47th U.S. President Donald Trump has made a major move by signing an executive order to create a strategic Bitcoin reserve for the United States. This decision puts the U.S. among the few nations officially building a Bitcoin reserve. However, the biggest question is how the government plans to buy BTC without spending taxpayer money. The answer lies in “budget neutral strategies,” but what does that mean?
Trump’s Bitcoin Plan: No Taxpayer Money Involved?
The executive order instructs the Treasury and Commerce Departments to find ways to buy Bitcoin without costing U.S. citizens any extra money. This means the government needs to come up with smart solutions, and experts believe several strategies are on the table.
One idea is to use the increasing value of U.S. gold reserves. This would allow the government to trade some of its gold for Bitcoin, replacing one valuable asset with another.
However, many people who support gold might disagree with this plan because they see gold as an important part of the economy.
Could the U.S. Start Mining Bitcoin?
Another option being explored is Bitcoin mining. Some analysts suggest the government could use underutilized federal resources such as excess computing power and energy from federal data centers to mine BTC.
Bhutan has been doing this since 2019, proving that it’s a viable strategy. However, Bitcoin mining remains a controversial topic in the U.S., especially due to environmental concerns.
Bitcoin-Backed Bonds Be the Answer?
A third strategy being considered is issuing Bitcoin-backed bonds. This approach has already been used by MicroStrategy’s Michael Saylor, who leveraged bonds to acquire over 2% of the Bitcoin supply.
Given that Saylor is scheduled to attend a White House crypto summit, this method could gain serious traction.
U.S. Current Bitcoin Holding
Even though Trump has signed the executive order, additional legislative approval may still be needed to put the Bitcoin reserve plan into action. Currently, the U.S. government holds about 207,189 BTC worth nearly $18.48 billion.
In the past, it sold large amounts of Bitcoin, a move that Trump’s crypto advisor David Sacks criticized as a huge loss for taxpayers.
Cardano is turning heads in the crypto space this week with a strategic partnership and a surge in trading activity. Input Output (IO), the development firm behind Cardano, has officially partnered with Brave — the popular privacy-focused web browser with over 86 million users — to integrate full ADA support into the Brave Wallet.
Announcing the partnership, Charles Hoskinson, the founder of Cardano, revealed that users will now be able to store, send, receive, swap, and sign transactions with ADA and other native Cardano assets directly through the Brave browser. The collaboration will also help Brave’s multi-chain support, which already includes Ethereum and Solana, and now adds Cardano to the mix.
Hoskinson called the Brave deal the first of several partnerships set to roll out throughout the summer and fall. He referred to these initiatives as “fixing broken windows” — deals that should have been completed earlier but faced delays. “This was long overdue. It could have happened in 2022, but certain parties dropped the ball,” Hoskinson shared.
ADA Trading Volume Spikes in Japan
On the market front, Cardano is also seeing growth in Japan. The ADA/JPY trading pair on Binance experienced a 79% increase in trading volume within the last 24 hours. This surge has made ADA/JPY the second most traded Cardano pair globally.
JUST IN: Cardano $ADA is seeing massive volume out of Japan — the ADA/JPY pair on Binance is up +79% in 24h trading volume, making it the second highest volume pair globally for $ADA. pic.twitter.com/Bn8BInAi27
According to data from TapTools, this spike reflects increased activity and interest from Japanese investors, which could further strengthen ADA’s position in Asian markets.
Cardano Holds Strong Amid Mixed Sentiment
Despite a slight dip of 2% over the past 24 hours, Cardano has surged over 19% in the last week, even briefly reaching an intraday high of $0.865. Bulls are now eyeing the $1.02 resistance level, a breakout of which could mean a sustained bullish trend for ADA.
As for Bitcoin, it recently surged past $106,000 following a temporary US-China tariff pause but has since cooled to around $101,952. Ethereum has pulled back by 3%, while Dogecoin dropped over 6%.
The post Cardano Eyes 86 Million New Users With New Partnership, Activity Soars in Japan appeared first on Coinpedia Fintech News
Cardano is turning heads in the crypto space this week with a strategic partnership and a surge in trading activity. Input Output (IO), the development firm behind Cardano, has officially partnered with Brave — the popular privacy-focused web browser with over 86 million users — to integrate full ADA support into the Brave Wallet. Announcing …
As we enter Q2 of 2025, the global crypto market finds itself steering a complex intersection of macroeconomic and geopolitical pressures.
BeInCrypto spoke with analysts Leena ElDeeb of 21Shares and Max Shannon of CoinShares, who offer distinct but insightful perspectives on the crypto space’s outlook for the new quarter.
Bitcoin’s Future: Bullish or Bearish?
The two analysts share a bullish outlook on Bitcoin, albeit with differing views on its short-term fluctuations. Leena ElDeeb sees the potential for Bitcoin to surpass $90,000, driven by macroeconomic factors such as a possible rate cut by the US Federal Reserve.
“February’s softer-than-expected CPI print boosted rate cut expectations. If rate cuts materialize, a wave of liquidity could reignite bullish momentum, pushing equities and Bitcoin past key resistance levels,” she told BeInCrypto.
In her view, Bitcoin could eventually hit a range between $150,000 and $200,000 by the year’s end, bolstered by growing regulatory clarity and political support, such as President Trump’s proposal for a strategic crypto reserve.
Max Shannon, on the other hand, remains more cautious about Bitcoin’s immediate future. He predicts that Bitcoin will continue to trade within a wide range of $70,000 to $90,000 in Q2, constrained by persistent tariff issues.
