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The U.S. government’s Bitcoin ambitions are making waves as Treasury Secretary Scott Bessent teases plans to expand reserves without taxpayer funding, while President Trump signs a Bitcoin reserve order but holds off on immediate accumulation, leaving markets on edge. Texas takes bold action with a Senate bill allowing public fund investments in Bitcoin, and Solana co-founder Anatoly Yakovenko pushes back against claims of lobbying for inclusion in U.S. reserves, warning against government overreach. For a deeper look at these and other key developments, read on.

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The global crypto market cap is $2.9 trillion, with a 24-hour volume of $131.64 billion. The price of Bitcoin is $88,636.72, and BTC market dominance is 60.5%. The price of Ethereum is $2,192.71, and ETH market dominance is 9.1%. The best-performing sector is Adult, which gained 31%. The Crypto Fear & Greed Index is currently Extreme Fear (34).

Treasury Secretary Scott Bessent hints at future US Bitcoin reserve acquisition plans

Federal government considers expanding Bitcoin holdings without taxpayer funds; official discussions underway in Washington.

📰 Top News

Trumps signs Bitcoin reserve order but won’t buy more – for now

The market's disappointment reveals unease over the absence of an immediate Bitcoin accumulation strategy, despite the government's new reserve policy on Bitcoin.

Texas senate passes bill enabling Bitcoin investments with public funds

Texas leads charge in cryptocurrency investments with senate passing bill endorsing Bitcoin as reserve asset.

Solana co-founder denies claims of lobbying for inclusion in US crypto reserve

Anatoly Yakovenko refuted claims of Solana's lobbying for US reserve inclusion and argued that any government control is a threat to decentralization.

📈 Latest Insights

• US government missed $17B profit by liquidating Bitcoin instead of holding

• US government’s Bitcoin reserve curbs potential $18 billion market sell pressure

• New strategic reserve changes Bitcoin’s status and puts pressure on IMF to legitimize holding

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