Scan to download
BTC $71,131.67 -3.33%
ETH $2,084.29 -4.17%
BNB $649.74 -1.86%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $457.89 -2.81%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%
BTC $71,131.67 -3.33%
ETH $2,084.29 -4.17%
BNB $649.74 -1.86%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $457.89 -2.81%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

rich

Cathie Wood: The U.S. government may "directly buy" Bitcoin to enrich the national strategic reserves

ARK Invest founder Cathie Wood stated that the U.S. government may begin to directly purchase Bitcoin in the future to bolster the national Bitcoin strategic reserve, rather than solely relying on assets seized by law enforcement.In a recent episode of the "Bitcoin Brainstorm" podcast, Wood pointed out that although the Trump administration established a national Bitcoin reserve through an executive order, the source of the reserve so far has been limited to seized BTC, with no market purchases made to date. The initial goal was to hold 1 million Bitcoins, so I believe they will eventually start buying.She believes that Trump will continue to place a high emphasis on cryptocurrency issues under pressure from the midterm elections, which is favorable for the Bitcoin strategic reserve. On one hand, Trump and his family have deepening interests in the crypto industry; on the other hand, the crypto community played a significant role in his winning the presidential election. She said, "He doesn't want to be a lame-duck president; he wants one or two more productive years in office, and he sees crypto as a path to the future."Reports indicate that the Trump administration has signed multiple executive orders to establish a Bitcoin reserve and a crypto asset inventory, and has formed a crypto and AI task force led by David Sacks to promote industry legislation, including the GENIUS Act (stablecoin legislation).
app_icon
ChainCatcher Building the Web3 world with innovations.