#pi #PiNetworkMainnet #PiNetwork It is not yet time to judge whether Pi will turn to ash or gold in the future, remember! It has not been a month since this coin was listed.
PANews reported on March 7 that Fox Business News reporter Eleanor Terrett posted on platform X stating that Trump's executive order established two different mechanisms for the storage of digital assets:
1. Strategic Reserve, which only stores Bitcoin (BTC). The initial fund comes from about 200,000 Bitcoin acquired by the government over the years through criminal and civil seizures. Treasury Secretary Bessent and Commerce Secretary Lutnick were authorized to explore ways to acquire more Bitcoin without increasing the tax burden, positioning it as a national-level digital store of value.
2. Digital Asset Inventory, which includes digital assets other than Bitcoin - possibly including XRP, ADA, ETH, and SOL among others. The Department of the Treasury is responsible for the "responsible management" of the digital assets owned by the government. The government will only explore neutral budgeting methods to buy more Bitcoin and will not actively seek to increase the amount of other digital assets in the inventory. The executive order also requires a thorough audit of all government-held digital assets currently owned to ensure transparency in asset management. #TexasBTCReserveBill #Trump’sExecutiveOrder #WhiteHouseCryptoSummit $BTC $PNUT $ADA
PANews reported on March 7, according to Jinshi, that Federal Reserve Governor Waller stated on Thursday that he is strongly opposed to cutting Fed interest rates at the policy meeting to be held this month. However, he believes that if inflationary pressures continue to weaken, there is still hope for an interest rate cut later this year. Waller said he does not have enough inflation data to assess whether it should be lowered, especially under the great uncertainty caused by President Trump's trade policies.
In the long term, Waller said that the proposed monetary policy outlook from officials at the meeting last December still appears credible. He pointed to predictions of two interest rate cuts this year and next year and said, "I don't see a problem with these numbers even if the actual outcomes differ slightly." This Federal Reserve Governor also stated that when measuring inflation expectations; he pays more attention to market indicators than survey data. In this regard, information from market pricing shows that traders and investors believe that Trump's current policy goals do not truly impact long-term inflation. #TexasBTCReserveBill #Trump’sExecutiveOrder #MexicoEndsTariff $BTC $RED $PNUT
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