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A number of U.S. states have rejected the idea of using bitcoin as a reserve asset due to its volatility, the report said.

U.S. Treasury Secretary Scott Bessent said on Friday that the U.S. economy may slow as it transitions away from public spending towards more private spending, calling it a "detox period" needed to reach a more sustainable equilibrium. "Look, there's going to be a natural adjustment as we move away from public spending to private spending," Bessent said on CNBC. "The market and the economy have just become hooked, and we've become addicted to this government spending, and there's going to be a detox period."

MtnDAO is launching a token and a futarchy-powered investment fund to boot.

Wall Street is assessing the crucial monthly jobs report amid market uncertainty driven by President Donald Trump's volatile trade policy.

Michael Saylor calls Trump’s Strategic Bitcoin Reserve a "historic moment" as Bitcoin slides below $88K.

Broadcom shares are surging in premarket trading Friday after the chipmaker posted quarterly results and an outlook that topped analysts’ expectations on the back of robust demand for its artificial intelligence semiconductors.

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