Trump's bold Treasury strategy could establish the US as a frontrunner in Bitcoin reserves amid global interest.

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	Forwarded this email? Subscribe here for more Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves Trump's bold Treasury strategy could establish the US as a frontrunner in Bitcoin reserves amid global interest. CryptoSlate Dec 16   READ IN APP   Happy Monday! In today's newsletter, we explore the bold moves shaping the future of Bitcoin. President-elect Donald Trump is reportedly planning to leverage a $200 billion US Treasury fund to establish a Strategic Bitcoin Reserve, potentially positioning the US as a leader in global Bitcoin reserves. Meanwhile, Ripple's RLUSD stablecoin is generating buzz as investors are cautioned against FOMO ahead of its launch, with warnings from Ripple's CTO about unrealistic expectations. Additionally, new fair value accounting rules for Bitcoin are set to enhance transparency and pave the way for corporate adoption. Join us as we delve into these pivotal developments in the crypto space! LATEST SLATECAST 🎙️ Layer3 Co-founder Brandon Kumar on building a user-centric crypto engagement platform 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here  https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.72 trillion, with a 24-hour volume of $188.77 billion. The price of Bitcoin is $106,132.49, and BTC market dominance is 56.6%. The price of Ethereum is $3,942.67, and ETH market dominance is 12.8%. The Crypto Fear & Greed Index is currently Greed (83). 📰 Top News Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves Trump's bold Treasury strategy could establish the US as a frontrunner in Bitcoin reserves amid global interest. Ripple RLUSD investors warned against FOMO as stablecoin trades well above peg pre-launch Ripple CTO Schwartz warned that the RLUSD stablecoin is "not an opportunity to get rich." New fair value Bitcoin accounting rules go live paving way for corporate reserve adoption The FASB update enhances transparency and corporate adoption, marking a turning point in cryptocurrency accounting. 📈 Latest Insights Bitcoin reaches new $106k all-time high causing $313 million in liquidations MicroStrategy marks sixth consecutive week of Bitcoin purchase with additional 15,350 BTC for $1.5 billion 🗞️ More News Viral ‘Peanut the Squirrel’ owner battles Binance over billion dollar PNUT memecoin El Salvador grants Bitget a Bitcoin license amid $362 million profit boom Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe