Donald Trump‘s campaign promise to bring all Bitcoin (CRYPTO: BTC) mining operations back to the United States faces considerable obstacles, despite his newfound support for the cryptocurrency industry.
Donald Trump’s "Made in the USA" Bitcoin pledge faces hurdles as 95% of BTC is mined, US contributes under 50% power, and relies on China.
Australia’s market analysts have forecast steady growth for the domestic sharemarket in 2025, despite looming uncertainties hanging over the next 12 months.
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.
Republican senator Cynthia Lummis has introduced a bill to congress, entitled the Boosting Innovation, Technology and Competitiveness Through Optimized Investment Nationwide (BITCOIN) Act, which proposes the U.S. buy 1 million bitcoins over five years to reduce the spiraling $35 trillion U.S. national debt.
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers?
Trump once called bitcoin "a scam against the dollar," but he has since changed his stance — and profited from crypto.
Russia has begun using Bitcoin and other digital currencies for international trade. This move follows legislative changes aimed at countering Western sanctions. The shift aligns with US President Joe
Bitcoin reacted by hitting an all-time high of $89,800, driven by optimism over Trump’s perceived crypto-friendly stance. The year concluded with fireworks in December as Bitcoin broke through the psychological barrier of $100,000 to hit an all-time high of $108,268.45 on December 17 according to to CoinMarketCap.
Analysts are bullish that demand from spot bitcoin ETFs and the possible adoption of a U.S. bitcoin reserve could help bitcoin to new highs in 2025.
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
The crypto asset was down over 9 percent as of money, following a surge in price after President-elect Donald Trump's win.