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North Carolina could add bitcoin and other cryptocurrency into its state investment portfolio under a bill moving in the state House this week. Advocates, including the House speaker, think it could improve returns for the state pension fund. The Digital Assets Investments Act is the first bill sponsored by new Republican House Speaker Destin Hall. Hall said in a news release that the legislation would make North Carolina a leader in technological innovation. He said cryptocurrency investments have "the potential to generate positive yields for our state investment fund."Hall’s co-sponsor...

North Carolina could add bitcoin and other cryptocurrency into its state investment portfolio under a bill moving in the state House this week. Advocates, including the House speaker, think it could improve returns for the state pension fund. The Digital Assets Investments Act is the first bill sponsored by new Republican House Speaker Destin Hall. Hall said in a news release that the legislation would make North Carolina a leader in technological innovation. He said cryptocurrency investments have "the potential to generate positive yields for our state investment fund."Hall’s co-sponsor...

Bitcoin and other cryptocurrency prices jumped after President Donald Trump named them in a post about a crypto strategic reserve. The price of Bitcoin jumped more than 10% on Sunday, after President Donald Trump said it would be part of a Crypto Strategic Reserve, along with a handful of other digital currencies. Although he didn’t initially mention Bitcoin by name, he did name smaller digital assets whose prices also spiked. In a post on Truth Social, Trump said his executive order on digital assets directed the Presidential Working Group to...

U.S. President Donald Trump announced on March 2 the first five cryptocurrencies that will form a U.S. strategic crypto reserve: Bitcoin, Ethereum, Ripple, Solana, and Cardano. Bitcoin and Ethereum are the two largest cryptocurrencies in the world by market value. By establishing a crypto reserve, the U.S. becomes a direct stakeholder in the digital asset market, gaining leverage over global policy, adoption rates, transaction standards, and institutional investment. Trump posted on Truth Social, “I will make sure the U.S. is the Crypto Capital of the World.” SEE: The 6 Best...

Bitcoin has been seen as “digital gold”. But Ethereum has been outperforming Bitcoin in one key ... aspect: supply expansion.Photothek via Getty Images President Trump announced yesterday that he had directed his Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, ADA, Bitcoin (BTC), and Ethereum (ETH), adding, “I love Bitcoin and Ethereum!” For years, Bitcoin has been hailed as “digital gold”—a scarce and predictable store of value. But in recent years Ethereum has quietly outperformed Bitcoin in one key aspect: supply expansion. Since...

After talking about creating a “strategic reserve” of cryptocurrencies during his Presidential bid last year, Donald Trump has for the first time announced five virtual coins he plans to include in the American reserve stockpile – a move which has given a booster shot to the crypto trading market, helping it upend the downward trajectory it seemed to be headed on over concerns around Trump’s uncertain trade decisions.The market prices of the five coins he named – Bitcoin, Ethereum, XRP, Solana and Cardano – all swiftly jumped after the announcement....

Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of currencies including bitcoin, ether, XRP, solana and cardano. The names had not previously been announced.Bitcoin and ether would be at the heart of this reserve, he posted on Sunday.The post sent the world’s largest cryptocurrency up by more than 20 per cent from the November lows it was trading at on Friday, helping flip sentiment on a token that has been sliding since mid-January on disappointment Trump has not...