Crypto Market Rebounds as Bitcoin Stabilizes Above $90K; Trump Set to Announce National BTC Reserve Strategy

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The cryptocurrency market continues to show signs of recovery in early March 2025, with Bitcoin reclaiming and stabilizing above the $90,000 mark. At the time of writing, **Bitcoin (BTC)** is trading at $91,993.02, up 1.53%, while Ethereum (ETH) has gained 2.05% to reach $2,297.67. This momentum follows a series of high-profile policy developments, institutional moves, and regulatory discussions that are reshaping the global digital asset landscape.

U.S. Signals Major Shift: Trump to Announce National Bitcoin Reserve

In a landmark development, U.S. Commerce Secretary Howard Lutnick revealed that former President Donald Trump will unveil a Bitcoin strategic reserve plan during the upcoming White House crypto summit. This initiative, part of Executive Order 14178, marks a dramatic departure from the Biden administration’s stringent regulatory approach and positions the United States as a potential leader in digital finance innovation.

The proposed strategy aims to establish a national cryptocurrency reserve, with Bitcoin likely receiving preferential status over other digital assets. While BTC may be treated as a strategic reserve asset akin to gold, other cryptocurrencies such as Solana (SOL), XRP, and Cardano (ADA) could face tailored but supportive regulation designed to encourage innovation while ensuring investor protection.

This policy pivot reflects growing recognition of blockchain technology’s role in modernizing financial infrastructure and enhancing national competitiveness in the global fintech race.

👉 Discover how national crypto reserves could reshape global finance

Russia Rules Out Crypto in Sovereign Wealth Fund

In contrast, Russia has taken a cautious stance. Deputy Finance Minister Vladimir Kolychev confirmed that the country does not intend to include cryptocurrencies in the investment portfolio of its National Welfare Fund. Citing high volatility and risk exposure, Kolychev emphasized that current fund levels do not justify speculative investments.

He also stated he was unaware of any internal discussions about creating a U.S.-style cryptocurrency strategic reserve, noting that such decisions would fall under the jurisdiction of the Central Bank rather than the Finance Ministry. His remarks suggest Russia remains skeptical about integrating digital assets into state-level financial planning—at least for now.

Coinbase Revives Plans to Tokenize COIN Stock

Amid shifting regulatory winds, Coinbase is reigniting its efforts to tokenize its own stock—COIN—as part of a broader push to bring blockchain-based securities into mainstream U.S. markets. The exchange first explored this idea in 2020 but paused due to regulatory uncertainty.

Now, with the SEC forming a new crypto task force, Coinbase CFO Alesia Haas expressed optimism during the Morgan Stanley TMT Conference:

"I believe our regulators are now actively seeking product innovation and want to move forward."

The company plans to launch a security token representing shares of COIN, aligning with its vision of merging traditional finance with decentralized systems. CEO Brian Armstrong highlighted key benefits, including 24/7 trading access, faster settlement, and improved liquidity.

This move could set a precedent for publicly traded companies leveraging blockchain for equity issuance and management.

SEC Engages Industry Leaders on Regulatory Path Forward

The SEC’s newly formed crypto task force held meetings on March 5, 2025, with representatives from Circle and WisdomTree Digital Management, discussing frameworks for regulating digital assets. Both firms submitted supporting documentation, signaling active collaboration between regulators and industry innovators.

These engagements underscore a more open dialogue compared to previous enforcement-heavy approaches. With figures like SEC Commissioner Hester Peirce advocating for clearer jurisdictional boundaries, there’s growing momentum toward establishing rules that foster innovation without compromising investor safety.

Nasdaq-Listed BGLC Adopts Ethereum-First Treasury Strategy

In a groundbreaking corporate move, BioNexus Gene Lab (BGLC.US), a technology-driven healthcare firm listed on Nasdaq, announced its board has approved an Ethereum-focused treasury strategy. This makes BGLC the first public U.S. company to prioritize ETH as a core financial reserve asset.

The decision coincides with reports that Ethereum may be included in the proposed national crypto reserve framework. To support transparency, BGLC released a comprehensive whitepaper outlining the rationale behind its choice, emphasizing Ethereum’s:

This strategic alignment highlights Ethereum’s growing appeal not just as a speculative asset but as a foundational component of next-generation financial infrastructure.

👉 Explore how enterprises are adopting Ethereum for treasury management

Republican Lawmakers Host Crypto Policy Roundtable

A group of U.S. House Republicans, including Tom Emmer and Bryan Steil, hosted a “crypto power lunch” to discuss digital asset legislation with leaders from top firms such as Paradigm, a16z, Coinbase, Anchorage, and DCG. Representatives from advocacy groups like The Digital Chamber and Blockchain Association also attended.

