New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Donald Trump, the President of the United States of America officially signed an executive order on 06th March 2025. Reportedly, this bill was signed to officially establish a Bitcoin reserve strategic reserve and a digital asset stockpile. This has resulted in the crypto market experiencing a short pump with top tokens retesting their monthly highs.
As per the official reports, this signed order highlighted two strategies which are, transparency about the digital assets seized by authorities as part of criminal or civil asset forfeiture proceedings. The other strategy is, all federal agencies are now required to disclose their holdings of Bitcoin and other cryptocurrencies to the state.
Notably, this highlights that the entire U.S. government will disclose their digital asset holdings, including Bitcoin and other cryptocurrencies, to the Treasury Secretary by the 05th of April 2025, which is today.
The US Government Holds Over $16 Billion in Bitcoins!
David Sacks, White House’s crypto czar, estimates that the government of the United States of America owns about 200,000 Bitcoins worth over $17 Billion. However, the data is not accurate as an audit was never processed. As per Arkham, the government has a stock of 198,012 BTCs that are estimated to be worth $16.38 billion.
Furthermore, President Trump had already mentioned in a Truth Social post on 02nd March 2025 that Ripple (XRP), Solana (SOL), and Cardano (ADA) will be part of the crypto stockpile following the signing of the Bitcoin reserve bill. While the sub-bodies of the government can build strategies and acquire additional Bitcoin, the government has no plans of acquiring more digital assets.
Among other top holdings are 122.051 million USDTs, 59.965k Ethereum tokens worth ~$107 million, 750 WBTCs worth over $61.8 million, and 40.293k BNB coins worth $23.86 million.
Suppose, the US agencies confirm these numbers, under such a situation, the cryptocurrency market could experience a major bullish reversal within a short period. President Donald Trump’s pro-crypto policy, the executive Bitcoin order, and his pursuit of a global tariff war have destabilized the world market within 100 days of his oath-taking ceremony.
While the crypto market has declined approximately 7% since the month started, transparency in the government holdings could potentially result in the crypto market covering its multi-month losses.