After seven straight weeks of steady Bitcoin accumulation, Strategy founder Michael Saylor has indicated an intention to buy more Bitcoin. Saylor posted the MicroStrategy portfolio tracker, a dead giveaway for a Strategy Bitcoin purchase announcement. Michael Saylor Cues Strategy Bitcoin Purchase Michael Saylor has signaled a potential Bitcoin acquisition by Strategy after posting the company’s portfolio trackers. According to the tracker shared in an X post, Strategy holds 580,250 BTC valued at $60.69 billion at current prices. Saylor has historically posted the MicroStrategy portfolio tracker on the eve of a Strategy Bitcoin purchase announcement. Market participants are interpreting the post as a cue for an incoming Strategy Bitcoin acquisition, given previous antecedents. Orange is my Preferred Color pic.twitter.com/rc9JIcJOAT — Michael Saylor (@saylor) June 1, 2025 “Orange is my preferred color,” read Saylor’s caption accompanying the portfolio tracker post. For seven consecutive weeks, Michael Saylor has posted the portfolio tracker before… Read More at Coingape.com
Donald Trump will speak at the Digital Asset Summit (DAS) in New York on March 20, notably, this will be the first time a sitting U.S. president has ever joined a crypto conference.
Just recently, Donald Trump hosted the inaugural White House Crypto Summit. While the crypto community wasn’t thrilled with the outcomes, the event delivered key updates on the US Bitcoin Reserve and shed light on the government’s current approach to crypto regulation.
Could Be A Pre-recorded Message
The announcement comes after Bo Hines, Executive Director of the White House’s Council of Advisers on Digital Assets, spoke at DAS this week, hinting at plans to stockpile Bitcoin for a new strategic reserve. “It’s high time that our president started accumulating assets for the American people, which is what President Trump is doing rather than taking it away,” Hines told the crowd on Tuesday.
Some reports suggest that Trump’s appearance at the event may not be live, with some sources hinting at a pre-recorded message instead. Regardless, this still marks a historic moment as the U.S. president is set to formally address a crypto conference.
Key Discussions
At the event, discussions will center on Bitcoin’s adoption by institutions, regulatory updates, and the future of the crypto market. Trump is expected to outline his administration’s next steps on Bitcoin.
FOX business journalist Eleanor Terrett also shared that multiple sources at the DAS Conference have clarified that President Trump is planning to livestream into the event either today or tomorrow to address the audience.
The summit will bring together top lawmakers like Representatives Ro Khanna and Tom Emmer, along with industry giants like MicroStrategy’s Michael Saylor and Ripple CEO Brad Garlinghouse. Michael Saylor will give a keynote speech and join a discussion with BTC historian Pete Rizzo. Bloomberg ETF analyst James Seyffart will moderate a panel with key players, including Robbie Mitchnick, Head of Digital Assets at BlackRock, and Giang Bui, Head of U.S. Equities & Exchange-Traded Products at Nasdaq.
Ripple-SEC Lawsuit Ends
In a remarkable update, Garlinghouse revealed today that the SEC has dropped its appeal in the XRP lawsuit, marking a major victory for Ripple and the crypto industry.
The crypto market has been showing signs of recovery this week, following a period of volatility. Besides, the Federal Reserve announced today that it won’t be making any immediate rate cuts. However, the central bank has plans for two rate cuts later this year, which could influence financial markets, including crypto.
The post Trump to Speak at First-Ever Crypto Summit as Market Shows Signs of Recovery appeared first on Coinpedia Fintech News
Donald Trump will speak at the Digital Asset Summit (DAS) in New York on March 20, notably, this will be the first time a sitting U.S. president has ever joined a crypto conference. Just recently, Donald Trump hosted the inaugural White House Crypto Summit. While the crypto community wasn’t thrilled with the outcomes, the event …
President Donald Trump’s latest executive order (EO) introduces new rules for how the U.S. government will handle digital assets like Bitcoin (BTC), XRP, and other cryptocurrencies. The order focuses on two key components: a strategic reserve for Bitcoin and a broader digital asset stockpile that includes XRP and other altcoins.
