Close Menu
    What's Hot

    Ethereum Rises 6.5% in the Last 24 Hours, Surpassing $3,800: Reasons Explained

    Aug. 7, 2025

    Co-Founder of Tornado Cash Convicted for Operating an Unlicensed Money Transmission Service

    Aug. 7, 2025

    Three Cryptocurrencies Demonstrating Bullish Momentum Due to Exchange Listings and Hype

    Aug. 7, 2025
    Facebook X (Twitter) Instagram
    X (Twitter) Telegram
    Chain Tech CatcherChain Tech Catcher
    Subscribe
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano
    • All Posts
    Chain Tech CatcherChain Tech Catcher
    Home » Armstrong Supports Bitcoin as the Exclusive Option for U.S. Crypto Reserve Amid Industry Discourse
    Bitcoin

    Armstrong Supports Bitcoin as the Exclusive Option for U.S. Crypto Reserve Amid Industry Discourse

    By adminMar. 3, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Armstrong Supports Bitcoin as the Exclusive Option for U.S. Crypto Reserve Amid Industry Discourse
    Armstrong Supports Bitcoin as the Exclusive Option for U.S. Crypto Reserve Amid Industry Discourse
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Coinbase CEO Brian Armstrong believes that if the U.S. were to establish a crypto reserve, Bitcoin should be its primary asset, likening it to a modern successor to gold.

    Aqua Ad Server Asynchronous JS Tag – Generated with Revive Adserver v5.5.2

    While he acknowledged that a broader basket of cryptocurrencies could be an alternative, he argued that Bitcoin alone offers the clearest and most straightforward approach. His remarks were a response to Donald Trump’s recent announcement of a proposed Crypto Strategic Reserve, which would include Bitcoin, Ethereum, Solana, XRP, and Cardano. Trump stated that his crypto working group had been instructed to move forward with the initiative, though details remain unclear.

    Aqua Ad Server Asynchronous JS Tag – Generated with Revive Adserver v5.5.2

    Arthur Hayes, co-founder of BitMEX, dismissed the announcement as lacking substance, questioning how the U.S. government would fund such a reserve without congressional approval or a significant rise in gold prices.

    .dark-mode .read-more {background-color: #343a40 !important;}

    READ MORE:

    Crypto Bull Run Could Extend Into 2026, Says Ex-Goldman Sachs Exec Meanwhile, Binance founder Changpeng Zhao (CZ) took a more optimistic stance, urging the community to focus on long-term industry growth and suggesting that additional cryptocurrencies could be added over time. The debate over whether the U.S. should adopt a Bitcoin-only strategy or diversify its crypto holdings remains unresolved. Further policy insights are expected during the upcoming White House Crypto Summit on March 7. Coinzilla Banner 300×250

    Alexander Zdravkov

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleBitcoin Active Addresses Reach Highest Level in Three Months
    Next Article Grayscale Submits 19b-4 Application for Hedera ETF

    Related Posts

    Bitcoin Market Shows Signs of Cooling in Week 32 as Liquidity Diminishes and Sellers Lose Momentum

    Aug. 6, 2025

    Binance BTC Metrics Indicate Decreasing Sell Pressure and Possible Market Recovery

    Aug. 5, 2025

    Potential Tax Reform for Bitcoin Mining Indicated in White House Crypto Report May Transform the Industry

    Aug. 5, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    Don't Miss

    Ethereum Rises 6.5% in the Last 24 Hours, Surpassing $3,800: Reasons Explained

    Altcoin Aug. 7, 2025

    Ethereum Surges Amid Institutional DemandEthereum surged 6.63% in the past 24 hours breaking above $…

    Co-Founder of Tornado Cash Convicted for Operating an Unlicensed Money Transmission Service

    Aug. 7, 2025

    Three Cryptocurrencies Demonstrating Bullish Momentum Due to Exchange Listings and Hype

    Aug. 7, 2025

    Dogecoin Price Forecast: Analysts Anticipate Bullish Momentum Despite Short-term Correction Risks

    Aug. 7, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us
    About Us

    Keep up with blockchain through Chain Tech Catcher. Gain insights on crypto, DApps, & innovations. Stay informed in this evolving landscape!

    X (Twitter) Telegram
    Most Popular

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    © 2025 Chain Tech Catcher All rights reserved.
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano

    Type above and press Enter to search. Press Esc to cancel.