Trump is founding the world's largest strategic Bitcoin reserve-market reacts disappointed

Donald Trumps Executive Order: Schaffung einer strategischen Bitcoin-Reserve Einführung der strategischen Bitcoin-Reserve Nach intensiven Diskussionen hat Donald Trump einen bedeutenden Schritt unternommen und eine Executive Order zur Schaffung einer strategischen Bitcoin-Reserve unterzeichnet. Diese Entscheidung fand am Donnerstag statt und soll die Grundlage für die nationale Bitcoin-Stockpile legen. Die Reserve wird nicht nur Bitcoin, sondern auch andere digitale Vermögenswerte umfassen, die durch Beschlagnahmungen und Verfall erworben wurden. Die Details der Executive Order Gemäß der neuen Executive Order wurden Behörden wie das Finanzministerium beauftragt, alle Bitcoins, die durch Beschlagnahmungen und Verfall erlangt wurden, vollständig zu erfassen und in die neu geschaffene Reserve …
Donald Trump's executive order: Creation of a strategic bitcoin reserve Introduction of the strategic bitcoin reserve After intensive discussions, Donald Trump has taken a significant step and signed an executive order to create a strategic Bitcoin reserve. This decision took place on Thursday and is to lay the basis for the national Bitcoin stock pile. The reserve will not only include Bitcoin, but also other digital assets that have been acquired by seizures and decay. The details of the Executive Order in accordance with the new executive order were commissioned by authorities such as the Ministry of Finance, all bitcoins that were obtained by confiscations and expiry to fully record and into the newly created reserve ... (Symbolbild/KNAT)

Trump is founding the world's largest strategic Bitcoin reserve-market reacts disappointed

Donald Trump's executive order: Creation of a strategic Bitcoin reserve

Introduction of the strategic Bitcoin reserve

After intensive discussions, Donald Trump took a significant step and signed an executive order to create a strategic bitcoin reserve. This decision took place on Thursday and is to lay the basis for the national Bitcoin stock pile. The reserve will not only include Bitcoin, but also other digital assets that have been acquired by seizures and decay.

The details of the Executive Order

In accordance with the new executive order, authorities such as the Ministry of Finance were commissioned to fully record all bitcoins that were obtained by confiscation and decay and to transfer them into the newly created reserve. At the present time, a public wallet, which is connected to the USA, has 198,109 BTC, which corresponds to a value of around $ 17.51 ​​billion.

The order also specifies that the USA will not sell the bitcoins in the reserve. Instead, they are authorized to explore inexpensive opportunities to expand their stocks without burdening the US taxpayers.

strategic positioning and market position

The American government has set itself the goal of positioning Bitcoin as a “digital gold” due to its limited properties. This initiative could bring strategic advantages for the United States. Michael Saylor, the CEO of Strategy, confirmed that the United States now have the largest strategic Bitcoin reserve in the world.

However, an analysis by the Lookonchain market research company shows that the United States has lost a total of $ 16.14 billion through early sales of its Bitcoin stocks. In the past, the USA's public wallet sold 222,684 BTC and realized a total of $ 3.38 billion. In view of the current market values ​​of these bitcoins, however, a value of $ 19.42 billion was found.

reactions of the market

Despite the positive news about the strategic reserve, the cryptocurrency market reacted with a remarkable correction. Bitcoin fell on an intra-raday low of $ 84,718 before it recovered to $ 88,158. Other digital assets such as Ethereum and XRP also registered with 6% or 1% within 24 hours.

Market observers attribute these unexpected reactions to a unclear about future Bitcoin purchases for the reserve. The Executive Order did not give any information about how many BTC the United States would add to its reserve, and found that no further assets for the crypto stack piles should be obtained.

Finally, it can be stated that the creation of the strategic bitcoin reserve can be regarded both as a significant step in treasure policy and reflect the dynamic reactions of the market, which are often shown in complex developments.