What is the Strategic Reserve for Bitcoin?
According to Fox Business’ Eleanor Terrett and David Sacks, the EO establishes a strategic reserve for Bitcoin (BTC), which will be the U.S. government’s primary digital asset. This reserve will be funded using the approximately 200,000 BTC tokens already in the government’s possession. These Bitcoins were seized over the years through criminal and civil forfeitures—meaning they were taken from illegal activities. The government will not need to buy any additional Bitcoin with taxpayer money. In fact, officials are authorized to explore ways to acquire more Bitcoin, but only through methods that do not cost taxpayers.
What is the Digital Asset Stockpile?
Alongside the Bitcoin reserve, the EO also creates a digital asset stockpile, which will contain cryptocurrencies other than Bitcoin. The stockpile will likely include assets like XRP, ADA (Cardano), ETH (Ethereum), and SOL (Solana), as announced by the President. However, unlike Bitcoin, the government will not actively look to purchase more of these altcoins. Instead, it will explore ways to acquire them without spending taxpayer dollars, such as using cryptocurrencies already seized from illicit activities.
The Role of Seized Assets
A key point discussed by experts is how the government will build its stockpile of XRP, ADA, and other cryptos without purchasing them. According to a former Goldman Sachs employee and founder of EasyA, the government will use seized assets to fill the stockpile. Over the years, the government has confiscated a large amount of cryptocurrency as part of legal actions against criminal activity. This means no new taxpayer money will be used for the stockpile.
No Plans to Sell Crypto
The government also announced that it will not be selling any of its seized cryptocurrencies, including Bitcoin and others. This decision could reduce market volatility caused by government sales of crypto. Over the last decade, the government sold around 195,000 BTC, which some believe led to downward pressure on Bitcoin’s price. By holding onto these assets, the government is signaling a more stable approach to managing its digital holdings.
What Does This Mean for the Crypto Market?
The decision not to sell seized cryptocurrencies, along with the creation of a digital asset reserve and stockpile, is seen as a positive step for the crypto market. It reduces potential selling pressure and might help stabilize prices, especially for Bitcoin. Overall, these measures are viewed as bullish for the market, particularly for Bitcoin and other digital assets included in the government’s stockpile.
The post Explainer: What Trump’s Executive Order Means for Ripple’s XRP, and Other Altcoins appeared first on Coinpedia Fintech News
President Donald Trump’s latest executive order (EO) introduces new rules for how the U.S. government will handle digital assets like Bitcoin (BTC), XRP, and other cryptocurrencies. The order focuses on two key components: a strategic reserve for Bitcoin and a broader digital asset stockpile that includes XRP and other altcoins. What is the Strategic Reserve …
Dogecoin Reserve Live:- In an exciting announcement for the 3.83 million Dogecoin community or ‘Shibes’, House of Dogs has announced the creation of the Official Dogecoin Reserve to drive Dogecoin as a mainstream global payment solution.
House the Doge (HoD), the new entity announced by Timothy Stebbing in Feb 22 X post, was formed after he turned down several big names and corporations for Dogecoin adoption partnerships by not finding them “genuine enough”. He had already hinted the HoD will be aggregating mined Dogecoin to create a large Dogecoin Reserve & Treasury for streamlining its global adoption.
Following this announcement, Doge price has experienced a notable surge of upto 10%, with prices reaching approximately $0.19 as of writing.
Notably, the announcement comes at a time when the global crypto payments solutions have been gaining traction with many other entities making efforts recently. However, such real-world payment solutions have been more focused on Bitcoin, stablecoins such as USDT, USDC, in comparison to the utility of Dogecoin or other altcoins in such Payments.
Why is the Official Dogecoin Reserve Created
Aimed at improving the transaction lag times that have historically restricted the widespread adoption of digital currencies as real-world payment solutions, the reserve aims to build the Doge-powered global payments ecosystem.
It aims to benefit merchants by facilitating fast and efficient transactions using Dogecoin which currently processes at the rate of 60sec/transaction.
As of March 25, 2025, Dogecoin (DOGE) holds the 8th position in global cryptocurrency market capitalization rankings with its current market cap standing at approx. $27.15 billion USD.
