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White House Official Dubs Bitcoin "Digital Gold," Wants to buy More

White House crypto head Bo Hines says the US is looking to buy as much Bitcoin as possible, calling the cryptocurrency “Digital Gold.” The WH official said it’s in the United States’ best interest to accumulate as much “as we can possibly get.” JUST IN: White House official says "Bitcoin is digital gold" and it's in the United States' best interest to accumulate as much BTC "as we can possibly get." pic.twitter.com/EUWruv5fRE — Watcher.Guru (@WatcherGuru) June 26, 2025 Speaking with representatives from the US Senate Banking Committee, Hines says that the White House is keen on the idea of the accumulation of Bitcoin. Hines has referred to BTC as Digital Gold since being appointed Executive Director of the President’s Council of Advisers on Digital Assets of the White House. “Obviously this has to be done in budget-neutral ways that don’t cost the taxpayer a dime, the President was clear about that in his executive order,...

Is the US DoD about to start mining bitcoin? Crypto X thinks so

Earlier today, rumors circulated on social media of a covert bitcoin (BTC) mining operation at the US Department of Defense (DoD). Sparked by a claim from a worker at BTC ATM company Byte Federal and amplified by Jason Lowery, screenshots of posts from notable investors like Michael Saylor, Matthew Pines, and David Bailey alluded to vague, upcoming, “big” federal developments. The unsubstantiated rumor took flight despite flimsy evidence, earning hundreds of thousands of impressions. I think the DoD is going to start mining bitcoin. pic.twitter.com/hsvTNwfwUr — Michelle Weekley (@michelleweekley) March 17, 2025 On March 6, 2025, President Donald Trump established a Strategic Bitcoin Reserve and another Digital Asset Stockpile. Neither involve mining. However, Trump has previously expressed support for BTC mining , including during last summer’s presidential campaign trail. “BTC mining may be our last line of defense against a CBDC. Biden’s ha...

Robert F. Kennedy Jr. blasts inflation as ‘government theft’

United States Independent presidential candidate Robert F. Kennedy Jr. has blasted the government for allegedly profiting from inflation while highlighting the role cryptocurrencies can play in the Treasury. Speaking during a roundtable session on July 25 at the 2024 Bitcoin Conference, Kennedy labeled inflation as “government theft,” which mainly impacts the middle class. The politician argued that adopting Bitcoin (BTC) offers an escape from the current inflation ary environment, which he described as a “highway to hell.” He praised Bitcoin’s decentralized nature as a model for restoring democracy and personal freedom. Picks for you Blockchain Outsource/MSMES Clinic launch: Nigeria set to lead global economy and technology with Gluwa 32 mins ago ...