{"content":"⚡ Trump’s Viral Bitcoin Quote—Signal or Noise? 🪙🧐 On July 21, President Donald Trump posted a video of Coin-Center research director Peter Van Valkenburgh's 2018 Senate speech, calling it the "greatest Bitcoin explanation of all time," and encouraged supporters to watch it. The video from a Banking Committee hearing highlights Van Valkenburgh's claim that Bitcoin is the first public digital payments infrastructure. "It allows global value transfer using only a computer and internet connection," he tells legislators, calling the protocol a "computer science breakthrough" that might match "the birth of the Internet" in influence on human freedom. Trump's public support comes before a self-imposed deadline. The president issued Executive Order 14178 on January 23, mandating a high-level Working Group on Digital Asset Markets to provide comprehensive legislative and regulatory proposals on cryptocurrencies within 180 days. The report is due July 22. According to rumors on X, the upcoming document will reveal the official inventory of federal Bitcoin holdings, consolidate them into the Strategic Bitcoin Reserve established by a March 6 order, and propose budget-neutral mechanisms to expand the reserve without taxpayer cost. Independent counts imply large numbers. Chainalysis believes that US agencies have almost 200,000 BTC, worth $20.4 billion at current rates, making Washington the biggest sovereign Bitcoin holder. The president's post concludes “Crypto Week.” The GENIUS Act, the first federal law governing dollar-backed stablecoins, was signed by President Trump on Friday. The House also advanced the CLARITY Act and the Anti-CBDC Surveillance State Act, which would delegate enforcement to the CFTC and prevent a Federal Reserve digital currency. Whether the Working Group's study supports Van Valkenburgh's claim that Bitcoin is the first globally accessible public money remains to be seen. #TRUMP #BTCvsETH #CryptoMarket4T #AltcoinBreakout #ETHBreaks3700 $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/21/6ec17fad0ceb46ff8e7ad5b38e272206.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}