Former Trump crypto advisor: The U.S. government cannot remain only at the level of "liking Bitcoin"

BTC2,63%

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.

View Original
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

In the past hour, the entire network has liquidated $90.08 million, and crude oil futures contracts have liquidated $29.2 million.

Gate News Report, March 9th, Coinglass data shows that in the past hour, the total liquidation across the entire network reached $90,084,300, with long positions liquidated at $43,935,600 and short positions at $46,148,700. By asset type, XYZ:CL (Crude Oil Futures Contract) liquidation was $29.2 million, and BTC liquidation was $22.12 million.

GateNews35m ago

Bitcoin Price Bounces, But Bears Are Still in Control: Analysis

In brief Bitcoin is up 4.78% today trading at $69,128. Last week's apparent triangle breakout closed as a massive bullish wick — a classic false breakout signal. On Myriad, prediction market traders are split among bulls and bears, with no clear consensus on which way the squeeze

Decrypt55m ago

BTC 15-minute increase of 1.42%: On-chain capital inflow and technical breakout points resonate to trigger buying interest

From 19:15 to 19:30 on March 9, 2026 (UTC), the BTC price experienced a 15-minute return of +1.42%, with trading ranges between 68,377.3 and 69,365.3 USDT, and a volatility of 1.44%. This fluctuation far exceeds the regular intraday volatility levels, with market attention significantly heightened, and short-term buying surges intensifying the volatility. The main driver of this movement was net inflow of on-chain funds, triggered by large transfers from major holder accounts, along with buy orders breaking through key technical resistance levels.

GateNews1h ago

Bitcoin Leads $619M Weekly Inflows Amid Geopolitical Jitters and Oil-Driven Pullback

The digital asset market showed a strange kind of calm last week, not reckless, not euphoric, just strangely stubborn. According to CoinShares, investment products tied to cryptocurrencies pulled in a net US$619 million, a sign that, even amid geopolitical jitters tied to Iran, a meaningful chunk of

BlockChainReporter1h ago
Comment
0/400
No comments