US President Donald Trump signed an executive order on March 7 establishing a Strategic Bitcoin Reserve (SBR) and a “Digital Asset Stockpile.” Both will initially be capitalized with cryptocurrency seized via government criminal and civil forfeiture proceedings, with future acquisitions possible under budget-neutral conditions.

The Bitcoin price dropped sharply lower following the introduction of a strategic Bitcoin reserve in the U.S.

White House crypto and AI czar David Sacks said on X that the stockpile will also include other coins forfeited in criminal or civil proceedings

White House crypto and AI czar David Sacks said on X that the stockpile will also include other coins forfeited in criminal or civil proceedings

The US Strategic Bitcoin Reserve will initially be funded by Bitcoin forfeited to the Treasury, which controls an estimated 198,109 Bitcoin forfeited or seized in criminal cases.

In a historic move this evening, former President Donald Trump signed an executive order creating the United States' first-ever strategic Bitcoin reserve. This major step in cryptocurrency policy is set to solidify the U.S.'s position in the growing digital asset space.

The White House has officially established a Strategic Bitcoin Reserve and a US Digital Asset Stockpile through an executive order signed by President Donald Trump.

President Trump recently signed an executive order on the creation of a strategic Bitcoin reserve and a digital assets stockpile. The executive order announcement came just ahead of the White House's highly anticipated industry summit, where crypto leaders will meet with members of Trump's administration to discuss policy.

The U.S. government may have a maximum of 88,000 BTC available for its newly announced Strategic Bitcoin Reserve, according to Alex Thorn, head of research at Galaxy Research. In a Mar.

If convicted, former Olympian Ryan Wedding faces life in prison for allegedly running a transnational drug syndicate that leveraged USDT.

Crypto Market Today (March 7): Despite U.S. President Donald Trump's recent announcement about a Bitcoin reserve, BTC price backtracked to a $84K low intraday. Simultaneously, Ethereum (ETH), Solana (SOL), and XRP prices followed by dropping 1-6% in the interim.

President Donald Trump signing the executive order for US strategic reserve for Bitcoin has turned out to be a ‘sell the news' event. Bitcoin price crashed down all the way from $92,000 to hitting a low under $85,000, dropping more than 7% in the last 24 hours.

The cryptocurrency market is seeing a lot of activity as Pi Network faces significant price movement, with 188 million Pi tokens unlocking in March.

The White House Crypto Summit could trigger a “sell-the-news” event. Bitcoin price support levels are at $87,200 and $82,908, with potential declines to $70,000.

United States President Donald Trump has made it official - there will be a strategic crypto reserve for the country.

A US strategic Bitcoin reserve “dramatically increases the likelihood that other nations will establish strategic Bitcoin reserves,” says Bitwise's Matt Hougan.

President Trump is advancing policy and regulations by creating a "Strategic Bitcoin Reserve" aimed at making the U.S., the crypto capital of the world. Other cryptos may also play a role.

President Donald Trump's executive order establishing a Strategic Bitcoin (CRYPTO: BTC) Reserve did not have the expected bullish impact on Thursday, as the leading cryptocurrency dropped on the announcement. What happened: The reserve will be capitalized with Bitcoin already owned by the federal government, obtained through forfeiture proceedings, valued at approximately $17 billion.

Bitcoin fell sharply after Trump signed an executive order to set up a Strategic Bitcoin Reserve with forfeited assets.

A sharp drop in the US Dollar Index could set the stage for a Bitcoin price rally, according to Jamie Coutts, Chief Crypto Analyst at Real Vision. In a Mar.

U.S. authorities have begun releasing seized bitcoin mining equipment after months of scrutiny over Chinese-made chips. Thousands of units are freed, but many remain held. US Starts Releasing Seized Bitcoin Mining Equipment U.S. authorities have started releasing some of the cryptocurrency mining equipment that had been seized in recent months, Reuters reported on March 5.

Trump Signs Executive Order President Donald Trump has signed an executive order to create a Bitcoin Strategic Reserve to store assets seized by the government, along with a crypto stockpile for other digital assets. The Bitcoin, all obtained through civil or criminal forfeitures, will be stored for long-term value in a “digital Fort Knox.

Bitcoin has been showing signs of recovery after a sharp decline that pushed its price below $80,000 last week. The cryptocurrency briefly surged to $92,756 in the early hours of today before retracing to $90,279, marking a 0.7% increase in the past 24 hours.

President Trump has signed an executive order to create a Strategic Bitcoin Reserve, says White House AI and Crypto Czar David Sacks. According to Sacks' Mar.

Cryptocurrencies fell Thursday night after President Donald Trump signed an executive order creating a strategic bitcoin reserve for the United States and, separately, a "digital asset stockpile."

