Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

S&P Global unveils comprehensive benchmark merging crypto and equities

October 7, 2025

What this means for third largest cryptocurrency

October 7, 2025

S&P Launches Digital Markets 50 Crypto Index

October 7, 2025
Facebook X (Twitter) Instagram
Tuesday, October 7 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

Howard Lutnick Says President Trump To Unveil Bitcoin Reserve Strategy This Week

March 5, 2025Updated:March 5, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Howard Lutnick Says President Trump To Unveil Bitcoin Reserve Strategy This Week
Share
Facebook Twitter LinkedIn Pinterest Email
ad


Commerce Secretary Howard Lutnick revealed in an interview on Tuesday that President Donald Trump plans to announce a bitcoin strategic reserve later this week.

Talking to impartial information outlet The Pavlovic Right now, Lutnick said that the President “undoubtedly thinks there’s a bitcoin strategic reserve” and can unveil plans for it through the White Home’s inaugural crypto summit on Friday.

Lutnick hinted that bitcoin would have a “distinctive standing” in comparison with different cryptocurrencies below the reserve framework. “Bitcoin is one factor, after which the opposite currencies, the opposite crypto tokens, I feel, will probably be handled in another way—positively, however in another way,” he remarked.

The Commerce Secretary’s feedback align with President Trump’s latest social media posts supporting the creation of a crypto reserve anchored by bitcoin. The President said the reserve would “elevate this important trade after years of corrupt assaults by the Biden Administration.”

Lutnick’s preview of the announcement propelled bitcoin over $90,000 this week from below $85,000 on Monday. The general crypto market surged again above $3 trillion forward of the summit.

Friday’s gathering will convene high bitcoin and crypto executives, traders, and regulators to map out a framework for crypto oversight and innovation within the U.S. Attendees embrace Coinbase CEO Brian Armstrong, Kraken CEO Jesse Powell, MicroStrategy Chairman Michael Saylor, and others.

The summit follows Trump’s government order directing officers to prioritize the “accountable progress of digital belongings.” The President goals to reposition the U.S. because the “crypto capital of the world” after strict insurance policies below Biden stifled innovation.

With bipartisan help rising for bitcoin and crypto-friendly legal guidelines in Congress, Trump’s embrace of a strategic bitcoin reserve could cement their legitimacy worldwide.



Source link

ad
Bitcoin Howard Lutnick President reserve strategy Trump Unveil week
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

S&P Global unveils comprehensive benchmark merging crypto and equities

October 7, 2025

What this means for third largest cryptocurrency

October 7, 2025

S&P Launches Digital Markets 50 Crypto Index

October 7, 2025

A Weekly Close Above $0.41 Could Make History

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
S&P Global unveils comprehensive benchmark merging crypto and equities
October 7, 2025
What this means for third largest cryptocurrency
October 7, 2025
S&P Launches Digital Markets 50 Crypto Index
October 7, 2025
A Weekly Close Above $0.41 Could Make History
October 7, 2025
Solana Sees Explosive Stablecoin Growth – Here’s How Much Supply Is Held In The Blockchain
October 7, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.