Breaking Crypto News: Major Moves from Trump, Binance & More
🇺🇸 U.S. Policy Shifts
Trump vs. China: President Trump confirms no plans to speak with China’s President Xi this week, accusing China of unfair practices and stating the two countries are not aligned.
Economic Outlook: Trump announces $9 trillion in incoming U.S. investments, dismissing recession concerns.
💰 U.S. Digital Asset Strategy
Strategic Bitcoin Reserve: The U.S. Treasury today delivers its assessment on building a national Strategic Bitcoin Reserve, following Trump’s executive order signed March 6, 2025. The reserve will hold government-seized BTC (about 198,000-200,000 BTC, worth ~$18 billion) and will not be sold-instead, it will be maintained as a permanent reserve asset.
Digital Asset Stockpile: A separate reserve for other digital assets (like Ethereum) will be managed by the Treasury, with potential for responsible stewardship and possible future sales.
🌍 Binance & Global Crypto Adoption
Binance Founder’s Suggestion: CZ proposes that $BNB and $BTC be included in Kyrgyzstan's national cryptocurrency reserve, signaling growing global interest in crypto as reserve assets.
BNB ETF Push: VanEck has officially applied to the SEC for approval of a BNB ETF, potentially accelerating $BNB adoption.
📈 Market & Media Impact
Crypto Media Surge: Coverage of crypto has spiked following Trump’s election victory, bringing unprecedented attention to the sector.
Market Sentiment: Mixed reactions in the crypto industry-some see the U.S. Bitcoin reserve as a game-changer, while others remain skeptical about political optics.