Tim Pierce
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That's where things get a little bit unclear. Trump gave us a clue as to how this could work in July when he spoke at the Bitcoin 2024 conference in Nashville.
Now, this could be as simple as sitting on all the crypto the federal government seizes from criminals. But Trump could also direct the Federal Reserve or some other agency to purchase a lot of crypto outright and build the stockpile that way. Critics are suggesting that Trump will pursue that latter route in a bid to enrich certain members of the crypto community.
Now, this could be as simple as sitting on all the crypto the federal government seizes from criminals. But Trump could also direct the Federal Reserve or some other agency to purchase a lot of crypto outright and build the stockpile that way. Critics are suggesting that Trump will pursue that latter route in a bid to enrich certain members of the crypto community.
That includes his AI crypto czar, David Sachs, who is reportedly an early investor in Solana, one of the currencies set to be included in the stockpile. Now, Sachs said on Sunday that he sold all of his crypto before joining the Trump administration, but we can still expect a lot of this speculation in the coming days, or at least until Friday.
That includes his AI crypto czar, David Sachs, who is reportedly an early investor in Solana, one of the currencies set to be included in the stockpile. Now, Sachs said on Sunday that he sold all of his crypto before joining the Trump administration, but we can still expect a lot of this speculation in the coming days, or at least until Friday.
That's when the White House is scheduled to host a crypto summit, where Sachs is expected to outline the plans for the strategic reserve in greater detail.
That's when the White House is scheduled to host a crypto summit, where Sachs is expected to outline the plans for the strategic reserve in greater detail.
Bitcoin briefly surged to $95,000 on Monday, along with other cryptocurrencies. But after a sell-off, it dipped back into the mid-80s, which is part of a general downward trend. The crypto market hit an all-time high in January, but has been faltering ever since.
Bitcoin briefly surged to $95,000 on Monday, along with other cryptocurrencies. But after a sell-off, it dipped back into the mid-80s, which is part of a general downward trend. The crypto market hit an all-time high in January, but has been faltering ever since.
Just last week, Bitcoin dropped below $90,000 for the first time in months, a significant dip that had experts worrying the value would continue its nosedive. So still a little bit unclear as to what's going to happen here. Although I'll leave you with this. Cathie Wood, the CEO of ARK Invest, a pretty big figure on Wall Street, insists that Bitcoin is going to hit $1 million by 2030.
Just last week, Bitcoin dropped below $90,000 for the first time in months, a significant dip that had experts worrying the value would continue its nosedive. So still a little bit unclear as to what's going to happen here. Although I'll leave you with this. Cathie Wood, the CEO of ARK Invest, a pretty big figure on Wall Street, insists that Bitcoin is going to hit $1 million by 2030.
You bet.
You bet.
Shaboosie's crossover hit, A Bar Song, Tipsy, is making history on the Billboard Hot Country Songs chart.
Shaboosie's crossover hit, A Bar Song, Tipsy, is making history on the Billboard Hot Country Songs chart.
The track now holds the top spot for a 35th week, breaking the record for the longest leading song by a solo act since the chart began in 1958. That record was previously held by Sam Hunt's Body Like a Back Road, which led for 34 weeks in 2017.
The track now holds the top spot for a 35th week, breaking the record for the longest leading song by a solo act since the chart began in 1958. That record was previously held by Sam Hunt's Body Like a Back Road, which led for 34 weeks in 2017.
Sources say the document lacks context and won't include a client list, likely disappointing those seeking new revelations about Epstein's ties to powerful figures. Trump administration officials maintain, however, that the documents contain some shocking findings. Here's counselor to the president, Alina Haba.
Sources say the document lacks context and won't include a client list, likely disappointing those seeking new revelations about Epstein's ties to powerful figures. Trump administration officials maintain, however, that the documents contain some shocking findings. Here's counselor to the president, Alina Haba.
According to Attorney General Pam Bondi, thousands of documents related to Epstein are still missing from the DOJ. Bondi wrote a letter to FBI Director Kash Patel on Thursday directing him to dig into the FBI's New York field office where those documents are allegedly being kept against Bondi's orders.