According to Foresight News, Eliezer Ndinga, Head of Strategy at 21Shares, recently commented on the rise in cryptocurrency prices, particularly altcoins, attributing it to rumors about a U.S. crypto strategic reserve. Ndinga expressed skepticism about the sustainability of this surge, suggesting that once the market gains clarity on timing and details, the increase might cool down. Ndinga noted that establishing a strategic reserve could require congressional approval, involving decisions on asset allocation and distribution, such as which cryptocurrencies to include and in what proportions. Other considerations include the holding period, whether short-term or long-term, and the quantity held relative to each asset's total supply, like 1% of Bitcoin's 21 million coins. Measures to ensure market integrity, prevent significant price fluctuations, and avoid front-running are also crucial. Asset protection might involve selected crypto custodians or banks and multiple providers to prevent single points of failure. Ndinga believes the process will take longer than the market anticipates. U.S. President Donald Trump might leverage his social media influence to shape his initial congressional term, aiming for compromise through negotiation. However, the proposal draft could face obstacles and amendments, leading to delays that might dampen the current hype.

Odaily Planet Daily News 21Shares Strategy Director Eliézer Ndinga wrote an analysis that the overall rise in the crypto market was driven by the discussion of the US strategic crypto reserve, "which makes me feel a little too optimistic-I expect that once the market has a clear understanding of the timing and specific details, the market may fall back." The creation of a strategic reserve may require congressional approval, and its components-unlike simply confiscating asset reserves-need to be detailed to address the following issues: Asset allocation and allocation (for example, which cryptocurrencies are selected and their proportions); Holding period (for example, short-term vs. long-term commitment); Holdings relative to the total supply of each asset (for example, 1% of the 21 million bitcoins); Market integrity measures to prevent large fluctuations or front-running (for example, limiting daily trading limits); Asset protection, which may involve selected crypto custodians (for example, Coinbase or Anchorage), banks (for example, Bank of New York Mellon), or multiple providers to avoid single points of failure. This process will take longer than the market expects. Trump may be using his social media influence to propose the initial terms he has set for Congress, aiming to reach a compromise through negotiations. However, the draft could hit snags and require revisions, leading to delays that could slow the current hype.

1. After Trump announced the launch of the crypto strategic reserve, Bitcoin's market dominance once fell below 50%; 2. The whale "set 10 big targets first" and opened a short position of 214 million US dollars at an average price of 93,729 US dollars, with a current floating profit of 2.06 million US dollars; 3. Trump's second son: The announcement of the strategic reserve on Sunday was a genius move, and retail investors won; 4. The ETH stolen by Bybit hackers may be completely washed out within the next two days; 5. The possibility of "Trump establishing a strategic Bitcoin reserve within 100 days of taking office" on Polymarket is temporarily reported at 22%; 6. David Sacks: Before taking office, he had sold all cryptocurrencies personally; 7. Berachain team members: The news of 10 million tokens unlocking this week is false, and it is actually an airdrop share for Boyco deposit users; 8. Galaxy Digital transferred 7.33 million UNI to CEX in the past 11 days, worth about 63.18 million US dollars. 9. CME Bitcoin futures set a record of a gap of more than $10,000; 10. Metaplanet announced an increase of 156 Bitcoins; 11. Taproot Wizards founder: Proposing a "strategic reserve of altcoins" is a typical negotiation strategy of Trump.

Odaily Planet Daily News Trusta Labs announced the official brand upgrade to Trusta.AI to build a trusted identity network in the AI ​​era. From "Labs" to ".AI", Trusta officially entered a new era of AI-driven decentralized identity infrastructure, aiming to become the first universal credit layer covering humans and AI agents. With the completion of the brand upgrade, Trusta.AI will also upgrade many of its services, as follows. Trusta Authentication Service (TAS) upgrade: support multi-chain identity authentication (human/AI/robot), compatible with documents, biometrics, AI algorithms and other authentication methods; has issued more than 2.5 million on-chain certifications, covering mainstream chains such as Linea, BSC, TON, etc., becoming the industry's largest identity protocol; MEDIA Rating 2.0 is online: the first five-dimensional on-chain value evaluation system (funds, activity, diversity, identity, duration), 0-100 points to quantify user contributions; integrated visualization panel, users can track the value of on-chain behavior in real time, and projects can accurately allocate airdrops and incentives. AI agent identity framework first release: plans to issue verifiable identities for 1 million AI agents by 2025 to solve the problems of "AI intention interaction" and "credit assessment"; support AI agents to participate in fair launch, airdrops, lending and other scenarios, and promote the AI ​​economic paradigm of "code is trust".

