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US Bitcoin Reserve: Eric Trump’s Deleted Tweet Raises Eyebrows

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US Bitcoin Reserve: Eric Trump’s Deleted Tweet Raises Eyebrows - NewsBTC

Quick Summary:

While the Bitcoin price is hovering just below the old all-time high of December 17, US Senator Cynthia Lummis and Eric Trump reportedly convened at the Capitol yesterday to discuss the notion of creating an American Strategic Bitcoin Reserve (SBR).

What’s brewing behind the scenes? 🤔 pic.twitter.com/E7nqbieNIQ — Swan (@Swan) January 22, 2025 This latest buzz follows Senator Lummis’ unveiling of The Bitcoin Act of 2024 last year, a legislative proposal to formally establish a US strategic Bitcoin reserve.

I also fully expect the President to deliver on the SBR in his first 100 days.” Anthony Pompliano, Founder & CEO of Professional Capital Management, posted a similarly confident take: "If Ross Ulbricht got the pardon, we are definitely getting the Strategic Bitcoin Reserve.


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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 18:00:07 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 668 words

Reading Time: 4 minutes read

Sentences: 80 lines

Sentence Length: 9 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 25345829

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 11 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

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Publisher ID: #102

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