Bitcoin Reserve Is a Key To US Economic Supremacy, Says VanEck Chief

Quick Summary:

The United States’ adoption of the Bitcoin reserve is still up in the air, even as individual states increasingly warm up to the cryptocurrency.

Anticipations of President Donald Trump embracing the asset this year spark both excitement and criticism.

Additionally, Hayes argued that governments and authorities often purchase Bitcoin and other assets for political purposes and not for financial needs.

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Article Details

Author / Journalist: Nynu V Jamal

Category: Crypto

Markets: IndiaUnited States

Topics: Bitcoin News Bitcoin Reserve 24/7 Cryptocurrency News VanEck

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-08 @ 15:06:09 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 483 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25982275

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 17 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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