Analysis News TheBitTimes.com

Hopes of a US Strategic Bitcoin Reserve took another knock this weekend after Donald Trump’s surprise executive order about a non-bitcoin US Sovereign Wealth Fund. At the press conference covering the order’s signing, pro-Tether Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent told the president that they would explore warrants, equity, and other non-bitcoin investments in their proposal for his requested fund. Trump’s order made no mention of bitcoin (BTC) or digital assets. Worse, his son Eric tweeted that he actually preferred ether (ETH) over BTC at that time. In my opinion, it’s a great time to add $ETH. — Eric Trump (@EricTrump) February 3, 2025 Eric Trump pumped ETH for the US Sovereign Wealth Fund press conference. Dwindling chances of a US Strategic Bitcoin Reserve The disappointment of US Sovereign Wealth Fund political leaders paying no attention to BTC only added insult to injury. In January, rather than creating a...

Though Bitcoin’s (BTC) journey between December 4 and December 6 proved something of a round trip, the temporary surge toward $104,000 appears to have turned investors – and gamblers – decisively bullish. Specifically, the community active on the Kalshi prediction market – one of the two that rose to fame ahead of the 2024 U.S. presidential election – appears confident that BTC will hit a new all-time high (ATH) in the remaining weeks of the year. Specifically, the platform is, at press time on December 6, forecasting Bitcoin will stand at a high $127,000 on New Year’s Eve. Picks for you New store of value? Bitcoin's dominance over gold hits largest margin in history 1 hour ago Bitcoin sees massive pump and dump...