{"id":10783,"date":"2025-01-31T19:31:41","date_gmt":"2025-01-31T19:31:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10783"},"modified":"2025-01-31T19:31:41","modified_gmt":"2025-01-31T19:31:41","slug":"trump-admin-eyes-bipartisan-bitcoin-reserve-scaramucci-spills","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10783","title":{"rendered":"Trump Admin Eyes Bipartisan Bitcoin Reserve, Scaramucci Spills"},"content":{"rendered":"
\n

In an interview<\/a> with CNBC on January 30, Anthony Scaramucci\u2014Founder and Co-Managing Partner at SkyBridge Capital and former White House Communications Director\u2014provided fresh insight into the Trump administration\u2019s emerging approach to Bitcoin and cryptocurrencies, highlighting potential regulatory shifts and the possibility of a US strategic reserve.<\/p>\n

Scaramucci began by addressing the recent market downturn, which some attributed to \u201cDeepseek drama<\/a>,\u201d an apparent catalyst for short-term volatility. Still, he pointed out that Bitcoin\u2019s current price remains notably higher than it was before Election Day: \u201cWe\u2019ve had a 50-ish percent rise in most of them, specifically Bitcoin\u2026 which I think topped at around $109,000. So a healthy correction made sense. And I think the market was really just looking for some type of news. And of course this AI news was perceived negatively in the US.\u201d<\/p>\n

According to Scaramucci, the new administration\u2019s policies represent a stark departure from what he characterized as the previous White House\u2019s \u201cvery anti-crypto position.\u201d Comparing the Biden era to the current Trump administration, he suggested that the regulatory stance has flipped. \u201cWe were in a very anti-crypto position\u2026 in the Biden administration. And now we\u2019re going to almost the exact opposite in the Trump administration. So I like\u2014I, you know, very bullish this year for most of these coins.\u201d<\/p>\n

A Bipartisan Strategic Bitcoin Reserve<\/h2>\n

Yet, despite the rhetoric, Scaramucci acknowledged that Bitcoin\u2019s price has slipped since President Trump took office, attributing part of this to short-term disappointment among traders who expected immediate, sweeping pro-Bitcoin action. One of the most notable revelations concerned the idea of a strategic Bitcoin reserve. Scaramucci emphasized that Crypto Czar David Sacks<\/a> aims to build a lasting, bipartisan framework:<\/p>\n

\u201cWhat David Sacks is doing is he wants to build a broad-based coalition that would include Democrats and Republicans to make something like a Bitcoin strategic reserve bipartisan. Otherwise\u2026 you have sort of this flipping and flopping, going back and forth as opposed to a consolidated long-term visionary decision,\u201d Scaramucci revealed.<\/p>\n

The intention, he explained, is to avoid a scenario where shifting control of the White House triggers a reversal of crypto policies. This more measured approach, according to Scaramucci, did not initially thrill short-term traders who \u201cwanted Donald Trump to announce on January 20th at 12:01 that he was going to have a Bitcoin strategic reserve.\u201d<\/p>\n

Scaramucci also touched on potential regulatory shifts, referencing the departure of former SEC Chair Gary Gensler and the desire for clear regulatory guidelines\u2014something Coinbase CEO Brian Armstrong<\/a> has long advocated. \u201cCoinbase has been asking the SEC for over two years: just tell us what the rules of the road are\u2026 there was a lot of regulation by enforcement.\u201d<\/p>\n

He expects a new piece of crypto legislation before February 2026 that will clarify stablecoin regulations and precisely which agency\u2014SEC or CFTC\u2014will oversee Bitcoin.<\/p>\n

On the investment products front, Scaramucci highlighted the possibility of a Solana futures ETF, hinting that such a move would pave the way for a Solana spot ETF<\/a>, similar to Ethereum\u2019s existing ETFs. He believes these developments could further underpin market confidence in the broader crypto ecosystem.<\/p>\n

Despite near-term fluctuations and recent market angst, Scaramucci\u2019s outlook remains optimistic. He reaffirmed<\/a> his stance as a \u201cBitcoin maximalist,\u201d reiterating that he expects the coin\u2019s price to reach $200,000 by the end of the year.<\/p>\n

At press time, BTC traded at $104,134.<\/p>\n

\"Bitcoin<\/div>\n","protected":false},"excerpt":{"rendered":"

In an interview with CNBC on January 30, Anthony Scaramucci\u2014Founder and Co-Managing Partner at SkyBridge Capital and former White House Communications Director\u2014provided fresh insight into the Trump administration\u2019s emerging approach to Bitcoin and cryptocurrencies, highlighting potential regulatory shifts and the possibility of a US strategic reserve. Scaramucci began by addressing the recent market downturn, which […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10783","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10783"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10783\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}