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On March 7, 2025, President Donald Trump hosted the inaugural White House Digital Assets Summit, signaling a pivotal shift in the U.S. government's approach to cryptocurrency and blockchain technologies. The summit aimed to position the United States as a global leader in the rapidly evolving digital asset landscape. Establishment of the Strategic Bitcoin Reserve A central announcement during the summit was the creation of a Strategic Bitcoin Reserve. This initiative involves the U.S. government retaining Bitcoin assets acquired through criminal and civil forfeitures, rather than liquidating them as done previously. President Trump emphasized that this strategy would bolster national financial security without imposing additional costs on taxpayers. He stated, "We don't want any cost to the taxpayers." Formation of the U.S. Digital Assets Stockpile In addition to Bitcoin, the administration introduced plans for a U.S. Digital Assets Stockpile to manage other cryptocurrencies such as Ethereum (ETH), Solana (SOL), Cardano (ADA), and Ripple (XRP). This initiative aims to centralize and oversee various digital assets held by the government, ensuring proper management and strategic utilization. Appointment of a 'Crypto Czar' To spearhead these initiatives, President Trump appointed venture capitalist David O. Sacks as the White House AI and Crypto Czar. In this role, Sacks is tasked with developing a comprehensive legal framework for the cryptocurrency industry, promoting innovation while safeguarding investor interests. Industry Engagement and Reactions The summit attracted prominent figures from the cryptocurrency sector, including executives from major firms like Coinbase and Ripple. While many attendees praised the administration's proactive stance, some expressed concerns over the lack of detailed regulatory guidance. The market reacted to the announcements with notable volatility; Bitcoin's price experienced fluctuations due to uncertainties surrounding the government's commitment to purchasing new coins. Looking Ahead The White House Digital Assets Summit marks a significant milestone in integrating cryptocurrency into national policy. As the administration moves forward with these initiatives, the global financial community will closely monitor the impact on market dynamics and regulatory developments. $DOGS $BTC $ETH $SOL $IP $SHIB $TRUMP holders keep alert

On March 7, 2025, President Donald Trump hosted the inaugural White House Digital Assets Summit, signaling a pivotal shift in the U.S. government's approach to cryptocurrency and blockchain technologies. The summit aimed to position the United States as a global leader in the rapidly evolving digital asset landscape. Establishment of the Strategic Bitcoin Reserve A central announcement during the summit was the creation of a Strategic Bitcoin Reserve. This initiative involves the U.S. government retaining Bitcoin assets acquired through criminal and civil forfeitures, rather than liquidating them as done previously. President Trump emphasized that this strategy would bolster national financial security without imposing additional costs on taxpayers. He stated, "We don't want any cost to the taxpayers." Formation of the U.S. Digital Assets Stockpile In addition to Bitcoin, the administration introduced plans for a U.S. Digital Assets Stockpile to manage other cryptocurrencies such as Ethereum (ETH), Solana (SOL), Cardano (ADA), and Ripple (XRP). This initiative aims to centralize and oversee various digital assets held by the government, ensuring proper management and strategic utilization. Appointment of a 'Crypto Czar' To spearhead these initiatives, President Trump appointed venture capitalist David O. Sacks as the White House AI and Crypto Czar. In this role, Sacks is tasked with developing a comprehensive legal framework for the cryptocurrency industry, promoting innovation while safeguarding investor interests. Industry Engagement and Reactions The summit attracted prominent figures from the cryptocurrency sector, including executives from major firms like Coinbase and Ripple. While many attendees praised the administration's proactive stance, some expressed concerns over the lack of detailed regulatory guidance. The market reacted to the announcements with notable volatility; Bitcoin's price experienced fluctuations due to uncertainties surrounding the government's commitment to purchasing new coins. Looking Ahead The White House Digital Assets Summit marks a significant milestone in integrating cryptocurrency into national policy. As the administration moves forward with these initiatives, the global financial community will closely monitor the impact on market dynamics and regulatory developments. $DOGS $BTC $ETH $SOL $IP $SHIB $TRUMP holders keep alert

On March 7, 2025, President Donald Trump hosted the inaugural White House Digital Assets Summit, signaling a pivotal shift in the U.S. government's approach to cryptocurrency and blockchain technologies. The summit aimed to position the United States as a global leader in the rapidly evolving digital asset landscape. Establishment of the Strategic Bitcoin Reserve A central announcement during the summit was the creation of a Strategic Bitcoin Reserve. This initiative involves the U.S. government retaining Bitcoin assets acquired through criminal and civil forfeitures, rather than liquidating them as done previously. President Trump emphasized that this strategy would bolster national financial security without imposing additional costs on taxpayers. He stated, "We don't want any cost to the taxpayers." Formation of the U.S. Digital Assets Stockpile In addition to Bitcoin, the administration introduced plans for a U.S. Digital Assets Stockpile to manage other cryptocurrencies such as Ethereum (ETH), Solana (SOL), Cardano (ADA), and Ripple (XRP). This initiative aims to centralize and oversee various digital assets held by the government, ensuring proper management and strategic utilization. Appointment of a 'Crypto Czar' To spearhead these initiatives, President Trump appointed venture capitalist David O. Sacks as the White House AI and Crypto Czar. In this role, Sacks is tasked with developing a comprehensive legal framework for the cryptocurrency industry, promoting innovation while safeguarding investor interests. Industry Engagement and Reactions The summit attracted prominent figures from the cryptocurrency sector, including executives from major firms like Coinbase and Ripple. While many attendees praised the administration's proactive stance, some expressed concerns over the lack of detailed regulatory guidance. The market reacted to the announcements with notable volatility; Bitcoin's price experienced fluctuations due to uncertainties surrounding the government's commitment to purchasing new coins. Looking Ahead The White House Digital Assets Summit marks a significant milestone in integrating cryptocurrency into national policy. As the administration moves forward with these initiatives, the global financial community will closely monitor the impact on market dynamics and regulatory developments. $DOGS $BTC $ETH $SOL $IP $SHIB $TRUMP holders keep alert

Leading meme coin Shiba Inu has shed almost 10% of its value over the past week. As of this writing, SHIB trades at $0.0000125. This price decline coincides with a significant drop in whale holdings during the same period. This signals waning confidence among large investors amid broader market weakness. 🔸 #SHİB ’s Market Confidence Wanes as Whale Sell-Off Accelerates According to IntoTheBlock, SHIB’s large holders ’netflow has fallen 123% in the past week. This comes amid the meme coin’s 8% price dip. Large holders refer to whale addresses that hold more than 0.1% of an asset’s circulating supply. Their netflow measures the inflow and outflow of tokens in their wallets to track whether they are accumulating (positive netflow) or offloading (negative netflow) their holdings. When this metric falls, it indicates that whales are selling large portions of their assets, leading to increased supply and putting more downward pressure on price. Moreover, this decline in SHIB whale netflow could worsen the weakening confidence among SHIB retail traders, prompting them to sell their coins in anticipation of further losses. This can accelerate SHIB’s price dip in the short term. On the daily chart, SHIB’s falling Relative Strength Index supports this bearish outlook. At press time, this momentum indicator is a downward trend at 35.34. An asset’s RSI measures an asset’s oversold and overbought conditions. It ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a decline. Conversely, values under 30 suggest that the asset is oversold and could witness a rebound. At 35.05, SHIB’s RSI indicates that the asset is approaching oversold territory but has not fully entered it yet. This suggests weakening buying pressure and hints at the potential for further downside unless the meme coin demand picks up.