In the short space of time since Trump got his old job back, the crypto industry has already seen significant support. Regulators like the SEC have completely pivoted on their previously hostile stance, and itโs clear that the regulatory landscape is becoming much more friendly to crypto.
On top of all this bullish news, Trumpโs administration has recently announced a US Strategic Bitcoin Reserve, as well as a Digital Asset Stockpile (consisting entirely of altcoins). As such, youโd expect the markets to be going parabolic butโฆ well, so far itโs been one big old nothingburger.
This has many people wondering whether both of these strategic crypto reserves are actually long-term bullish or not. Today, we aim to find out. Weโll be doing a deep dive into these announcements and tell you how they could affect the market (if at all).
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๐บ Essential Videos ๐บ
Trumpโs End Game ๐ https://youtu.be/ZcjrlHgGhwY?si=XC5xGdKTJIVum9t0
Trumpโs Crypto Holdings Revealed ๐ https://youtu.be/N1fv_AcHDrA?si=rQZ2Jbp__nZ4-QBp
Impact of Tariffs on the Economy ๐ https://youtu.be/5MCkvVkXHoM?si=tZ8fJOJJuW5X92m9
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โ๏ธ ๐ Useful Links ๐ โ๏ธ
โบ US Bitcoin Reserves VS Gold and Oil Reserves: https://cointelegraph.com/explained/us-bitcoin-reserve-vs-gold-and-oil-reserves-how-do-they-compare
โบ Strategic Bitcoin Reserve and Digital Asset Stockpile Explained: https://cointelegraph.com/explained/trumps-strategic-bitcoin-reserve-and-digital-asset-stockpile-explained
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– TIMESTAMPS –
0:00 Intro
0:33 What Has Trump Done So Far?
5:06 Strategic Bitcoin and Altcoin Reserves
9:37 White House Crypto Summit
12:46 Long Term Bullish, Or Total Nothingburger?
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๐ Disclaimer ๐
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome
#trump #bitcoin #crypto