U.S. Establishes Strategic Bitcoin Reserve Initiative

The U.S. is embracing cryptocurrency as part of a broader strategy to enhance its global leadership in FinTech, with President-elect Donald Trump likely to advocate for a national bitcoin reserve amid a pro-crypto government. This shift follows significant political investments by crypto super PACs, which helped elect pro-crypto candidates and reshape congressional dynamics. Meanwhile, memecoin PEPE has surged 16%, surpassing competitors like Shiba Inu, benefiting from overall market momentum driven by Bitcoin’s rising price. Trump's administration is also reportedly considering a dedicated cryptocurrency division to streamline regulatory interactions, reflecting a push for innovation and reduced SEC oversight. As grassroots support for bitcoin grows, institutional investors are increasingly seeking exposure through ETFs, marking a pivotal moment for the crypto market. The implications of these developments could resonate across digital economies and regulatory landscapes.