Ross Gerber is shifting focus from Tesla to Nvidia, JPMorgan, and Meta amid a market dip. Despite Nvidia’s recent sell-off, Gerber sees value in its growth potential, buying shares during a Nasdaq plunge. He also invested in JPMorgan, citing its low valuation and potential for a strong year with less regulation. Gerber sold bitcoin for gold due to volatility concerns and sees no upside in Tesla after its recent decline. Liam Harrington 15/03/2025 1:00 pm
President Trump signed an Executive Order to create a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. The Bitcoin Reserve will hold bitcoin forfeited in legal proceedings as a reserve asset, with no sales planned. Agencies will assess transferring their bitcoin holdings to this reserve. The Treasury and Commerce Secretaries will develop budget-neutral strategies to acquire more bitcoin without taxpayer costs. The Digital Asset Stockpile will include non-bitcoin digital assets obtained through forfeiture, with no additional acquisitions planned. Liam Harrington 11/03/2025 2:30 pm
President Trump’s executive order to create a Bitcoin Strategic Reserve marks a significant shift, according to KBW. The U.S. government plans to hold seized bitcoin and potentially buy more, treating it as a reserve asset. Currently, the government holds about 198,000 bitcoin, with 55% to be returned to Bitfinex, leaving 86,000 tokens. Funding options for more bitcoin include selling gold reserves or issuing U.S. Treasury Bitbonds. The move signifies the U.S. embracing blockchain protocols, with potential partnerships with U.S. miners also considered. Liam Harrington 11/03/2025 12:30 am
China’s Zhengzhou rapeseed meal futures surged over 5% after China imposed tariffs on Canadian agricultural products in retaliation for Canada’s tariffs on Chinese goods. The new tariffs, effective March 20, include 100% on Canadian rapeseed oil and 25% on aquatic products. Meanwhile, Hyundai Steel shares dropped nearly 9% due to impending U.S. tariffs on steel and aluminum, exacerbating existing challenges from Chinese steel oversupply and a South Korean construction downturn. Bitcoin also fell over 7% following a U.S. executive order to create a strategic bitcoin reserve. Liam Harrington 10/03/2025 2:00 pm
Amid global market volatility, President Trump hosted crypto leaders at the White House, marking a shift from previous digital asset regulations. Key takeaways include Trump’s “never sell” Bitcoin strategy, prohibiting government Bitcoin sales, potentially boosting institutional adoption and regulatory clarity. The Strategic Bitcoin Reserve will be funded with seized assets, setting a precedent for sovereign crypto holdings. Treasury Secretary Scott Bessent confirmed the dollar remains the reserve currency, with stablecoin integration to enhance its role. This positions the U.S. as a potential leader in global crypto policy. Liam Harrington 10/03/2025 10:30 am
Bitcoin and major cryptocurrencies like Ethereum, Ripple’s XRP, Solana, and Cardano have remained stable after Donald Trump revealed U.S. crypto investments, causing market disruption. Bitcoin’s price is around $85,000, similar to early March levels. Elon Musk issued a crypto warning, while Trump’s crypto czar announced plans to maximize the value of U.S. crypto reserves. The U.S. government aims to manage its digital assets responsibly, with a focus on maximizing their value. Meanwhile, Forbes promotes its CryptoAsset & Blockchain Advisor for market insights. Sophia Prescott 09/03/2025 8:30 pm
The U.S. Office of the Comptroller of the Currency (OCC) now allows banks to store crypto assets, engage in stablecoin operations, and use distributed ledger technology (DLT) for transactions. This regulatory change could boost institutional investment and adoption of major cryptocurrencies like XRP, Ethereum, and Bitcoin. Historically, the OCC’s stance on crypto has varied, but the current pro-crypto administration is streamlining blockchain adoption by removing special approval requirements for banks. This shift could significantly benefit XRP and Ripple’s cross-border transaction capabilities. Liam Harrington 09/03/2025 8:30 pm
The White House hosted its inaugural Crypto Summit, featuring key figures like Michael Saylor, Brian Armstrong, and Brad Garlinghouse. The event followed the creation of the U.S. Bitcoin Strategic Reserve via Executive Order, highlighting the evolving U.S. digital asset policy. The Summit provided a direct communication channel between the crypto industry and top government officials, fostering diverse perspectives. While significant, policy changes and legislation are still forthcoming, with the Summit serving as a platform for robust dialogue and future considerations for investors. Liam Harrington 09/03/2025 8:30 pm
Bitcoin rebounded 4% on March 7 after initial market disappointment over the US Strategic Bitcoin Reserve, which will only include confiscated coins. President Trump signed an executive order for the reserve, aiming to maximize value without new BTC acquisitions. Markets initially fell, but recovered as the Asia trading session showed renewed strength. Analysts noted the market’s tendency to overreact, with some seeing the government’s stance as bullish despite unmet expectations. The White House Crypto Summit is anticipated to further influence market sentiment. Sophia Prescott 08/03/2025 9:30 am
President Trump signed an executive order to establish a strategic Bitcoin reserve, making the US one of the few countries with a national blockchain asset stockpile. The reserve will hold cryptocurrency forfeited in legal proceedings and will not sell any Bitcoin, keeping it as an asset. Trump aims to make the US “the Crypto Capital of the World” and will host a crypto summit. The reserve, likened to a “digital Fort Knox,” will also include other cryptocurrencies. The initiative won’t cost taxpayers, but Bitcoin prices fell over 5% following the announcement. Sophia Prescott 07/03/2025 7:30 pm
