In a late‑night time Fact Social publish on July 21, President Donald Trump embedded a video of Coin Middle analysis director Peter Van Valkenburgh’s 2018 Senate testimony and declared it the “best Bitcoin rationalization of all time,” urging supporters to look at the total clip.
The video, recorded throughout a Banking Committee listening to on the nascent crypto ecosystem, presents Van Valkenburgh’s core argument that Bitcoin is “the world’s first public digital funds infrastructure.” “It helps you to ship and obtain worth to and from anybody on the earth utilizing nothing greater than a pc and an web connection,” he tells lawmakers, later calling the protocol “a pc‑science breakthrough” that might rival “the start of the Web” for its impression on human freedom.
trump simply posted that epic bitcoin & blockchain innovation speech from coincenter’s van valkenburgh 👀 pic.twitter.com/MpKdJNkwTe
— Alex Thorn (@intangiblecoins) July 21, 2025
Report On The Strategic Bitcoin Reserve Incoming?
Trump’s public endorsement lands on the eve of a self‑imposed deadline. On January 23 the president signed Govt Order 14178, instructing a excessive‑stage Working Group on Digital Asset Markets to ship—inside 180 days—a sweeping set of legislative and regulatory suggestions on cryptocurrencies. The report is due July 22.
Rumors circulating on X recommend that tomorrow’s doc will, for the primary time, publish an official stock of federal Bitcoin holdings, consolidate these cash into the Strategic Bitcoin Reserve created by a March 6 order, and description “funds‑impartial” mechanisms to broaden the reserve with out new taxpayer outlays.
Impartial tallies recommend the numbers are substantial. Chainalysis estimates that wallets managed by US companies include roughly 200,000 BTC—about $20.4 billion at present costs—making Washington the biggest sovereign holder of Bitcoin.
Nevertheless, it isn’t fairly clear if the US authorities nonetheless owns all of them. In December 2024, weeks earlier than Trump’s inauguration, a federal choose approved the Justice Division to liquidate 69,370 BTC seized from the Silk Highway hacker often known as “Particular person X,” a haul then value about $6.5 billion. Previous to the election, cash had been transferred to Coinbase Prime beneath the Biden administration.
Trump’s March order takes the alternative tack, forbidding gross sales of reserve Bitcoin and directing Treasury and Commerce to plan value‑impartial acquisition methods.
The president’s publish additionally caps “Crypto Week.” On Friday Trump signed the GENIUS Act, the primary federal statute governing greenback‑backed stablecoins, whereas the Home superior the CLARITY Act and the Anti‑CBDC Surveillance State Act, measures that will shift a lot enforcement to the Commodity Futures Buying and selling Fee and bar a Federal Reserve digital forex.
Whether or not the Working Group’s report will echo Van Valkenburgh’s assertion that “Bitcoin is the world’s first globally accessible public cash” stays to be seen. However with the president now personally amplifying that message—and with the coverage blueprint due inside hours—Washington’s subsequent transfer on crypto will quickly transfer from hypothesis to the general public document.
At press time, BTC traded at $118,216.
Featured picture from YouTube, chart from TradingView.com
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