Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.
It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings.
The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.”
Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings.
The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers.
IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings.
The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.
The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department.
PROMISES MADE, PROMISES KEPT
President Trump promised to create a Strategic Bitcoin Reserve and Digital Asset Stockpile. Those promises have been kept.
This Executive Order underscores President Trump’s commitment to making the U.S. the “crypto capital of the world.”
I want to thank the President for his leadership and vision in supporting this cutting-edge technology and for his rapid execution in supporting the digital asset industry. His administration is truly moving at “tech speed.”
I also want to thank the President’s Working Group on Digital Asset Markets — especially Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick — for their help and support in getting this done. Finally Bo Hines played a critical role as Executive Director of our Working Group.
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Although yesterday's dump was fast and tough -especially for the late buyers, I'm going to show how this is a HUGE opportunity and the dump was a TRAP
There are also many positives to take from this dump to learn BETTER take profit strategies for the next pump
Today I'm going to show you how I'm using this to improve myself and why I still think we have a MEGA #Bullish Q4 incoming for #Crypto
See you soon
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@elonmusk Nonsense. Just a suggestion to what you are typing next is not election interference. First you searched all the Disney cartoon characters and then Google AI obviously thought you wanted Donald Duck next ! You should buy Disney and leave Google for the free world.
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We are STILL IN A BULL RUN
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Dear Markets.
On Wednesday Powell will speak at the presser after the FOMC.
At the presser he will say;
1. They are holding rates where they are.
2. Inflation is still not at the 2% target and seems to be on a slight rise.
3. They will need data to show that inflation is coming down before they can reduce rates.
4. They will deploy a data-driven approach.
5. Whilst the economy is slowing a bit , unemployment is still to low.
Please don’t act surprise when this happens….
EXCLUSIVE: He’s been expelled from Congress, and charged with 23 federal crimes. Now George Santos sits down with me again after admitting in our first interview last year that he’s a ‘terrible liar.’ What does he admit to now? Find out tonight on @PiersUncensored
We told you about $KASPA before it exploded.
We told you about $RLB Rollbit before it exploded.
We told you about $BONK before it exploded.
We told you about $SIDUS before it exploded.
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We told you about $SFUND Seedify before it exploded.
We told you about $XNA before it exploded.
These are just a few of our signals in the bear market.
Now, picture this: we're on the brink of a bull market...
I am withdrawing my defamation suit against @zachxbt.
Zach has many times in the past been of great service to the crypto community and pursuing legal action against him was a last resort but not the right path.
I appreciate that Zach has made important amendments to his article, and we have mutually agreed to move on from this matter.
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