The event reflects increasing bipartisan interest in crafting forward-looking policies that support blockchain innovation while addressing regulatory clarity—a critical need for long-term market stability.

Charles Hoskinson Excluded from White House Crypto Summit

Despite expectations, Cardano co-founder Charles Hoskinson was not invited to the White House crypto summit. Sources indicate he did not participate in policy discussions leading up to the event, contradicting earlier speculation fueled by Trump’s social media posts referencing ADA.

Hoskinson had previously hinted at attending a VIP dinner linked to MAGA Inc., claiming scheduling changes aligned with the event date. However, insiders confirm he was actually present at side events during ETH Denver—not in Florida as suggested.

His absence underscores the selective nature of the summit and raises questions about which projects and leaders are being recognized at the highest levels of U.S. policy-making.

Argentina Investigates LIBRA Meme Coin Scandal

In international news, Argentine prosecutors have requested the freeze of approximately $100 million in crypto assets linked to President Javier Milei’s controversial promotion of LIBRA, a meme coin built on Solana. Chief prosecutor Eduardo Taiano is seeking transaction records and restoration of deleted social media content used to promote the token.

The investigation highlights the risks associated with political figures endorsing unregulated digital assets—a growing concern as crypto gains traction in global politics.

CFTC and SEC Strengthen Interagency Collaboration

U.S. Commodity Futures Trading Commission (CFTC) acting Chair Caroline Pham confirmed ongoing coordination between the CFTC and SEC on digital asset regulation. Speaking at the Milken Institute’s FinTech Futures Symposium, she noted:

"We’ve restarted staff-level dialogue with the SEC. We worked well together before—I expect we’ll get back to that."

SEC Commissioner Hester Peirce echoed these sentiments, praising the White House’s focus on regulatory clarity and emphasizing the importance of public participation in rulemaking processes.

This interagency cooperation could pave the way for a more unified and coherent regulatory framework across commodities and securities markets.

Confirmed Attendees for White House Crypto Summit Include Ripple and Crypto.com CEOs

According to data compiled by crypto influencer “The Wolf of All Streets,” confirmed attendees include:

Unconfirmed but speculated participants include Vitalik Buterin, Cathie Wood, Jeremy Allaire, and Marc Andreessen—highlighting the event’s significance in shaping future policy.

Aave Proposes New sGHO Savings Token to Boost GHO Adoption

On the protocol front, the Aave community has advanced plans to enhance its native stablecoin GHO through a governance proposal introducing sGHO—a yield-bearing “savings” token. Inspired by similar models like MakerDAO’s savings USDS, sGHO would allow holders to earn passive income directly within the Aave ecosystem.

This initiative aligns with broader efforts to expand fiat-pegged tokens beyond simple transactional use cases into full-fledged decentralized financial instruments offering yield, interoperability, and utility.

Frequently Asked Questions (FAQ)

Q: What is a Bitcoin strategic reserve?
A: A Bitcoin strategic reserve refers to a government holding BTC as part of its national financial reserves—similar to gold or foreign currencies—to hedge against inflation and strengthen monetary sovereignty.

Q: Why is Ethereum being adopted by public companies?
A: Ethereum offers smart contract functionality, staking rewards, and strong institutional backing, making it attractive for corporate treasuries looking for yield-generating digital assets with long-term value potential.

Q: Is tokenizing stocks legal in the U.S.?
A: While still evolving, security tokens representing equities can comply with U.S. securities laws if registered properly or issued under exemptions. Regulatory clarity is improving with initiatives like the SEC’s crypto task force.

Q: How might national crypto policies affect market prices?
A: Supportive government policies—like establishing reserves or clarifying regulations—can boost investor confidence, increase institutional adoption, and drive sustained upward price pressure across major cryptocurrencies.

Q: What are the risks of political figures promoting meme coins?
A: Endorsements can lead to market manipulation, investor losses, and reputational damage if tokens lack fundamentals or transparency—raising ethical and legal concerns globally.

Q: Can other countries follow the U.S. in adopting crypto reserves?
A: Yes—especially nations with progressive fintech agendas or those seeking alternatives to traditional reserve currencies. However, volatility and custody challenges remain key barriers.

Core Keywords:

With markets stabilizing and policy momentum building, 2025 is shaping up to be a transformative year for digital assets—bridging innovation, regulation, and institutional integration like never before.