Bitcoin Slides After Trump Signs Strategic Reserve Executive Order | ZeroHedge
After hinting at it to start the week, President Trump just signed an executive order on Thursday creating a Strategic Bitcoin Reserve, marking a major shift in U.S. digital asset policy.
But many crypto enthusiasts are a littel disappointed (and price action is reflecting that currently), as instead of acquiring crypto assets, White House Crypto and AI Czar David Sacks, a Silicon Valley venture capitalist, wrote in a post on X that the reserve will be funded exclusively with bitcoin (more…)