White House artificial intelligence and crypto czar David Sacks says a newly signed executive order could pave the way for the US to actively buy Bitcoin. The “budget neutral” purchases would be above and beyond the seized trove of BTC that Trump has ordered the US to hold onto as a strategic reserve.

Bitcoin price started a recovery wave from the $85,000 zone. BTC is back above $87,500 and might struggle to clear the $92,000 resistance zone.

Bitcoin Magazine The United States Officially Establishes A Strategic Bitcoin Reserve President Trump has signed an executive order to create a national bitcoin stockpile composed of coins seized through criminal and civil proceedings. This post The United States Officially Establishes A Strategic Bitcoin Reserve first appeared on Bitcoin Magazine and is written by Shinobi.

Brazilian fintech company Méliuz made headlines by becoming the first publicly traded company in Brazil to integrate Bitcoin into its treasury management strategy. This strategic shift marks a pivotal moment for the company, as it becomes one of the first major firms in Brazil to embrace digital currency in a significant way.

After much anticipation, President Donald Trump has finally signed an executive order to establish a Bitcoin Strategic Reserve. Under this plan, the U.S. government will create a “digital Fort Knox” to store Bitcoin and other cryptocurrencies seized in civil or criminal cases.

Bitcoin and crypto stocks took a hard hit after president Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve on Thursday night, using America's confiscated Bitcoin from criminal and civil cases. The announcement, made by White House crypto Czar David Sacks, immediately sent Bitcoin tumbling by 5%, crashing to $85,000 within minutes.

Will Trump's upcoming crypto summit reshape Bitcoin's future or trigger more volatility?

Bitcoin has started to recover gradually after experiencing a notable drop in recent weeks. So far, BTC has reclaimed the $90,000 level amid renewed market activity.

President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, White House Artificial Intelligence and Crypto Czar David Sacks said in a Thursday (March 6) post on X.

The crypto market is on edge, with CoinMarketCaps index showing a bearish 30/100. Fear dominates, but behind the scenes, major Bitcoin (BTC) holders are making bold moves.

Changpeng Zhao (CZ), the co-founder and former CEO of Binance, recently praised BlackRocks spot Bitcoin ETF, IBIT, calling it the fastest-growing ETF in history. Taking to X, he reacted to data showing BlackRocks massive Bitcoin holdings, currently valued at over $54.25 billion, according to Arkham Intelligence.

Several U.S. states are advancing efforts to allocate public funds into cryptocurrencies, following President Donald Trumps endorsement of a federal crypto reserve. Texas is emerging as a leader in this movement, with its state senate passing SB 21, a bill allowing investment in bitcoin (BTC).

Michael Saylors company, Strategy (formerly MicroStrategy), is facing major unrealized losses despite its long-term Bitcoin gains. Recent data reveals a nearly $1 billion loss from its latest Bitcoin purchases, highlighting the risks of its aggressive accumulation strategy.

President Donald Trump has directed the creation of a Bitcoin Strategic Reserve, storing seized assets in whats being dubbed a digital Fort Knox. This initiative, led by Trumps crypto czar David Sacks, ensures Bitcoin confiscated through civil and criminal forfeitures is held long-term for value preservation.

Ripple CEO Brad Garlinghouse joins the White House Crypto Summit, fueling speculation on the SEC's XRP appeal and potential crypto market shifts.

Bitcoin tumbled 6% to $84,864.3 on Friday after U.S. President Donald Trumps newly announced crypto reserve failed to include government-backed purchases, disappointing investors. Trumps executive order established a strategic Bitcoin and digital asset reserve, but it will only hold cryptocurrencies seized in criminal and civil cases, rather than acquiring new assets.

XRP is showing remarkable strength, trading at a 5.11% premium to Bitcoin (BTC) today. This marks nearly five months of consistent outperformance against the leading cryptocurrency, despite ongoing market turbulence.

The reserve would be funded with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset proceedings.

Bitcoin and all the major cryptocurrencies plummeted following Donald Trump's bitcoin reserve executive order, with BTC hitting an intraday low of $84,713 amid a broader market sell-off.

Bitcoin fell 5.7% to just under $85,000 as investors reacted to Trump's executive order establishing a Strategic Bitcoin Reserve.

US President Donald Trump just signed an executive order setting up a strategic Bitcoin reserve, a historic moment for the world's oldest and largest crypto, though the immediate market reaction has been to send the BTC price tumbling lower. The post President Trump Signs Executive Order Creating Strategic Bitcoin Reserve – Why is BTC Price Collapsing? appeared first on Cryptonews.

President Trump just signed an executive order creating a strategic Bitcoin reserve, triggering a “sell the news” event and an abrupt $5,000 drop in the price of BTC.

Coinbase director Conor Grogan said the news of setting up a U.S. bitcoin reserve may relieve sell-side pressure.