The world's largest crypto is lower so far in 2025 after a number of violent price swings.
The National Cryptocurrency Association is headed by Ripple Chief Kanunî Officer Stuart Alderoty.
The final reserve will be almost entirely bitcoin and will be larger than people think, the report said.
China and Germany's shift in fiscal policy might calm crypto market nerves.
After a digital assets pullback in the U.S. over the past two years, Jump is accelerating crypto trading in America and bumping up headcount, people familiar with the matter said.
The fund is 20% larger than its predecessor $500 million fund, which closed around three years ago
Bitcoin rose earlier this week, but initial excitement from Trump’s strategic reserve plans was short-lived due to profit-taking amid the lack of concrete plans and a risk-off mood in broader equity markets.
Binance open interest drops below 100,000 BTC, lowest level in over a year.
Inflows to exchanges from funds and traders usually imply an intention to sell, as large token holdings are usually stored in cold (or offline) wallets.
Signs of seller exhaustion at the 200-day SMA suggests scope for a price bounce.