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- 3/3/25: The White House Loves Crypto 🚀👀🧠
3/3/25: The White House Loves Crypto 🚀👀🧠
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Top News
President Trump announces Strategic Crypto Reserve
Trump set to make major investment announcement today
Ethereum Foundation appoints two new co-executive directors

Specs’ Insights
1. President Trump announces Strategic Crypto Reserve
A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL,… x.com/i/web/status/1…
— Trump Posts on 𝕏 (@trump_repost)
3:25 PM • Mar 2, 2025
⌐◪-◪ → The U.S. Crypto Strategic Reserve is here
President Trump just announced the formation of a U.S. Crypto Strategic Reserve, holding Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). This aligns with his E.O. 14178 and his broader push to make the U.S. the “Crypto Capital of the World.” Expect more details at the upcoming Crypto Summit.
Curiously, Bitcoin and Ethereum were omitted from the initial announcement—until a quick correction clarified that “obviously BTC and ETH will be at the heart of the reserve.” A slip-up or a glimpse into internal priorities? Either way, it’s worth watching.
Someone was ahead of the news. A trader placed $200M in BTC and ETH longs on 50x leverage before the announcement, signaling that some had early conviction on the move. David Sacks faced criticism for pumping his bags and had to clarify that he sold all his crypto before joining the administration, but skepticism remains.
Coinbase CEO Brian Armstrong weighed in, saying, “Just Bitcoin would probably be the best option.” His reasoning? Largest market cap, most decentralized, longest track record (since 2009). If a diversified reserve is required, he suggests an unbiased weighted index rather than a handpicked selection.
The real question is, is this even possible without congressional approval? If not, it could just be “just words”, as Arthur Hayes pointed out. Either way, the market is watching.
Bottom line? Exciting, but a breeding ground for favoritism and corruption. Bitcoin is the only true neutral reserve asset. Everything else will face scrutiny.
2. Trump set to make major investment announcement today
TOMORROW NIGHT WILL BE BIG. I WILL TELL IT LIKE IT IS!
— Trump Posts on 𝕏 (@trump_repost)
12:41 PM • Mar 3, 2025
⌐◪-◪ → Trump’s "big" investment announcement is coming
President Trump is set to make a major investment announcement today at 1:30 PM ET, with additional speculation surrounding a joint session of Congress tomorrow and the first-ever Crypto Summit at the White House on Friday.
Is this tied to the Strategic Bitcoin Reserve? A sovereign wealth fund? Or something entirely different? Nobody knows for sure—but expectations are high.
Big picture: This is the most crypto-friendly U.S. presidency in history. While regulatory frameworks are still unclear, the political alignment is shaping up fast.
What do you think Trump will announce? Let’s discuss in Specs.Chat.
3. Ethereum Foundation appoints two new co-executive directors
1/ The Ethereum Foundation is thrilled to welcome Hsiao-Wei Wang and Tomasz Stanczak as co-Executive Directors. This new leadership structure marks an exciting new chapter in the Foundation's evolution as we continue to support a growing Ethereum ecosystem.
🧵
— Ethereum Foundation (@ethereumfndn)
3:00 PM • Mar 1, 2025
⌐◪-◪ → Ethereum Foundation shakes things up
The Ethereum Foundation (EF) just appointed two new executive directors—Hsiao-Wei Wang and Tomasz Stanczak—marking a major leadership shift.
Vitalik is hyped, and said, "What Ethereum needs is a lot of young blood who share the cypherpunk vision. All OGs are jaded. It’s on the next generation now."
Here’s the quick breakdown:
Hsiao-Wei Wang – EF researcher for seven years, deeply involved in the beacon chain and community building in Taiwan.
Tomasz Stanczak – Developer and former leader at Nethermind, known for building a strong talent pipeline and organizational structure.
Some are skeptical of co-executive directors, given past failures. But this time, there appears to be a clearer division of responsibilities.
Why this matters:
Ethereum and DeFi are in prime position as the U.S. government embraces crypto. The right leadership could accelerate Ethereum’s institutional adoption and unlock new opportunities globally.
Personal take? I haven’t felt this bullish on ETH since 2017. Maybe the bottom is in, maybe it’s not—but I’m accumulating and waiting.

Everything Else
⛓️ Crypto & DeFi
Vitalik Buterin calls for better crypto wallet security
MEVpool aims to fix Ethereum’s MEV problem
Ether traders hedge against deeper losses
Intchains struggles to fill Dogecoin mining rig orders
Binance to delist Tether and other stablecoins in EEA
Cronos considers reissuing 70B burned tokens
XRP surges 34% after Trump-related news
Hyperliquid trader turns 50x leverage into $5M
Uphold relaunches crypto staking in the U.S.
Aave and Trust Wallet set to launch on Sonic
🏦 Wall Street & VC
BlackRock adds Bitcoin ETF to financial advisor portfolio
TeraWulf stock rises 102% after strong earnings
Crypto funds see $3.8B outflow over three weeks
Bitcoin ETFs see first inflows after $3.2B outflow streak
Crypto equities surge as BTC holds key support
Bitdeer buys Bitcoin dip amid price slump
CME Group to launch Solana futures on March 17
🏛️ Legal & Regulatory
Trump to address industry leaders at Crypto Summit
Trump’s crypto reserve to include Bitcoin and Ethereum
Arthur Hayes criticizes Trump’s crypto reserve plan
Coinbase CEO prefers Bitcoin-only US crypto reserve
Joe Lubin says SEC reversal is an “acceleration” for Ethereum
SEC reverses stance on crypto regulation
DraftKings settles NFT class action for $10M
David Sacks reconfirms digital asset divestment
Vitalik Buterin calls Roger Ver’s potential life sentence “absurd”
SEC lawsuit against Richard Heart dismissed
Patrick McHenry joins Ondo Finance as vice chair
🌎 Rest Of The World
Metaplanet buys $13.4M in Bitcoin, holding 2,391 BTC
Swiss National Bank rejects Bitcoin as a reserve asset
Pi Network users receive legal warning from Vietnam police
🖼️ NFTs & Metaverse
Karate Combat to host fights at Miami’s Bonk Stadium
Ronaldinho’s token STAR10 faces insider trading concerns
Pudgy Penguins founder teases strategic NFT reserve
