Posts

Showing posts with the label crypto summit

WuBlockchain Weekly: Trump Officially Signs Executive Order for U.S. National Bitcoin Reserve, White House Hosts Crypto Summit, etc

Image
1. President Trump Signs Executive Order to Establish Strategic Bitcoin Reserve link David Sacks, the “Crypto Tsar” and the White House’s AI and Crypto Affairs Chief in the United States, tweeted that Trump has signed an executive order to establish a strategic Bitcoin reserve. The funds for this reserve come from the bitcoins obtained by the federal government through criminal or civil asset forfeiture procedures, without involving taxpayers’ money. These bitcoins will be used as a store of value and will not be sold. In addition, the executive order also establishes a US digital asset reserve for holding confiscated digital assets other than bitcoin, but will not acquire any new assets. This reserve will be managed by the US Department of the Treasury. Fox reporter Eleanor Terrett has conducted an in-depth Analysis of Trump’s establishment of strategic Bitcoin and digital asset reserves. The strategic reserve contains only BTC, with the initial funds coming from approximately 200,00...

Shiba Inu: When Will SHIB Claim A New High? Contemporary Timeline Reveals

Image
Shiba Inu (SHIB) is currently busy picking up its lost pace. The token is currently sitting at $0.00001453, up 5% in the last 24 hours. The mild surge can be attributed to the recent crypto reserve announcement that has taken the market by surprise as of late. While the expectations of building a crypto reserve by the Trump administration were always on the cards, the official announcement has led the market to witness a positive price change, with coins like Shiba Inu flashing green in the process. But amid such bullish developments, will SHIB be able to truly deliver a new high soon? Also Read: Ripple: AI Predicts XRP’s Price Post Trump’s Crypto Summit On March 7, 2025 Shiba Inu: Crypto Reserve Pushes The Token To Note A Mild Surge Source: Watcher Guru In a latest new milestone, Donald Trump announced the launch of a crypto reserve comprising major league currencies like Bitcoin, Ethereum, Solana, Ripple, and Cardano. The inclusion of Ethereum (ETH) in particular helped Shiba Inu (SH...