HiveComb

As asset markets fluctuate sharply, KOLs (or influencers) on social media are becoming stronger and more emotional in their comments. Even data-driven influencers seem biased, commenting strongly in their own direction. It is time to remain calm and take a deep, wide, and far-reaching look.

The first Crypto Summit will be held at the White House, led by the U.S. president. I think this is neither good nor bad news; it is simply an event.

XRP and ADA were mentioned as potential coins for Crypto Reserve Funds. Any crypto user or developer with sufficient knowledge and experience may know that these two coins do not have a good performance or reliability record. Their growth is based on speculation.

Trump commented on these coins and plans to discuss crypto issues with some industry stakeholders. Given this unusual context, I do not have a good feeling.

^{The coins currently held by the U.S. government}

Based on recent news, altcoins are managed separately under the name 'A Digital Asset Stockpile.' The U.S. government will not actively pursue altcoins but will manage major coins. However, the U.S. will establish a Crypto Strategic Reserve primarily for Bitcoin, starting with the coins the U.S. government currently holds.