Trump’s Crypto Reserve: A Reckless Gamble with US Funds?
Trump’s recent announcement that he intends to include cryptocurrencies in the nation’s strategic reserve has sent shockwaves through the financial world, causing a dramatic surge in cryptocurrency prices. The move has been met with a mixture of disbelief, outrage, and speculation, leaving many questioning the wisdom, and even the legality, of such a decision. The immediate price spike is certainly striking, and it’s hard not to see the potential for manipulation at play.
The timing of the announcement, coupled with reports of unusual financial activity surrounding a Trump-affiliated cryptocurrency, only adds fuel to the fire. It’s been suggested that a significant investment in a particular coin by a Chinese investor coincided suspiciously with the pause of an SEC investigation against them.… Continue reading
Matt Underwood