{"id":19450,"date":"2025-03-28T01:01:23","date_gmt":"2025-03-28T01:01:23","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19450"},"modified":"2025-03-28T01:01:23","modified_gmt":"2025-03-28T01:01:23","slug":"bitcoin-investors-love-the-possibility-of-us-government-investing-in-crypto-for-trump-lots-of-talk-but-no-action-yet","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19450","title":{"rendered":"Bitcoin Investors Love The Possibility of US Government Investing In Crypto. For Trump, Lots of Talk, But No Action Yet."},"content":{"rendered":"
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Bitcoin’s historic “moon landing” level highs have come down to Earth<\/a>. They rose thanks to the Trump administration’s pro-cryptocurrency rhetoric. One piece of insight the Bitcoin market was hanging onto was the creation of a Sovereign Wealth Fund (SWF), and a Strategic Reserve that would eventually hold seized cryptos, but also, perhaps, invest in Bitcoin (BTC<\/a>) as well.\u00a0<\/p>\n

“I think it’s the reasonable next step for the U.S. to do,” said Martins Benkitis, co-founder and CEO of Gravity Team, <\/strong>a digital assets market maker with offices in Singapore and Latvia. “BTC is on its path to becoming a better gold, a better store of value, and it would be a wise and reasonable choice to own some.\u201d<\/p>\n

On March 6, Trump signed<\/a> an Executive Order to create the Strategic Bitcoin Reserve<\/a>. Part of that order was the creation of a Digital Assets Stockpile. However, that stockpile “will not acquire additional assets beyond those obtained through forfeiture proceedings.” That means the government is not a buyer. The March 6 Executive Order was not bullish for BTC, and prices have been falling since.<\/p>\n

More recently, at the March 20 Blockworks Digital Assets Summit<\/strong>, Trump reiterated<\/a> his desire to make America the \u201cundisputed Bitcoin superpower and crypto capital of the world.\u201d But that’s a regulation angle and has nothing to do with government investing.<\/p>\n

“I don’t think we’ll see the U.S. creating a sovereign wealth fund for Bitcoin anytime soon,” said Ryan Chow, Co-founder & CEO of Solv Protocol<\/strong>, a decentralized digital assets asset manager in Singapore. “It could be a smart move for Trump to do it, though. As the digital economy grows, holding Bitcoin in a strategic reserve is starting to make a lot of sense. If a government-backed fund were to invest, it would send a …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin’s historic “moon landing” level highs have come down to Earth. They rose thanks to the Trump administration’s pro-cryptocurrency rhetoric. One piece of insight the Bitcoin market was hanging onto was the creation of a Sovereign Wealth Fund (SWF), and a Strategic Reserve that would eventually hold seized cryptos, but also, perhaps, invest in Bitcoin […]<\/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-19450","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\/19450","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=19450"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19450\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}