Trump’s executive order establishes a Bitcoin reserve while relegating other cryptos to a stockpile. Market reaction, insider concerns, and policy implications unpacked.

The bitcoin stockpile, which presumably will be the larger of the two, amounts to “a virtual Fort Knox for digital gold,” Trump said during a crypto summit at the White House earlier today. “‘Never sell your bitcoin.

The Trump White House recently announced a project that the crypto industry loves, skeptics hate, and that most people, reasonably, don’t really care about: a “bitcoin strategic reserve.”