Let’s secure America’s financial future.pic.twitter.com/jJFmMopP7h— Senator Cynthia Lummis (@SenLummis) March 11, 2025The refreshed bill also now sets a formal evaluation process for Bitcoin forked assets and airdropped assets in the reserve and directs the Secretary after the mandatory holding period to evaluate and retain the most valuable asset based on market capitalization while retaining the “dominant asset.”US President Donald Trump signed an executive order to create a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile,” both of which will initially use crypto forfeited to the government.
Today in crypto, a bill for the US to buy 1 million Bitcoin was re-submitted to Congress, the EU is scrutinizing OKX for a service that could’ve helped the Bybit hackers, and Ether could face further declines as ETF outflows and economic concerns pressure the market.
Source: Cointelegraph/ TradingView “A lack of new projects or builders moving to ETH, primarily due to high operating fees, is likely the principal reason behind the lackluster performance of ETH.[...] We believe that for ETH, $1,800 will be a strong level to watch,” the analysts told Cointelegraph.“However, the current sell-off is not being seen solely in ETH, we have seen a marketwide correction as fears over the impact of tariffs hit all risk assets,” they added.
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Author / Journalist: Cointelegraph by Cointelegraph
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