Photo: Alamy President Donald Trump issued an executive order on Monday directing the U.S. Treasury and Commerce Departments ...

President Donald Trump signed an executive order directing the U.S. to take steps to create a government-owned investment fund that he said could be used to profit off of TikTok.

Trump signs executive order for a sovereign wealth fund, potentially enabling TikTok's purchase; decision expected soon.

Bitcoin shot up from the $91,000 price level in the past day and claimed a high of $102,000 while altcoins also soared.

President Donald Trump issued an executive order calling for the creation of a U.S. sovereign wealth fund Monday, adding the ...