Thousands of Bitcoin mining machines had been reportedly seized as US ports of entry since as early as September, but there's been conflicting information surrounding why.
The US will not sell any Bitcoin deposited into the reserve, and it will be kept as a store of value akin to a digital Fort Knox.
The U.S. president directed his administration to establish a bitcoin reserve to hold assets the U.S. has seized, and it's setting up a separate crypto stockpile.
President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve.
A report from the on-chain analytics firm Glassnode has revealed a Bitcoin price region that could prove to be crucial for the bulls. Several Key Bitcoin Metrics Are Pointing At The Same Price Range Right Now In its latest weekly report, Glassnode has discussed the Bitcoin investor cost basis from various angles.
The order also seeks to provide a "full audit" of the U.S. Goverment's digital asset holdings which is estimated to possess 200,000 bitcoin.
U.S. President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, White House crypto czar David Sacks said in a post on X.
US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve "just a few minutes ago," says crypto tsar David Sacks.
The President of the United States – Donald Trump has officially made the first move
Creating a national digital asset stockpile could shift US financial strategy, impacting crypto markets and requiring significant legislative support. The post Trump may use seized Bitcoin and crypto assets to create US digital asset stockpile: report appeared first on Crypto Briefing.
Texas Bitcoin Reserve proposal passed a Senate vote with 25 out of 30 votes in favor. It will require another vote in the House of Representatives to reach the Governor and become law, but the progress is very encouraging.
An electoral court in Brazil has charged a political candidate with failing to declare his Bitcoin (BTC) holdings. The post Brazil's Electoral Court Charges Candidate With Failing to Declare BTC Holdings appeared first on Cryptonews.
XRP has experienced significant growth, notably outperforming Bitcoin in recent months. Ripple's native token has surged by an impressive 315%, positioning itself as one of the most notable altcoins in the market in 2025.
US President Donald Trump could issue an executive order as soon as March 7 to create a reserve for the country to buy Bitcoin, Bloomberg reports.
Crypto executives will meet in Washington DC at a Trump-hosted summit on Friday afternoon.
Newly appointed ‘crypto czar' David Sacks took to X Thursday to air his grievances over the U.S. government's alleged handling of its previous Bitcoin holdings just one day before the White House Crypto Summit. Key Takeaways: Newly appointed crypto czar David Sacks criticized the U.S.
Texas has moved a step closer to holding Bitcoin (BTC) as a reserve asset, with the state senate passing a bill on March 6 that would allow public funds to be allocated to digital assets.
On-chain data shows the Bitcoin network is continuing to see adoption amid the volatility, except for one investor group that's seeing a decline.
Michael Saylor supports a U.S. Bitcoin reserve, arguing it's crucial for economic stability and establishing dominance in cyberspace.
Méliuz, a publicly traded Brazilian company, has announced the acquisition of Bitcoin (BTC) equivalent to 10% of its cash holdings, local media reported on AMarch 6. The company purchased 45.72 BTC for $4.1 million at an average price of $90,296 per BTC.
Bitcoin (BTC) has once again crossed the $90,000 threshold, marking a dramatic return to its bullish momentum. The latest rally has been characterized by price swings and increased market activity, signaling that Bitcoin may be primed for further gains.
Bitcoin (BTC) price performed underwhelmingly on Thursday, posting a mild 2% dip before stabilizing at $89,000 while the aggregate market cap rose by 6%. With Bitcoin market dominance down, early media chatter suggests the upcoming White House crypto summit scheduled for Friday, is expected to drive another wave of volatile price action in the days
U.S. states may successfully frontrun federal authorities on Bitcoin reserve policy as Texas lawmakers advanced a bill through the Senate.
The Japanese hotel and investment firm, which saw its stock price surge by around 2,600% over the past year amid its Bitcoin pivot, is continuing to accumulate BTC. In a published statement, Metaplanet says it increased its BTC stack as part of its ongoing Bitcoin Treasury operations.
A widely followed crypto analyst says the future of Bitcoin (BTC) remains unclear as the markets continue to display heightened volatility.
Bitcoin's price teetered between $88,204 to $89,251 on March 6, 2025 at 3 p.m. ET, caught in a volatile tug-of-war between bulls and bears as its $1.74 trillion market cap faced a critical test. With a 24-hour trading volume surging to $46.
On-chain data shows the Bitcoin Hashrate has made some notable recovery recently, a sign that optimism may be returning among the miners.
Bitcoin's upside appears to be capped by recession risks, geopolitics and investors' anxiety over Friday's crypto summit at the White House
Smaller Bitcoin investors increased significantly, while whales reduced holdings slightly.
Cryptocurrency markets are trading mostly sideways on Thursday as the Texas Senate passed a strategic Bitcoin reserve bill, which now advances to the House. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,486.05 -1.5% Ethereum (CRYPTO: ETH) $2,200.97 -0.7% Solana (CRYPTO: SOL) $143.60 -0.96% XRP (CRYPTO: XRP) $2.58 +3.4% Dogecoin (CRYPTO: DOGE) $0.2006 -1.5% Shiba Inu (CRYPTO: SHIB) $0.00001327 +0.02% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses falling by 0.9%.
Bitcoin took center stage again as Mt. Gox moved 12,000 BTC, valued at over $1 billion, to an unknown wallet.
What's next for BTC amid Mt Gox $1B BTC move and Trump crypto summit?
Bitcoin Magazine Texas Strategic Bitcoin Reserve Bill Passes The Senate In a vote of 25-5, Texas' bitcoin reserve legislation has been approved by the Senate. It will now advance to the House. This post Texas Strategic Bitcoin Reserve Bill Passes The Senate first appeared on Bitcoin Magazine and is written by Nik.
Sacks' message came on the eve of the White House's first crypto summit, where Bitcoin is expected to feature prominently on the agenda.
Amid national chatter, the state of Texas edged closer to establishing its own Bitcoin reserve Thursday with a bill passing the Senate.
Changpeng Zhao, who co-founded the world's largest crypto exchange Binance, and was its CEO until late 2023, also known as CZ, has taken to his account on the X platform to comment on the progress made by Bitcoin ETFs.
Real Vision's chief digital assets analyst Jamie Coutts believes Bitcoin (BTC) is gearing up for a massive breakout after weeks of volatility.
The Texas Senate passed a bill on March 6 to create a Bitcoin and cryptocurrency strategic reserve.
Stocks and crypto have been battered by the president's push to tax goods from America's largest trading partners.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The Texas Senate has just voted in favor of a strategic Bitcoin reserve bill (SBR). The bill (SB21) has passed in a 25-5 vote.
Bhutan has quietly amassed nearly $1 billion in bitcoin reserves through sustainable hydroelectric mining, using the cryptocurrency to fund public services and positioning it as a strategic financial model for nations grappling with economic instability.
Bitcoin is currently trading at $90,800 after a strong 13% rebound from the $81,000 level, as bulls attempt to regain control of price action. After days of volatility and uncertainty, Bitcoin's recovery has renewed optimism in the market, but traders remain cautious as BTC faces key resistance levels.
Bitcoin is hardly giving bullish cues despite a BTC reserve potentially being announced by the US within 24 hours.
Mt. Gox is moving its Bitcoin again. On Thursday, the long-defunct crypto exchange moved over $1 billion worth of Bitcoin to an unmarked address.
The Trump-backed World Liberty Financial also revealed plans to hold Sui, sending the price of that token surging Thursday.
Michael Saylor sees the Crypto Summit as key to making Bitcoin the U.S. reserve asset. Industry leaders at the Crypto Summit will discuss regulations and crypto adoption.