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- 🌙 Trump Creates a Strategic Bitcoin Reserve
🌙 Trump Creates a Strategic Bitcoin Reserve
President Donald Trump established a Strategic Bitcoin Reserve and a stockpile of other digital assets through an executive order on Thursday, shortly before hosting a crypto summit at the White House.
Mike Gavela
March 07, 2025
In partnership with
Crypto Roundup - March 7
The recent news highlights pivotal moments in the cryptocurrency landscape marked by government engagement and significant market activities. A notable development includes the U.S. House Financial Services Chair's plans to introduce key crypto legislation aimed at regulating digital assets and stablecoins within the new administration's first 100 days. This move could have substantial implications for the market's structure and investor confidence. Meanwhile, the White House hosted a significant summit on cryptocurrency, reflecting a broader government acknowledgment of its importance in financial strategies, though specifics of the discussions and attendees are yet undisclosed. This event is seen as a crucial indicator of future regulatory frameworks and industry partnerships. Additionally, the U.S. Treasury's consideration of selling gold reserves to fund a strategic Bitcoin stockpile underscores a monumental shift towards integrating cryptocurrencies into national financial reserves, reflecting a long-term confidence in digital assets.
Top Stories
U.S. House Financial Chair proposes: Introduction of comprehensive crypto legislation within the administration's early days.
White House hosts crypto summit: Event marks a significant governmental acknowledgment of cryptocurrency's role.
U.S. considers Bitcoin reserve: Treasury debates selling gold to fund a Bitcoin stockpile, indicating strategic confidence in cryptocurrencies.
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TOP STORIES
FUNDRAISING
001/ We’re thrilled to announce that DoubleZero Foundation has completed a $28 million token round co-led by @multicoincap and @dragonfly_xyz, with participation from @FoundationCap, @recvcx, @dba_crypto, @borderless_cap, @Superscrypt, @_Frictionless_ and others to build a new,… x.com/i/web/status/1…
— DZ (@doublezero)
3:20 PM • Mar 6, 2025
OTHER HEADLINES
CRYPTO TWITTER (X)
The Treasury Secretary is publicly telling you they are going to buy more bitcoin.
Never bet against America 🇺🇸
— Anthony Pompliano 🌪 (@APompliano)
2:00 PM • Mar 7, 2025
Budget neutral ways to acquire bitcoin:
- $39b of exchange stabilization fund
- $160B from selling SDRs
- $800B from gold certificate revaluation
=$1T “budget neutral” bitcoin buysBITCOIN TO $1,000,000
“The Secretaries of Treasury and Commerce are authorized to develop… x.com/i/web/status/1…
— Teddy Bitcoins (@TeddyBitcoins)
12:57 AM • Mar 7, 2025
With growing activity and innovation around token-based network models, builders are wondering how to distinguish different types of tokens — and which might be the best choice for their business.
At the same time, both consumers and policymakers are trying to better understand… x.com/i/web/status/1…
— a16z crypto (@a16zcrypto)
6:29 PM • Mar 7, 2025
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