Newly introduced U.S. House and Senate bills would create a strategic Bitcoin reserve with the aim of strengthening the nation's economic foundation.

Sen. Cynthia Lummis (R-Wyo.) reintroduced legislation Tuesday to create a bitcoin strategic reserve, seeking to codify President Trump’s executive order last week establishing a reserve. The

Rep. Nick Begich (R-AK) announced Tuesday that he is introducing legislation that establishes a strategic bitcoin reserve, an idea that has gained traction since President Donald Trump’s victory. Begich announced the legislation during a Washington,

BlackRock's chief executive has warned Donald Trump’s trade policies will stoke inflation—pouring cold water on hopes the Federal Reserve will cut interest rates through

Cryptocurrencies slid further as fears over a selloff in US equities eclipsed President Donald Trump’s recent efforts to buttress the industry.

Bitcoin was supposed to boom under a crypto-friendly Trump administration, but prices have tumbled 25% since hitting an all-time high on Inauguration Day. The largest cryptocurrency slid to about $79,