BTC reserves and Trump’s crypto CEO meeting 

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Donald Trump has continued to engage with the bitcoin mining industry despite it being half a years since his Mar-a-Lago summit with executives.

Trump made other crypto-related pledges at the Bitcoin 2024 Conference in Nashville after voicing his support for American BTC Mining.

In November of that year, The Wall Street Journal reported on his meeting with Coinbase CEO Brian Armstrong.

What is the latest rendezvous? Conversation with Crypto.com’s CEO Kris Marszalek, Monday.

“They discussed appointments related to the crypto industry, the Bitcoin reserve and the overall optimism for [the] US crypto market,” A person who was familiar with this conversation spoke to Blockworks. 

Crypto.com’s spokesperson refused to provide any further details. 

Trump nominated people who are crypto-friendly (i.e. Howard Lutnick was appointed to a number of key positions, and he brought on the so-called Crypto Czar. All eyes are on the national bitcoin reserve.

Brazil and Japan lawmakers have begun to discuss such purchases. Trump is known for his American supremacy, and winning a BTC race would not be a big stretch.   

In fact, the president-elect has indicated that BTC reserves are being discussed. MicroStrategy founder Michael Saylor stated that other nations would adopt the same system. “stampede to keep up” Why should the US follow this course? 

Saylor probably gave a speech to Microsoft shareholders about why BTC was worth investing in and holding. Now the question is, when will he give one similar in the White House?

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leadzevs/ author of the article

LeadZevs (John Lesley) is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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