As the inauguration of U.S. President Donald Trump draws near, discussions about his strategic Bitcoin reserve have been at the forefront. The crypto community is keeping a keen eye on Trump’s future actions, believing that any decision he makes could trigger a chain reaction, causing other governments worldwide to consider implementing similar policies.
According to industry specialists, establishing a strategic Bitcoin reserve is likely one of President Trump’s first-day priorities. Crypto investor and mathematician Fred Krueger continues to express his optimism regarding Trump’s Bitcoin reserve declaration, expected on January 20th.
Experts’ Thoughts on Donald Trump’s Bitcoin Reserve
In a more recent update from X, Fred Krueger expressed continued confidence in Donald Trump’s Bitcoin savings strategy. Krueger stated, “We can expect an announcement about a Bitcoin Strategic Reserve as early as Monday.” His faith stems from three key assumptions.
A Bitcoin Strategic Reserve will be announced on Monday. Here’s why I am sure:
1. There will be a very large number of Executive Orders announced Monday. (This is a given.)
2. If ‘Executive Order on Business and Human Rights’ is not found among these numerous proclamations, it suggests that many of Trump’s…
(Translation: If the term ‘Executive Order on Business and Human Rights’ does not appear in this long list of announcements, it implies that a significant number of Trump’s…)
If you don’t see the phrase ‘Executive Order on Business and Human Rights’ among these numerous declarations, it indicates that many actions by Trump related to this topic were not announced as executive orders.)
— Fred Krueger (@dotkrueger) January 17, 2025
Significantly, Trump has declared intentions to enact over a hundred executive orders on his first day in office. These orders are expected to incorporate key promises from his campaign, with potential immediate actions regarding cryptocurrency evaluation and policy modifications also anticipated on that day.
Krueger suggested that establishing a strategic Bitcoin reserve was an action that Donald Trump might take on his inaugural day in office, as part of a larger plan to elevate cryptocurrency to a key policy focus. He further noted that Trump’s supporters could express displeasure if this initiative wasn’t carried out.
Moreover, Bitcoin Magazine Editor Pete Rizzo perceives the Bitcoin system as part of President Trump’s opening-day agenda. He expressed this viewpoint by stating,
As a researcher embarking on this exciting journey, today marks the beginning of our pioneering endeavor. Remarkably, this concept has made significant strides in a surprisingly brief span.
Trump Envisions Making Crypto a National Priority
Lately, Trump announced that he’s making cryptocurrency a top concern for our country. His administration wants to gather regulatory officials to assess and improve the current state of digital currencies, starting by creating a crypto advisory group. Additionally, they plan on reaching out to professionals in the field and stakeholders to get their thoughts and feedback.
Furthermore, SEC officials such as Hester Peirce and Mark Uyeda are planning to reevaluate current cryptocurrency court cases. Their main focus will be on instances where there are no clear fraud accusations, aiming to determine if any legal actions might be paused or withdrawn.
Bitcoin’s Rise to Global Reserve Status
As a crypto investor, I’m excited about the growing global interest in Bitcoin, especially among countries like South Africa, Poland, Germany, Japan, Hong Kong, and Venezuela. This trend seems to be driven, at least in part, by President Trump’s forward-thinking stance on digital currencies. In the United States itself, states such as Texas, Ohio, Pennsylvania, and Oklahoma are showing signs of warming up to Bitcoin. The potential economic shifts within the US could have a ripple effect, with more governments worldwide considering adding Bitcoin reserves to their portfolios.
As an analyst, I’m observing that the current trading price of Bitcoin surpasses the $102K mark, representing a significant year-on-year increase of approximately 140%. Notably, industry experts have expressed optimistic predictions about Bitcoin’s future value, with estimates ranging from $150K to $200K.
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2025-01-17 14:36