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    Home»Altcoins»Crypto Czar David Sacks Says He Offered All Bitcoin, Ethereum and Solana Previous to Trump’s Inauguration – The Day by day Hodl
    Crypto Czar David Sacks Says He Offered All Bitcoin, Ethereum and Solana Previous to Trump’s Inauguration – The Day by day Hodl
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    Crypto Czar David Sacks Says He Offered All Bitcoin, Ethereum and Solana Previous to Trump’s Inauguration – The Day by day Hodl

    By Crypto EditorMarch 5, 2025No Comments2 Mins Read
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    The White Home’s “Crypto Czar” David Sacks says he offered all of his crypto, together with Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), earlier than the beginning of Donald Trump’s presidency.

    Sacks says he additionally owned a $74,000 place in a Bitwise exchange-traded fund, which he offered on January twenty second, two days after Trump’s inauguration.

    Sacks beforehand served as PayPal’s chief working officer (COO) and is a high-profile enterprise capitalist who has invested in Airbnb, Palantir, Postmates, Reddit, Slack, SpaceX, Twitter, Uber and different big-name tech corporations.

    He’s additionally sunk capital into crypto initiatives, together with collaborating in a $10 million Sequence A spherical for the decentralized change (DEX) dYdX (DYDX) in 2018 through his progress fund Craft Ventures.

    The Monetary Occasions, citing “an individual with information of the matter,” experiences that Craft Ventures nonetheless holds stakes in “a small quantity” of crypto startups, although the agency additionally offered off its direct crypto holdings.

    Trump confirmed over the weekend that the US will set up a “crypto strategic reserve,” noting that it’s primed to incorporate Bitcoin, Ethereum, XRP, Solana and Cardano (ADA).

    Trump framed the reserve as a response to what he known as “corrupt assaults” on the crypto trade by the Biden Administration, emphasizing his purpose to make the US the “crypto capital of the world.”

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    Crypto Czar David Sacks Says He Offered All Bitcoin, Ethereum and Solana Previous to Trump’s Inauguration – The Day by day Hodl

    Disclaimer: Opinions expressed at The Day by day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual danger, and any losses it’s possible you’ll incur are your accountability. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please be aware that The Day by day Hodl participates in affiliate internet marketing.

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