Former White House crypto council director Patrick Witt revealed that the US government is considering purchasing Bitcoin as part of a strategic reserve. Various methods are under discussion, including using the Exchange Stabilization Fund or accepting Bitcoin for taxes, but legal and congressional approval challenges remain. The Treasury is also reviewing existing government-held Bitcoin for accuracy, with disclosure decisions pending. This move could mark a significant shift in federal cryptocurrency policy if implemented.
Regarding the former White House crypto official's statement on U.S. Bitcoin purchases, here is Pluang's market snapshot as of Nov 12, 2026 08:41 WIB: Out of 50 major cryptocurrencies priced on Pluang, 15 rose and 34 fell today. Notable movers include ENJ at Rp410 with a -4.11% change, AAVE at Rp2.158.741 with a -3.71% change and a Pluang order activity of 36% Sell / 64% Buy, and BAT at Rp2.138 with a -3.68% change and 19% Sell / 81% Buy activity. The most notable figure is the typical hold time on Pluang for AAVE at 107 days.
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Ether (ETH), the world's second-largest cryptocurrency, briefly rose above the $2,050 mark on Binance's spot market, reaching $2,051 at 9:05 p.m. ET on November 11. However, this price increase occurred alongside a slight hourly decrease of 0.19%, in...
