White House Teases Big Bitcoin Announcement as Analyst Says New All-Time Highs Are Coming This Year
The post White House Teases Big Bitcoin Announcement as Analyst Says New All-Time Highs Are Coming This Year appeared first on Coinpedia Fintech News The United States may be weeks away from a major Bitcoin policy announcement. Fresh signals out of the Bitcoin 2026 Conference are hinting that the Strategic Bitcoin Reserve is moving closer to becoming reality, while Senator Cynthia Lummis confirmed the Clarity Act is heading toward a May markup and could be on the presidents desk shortly after. “Big Move Coming” on Bitcoin Reserve At the event, Patrick Witt revealed that a major announcement on the Strategic Bitcoin Reserve is expected within weeks, hinting at progress behind the scenes. “The president signed the strategic bitcoin reserve executive order… and we‘ve been working on the legal and operational framework to get that right,” Witt said. He added, “We believe we’re going to be able to take a big step forward from the executive branch side.” The reserve, initiated under Donald Trump, is currently backed by Bitcoin already held by the government through seizures. However, the bigger push now is toward legislation. Lawmakers are working to formalize the plan through an updated bill, now evolving into the American Reserves Modernization Act (ARMA), which includes a