PANews March 4th News, according to Cointelegraph, former Trump administration crypto advisor David Bailey stated that the U.S. government can do more to support Bitcoin, saying “Liking Bitcoin alone is not enough.” He pointed out that although Trump signed an executive order on strategic Bitcoin reserves in March 2025, a year later the government still has not actively started accumulating Bitcoin and is even unclear about the exact amount held. Bailey believes that liking Bitcoin does not mean being willing to invest the necessary political capital to push things forward. He emphasized that whether it takes 4 years, 10 years, or 20 years, Bitcoin will eventually succeed, but to continue making progress, more people need to own Bitcoin each year.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC surged to $74,000 before falling back below $69,000, with the total market capitalization evaporating approximately $110 billion.
This week, the cryptocurrency industry received positive news from Wall Street, but Bitcoin's price fell from $74,000 to $69,000, with a market cap evaporating approximately $110 billion. The strength of the US dollar and macroeconomic factors are putting pressure on risk assets. Short-term holders are taking profits, increasing selling pressure, but the US spot Bitcoin ETF recorded net inflows, indicating an improvement in the funding environment.
GateNews31m ago
Grayscale transfers 1,628 ETH and nearly 265 BTC to a certain CEX
Gate News Report, March 7th, Arkham monitoring shows that approximately 10 hours ago, Grayscale transferred 1628 ETH (worth $3.29 million) and 264.974 BTC (worth $18.31 million) to a certain CEX address.
GateNews55m ago
Bitcoin Investment: Data Shows No Profit for 3+ Years
Bitcoin (CRYPTO: BTC) has long carried a reputation for punishing late entrants, with double-digit drawdowns that test even patient investors. Yet a closer look at cycle-era history suggests that time, not timing, often determines whether red ink becomes green in the long run. Across
CryptoBreaking1h ago