“The moment they [tariffs] get lifted will likely be a massive boon for the equities and crypto market,” he notes, indicating that a resolution could pave the way for Bitcoin’s next big move.
Both analysts acknowledge Ethereum’s struggles, particularly its nearly 40% drop in Q1. However, they also highlight key developments that could support a recovery in the next quarter.
ElDeeb points to Ethereum’s upcoming upgrade, the Pectra upgrade, which is expected to improve staking and network scalability.
“Ethereum’s staking is also about to be improved with the launch of Pectra. These changes are expected to boost the appeal of staking-enabled products,” she explained.
Additionally, she sees growing competition from other blockchain platforms like Solana and Sui, which are attracting retail users with faster and cheaper transactions. Despite this, ElDeeb remains optimistic about Ethereum’s long-term potential, particularly as scalability solutions begin to take effect.
Shannon is more skeptical of Ethereum’s future, specifically with its ongoing challenges in both the monetary and smart contract spaces.
“Ethereum is attempting to function both as a monetary asset, where it struggles to compete with Bitcoin, and as a smart contract platform, where it faces strong competition from Solana,” the CoinShares analyst stated.
Shannon also highlights Ethereum’s changing monetary policy and the increasing technical debt as concerns that could limit its growth in the short term.
The rise and fall of celebrity meme coins like TRUMP, MELANIA, and LIBRA were hot topics in Q1 2025. Both analysts agree that the hype around this category of tokens is unlikely to be sustained in the long run.
“The forthcoming cryptocurrency market rally is anticipated to be driven by significant advancements in decentralized finance (DeFi), particularly through innovative mechanisms that enhance token holder engagement,” she notes, citing Aave’s recent proposal to share revenue with AAVE token holders as a prime example of this trend.
On the flip side, Shannon suggests that the decline in meme coins and altcoins could be a sign of broader challenges in the altcoin market.
“The Melei controversy, pump.fun decline, and declining centralized and decentralized exchange volumes show altcoins could have a very hard time this year in my opinion,” he cautions.
As trading volumes continue to drop, Shannon forecasts that altcoins may continue to underperform.
“Even in a BTC bull run altcoins could underperform,” the analyst added.
The Road Ahead
Looking ahead to Q2 2025, both ElDeeb and Shannon anticipate continued market volatility. External macroeconomic conditions like US tariffs, interest rate decisions, and geopolitical factors will largely shape the market.
While ElDeeb maintains a generally optimistic view, predicting a recovery for both Bitcoin and Ethereum, Shannon advises caution, particularly with altcoins.
For investors, diversification remains key. ElDeeb emphasizes the value of Bitcoin’s fixed supply and decentralization, which have historically helped it recover from turbulent periods.
“We consider these market corrections as great market entry points,” she says.
Shannon, meanwhile, stressed the importance of caution in navigating the altcoin space. He added that Bitcoin could be the best bet for those seeking stability.
The crypto landscape in India remains a grey area, with the Asian superpower yet to establish a comprehensive crypto regulation framework. However, recent developments indicate that India is moving toward stricter oversight of the cryptocurrency industry.
The Financial Intelligence Unit of India (FIU-IND) has ordered all crypto exchanges operating in the country to update their users’ Know Your Customer (KYC) details by June 30, 2025. This move is seen as part of India’s broader efforts to strengthen crypto regulation and ensure tax compliance.
Why the FIU Is Updating KYC Rules
According to reports, a Financial Intelligence Unit investigation revealed that several users and exchanges were not adhering to the 1% TDS (Tax Deducted at Source) rules applicable to crypto transactions. To address this, the FIU-IND mandated that all crypto exchanges must reverify and update user accounts to prevent violations of the Prevention of Money Laundering Act.
June 30 Deadline: What Crypto Users and Exchanges Need to Do
Crypto exchanges must now request users to reverify their KYC details, including submitting essential information such as their Permanent Account Number (PAN), before the June 30 deadline. Failure to comply may lead to regulatory action.
Crypto Industry’s Reaction
Leading global and local exchanges, including Binance, have already begun notifying users about the KYC re-verification process. Local blockchain advocacy group Bharat Web3 Association welcomed the FIU-IND’s directive, stating that it would enhance transparency and security in the sector.
Edul Patel, CEO of Mudrex, emphasized the importance of educating users about tax obligations alongside KYC compliance, highlighting a growing focus on responsible crypto usage.
India’s Broader Crypto Regulation Efforts
Despite the FIU’s action, India’s overall crypto regulation framework is still under development. The Reserve Bank of India is reportedly preparing a discussion paper that will outline the government’s approach toward regulating the crypto sector.
Industry leaders like Sudhakar Lakshmanaraja view the recent FIU move as a positive sign, suggesting that India is serious about creating a clear and structured crypto regulatory environment.
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The post India’s Crypto Regulation Gets Stricter in 2025: Mandatory KYC Update by June 30! appeared first on Coinpedia Fintech News
The crypto landscape in India remains a grey area, with the Asian superpower yet to establish a comprehensive crypto regulation framework. However, recent developments indicate that India is moving toward stricter oversight of the cryptocurrency industry. The Financial Intelligence Unit of India (FIU-IND) has ordered all crypto exchanges operating in the country to update their …
— the ADA/JPY pair on Binance is up +79% in 24h trading volume, making it the second highest volume pair globally for 
