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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
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#White House Crypto Summit
The strategic bitcoin reserve of the USA has been officially created
But there is a catch: 🇺🇸 will NOT buy BTC. ONLY confiscated coins will be included in the reserve.
According to preliminary estimates, the government retains 200,000 BTC, which will now be placed in responsible long-term storage.
And one more clarification) David Saks clarified that Trump mentioned XRP, Solana, and Cardano in his statement on the US crypto reserves simply because they are among the top five cryptocurrencies by market capitalization, without any hidden meaning. He added that the government may consider options such as lending or placing its crypto assets, and the Ministry of Finance will oversee adjustments, sales, or other strategies to align with long-term goals.
So, the crypto reserve is created, they will not buy anything, so there is no point in expecting a pump.
And finally, an interesting metric😉