Good afternoon, I am testing a mining BOT $DOGE on Telegram, I honestly don't know if it pays the rewards but it can be tried. If anyone has used it, could you help me by sharing your experience? #RichApp
#WhiteHouseCryptoSummit #WhiteHouseCryptoSummit ... celebrated on March 7, 2025, marked a historic moment for digital asset policy in the United States. The summit, organized by President Donald Trump, brought together more than 25 key industry leaders, including Michael Saylor, CEO of MicroStrategy, and Brian Armstrong, CEO of Coinbase ¹. The event focused on the regulation of digital assets and the strategy to promote cryptocurrency adoption in the United States. Topics discussed included regulatory clarity for cryptocurrency exchanges, stablecoin management, and the potential tax exemption on capital gains for cryptocurrency sales ¹. The summit also addressed the creation of a "Strategic Bitcoin Reserve" and a "Digital Asset Stockpile" in the United States, which could signify a significant shift in the country's cryptocurrency policy ². Furthermore, the possibility of creating a clearer and more favorable regulatory framework for the cryptocurrency industry in the United States was discussed ³.
$BTC The current price of Bitcoin (BTC) is $86,075.00 USD, with a decrease of $1,327.00 (-1.52%) since the previous close. During the day, it reached a high of $91,093.00 USD and a low of $85,345.00 USD.
Today, President Donald Trump signed an executive order to establish a strategic reserve of Bitcoin, funded by assets seized in legal proceedings. Although this initiative aims to strengthen the position of the United States in the cryptocurrency space, the market reacted with a slight decline in the prices of Bitcoin and other cryptocurrencies.
Additionally, the administration announced the creation of a national digital asset repository, which will include cryptocurrencies such as Ethereum, Cardano, and Solana. However, there are no plans to acquire beyond what has been confiscated in legal proceedings, which has generated disappointment among investors and contributed to the price decline in the altcoin market.
This development reflects a growing institutional acceptance of cryptocurrencies in the United States, although market reactions indicate unmet expectations regarding the magnitude of government purchases of digital assets.
#BitcoinPolicyShift The strategic reserve of bitcoins, compared to a "digital Fort Knox", underscores the administration's intention to consolidate the United States' position in global finance. The reserve is designed to be budget-neutral, using confiscated assets without burdening taxpayers, and aims to leverage the fixed supply of bitcoin as a strategic advantage.
However, this pro-cryptocurrency stance has faced criticism. Some express concern over potential conflicts of interest, given Trump's previous involvement with a cryptocurrency called "$TRUMP". Additionally, critics argue that establishing a national cryptocurrency reserve could inflate the value of bitcoin and pose risks due to its volatility.
Despite these concerns, proponents believe that these initiatives position the United States advantageously in the changing landscape of digital finance, potentially reducing national debt and fostering innovation in the financial sector.
$XRP XRP is a cryptocurrency created by Ripple Labs in 2012 to facilitate fast and inexpensive cross-border payments. Its network, RippleNet, allows banks and financial institutions to transfer money in seconds with low fees. Unlike Bitcoin, XRP does not use mining; all of its coins were pre-mined (100 billion). Its consensus technology, the XRP Ledger, offers high speed and scalability. Although it has faced regulations and lawsuits, it remains one of the most widely used cryptocurrencies. Its main purpose is to improve global liquidity and reduce costs in international payments, attracting the interest of companies and users around the world.
#USCryptoReserve On March 6, 2025, President Donald Trump signed an executive order to establish a strategic reserve of Bitcoin and a stockpile of other crypto assets. This initiative aims to legitimize the sector, attract more cryptocurrency-related activity to the United States, and diversify the government's financial assets. The reserve will be funded with bitcoins seized in legal proceedings, ensuring that there are no costs to taxpayers. Additionally, a "Digital Asset Stockpile" will be created, which will include other confiscated cryptocurrencies such as ether, XRP, solana, and cardano. This move positions the United States as one of the few countries with a cryptocurrency reserve, marking a significant shift in government policy towards digital assets.
#GasFeeImpact "Gas Fees Impact Prediction - What Will Happen Next? 🤔⛽💰" Gas fees or transaction costs on the blockchain are often a big challenge for users and investors. When gas fees rise, activity on the network can slow down, transaction costs increase, and even affect liquidity and adoption of digital assets. However, what will be the trend of gas fees in the future? Will we see a significant slowdown with layer 2 solutions and protocol upgrades? Or will volatility remain high, influenced by surges in demand and fluctuations in the cryptocurrency market? 📊