
The deadline has come for U.S. federal agencies to report their Bitcoin and cryptocurrency holdings to Treasury Secretary Scott Bessent, a White House official told Fox Business correspondent Eleanor Terrett today. Accordingly, federal agencies are expected to report their cryptocurrency holdings to the Treasury Secretary by April 7, following an executive order signed by President Donald Trump earlier this year. These reports will be made only to the US Treasury Secretary, and since there is no requirement for the reports to be made public, the results will remain confidential for now. “It`s unclear at this point if and when the findings will be made public,” Fox`s Terrett said. NEW: The deadline for the federal agencies to report their crypto holdings to Treasury Secretary Scott Bessent is tomorrow, according to a White House official. However, the Executive Order didn’t require the findings of the audit be made public, only that they be reported to… https://t.co/6JUjCEEh2F — Eleanor Terrett (@EleanorTerrett) April 6, 2025 The reporting by U.S. institutions comes as part of President Trump’s March 6 executive order establishing the Strategic Bitcoin Reserve and Digital Asset Stockpile. The U.S. Strategic Bitcoin Reserve will hold Bitcoins obtained through criminal or civil forfeiture and preserve these assets for the long term without selling them. According to Arkham Intelligence data, the U.S. government currently holds 198,012 Bitcoins worth over $15 billion. *This is not investment advice. Continue Reading: Deadline for US Institutions Has Come! What Does It Mean for Bitcoin (BTC) and Cryptocurrencies?
BitcoinSistemi
You can visit the page to read the article.
Source: BitcoinSistemi
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Crypto lawyer sues US gov to reveal Bitcoin creator’s identity

Crypto attorney James A. Murphy, known online as “MetaLawMan,” has filed a lawsuit against the U.S. Department of Homeland Security. This lawsuit seeks documents that may disclose the identity of Satoshi Nakamoto , the pseudonymous creator of Bitcoin ( BTC ). Filed in a D.C. District Court, the lawsuit follows a 2019 statement by DHS Special Agent Rana Saoud, who claimed the agency had identified and interviewed four individuals behind Bitcoin at a conference in California. Saoud reportedly said DHS agents spoke with the group to understand how and why they created the cryptocurrency. The Great Mystery of the 21st Century–Who is Bitcoin Creator "Satoshi Nakamoto?" The United States Government claims to know the answer–but isn`t talking. So, today I sued the U.S. Government to find out exactly what it knows. ???????? — MetaLawMan (@MetaLawMan) April 7, 2025 Murphy is seeking internal records, including emails, notes, and other documentation related to the alleged meeting. His Freedom of Information Act requests, submitted earlier, have gone unanswered. Former Assistant U.S. Attorney Brian Field, a FOIA litigation specialist, is representing Murphy in the case. You might also like: Crypto markets on edge as Trump threatens historic tariff hike on China Who is Satoshi Nakamoto? The question of who created Bitcoin has remained one of the crypto industry’s great unanswered questions. Nakamoto, who published the Bitcoin white paper in 2008 and launched the network in 2009, disappeared shortly afterward. The identity—or identities—behind the name have been debated for over a decade. Murphy argues the issue has taken on new urgency, given the billions of dollars invested in spot Bitcoin ETFs and a recent executive order from Donald Trump establishing a strategic Bitcoin reserve using federally forfeited assets. DHS has not responded to requests for comment. Crypto in America reporting helped with this article. BitcoinSistemi

Black Monday Hits – Are Ethereum & XRP Ready For Their Next Chapter?
Cryptocurrencies faced a sharp downturn on Monday, causing ripples across the market. As investors scramble to understand the fallout, attention turns to Ethereum and XRP . Can these digital giants bounce back stronger, or will they struggle to recover? The following insight provides a deeper look into their potential to rise amidst the chaos. Ethereum`s Recent Price Slide and Key Market Levels Last month, Ethereum experienced a price drop of 33%, contributing to a half-year decline of over 41%. The weekly performance showed a decline of roughly 21%, reinforcing the ongoing downtrend. Price corrections indicate increasing bearish pressure and a shift in market sentiment. Consistent setbacks have led to continuous selling pressure, significantly impacting Ethereum’s valuation. Currently, prices fluctuate between $1538 and $2325.85. Immediate support is at $1255.61, while resistance is at $2829.45, with wider levels extending to $468.69 and $3616.37. Bearish signals prevail, highlighted by a low RSI around 24 and negative momentum readings. Price action does not exhibit a clear upward trend, suggesting that cautious buying near support and shorting near resistance could be effective trading strategies. XRP: From Six-Month Surge to Recent Price Dips XRP experienced a six-month surge of over 211%, showcasing strong upward movement. However, the last month saw challenging performance, with prices falling by almost 31%, and a one-week decline near 23%. This shift highlights a recent pullback after a significant rally. The coin`s volatility is evident as it transitioned from sustained gains to a notable correction. XRP currently trades within a range of about $1.66 to $2.77, with support at $1.23 and resistance at $3.45. Bearish momentum is dominant, but the low RSI near 28 indicates oversold conditions that may invite buying near support. Trading strategies should focus on monitoring price behavior at key levels and watching for potential reversals or continued downturns. Conclusion Ethereum (ETH) and XRP are poised for new developments. ETH continues to progress with its upgrades, aiming for better performance. XRP remains a key player in cross-border payments, maintaining its strong utility. Both coins show potential for growth and adaptation in the evolving market. As market participants evaluate their positions, ETH and XRP are expected to remain significant. Future advancements could provide more insights into their trajectories. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. BitcoinSistemi