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The White House Crypto Summit nobody is talking about... but everyone should: 🔥 Trump vows to make the U.S. the "Bitcoin & crypto capital of the world" 💰 Strategic Reserve will hold Bitcoin – a digital Fort Knox 🔑 U.S. already holds 200,000 BTC ($16.4B) ⚡ Trump calls Bitcoin sales under Biden "foolish" – vows smarter accumulation 💎 Non-Bitcoin digital assets will also be stockpiled 🛑 End of Operation Chokepoint 2.0 announced 📜 Stablecoin bill expected before August recess 🌎 Stablecoins = U.S. dollar dominance globally The entire meeting lasted just 26 minutes… and it’s already reshaping the market. The bull market catalysts are right in front of you. Are you positioned before institutions pile in? #Bitcoin #Crypto #TrumpCrypto #BullRun #CryptoNews $BTC

The White House Crypto Summit nobody is talking about... but everyone should: 🔥 Trump vows to make the U.S. the "Bitcoin & crypto capital of the world" 💰 Strategic Reserve will hold Bitcoin – a digital Fort Knox 🔑 U.S. already holds 200,000 BTC ($16.4B) ⚡ Trump calls Bitcoin sales under Biden "foolish" – vows smarter accumulation 💎 Non-Bitcoin digital assets will also be stockpiled 🛑 End of Operation Chokepoint 2.0 announced 📜 Stablecoin bill expected before August recess 🌎 Stablecoins = U.S. dollar dominance globally The entire meeting lasted just 26 minutes… and it’s already reshaping the market. The bull market catalysts are right in front of you. Are you positioned before institutions pile in? #Bitcoin #Crypto #TrumpCrypto #BullRun #CryptoNews $BTC

On March 6, 2025, the Texas Senate passed Senate Bill 21 (SB 21) with a 25-5 vote, aiming to create a strategic Bitcoin reserve for the state. The Texas Comptroller under this bill can use state funds to purchase Bitcoin and approve cryptocurrencies above a $500 billion market valuation threshold after its author, Senator Charles Schwertner introduced the legislation. Lieutenant Governor Dan Patrick considers bitcoin reserves to be crucial legislation because it would make Texas a leader in cryptocurrency adoption. The matter proceeds to the Texas House for additional examination. On March 7, 2025, President Donald Trump endorsed an executive order which developed a strategic Bitcoin reserve for federal use. The Bitcoin department plans to maintain a storage facility of 200,000 sequestered Bitcoins analogously to “digital Fort Knox.” The order also mandates a comprehensive audit of the government’s Bitcoin holdings and directs the development of strategies to acquire more Bitcoin without additional taxpayer expense. MASSIVE BREAKING: The ‘Strategic Bitcoin Reserve’ bill has officially PASSED the House in the state of Utah – The bill now moves onto the Senate! pic.twitter.com/qIaE7bWCzB David Sacks, the White House AI and Crypto Czar, announced the initiative, underscoring its significance in integrating cryptocurrencies into the financial system. This move precedes the White House Crypto Summit scheduled for March 7, 2025, which will feature prominent industry leaders. Additional states pursue laws like Texas after it set an example. New Hampshire adopted House Bill 302 which enables the state treasurer to distribute a maximum 5% of public funds toward Bitcoin alongside other precious metals. Legislation in Utah advances public fund investment into cryptocurrencies since the bill surpassed the Utah House and awaits to become law. House Bill No. 429 met with rejection from the Montana House of Representatives when members rejected making Bitcoin the state’s reserve asset through this legislation. The Texas Senate accepted SB 21, which represents a major advancement in the process of adopting Bitcoin as a state financial instrument. State governments join federal programs and interstate actions in creating a broader trend for public entities to investigate cryptocurrency additions in financial management portfolios. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, according to White House AI and Crypto Czar David Sacks. The initiative will be financed using Bitcoin seized through federal asset forfeiture, ensuring taxpayers incur no additional costs. The executive order also mandates a full audit of the government’s digital asset holdings to enhance transparency. Sacks estimates that the federal government possesses around 200,000 BTC, though a comprehensive audit has never been conducted. The new directive prohibits the sale of Bitcoin held in the reserve, framing it as a digital equivalent of Fort Knox. The administration aims to position the United States as a global leader in cryptocurrency and blockchain adoption. In addition to Bitcoin, the executive order establishes a U.S. Digital Asset Stockpile to store non-Bitcoin digital assets seized by federal agencies. However, the government will not acquire additional cryptocurrency beyond what is obtained through forfeiture. The policy shift could significantly alter market dynamics by reducing the frequency of large-scale government Bitcoin sales. The Trump administration has directed the Treasury and Commerce Departments to identify budget-neutral strategies for acquiring additional Bitcoin. Sacks noted that previous federal Bitcoin sales resulted in an estimated $17 billion in lost value for taxpayers. By retaining its holdings, the government aims to strengthen Bitcoin’s role as a strategic financial asset. The Bitcoin price dropped by 3% during the last 24 hours to stay at the trading value of approximately $86,600. Analysts in the market are assessing how the policy change will affect future market supply and demand patterns. The restriction of government Bitcoin sales activities would counter sell-side pressure allowing Bitcoin to become a more effective store of value. In a separate policy decision, Trump has issued executive actions postponing tariffs on imports from Canada and Mexico. Goods covered under the USMCA trade agreement will continue to be exempt from tariffs following negotiations with Canadian officials and Mexican President Claudia Sheinbaum. However, products not protected under USMCA, such as avocados and Canadian energy, may still be subject to duties. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

🔥 Key points from Donald Trump ⏺️ We will make the USA the crypto capital of the world ⏺️ We will create a crypto reserve that will become Fort Knox ⏺️ The Biden administration has been suffocating the crypto industry ⏺️I want stablecoin legislation to be passed before the…