Storm Warfare presyoJAN

A US federal court has postponed a key hearing in his case to April 10 after prosecutors submitted 4TB of new evidence. Despite the delay, his jury trial remains set for Jan. 2026.

New Hampshire is the latest U.S. state to advance a Bitcoin reserve bill to the House, with its House committee clearing the proposal on March 5. According to Bitcoin Laws, House Bill 302 passed the House Commerce and Consumer Affairs Committee in a 16-1 vote. The proposal was introduced by Republican Keith Ammon on Jan. 7. NEW HAMPSHIRE Update: Bitcoin Reserve Bill HB302 has passed the House Commerce and Consumer Affairs Committee. The vote was 16 – 1 pic.twitter.com/7DpzFzxgda HB302 proposes allowing New Hampshire’s treasurer to invest up to 5% of the general fund, revenue stabilization fund, or any other legislatively authorized funds into eligible digital assets and precious metals like gold, silver, and platinum. To be included in the reserve, a cryptocurrency must have maintained an average market cap of at least $500 billion over the past calendar year. Bitcoin is currently the only asset that qualifies. Initially, the bill proposed a 10% allocation and included stablecoins and staking options, but an amendment reduced the allocation to 5% and removed these provisions. Further, HB302 requires the assets to be held by a qualified custodian or in an exchange-traded product. With committee approval secured, the bill now moves to a full House vote. If passed, it will proceed to another committee review before heading to the Senate for a final vote. Currently, only seven U.S. state bills, including New Hampshire’s, have advanced to the House level, according to Bitcoin Laws. Other states with Bitcoin-related bills at this stage include North Carolina, Oklahoma, and Texas. Meanwhile, Utah and Arizona are the only two states that have cleared this stage. Utah is leading the way among U.S. states in pushing Bitcoin-related legislation. On Feb. 21, the state’s Senate Revenue and Taxation Committee approved the Blockchain and Digital Innovation Amendments bill (HB230) with a 4-2-1 vote. As previously reported by crypto.news, Trump is set to unveil a Bitcoin reserve strategy at the White House Crypto Summit on March 7. In a recent Truth Social post, the president suggested the reserve could include altcoins like XRP, Solanda and Cardano alongside Bitcoin and Ethereum.

Samson Mow, CEO of JAN3 and a well-known bitcoin advocate, stated his doubts about the U.S. strategic bitcoin and cryptocurrency reserve through his X platform updates. Mow raised issues with the possibility that such a reserve could be formed by unilateral decisions and indicated that such a reserve would require a formal process all the way from legislative approval. He questioned: “Can Trump actually just dictate what things going into a reserve? I don’t think so. There will need to be a report/proposal from the working group and then Congress will need to pass legislation.” Mow Questions Altcoin Inclusion in U.S. Crypto Reserve Mow also doubted the inclusion of altcoins such as XRP, Solana (SOL), Cardano (ADA) or Ethereum (ETH) that Trump had previously included. He also said that the announcement may not be a definite policy directive, but something politically driven. Mow speculated the post could have been a political or financial play, as opposed to some kind of serious policy directive. He also claimed that the post could also have helped the interests of some traders or lobbyists, saying: The post could have also been useful for lobbyists and donors of Cardano or Ripple. There is a reason to pump those coins now, especially, because once a real report comes out with a list of coins or whatever criteria, it’s too late. Unregulated Crypto Reserve Could Harm U.S., Mow Warns Mow also warned of wider consequences of allowing a president to unilaterally pick what digital assets should be in a national reserve, beyond market speculation. He warned: “If Trump can somehow just unilaterally pick random shitcoins to put into a national reserve, well, that is just very bad for the U.S. Things stop making sense. It’s now a free-for-all.” Mow suggested that the reserve assets selection be more determined through proof of work cryptocurrencies with proven track records. At the same time, Bitcoin would not be the only items in the reserve, as Litecoin, Monero could become part of it because of the established proof of work and long-term stability of the operation of such coins, he added. Dogecoin’s Role in U.S. Crypto Reserve Sparks Debate More specifically, Samson suggested that Dogecoin might be adopted by the reserve as his influence over Trump’s administration is great. Mow highlighted the requirement for a well thought out approach to setting up a domestic crypto reserve. He warned that if the reserve is to become a speculative tool instead of a sound financial strategy, “preach prepare to accelerate into degeneracy like never before.” Mow’s remarks continue the debate around whether or not the U.S. should hold crypto reserves. It remains to be seen whether the proposal becomes a structured policy or only remains a speculative one. Conclusion Mow recommends that the United States should develop organized plans for its crypto reserve system. Unclear rules let powerful figures and traders weaken support for the crypto reserve’s role. He wanted political leaders to make choices that create stable proven assets for a longer run instead of creating a market that focuses on short-term trading. Stay tuned to The BIT Journal and keep an eye on Crypto’s updates. Follow us on Twitter and LinkedIn, and join our Telegram channel to be instantly informed about breaking news! FAQs 1. Why does Mow oppose Trump’s crypto reserve? He argues it needs a formal process, not unilateral decisions, and may be politically motivated. 2. What market risks did Mow highlight? He warned Trump’s announcement could benefit traders or lobbyists, artificially pumping certain altcoins. 3. Which cryptocurrencies does Mow support for the reserve? He favors proof-of-work coins like Bitcoin, Litecoin, and Monero for their stability. 4. What’s the risk of including altcoins? Mow warned it could turn the reserve into a speculative tool, destabilizing the market. Glossary of Key Terms Strategic Crypto Reserve – Proposed U.S. government-held crypto reserve. Proof-of-Work (PoW) – Mining method used by Bitcoin. Market Manipulation – Artificially influencing asset prices. Exit Liquidity – Buyers enabling large sell-offs. Merged Mining – Mining multiple coins simultaneously. Shitcoin – Crypto with little to no value. Reference Twitter

Is the memecoin hype dead? 🚨 Memecoin market cap dropped from $117B on Jan 19, 2025, to $54.8B now. Pumpfun volume also down 63% in the last month. With the overall #crypto market down and many new memecoins wrecking retailers, the hype is fading. #Memecoins #CryptoMarket

Bitcoin $BTC miners hit by price drop and halving, says JPMorgan Bitcoin mining stocks fell 22% in Feb. 2025 as crypto prices dropped and the April 2024 halving slashed rewards from 6.25 BTC to 3.125 BTC per block, cutting revenues and profits by 46% and 57%, respectively, per JPMorgan. February’s price decline added a 9% profit hit. Firms like Riot Platforms and Core Scientific saw Q4 2024 earnings dip, while AI-focused miners faced pressure after DeepSeek’s low-cost AI breakthrough. Hut 8, however, holds a valuation edge. According to Cointelegraph, U.S. tariffs in Jan. 2025 added market strain.