year interval, totaling 1,000,000 BTC. This legislative push aligns with Trump’s view. On the 2024 Bitcoin Convention, he advocated changing all BTC confiscated by legislation enforcement right into a nationwide “stockpile.”

    “Many nation states are about to start out making strikes into Bitcoin,” Bailey famous yesterday. Outstanding figures locally have weighed in on the potential institution of a US strategic BTC Reserve, emphasizing its world significance.

    Dylan LeClair, a revered analyst, prompt that point is of the essence: “You might have roughly three months till the US Authorities places into legislation lively accumulation of BTC as a strategic reserve asset. Different sovereigns can be discreetly entrance working. The clock has already began.”

    Joe Consorti, Head of Development at Theya Inc., highlighted the size of the proposed accumulation: “The US will purchase 550 BTC/day for five years, and maintain all of it for no less than 20 years.” He described it as “an infinite stability sheet pouring into absolute and immutable shortage.”

    Travis Kling, CEO and founding father of Ikigai Asset Administration, mirrored on the altering tides and the likelihood: “When this was introduced on the Nashville convention, I believed it was fairly unlikely. Simply felt like a bridge too far. Nearly prefer it was too bullish to imagine. With a crimson wave, the probability of this has drastically elevated. If it does, legit WAGMI.”

    At press time, BTC traded at $74,640.

    Bitcoin price
    BTC value, 1-day chart | Supply: BTCUSDT on TradingView.com

    Featured picture created with UEEx, chart from TradingView.com





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    fly.commerce is Launching $FLY on Sonic

    June 4, 2025

    ADA Breaks Down however Finds Hope in Key Demand Zone – BlockNews

    June 4, 2025

    Armstrong, Musk Slam U.S. Debt, Warn of Bitcoin Shift – Bitbo

    June 4, 2025

    Reality Social Seeks to Launch Spot Bitcoin ETF through NYSE Arca

    June 4, 2025
    Latest Posts

    Armstrong, Musk Slam U.S. Debt, Warn of Bitcoin Shift – Bitbo

    June 4, 2025

    Reality Social Seeks to Launch Spot Bitcoin ETF through NYSE Arca

    June 4, 2025

    An settlement in South Korea: new treasurer for Bitcoin

    June 4, 2025

    Shockingly Bullish Bitcoin Value Prediction Made by Legendary Enterprise Capitalist

    June 4, 2025

    South Korea’s new president races to approve Bitcoin ETFs for 16 million merchants

    June 4, 2025

    Moscow Trade Launches Bitcoin Futures For Certified Buyers

    June 4, 2025

    Trump's Reality Social to Launch Bitcoin ETF: Will This Presale Pump Subsequent?

    June 4, 2025

    Child boomers price $79T are warming as much as Bitcoin… however suspicions stay

    June 4, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Fed ends Crypto Crackdown, SUI leads L1s, AI cash rebound – Decrypt

    April 26, 2025

    Survey Claims 71% of TradFi ETF Traders Need Crypto Publicity

    March 26, 2025

    Trump’s Crypto Czar David Sacks Confirms Federal Bitcoin Reserve Discussions on Fox Information

    February 10, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.