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USA Establishes Strategic Bitcoin Reserve: A New Era For Digital Assets

The cryptocurrency market faced significant fluctuations recently after the unexpected announcement by U.S. President Donald Trump. With an executive order, the President has initiated the formation of a strategic reserve comprising Bitcoin and other key digital assets.

Key Highlights

  • Bitcoin’s price dipped to $84,688.13, with its current value rebounding to $88,274.83.
  • Ethereum saw a 2% decrease, trading at $2,183.14, while XRP and Solana also experienced minor setbacks.
  • This movement was spurred by news of a reserve capitalized with digital assets confiscated in legal actions.
  • The order stipulates budget-neutral strategies to acquire more Bitcoins without burdening taxpayers.

Why It Matters

According to White House advisor David Sacks, the reserve will act as a digital Fort Knox, with no plans to sell the held bitcoins.

Future Outlook

President Trump is expected to meet crypto industry leaders to further clarify this initiative’s benefits for taxpayers.

Milestone Figures

Bitcoin soared to its peak of $109,071.86 last January, highlighting notable growth since Trump’s presidential victory, linked to favorable industry regulations.

UnitedHealth Removes DEI Mentions From Website Amid Growing Shift In Corporate Policies

UnitedHealth Group has significantly reduced its public focus on diversity, equity, and inclusion (DEI) by removing related content from its website. 

The reasons for these changes remain unclear, and it’s uncertain whether the removal signals a shift in the company’s policies or simply a change in the language used. A UnitedHealth spokesperson, Tyler Mason, commented that the company continues to support a collaborative environment and mutual respect, which remain integral to its culture and mission to expand access to healthcare services.

The move coincides with a broader trend among major corporations, especially in the tech industry, retreating from DEI programs. This shift is partly in response to executive orders from the Trump administration targeting DEI initiatives in companies receiving federal funding. Some tech giants, including Google and OpenAI, have already scrubbed DEI-related content from their sites.

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