New developments in USA Bitcoin reserves: Sources say the White House will purchase as much Bitcoin as possible!

① The price of Bitcoin has dropped nearly 14% in the past month due to safe-haven demand triggered by USA tariffs; ② Last week, USA President Trump ordered the establishment of a Global Strategy Bitcoin reserve, but did not propose any plans to purchase additional Bitcoin, which disappointed the market; ③ According to recent sources, the White House plans to buy as much Bitcoin as possible without increasing the tax burden on taxpayers, which could possibly boost the trading enthusiasm in the cryptocurrency market.

cls.cn09:38

The Trump family held discussions about acquiring shares in Binance, to which Zhao Changpeng responded: this is not factual.

The Wall Street Journal reported on the 13th that negotiations between Binance and Trump began last year, with Binance proactively contacting Trump's allies in the hopes of reaching a business agreement with the Trump family to return to the USA market. Steve Witkoff, a long-time friend of Trump, has been involved in negotiations regarding the Trade. For a long time, Binance founder Zhao Changpeng has actively sought a pardon from the Trump administration.

wallstreetcnMar 14 07:01

Big players proposed a "100 trillion" dollar cryptocurrency Global Strategy, declaring that they would even sell a kidney to hold onto Bitcoin.

Bitcoin whale Michael Saylor proposed a shocking "100 trillion dollar" Global Strategy, suggesting that the USA government should acquire 25% of the Global Bitcoin supply over the next decade, and bluntly said, "I would rather sell a kidney than not Hold Bitcoin."

Golden10 DataMar 10 13:36

Trump: The USA government holds 200,000 Bitcoins, the Treasury Secretary: Will use stablecoins to maintain the dominance of the dollar.

Previously, Trump signed an executive order intending to establish a Bitcoin reserve for the USA federal government. On Friday, he held a Digital Currency summit at the White House, comparing the Bitcoin reserve to a "virtual Fort Knox for storing digital Gold" and revealed that the USA government owns 0.2 million Bitcoins. However, the Bitcoin market responded tepidly to Trump's Bitcoin reserve plan, with Bitcoin falling nearly 4% on Friday.

wallstreetcnMar 8 10:10

Trump has signed it, and the USA has established a Bitcoin reserve, but the cryptocurrency community is likely to be disappointed.

On March 7, local time, David Sacks, the cryptocurrency director at the White House, stated on X that USA President Trump has signed an executive order to establish a Global Strategy Bitcoin reserve, but it appears to differ from what the crypto community expected. Sacks mentioned on X that this reserve will be capitalized with Bitcoin owned by the USA government, which has been obtained through criminal or civil asset forfeiture procedures, and the government will not make additional purchases. Some analysts believe these details indicate that this order represents more of a "storage" of cryptocurrencies rather than a "reserve." A "reserve" implies that the government will purchase cryptocurrencies, while "storage" merely means holding them.

wallstreetcnMar 7 09:13

Trump will host the first Cryptos summit on Friday. Can the cryptocurrency community be saved?

Frequent "lip service" by Trump may lead to a significant decline in his influence, and the real catalysts that are likely to drive up Cryptos may be...

Golden10 DataMar 6 18:07