{"id":15889,"date":"2025-03-03T14:31:31","date_gmt":"2025-03-03T14:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15889"},"modified":"2025-03-03T14:31:31","modified_gmt":"2025-03-03T14:31:31","slug":"analysts-doubt-us-crypto-reserve-expansion-beyond-bitcoin-cite-funding-challenges","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15889","title":{"rendered":"Analysts Doubt US Crypto Reserve Expansion Beyond Bitcoin, Cite Funding Challenges"},"content":{"rendered":"<div>\n<p>Analysts at <strong>Bernstein <\/strong>have raised concerns that expanding the proposed U.S. Crypto Strategic Reserve to include blockchain assets beyond <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) using Federal Reserve or Treasury funds faces significant hurdles, despite a bullish market response to President <strong>Donald Trump<\/strong>&#8216;s <a href=\"https:\/\/www.benzinga.com\/25\/03\/44068814\/bitcoin-ethereum-dogecoin-rally-on-trumps-strategic-crypto-reserve-announcement-cardano-xrp-solana-skyrocket-analyst-says-btcs-new-ath-possible-later-in-the-month\">weekend announcement<\/a>.<\/p>\n<p>The reserve, unveiled ahead of Trump&#8217;s Crypto Summit scheduled for Friday, includes five digital assets\u2014Bitcoin, <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>), <strong>Solana <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>), <strong>Ripple <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>), and <strong>Cardano <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ada\/usd\">ADA<\/a>)\u2014sparking debate over its feasibility and funding. <\/p>\n<p>While Bitcoin&#8217;s inclusion aligns with its \u201cdigital gold\u201d narrative, the rationale for other assets remains murky, Bernstein noted.<\/p>\n<p><strong>Also Read: <a href=\"https:\/\/www.benzinga.com\/25\/03\/44072895\/trading-agents-lead-ai-web3-future-says-galxe-co-founder-charles-wayn\">Trading Agents Lead AI-Web3 Future, Says Galxe Co-Founder Charles Wayn<\/a><\/strong><\/p>\n<p>The announcement triggered a sharp market rally. Bitcoin climbed above $94,000 (up 12%), while Ethereum gained 15%. Meanwhile, Solana, XRP, and Cardano surged 25%, 30%, and 70%, respectively, from last week&#8217;s lows.<\/p>\n<p>Yet, Bernstein analysts argue that justifying federal purchases of non-Bitcoin assets is a tough sell. <\/p>\n<p>&#8220;We think a realistic path could be that the U.S. government can convince Congress that Bitcoin is the new digital gold\/global store of value and a gold revaluation\/gold reserve reallocation makes sense. However, buying other blockchain assets from Fed funds or treasury &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44077079\/analysts-doubt-us-crypto-reserve-expansion-beyond-bitcoin-cite-funding-challenges\" alt=\"Analysts\" doubt us crypto reserve expansion beyond bitcoin cite funding challenges>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Analysts at Bernstein have raised concerns that expanding the proposed U.S. Crypto Strategic Reserve to include blockchain assets beyond Bitcoin (CRYPTO: BTC) using Federal Reserve or Treasury funds faces significant hurdles, despite a bullish market response to President Donald Trump&#8216;s weekend announcement. The reserve, unveiled ahead of Trump&#8217;s Crypto Summit scheduled for Friday, includes five [&hellip;]<\/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-15889","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\/15889","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=15889"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15889\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}