3 Important Things to Know About the Strategic Bitcoin Reserve
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President Trump followed through on a popular campaign promise this month. After laying the groundwork for a strategic reserve of cryptocurrency holdings in earlier commitments, the March 6 signing of Executive Order 14233 seeks to establish an official Strategic Bitcoin Reserve and a separate Digital Asset Stockpile.Many crypto investors had been hoping for a truly game-changing strategic reserve, paving the way to massive federal purchases of Bitcoin (CRYPTO: BTC) and other digital assets. The executive order didn't exactly deliver on those bullish hopes, and the immediate market reaction was largely negative. On the other hand, this two-pronged digital asset strategy may turn out to have some value-boosting power after all.Here are three important details about Executive Order 14233 that probably didn't jump out at you from reading the headlines -- and perhaps not even after taking a quick look at the order. Bitcoin investors should pay more attention than others, but it's also substantial news to Ethereum (CRYPTO: ETH) and XRP (CRYPTO: XRP) holders.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool