Trump Administration Don Confirm Say Dem Dey Expand US Bitcoin Reserve
Trump governmnt dey plan make dem grow di national Bitcoin reserve based on one executive order wey dem issue for March. Robert “Bo” Hines wey be di executive director for White House Digital Asset Market Working Group yan say dem don dey collect plenty Bitcoin so dem fit build di reserve. Nobody know di exact holdings but Nansen data show say US government get about 198,000 BTC which be roughly $2.35 billion. Hines yan say to grow di Bitcoin reserve, dem need better infrastructure, regulation and time. E talk say dem get plenty ways to get Bitcoin but e no talk di details. Di recent crypto policy report talk say dem want clear regulations so dat na why dem no talk di details about di reserve. Even though dem sabi say digital assets dey advance well well, di main focus remain Bitcoin, and dem dey expect make dem move forward soon. Dis move show say dem dey focus well well on crypto regulation and market infrastructure.
Bullish
Government plan for build and expand strategy Bitcoin reserve fit increase institutional demand and show strong confidence for Bitcoin long-term value. For short term, proof say accumulation dey go on plus future progress fit boost trader mind and price movement. For long term, make state-backed reserve go set example for other institutional buyers, and make market outlook for Bitcoin better.