President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers?

A website on the dark web is raising funds to assassinate President-elect Donald Trump as part of an apparent crowdfunding scam. The website, titled “Destroy Trump,” appeared on the dark web two weeks ago and claims to have already raised $13,245 of its $30,000 goal.

Bitcoin, riding record highs following Donald Trump's embrace of the digital cryptocurrency, came back down to earth after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold it.

Bitcoin continued to break records on Monday as the original cryptocurrency surged to a new all-time high of $107,822, fueled by the growing potential for a strategic national Bitcoin reserve. The currency,

President-elect Donald Trump has been promoting the idea of creating a ‘Strategic National Bitcoin Stockpile,’ but the purpose of such an institution remains unclear.

Asset managers hoping to seize on the momentum of bitcoin funds are jockeying to put smaller tokens into exchange-traded funds.

A source familiar with the administration’s plans said Trump sees Bitcoin as "another stock market for him" and would be thrilled to see it reach $150,000 early in his term.

From his initial campaign and victory back in 2016, to running for president again after losing the 2020 election, Trump has been a relevant figure in politics for nearly a decade. This is roughly the same time during which Bitcoin emerged as a popular mainstream item, introducing cryptocurrencies in the financial world.

While markets eagerly await Trump's potential move on a national bitcoin reserve, several states are already making moves to start holding the crypto.

Trump has vowed to levy up to 100% tariffs on all goods from China, a move that could make Bitcoin mining hardware more costly for US firms.

Trump meets Crypto.com CEO Kris Marszalek at Mar-a-Lago to discuss crypto appointments and Bitcoin reserves influencing US policies.

Bitcoin hit a record high above $107,000 Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve.