Trump's Presidency and the Skepticism Surrounding U.S. Bitcoin Reserve
Market participants express doubt about the establishment of a U.S. Bitcoin reserve amid recent announcements.

Market participants express doubt about the establishment of a U.S. Bitcoin reserve amid recent announcements.
Bitcoin's price soared after President Trump's announcement of a cryptocurrency strategic reserve, lifting several digital assets.
The U.S. President provided insights into what a national crypto reserve might entail, featuring prominent cryptocurrencies.
The Ethereum Foundation has announced the appointment of Hsiao-Wei Wang and Tomasz Stańczak as co-executive directors, following a leadership restructuring.
The President of the Swiss National Bank has ruled out the inclusion of Bitcoin in the central bank's reserves, labeling it a 'niche phenomenon' despite increasing cryptocurrency acceptance in Switzerland.
The U.S. Securities and Exchange Commission is indicating a new direction with its recent closure of multiple cases related to cryptocurrency, highlighting potential opportunities for the industry.

A federal court rules against the SEC, stating it lacked jurisdiction over Richard Heart's case, which centered on unregistered securities.
Crypto exchanges Coinbase and Bitget are expanding operations in Africa, with growing crypto adoption in Morocco despite a ban.
This week highlighted falling crypto prices and a notable easing of the SEC's aggressive regulation.
BlackRock has incorporated a Bitcoin ETF into its model portfolios, signaling potential institutional interest in cryptocurrency.
Bitcoin's price sees a bounce back after a sharp decline, raising questions about weekend trading conditions.
Bitdeer has purchased 50 BTC amid a potential downturn in the cryptocurrency market, increasing its holdings significantly.

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