cointelegraph.com Open in urlscan Pro
104.18.197.52  Public Scan

Form analysis
3 forms found in the DOM

<form novalidate="novalidate" class="py-4 rounded-xl newsletter-subscription-form_k9oQq" data-ct-widget="newsletter-subscription-form">
  <p class="!mt-0 text-xs font-semibold leading-4 text-fg-primaryDefault ps-4 pb-1 sm:text-sm newsletter-subscription-form-enjoy_uvMCq">Explore more articles like this</p>
  <p class="!mt-0 text-base font-semibold leading-5 text-fg-inverted ps-4 pb-1 sm:text-lg newsletter-subscription-form-title_7jvjJ">Subscribe to the Markets Outlook newsletter</p>
  <p class="!mt-0 text-xs leading-4 text-[#98A4AA] ps-4 pe-1 pb-3 newsletter-subscription-form-description_wtZv+">Get critical insights to spot investment opportunities, mitigate risks, and refine your trading strategies. Delivered every Monday</p>
  <div class="flex me-3 newsletter-subscription-form-image_FGyNw">
    <div class="relative self-end flex justify-end items-start w-20 sm:w-28 h-0 sm:h-28"><img src="https://s3.cointelegraph.com/storage/uploads/view/9eae0e798df83a1530d957f23cb4573e.svg" decoding="async" fetchpriority="high" loading="lazy"
        class="absolute sm:static bottom-0 h-20 w-20 sm:w-28 sm:h-28" pinger-seen="true"></div>
  </div>
  <fieldset class="inline-flex px-4 flex-col gap-2 sm:gap-2 sm:flex-row sm:items-center newsletter-subscription-form-fieldset_FaYGX"><input placeholder="Email Address" name="email" type="email"
      class="flex-grow py-2 ps-3 pe-2 outline-none border border-[#48575D] rounded-lg bg-bg-invertedStrong text-base text-white placeholder-[#66747C]g disabled:bg-transparent disabled:text-[#98A4AA] hover:outline-none newsletter-subscription-form-input_HCPZH focus:border-border-primaryMuted"><button
      type="submit" class="flex items-center justify-center min-w-48 shrink-0 bg-fg-primaryDefault hover:bg-fg-primaryStrong dark:text-black rounded-lg px-4 py-2 text-uiMDefault gap-2 gap-none" data-ct-theme="dark"><!----><span
        class="capitalize">Subscribe</span></button></fieldset>
  <p class="!mt-2 mx-4 inline-flex text-[#98A4AA] text-xs newsletter-subscription-form-tos_lBW2V">By subscribing, you agree to our <a target="_blank" href="/terms-and-privacy">Terms of Services and Privacy Policy</a></p><!---->
</form>

<form novalidate="novalidate" data-testid="footer-subscription-form" class="footer-subscription-form mb-6 md:mb-8 mx-5 tablet:mx-0" data-v-ed1b37b6="">
  <div class="footer-subscription-form__wrp" data-v-ed1b37b6=""><label for="footer-subscription-form-input" data-testid="footer-subscription-form-label" class="visually-hidden" data-v-ed1b37b6=""> Email Address </label><input
      id="footer-subscription-form-input" type="email" placeholder="Email" data-testid="footer-subscription-form-input" value="" class="input footer-subscription-form__input" data-v-ed1b37b6=""><button type="submit"
      data-testid="footer-subscribe-submit-button" class="btn footer-subscription-form__btn" data-v-ed1b37b6=""> Subscribe </button></div><!---->
</form>

<form autocomplete="off" data-testid="search-input-mobile-submit" class="container header-mobile-search-form" data-v-66e3094c=""><button type="submit" class="btn header-mobile-search-form__btn" data-v-66e3094c=""><span class="btn__wrp"
      data-v-66e3094c=""><span class="btn header-mobile-search-form__magnifier-icon" data-v-66e3094c=""></span></span></button><label class="header-mobile-search-form__label" data-v-66e3094c=""><input placeholder="Search" type="text" name="query"
      data-testid="search-input-mobile" autocomplete="off" autofocus="autofocus" value="" class="input header-mobile-search-form__input" data-v-66e3094c=""></label><button class="btn header-mobile-search-form__btn" data-v-66e3094c=""><span
      class="btn__wrp" data-v-66e3094c=""><span class="btn header-mobile-search-form__cross-icon" data-v-66e3094c=""></span></span></button></form>

Text Content

$

BTC $98,846 +1.54% ETH $3,368 +7.28% BNB $630 +3.13% SOL $259 +7.93% XRP $1.40
+20.64% TON $5.51 +2.29%
 * 
   English
 * Advertise
 * About

News
Bitcoin
Ethereum
Altcoins
Blockchain
Business
Policy & Regulations
AI
NFTs
DeFi
Adoption
Markets
Market News
Market Analysis
Top 10 Cryptocurrencies
Calculator
Heatmap
Rankings
Price Indices
Memecoins
Crypto Exchanges
Magazine
People
Top 100 2023
Top 100 2022
Top 100 2021
Top 100 2020
Opinion
Expert Take
Interview
Learn
Research
Crypto Bonus
Podcasts

Ad
Vince Quill
8 hours ago


INDUSTRY EXECS SEEK POSITIONS ON TRUMP’S CRYPTO ADVISORY COUNCIL

President-elect Trump promised to establish a strategic Bitcoin “stockpile”
during the Bitcoin 2024 event in Nashville, Tennessee. 

