Trump's US Bitcoin Reserve Proposal
This is a US news story, published by CoinGape, that relates primarily to Bitcoin news.
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•Trump's proposed US Bitcoin reserve could make the nation a dominant player in the Bitcoin economy
63% Informative
Donald Trump's proposed US Bitcoin reserve could make the nation a dominant player in the Bitcoin economy.
Anthony Pompliano , founder & CEO of Professional Capital Management , urges the US to act quickly, emphasizing Bitcoin 's potential to outpace gold.
At today ’s market prices, such a BTC reserve would be worth more than $90 billion , placing the US as a hegemon.
Galaxy Digital CEO Michael Novogratz : BTC Reserve Unlikely , But Could Propel Price to $ 500K.
He said there were low chances for the BTC reserve under President-elect Trump .
Bitcoin , currently trading near a record $90,291 , could see unprecedented growth if this proposal were enacted.
VR Score
55
Informative language
52
Neutral language
53
Article tone
formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
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