Bitcoin Reserves | ForkLog

ForkLog 18 26.03.2025

Bitwise: US Bitcoin Reserve Eliminates Final Risk for Cryptocurrency

President Donald Trump’s decision to establish a strategic Bitcoin reserve (SBR) has removed the “last existential risk” for the leading cryptocurrency, according to Bitwise CIO Matt Hougan. He stated that the initiative makes the current moment “the best time in history” to purchase digital gold, considering the balance of risk and return. Hougan noted that […]

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ForkLog 54 24.03.2025

Peter Schiff Amasses ~$4760 in Personal Bitcoin Reserve

Peter Schiff, President of Euro Pacific Asset Management and a well-known critic of cryptocurrencies, announced on his 62nd birthday that he would accept Bitcoin as gifts to build his own digital asset reserve. For transparency, I moved my Strategic Bitcoin Reserve from an exchange to a hardware wallet. Today is my 62nd birthday. To build […]

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ForkLog 20 17.03.2025

South Korea Dismisses Idea of Strategic Bitcoin Reserve

The Bank of Korea has “never considered” including Bitcoin in its foreign exchange reserves and views such a prospect “with caution,” according to Korea Economic Daily. The regulator clarified its stance in response to a query from a member of the National Assembly’s Strategy and Finance Committee. The primary deterrent cited by the South Korean […]

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ForkLog 23 15.03.2025

Majority of US Voters Oppose Crypto Reserve Initiative

A majority of American voters are against a crypto reserve funded by government spending and do not view the development of the industry and blockchain technology as a priority. This is according to a survey by Data For Progress. Data: Data For Progress. Among the 1,169 respondents, 51% are against the implementation of such a […]

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ForkLog 14 14.03.2025

US Lawmakers to Introduce Bill Safeguarding Bitcoin Reserve

Republican Byron Donalds is set to introduce a bill in the US Congress to enshrine President Donald Trump’s executive order establishing a SBR. This was reported by Bloomberg. The bill aims to protect the strategic bitcoin reserve from potential revocation by future presidents. If passed, the reserves will remain part of the Treasury’s long-term strategy, […]

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ForkLog 14 14.03.2025

Congress Urges Halt to Bitcoin Reserve Plan

SBR will bring “no tangible benefits” and will only enrich President Donald Trump and his sponsors, according to a letter from U.S. Representative Gerald Connolly to Treasury Secretary Scott Bessent. The legislator, representing Michigan and the Democratic Party, is a member of the Committee on Oversight and Government Reform. Connolly emphasized that Trump did not […]

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ForkLog 23 13.03.2025

Bitdeer Expands Bitcoin Reserves by 43% in a Month

By the end of February, the cryptocurrency reserves of the public mining company Bitdeer reached 1039 BTC, up from 724 BTC the previous month. This represents a growth of approximately 43%, according to a press release. During the reporting period, Bitdeer mined 110 BTC independently with its own hash rate of 9 EH/s. The total […]

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ForkLog 21 12.03.2025

K33 Describes US Bitcoin Reserve as a Strategic Move

President Donald Trump’s decision to establish a strategic bitcoin reserve (SBR) is deemed a “significant event” rather than a “waste of money,” despite concerns about recession and market downturns, according to analysts at K33 Research. They noted that the creation of the SBR demonstrates the authorities’ serious intentions regarding cryptocurrencies. Trump has tasked the development […]

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ForkLog 32 12.03.2025

Cynthia Lummis Unveils Revised Bitcoin Reserve Legislation

Senator Cynthia Lummis has introduced an updated version of the Bitcoin Act in the U.S. Senate, which would allow the government to hold over 1 million bitcoins within a newly established cryptocurrency reserve. The proposal outlines that the U.S. will purchase 200,000 BTC annually over five years, reallocating current funds from the Federal Reserve and […]

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ForkLog 40 10.03.2025

Utah Passes Cryptocurrency Law Without Bitcoin Reserve Provision

In the final stage of voting, the Utah State Senate (USA) removed a key provision from bill HB230, which proposed the creation of a Strategic Bitcoin Reserve (SBR). The document, titled “Blockchain and Digital Innovation Amendments,” lays the groundwork for integrating cryptocurrencies into the state’s legal framework. The initial version allowed the local treasury to […]

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ForkLog 39 10.03.2025

El Salvador Expands Bitcoin Reserves to 6,111 BTC

On March 9, the authorities of El Salvador expanded the national bitcoin reserve by 6 BTC. The total amount of coins held by the state reached 6,111.18 BTC ($501.9 million). In the past seven days, the fund increased by 17 BTC, and over the month — by 40 BTC. Data: Bitcoin Office. On February 26, […]

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ForkLog 19 09.03.2025

‘Crypto Czar’ Opposes New Taxes for Bitcoin Reserve Funding

Appointed by President Donald Trump, ‘crypto czar’ David Sacks has rejected the idea of taxing crypto transactions to fund the national bitcoin reserve. He made this statement on the All-In-One podcast. Sacks reiterated key details about the strategic reserve of digital gold, outlined in Trump’s executive order, emphasizing that replenishing this repository should occur without […]

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