The post Crypto News Today 3rd March : Truth Social Donald Trump , Cardano News , XRP Price , Trump Crypto Reserve appeared first on Coinpedia Fintech News March 3, 2025 05:28:26 UTC Robert Kiyosaki on Hard Assets: Gold, Silver, or Bitcoin? Robert Kiyosaki emphasized that the real question isn’t which hard asset is best — gold, silver, or Bitcoin — but how much of each you own. He highlights... source: https://coinpedia.org/news/crypto-news-today-3rd-march-truth-social-donald-trump-cardano-news-xrp-price-trump-crypto-reserve/

Sacks' comment came after concerns emerged online over potential conflicts of interest regarding his ties with Bitwise. source: https://www.theblock.co/post/344123/trumps-crypto-czar-david-sacks-says-he-sold-crypto-holdings-before-administration-began?utm_source=rss&utm_medium=rss

Odaily Planet Daily News BitMart announced that it will launch Ronaldinho Coin (STAR10) for the first time at 14:00 (Eastern Time Zone 8) on March 3, and the STAR10/USDT trading pair will be opened.

Bitcoin-stacking Metaplanet has snapped up another 156 Bitcoin as the firm’s CEO says it’s exploring “ways to make its shares more accessible.” source: https://cointelegraph.com/news/japans-metaplanet-buys-more-bitcoin-considers-us-listing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Coinglass data shows that in the past 7 days, CEX has accumulated a net outflow of 7548.48 BTC. The top three CEXs in terms of outflow are as follows: Coinbase Pro: 13,334.71 BTC outflow; Kraken: 7030.39 BTC outflow; KuCoin: 1001.73 BTC outflow. In the past 30 days, CEX has accumulated a net inflow of 43,715.01 Bitcoins.

According to PANews, State Street, the world's largest ETF service provider, forecasts a surge in demand for cryptocurrency ETFs, predicting that their total assets will surpass those of North American precious metals ETFs by the end of this year. This shift will position digital token ETFs as the third-largest asset class in the $15 trillion ETF industry, following stocks and bonds, and ahead of real estate, alternative investments, and multi-asset funds. Frank Koudelka, Global Head of ETF Solutions at State Street, expressed surprise at the rapid growth of cryptocurrencies, noting, "I expected pent-up demand, but not at this magnitude." He anticipates continued rapid growth for cryptocurrency ETFs this year, highlighting increasing interest from investment advisors in incorporating cryptocurrencies into portfolios. Precious metals ETFs have had a 20-year head start, with the SPDR Gold Trust (GLD), the first physically-backed gold ETF launched in 2004, still being the largest precious metals ETF with $85 billion in assets. However, State Street expects the total assets of North American precious metals ETFs, currently at $165 billion, to be surpassed by cryptocurrency ETFs this year. State Street also predicts that the U.S. Securities and Exchange Commission (SEC) will approve more digital asset ETFs this year. In addition to existing Bitcoin and Ethereum ETFs, fund management companies have applied to launch ETFs based on various tokens, including SOL and XRP. State Street anticipates that by 2025, ETFs based on the top ten tokens by market capitalization will receive approval.

Pantera, Pantera Partners: The Rise of Cryptocurrency in Asia Golden Finance, Institutional investors' interest in cryptocurrency has changed dramatically

Industry observers have pointed out that Memecoin is evolving into a trap for retail investors, and insider trading and canvassing have raised regulatory concerns.

In a Truth Social post on Sunday, Trump announced he would be creating a Crypto Strategic Reserve that includes XRP, SOL and ADA on top of Bitcoin and ETH.

Trump said in his first post, “After years of ‘corrupt attacks’ by the Biden administration, the U.S. cryptocurrency reserves will enhance the status of this critical industry, which is why my digital asset bank

Chinese authorities warn of scammers posing as DeepSeek developers, peddling fake tokens and distributing malware-infected apps that compromise user security.

Just when almost everyone was doubting whether the crypto bull market was over, two tweets released by Trump on March 2 reversed the decline of the crypto market, and crypto assets collectively soared.

On 7 March, President Trump will host a crypto summit, uniting industry leaders and the President’s Working Group on Digital Assets. Led by AI and Crypto Czar David Sacks, the event seeks to balance regulation and innovation, but skepticism lingers. Will it deliver long-awaited clarity?

Golden Finance launches the 2618th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry dynamics.

After the holiday, the State-owned Assets Supervision and Administration Commission held an important meeting to encourage central enterprises to conduct overseas strategic asset reserves and cross-border financing pilot projects, and mentioned RWA (real world assets).