2500 Total views
1 Total shares
Listen to article
2:39

News
COINTELEGRAPH IN YOUR SOCIAL FEED
Follow ourSubscribe on

 * 
 * 
 * 
 * 
 * 
 * 
 * 
 * 

Industry executives are reportedly seeking a seat at President-elect Donald
Trump’s highly-anticipated crypto advisory council, which will be responsible
for crafting regulatory policy and expected to establish a Bitcoin BTC $98,824
strategic reserve.

According to a Reuters report, Coinbase, Ripple Labs, and venture capital firm
a16z are among some of the firms looking to join the council. The council may be
nestled under the White House’s National Economic Council, but this is not
certain, and the council may operate as a separate, standalone entity.

Speaking at the North American Blockchain Summit on Nov. 21, Bitcoin advocate
and co-founder of the Satoshi Action Fund Dennis Porter explained the importance
of establishing a Bitcoin strategic reserve in the United States:

> "A great way for us to protect ourselves from outside influence — undue
> influence from our foreign adversaries — is to be in the market buying and
> selling Bitcoin, acting as a shock absorber for all the incredible Bitcoin
> miners that we have here in this country."

Porter continued by comparing the establishment of a Bitcoin strategic reserve
to the Louisiana Purchase in 1803 and the US government’s acquisition of Alaska
in 1867 — a point previously stated by MicroStrategy CEO Michael Saylor.

“We bought these things for pennies on the dollar,” Porter remarked and argued
that the US has the same option to do the same today by adopting Bitcoin as a
reserve asset before other countries beat the US to the punch.

US government assets and liabilities. Source: United States Treasury Department

Related: US Bitcoin reserve during Trump presidency could pump BTC to $1M


THE RACE IS ON FOR A BITCOIN STRATEGIC RESERVE

Senator Cynthia Lummis — who introduced the Bitcoin strategic reserve bill to
the Senate earlier in 2024 — recently argued that the Treasury Department should
convert some of its gold to Bitcoin to seed the strategic reserve with assets.

Pro-Bitcoin investor and asset manager Anthony Pompliano also remarked that the
Bitcoin race between sovereign powers is underway in a Nov. 16 appearance on
Yahoo Finance, and urged the US government to “Get as much Bitcoin onto the
balance sheet as possible.”

However, not all industry participants are optimistic about the Bitcoin
strategic reserve being established under the incoming Trump administration.

Galaxy Digital CEO Mike Novogratz previously opined that he believes a Bitcoin
strategic reserve is unlikely under a Trump administration but also forecasted a
$500,000 Bitcoin price tag if the strategic reserve is founded in the near term.

Magazine: Bitcoin $500K prediction, spot Ether ETF ‘staking issue’— Thomas
Fahrer, X Hall of Flame

Explore more articles like this

Subscribe to the Markets Outlook newsletter

Get critical insights to spot investment opportunities, mitigate risks, and
refine your trading strategies. Delivered every Monday


Subscribe

By subscribing, you agree to our Terms of Services and Privacy Policy


 * #Bitcoin
 * #Bitcoin Price
 * #Bitcoin Regulation
 * #Adoption
 * #United States
 * #White House
 * #Donald Trump
 * #Regulation


2 2 1 1 1 1 1 1 1
Read more
 * Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund
 * ad
   Application-specific blockchain oracles can help Web3 projects connect to the
   world
 * CFPB leaves crypto wallets out of ‘Larger Participants’ rule

Ad
Editor’s Choice
 * Solana breaks all-time high on Coinbase, 2 years after FTX catastrophe
 * MicroStrategy completes $3B raise to buy more Bitcoin as MSTR falls 25%
 * 110M Doodles coffee cups appear at McDonald’s across the US: NFT Collector
 * ‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs
 * SEC Chair Gary Gensler to step down

Cointelegraph YouTube Subscribe

Ad
Ad
Ad
Advertise with us
Ad Take back your safety in Web3

Web3 Antivirus does not endorse any content or product on this button. While we
aim at providing you with all important information that we could obtain,
readers should do their own research before taking any actions related to the
company and carry full responsibility for their decisions.

News
 * Bitcoin
 * Blockchain
 * Ethereum
 * Altcoins
 * Business
 * Policy & Regulations
 * AI
 * NFTs
 * DeFi
 * Adoption

Features
 * Top 100 2023
 * Top 100 2022
 * Top 100 2021
 * Top 100 2020
 * Magazine
 * Analysis
 * Opinion
 * Hodler’s Digest
 * Expert Take
 * Top 10 Cryptocurrencies
 * Market Analysis
 * Interview

Market Tools
 * Market News
 * Bitcoin Price Index
 * Ethereum Price Index
 * Bitcoin Cash Price Index
 * Litecoin Price Index
 * Ripple Price Index
 * Monero Price Index
 * Memecoins
 * Heatmap
   Partner
 * Calculator
 * Solana RPC

Learn
 * Learn
 * History of Crypto

Industry
 * Research
 * Podcasts
 * Press Releases
 * Events
 * Cointelegraph Accelerator
 * Changelly
   Partner
 * Switchere
   Partner
 * iGaming

About us
 * Franchise
 * Advertise
 * About
 * Widgets
 * Newsletters
 * Contacts

Are you a journalist or an editor? Join us
 * 
 * 
 * 
 * 
 * 
 * 

MOBILE APPS

COINTELEGRAPH NEWSLETTER
Email Address Subscribe
Cointelegraph covers fintech, blockchain and Bitcoin bringing you the latest
crypto news and analyses on the future of money.
FOLLOW US
 * 
 * 
 * 
 * 
 * 
 * 

Terms of services and Privacy policy
© Cointelegraph 2013 - 2024


Cointelegraph.com uses Cookies to ensure the best experience for you.

Accept