President-elect Donald Trump may announce the creation of a Bitcoin Strategic Reserve (BSR) on January 20, according to Fred Krueger, a PhD holder from Stanford University.As Trump prepares to assume office for his second term as President of the United States, speculation regarding the potential establishment of a Bitcoin Strategic Reserve (BSR) has gained significant momentum.Industry insiders and analysts are closely monitoring developments. For example, prominent crypto investor Fred Krueger predicts that an announcement about the BSR will occur on January 20, the day of Trumps inauguration.Fred Kruegers Confident PredictionsFred Krueger outlined why he believes the announcement of a Bitcoin reserve is imminent. He anticipates a significant number of executive orders on the first day of Trumps presidency, suggesting that a BSR directive will likely be among them. According to Krueger, failing to include such an order could upset influential donors and create political challenges early in Trumps term. He notes that with numerous executive orders expected, delaying this decision may not be a viable option for the incoming administration.Krueger further highlights that a strategic Bitcoin reserve aligns with Trumps broader priorities. He emphasizes that the volume and scale of the anticipated announcements create an environment conducive to unveiling such a policy.Prediction for Bitcoin reserveFred Krueger's bold Prediction for Bitcoin reserveMarket Speculation for Bitcoin ReserveMeanwhile, on prediction platform Polymarket, traders are actively debating the likelihood of Trump initiating a Bitcoin reserve policy within his first 100 days in office. Current data suggests a 42% probability of this outcome, reflecting moderate confidence among market participants. This marks an 18% decline from previous levels, indicating a shift in sentiment.Market speculation for Bitcoin reserve in the first 100 daysTrading activity on the platform has been robust, with a total volume exceeding $2 million. This significant engagement underscores the high interest surrounding Trumps potential crypto policies.Broader Crypto Policy DevelopmentsIn addition to the potential Bitcoin reserve, Trumps administration is planning to prioritize crypto as a strategic national sector. According to sources cited by Bloomberg, an executive order set to be issued after the inauguration will include the formation of a crypto advisory council. This council is expected to advocate for the industry and help shape regulatory frameworks.The executive order may also formalize the U.S. governments nearly $20 billion worth of Bitcoin holdings into a national reserve. Furthermore, the administration aims to create an America-first strategic reserve that prioritizes U.S.-developed cryptocurrencies like Solana, XRP, and USDC over foreign counterparts.
WE AND OUR PARTNERS USE COOKIES ON THIS SITE TO IMPROVE OUR SERVICE, PERFORM ANALYTICS, PERSONALIZE ADVERTISING, MEASURE ADVERTISING PERFORMANCE, AND REMEMBER WEBSITE PREFERENCES.
By using this website, you automatically accept that we use cookies.
To learn more about use of cookies see our Privacy Policy. Learn More.
