In a late‑night time Reality Social submit on July 21, President Donald Trump embedded a video of Coin Heart analysis director Peter Van Valkenburgh’s 2018 Senate testimony and declared it the “biggest Bitcoin clarification of all time,” urging supporters to look at the complete 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 enables you to ship and obtain worth to and from anybody on this planet 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 beginning of the Web” for its influence 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 Government Order 14178, instructing a excessive‑degree 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 counsel 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 “price range‑impartial” mechanisms to broaden the reserve with out new taxpayer outlays.
Impartial tallies counsel the numbers are substantial. Chainalysis estimates that wallets managed by US businesses include roughly 200,000 BTC—about $20.4 billion at present costs—making Washington the most important 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 decide approved the Justice Division to liquidate 69,370 BTC seized from the Silk Highway hacker often known as “Particular person X,” a haul then price about $6.5 billion. Previous to the election, cash had been transferred to Coinbase Prime underneath the Biden administration.
Trump’s March order takes the other tack, forbidding gross sales of reserve Bitcoin and directing Treasury and Commerce to plot price‑impartial acquisition methods.
The president’s submit 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 file.
At press time, BTC traded at $118,216.
Featured picture from YouTube, chart from TradingView.com
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