PANews reported on March 5th, according to Zerohedge, Bloomberg macro strategist Simon White analyzed that the market expects the US to revalue its gold reserves to fund the purchase of cryptocurrencies. Although Trump announced last weekend the establishment of a cryptocurrency strategic reserve fund, he did not address how these cryptocurrencies would be purchased, leaving the possibility for the revaluation of US gold reserves. Recent comments by US Treasury Secretary Besent on the monetization of the asset side of the balance sheet point to a feasible way to fund a cryptocurrency base, namely: the US could revalue its gold holdings. However, gold revaluation could weaken or strengthen the dollar's reserve status, undermine the Federal Reserve's independence, and have significant implications.
Analysis: The US May Fund Cryptocurrency Purchases by Revaluing Gold Reserves
PANews2025/03/05 09:04
Show original
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Benchmark analyst reiterates "Buy" rating on Japanese crypto company Metaplanet
金色财经•2025/09/25 03:09

GAIN official: Investigating issues related to abnormal token over-issuance
金色财经•2025/09/25 02:29
Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.
Chaincatcher•2025/09/25 02:28
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$107,920.66
-2.87%

Ethereum
ETH
$3,888.06
-2.41%

Tether USDt
USDT
$1
-0.00%

BNB
BNB
$1,139.74
-2.31%

XRP
XRP
$2.34
-3.66%

Solana
SOL
$187.63
-4.95%

USDC
USDC
$0.9999
+0.00%

TRON
TRX
$0.3166
-0.03%

Dogecoin
DOGE
$0.1897
-4.45%

Cardano
ADA
$0.6491
-3.46%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now