This Saturday, ADA will be part of the cryptocurrency, whether the US government -XRP is to complete the Bitcoin STASH audit.

By Crypto Gloom On Apr 1, 2025

Main takeout

The US government is concluding a comprehensive audit of Bitcoin’s holding this Saturday.
This audit will be the first complete accounting for the federal government gown bitcoin.

The US Treasury and other federal agencies are expected to disclose Bitcoin and other encryption assets on April 5 according to President Trump’s recent guidelines.

Ether, XRP, Solana and Cardano (previously mentioned digital assets) will be included in the National Digital Asset stockpile.

On March 6, Trump announced an administrative order to form a strategic Bitcoin protection area and digital asset stocks.

According to the presidential document published on March 11, all federal agencies must report their own holdings on Bitcoin and other digital assets within 30 days of order.

The Treasury Minister is also instructed to establish two offices to manage the government’s support for digital assets. Strategic Bitcoin Protection Zone will take over Bitcoin through crime or civil confiscation and will be deployed as “Digital Port Knox” for storing long -term value because it does not sell Bitcoin.

David Bailey, CEO of BTC Inc, suggested that the audit results can reveal Bitcoin’s recent price fluctuations.

Despite the announcement of the strategic Bitcoin Protection Zone, Bitcoin volatility was still high, prices continued to fall, mainly led by trade wars and recession problems. Since the establishment of the protection zone, the price of Bitcoin has fallen by about 10%, dropping from $ 92,000 to $ 82,000.

Bailey said, “As we learn, we can answer many public questions about recent price behaviors.

According to the data tracked by Arkham Intelligence, the US government currently has 198,012 BTCs of about $ 16 billion.

David Sacks, Crypto Czar of the White House, said the government has had about 400,000 bitcoins through civil and criminal assets over the past decade.

However, about half of this amount (195,000 BTC) was sold, resulting in $ 336 million. If the government has maintained all 400,000 BTCs, the value will exceed $ 17 billion today.