menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Bitwise CI...
source image

Coinjournal

7d

read

324

img
dot

Image Credit: Coinjournal

Bitwise CIO: Trump’s crypto reserve is good news for the market

  • US President Donald Trump's proposed crypto strategic reserve, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, is viewed as bullish for the market by Bitwise's CIO, Matt Hougan.
  • Hougan believes that the market is not reflecting the positive impact of the reserve due to it holding more than just Bitcoin.
  • He points out that the initial proposal may not be the final one, and the reserve is likely to be predominantly Bitcoin in the end.
  • Hougan also suggests that other countries may follow the US in buying crypto, and once purchased, the crypto is unlikely to be sold for a long time.

Read Full Article

like

19 Likes

For uninterrupted reading, download the app