Timothy Stebbing, Director of Dogecoin Foundation, right after the Doge Reserve news, expressed his enthusiasm by suggesting that use of Dogecoin for mobile or government Payments, at POS Terminals or for Online Shopping would be really “too cool”.
Notably, the Dogecoin Reserve is creating a proof of concept with the initial purchase of 10 million Dogecoin at current Market price. As Tim suggested, since the inception of House of Dog, it has been raising millions of dollars via the largest Dogecoin mining operation assemble in North America with a goal of 10,000 ASICs by the end of the year.
To guide the accelerating adoption of its payment system, it will also introduce cashback offers for both users and merchants and is aiming at significant partnerships in near future.
Important FAQs Related to Dogecoin Transactions
1. How much time Dogecoin Transactions Take in comparison to BTC?
Notably, under typical conditions, a Dogecoin transaction can be confirmed within about 60 seconds, offering a significant speed advantage over Bitcoin’s average confirmation time of around 10 minutes.
2. How much a Dogecoin Transaction Costs?
It offers substantially lower transaction costs – currently standing at 0.341 DOGE ($0.063) – compared to legacy payment modalities and interchange.
3. Dogecoin or Bitcoin Transaction: Which is Better?
The HoD while making Dogecoin Reserve announcement emphasized its inflationary model which ensures ongoing liquidity – with the addition of 5.2 billion new coins every year as compared to Bitcoin’s fixed cap. While this ensures liquidity, it also raises concerns about long-term value retention, as an unlimited supply can lead to inflation and reduce purchasing power.
Could DOGE Be the Next Global Currency?
Dogecoin Reserve doesn’t come as the first such instance. House of Doge, the five-year corporate partner of Dogecoin Foundation has been making efforts towards making Dogecoin, the Global currency. Last month it partnered with IndyCar Driver with Devlin DeFrancesco and Rahal Letterman Lanigan Racing to bring Dogecoin to the Indianapolis 500. This initiative included launching the Dogecoin Indy 500 Voting and Donation Platform, allowing fans to participate and support charitable causes.
Further, one of the most prominent adopter of Dogecoin has been Elon Musk who has allowed customers to buy Tesla’s innovative products using Dogecoin. Additionally, Musk has also hinted at expanding Dogecoin’s use within his other ventures, such as X (formerly Twitter), where he has suggested integrating crypto payments, including DOGE.
His space exploration company, SpaceX, has also accepted Dogecoin for certain merchandise purchases and even announced plans for the DOGE-1 lunar mission, a satellite project funded entirely in Dogecoin.
Another such Instances include:
Newegg, the electronics retailer also offers tech enthusiasts the option to purchase gadgets using Dogecoin, showcasing the integration of digital currencies in e-commerce.
Sheetz, a convenience store chain allows customers to pay for fuel and food items in DOGE.
Adidas, the global sportswear brand accepts Dogecoin for gift card purchases.
Path is Not Easy for DOGE!
However, there are certain challenges before it can achieve the global label. Confirmation times may extend for Dogecoin transaction for up to 30 minutes or more during periods of high network congestion. It also needs to compete with the already growing adoption of Stablecoins for transactions as their processing can be completed in a matter of seconds.
Although companies like Tesla and some retailers accept DOGE, mainstream adoption is still limited. Most global businesses and financial institutions prefer Bitcoin, Ethereum, or stablecoins for crypto payments due to their perceived stability and institutional backing.
Dogecoin’s price fluctuates significantly, driven by market speculation, social media trends, and influencer endorsements (notably Elon Musk). This can make it difficult for businesses and consumers to rely on DOGE for everyday transactions.
DOGE Price in the last Year
Further, Dogecoin’s proof-of-work (PoW) mechanism is similar to Bitcoin’s but has a much smaller mining network, making it more vulnerable to 51% attacks, thus, raising significant security concerns.
Thus, while initiatives like the Official Dogecoin Reserve and strategic partnerships enhance Dogecoin’s potential as a global currency, its future prominence will depend on broader market dynamics, regulatory developments, and sustained community support.
