ChainCatcher message, according to JPMorgan, the likelihood of approval for the U.S. strategic cryptocurrency reserve is less than 50%, and tokens like XRP, Solana (SOL), and Cardano (ADA) are unlikely to be included.Nikolaos Panigirtzoglou, Managing Director of Global Market Strategy at JPMorgan, stated in an interview: "We believe that the approval of the U.S. strategic cryptocurrency reserve is not the most likely scenario (assuming congressional approval is needed). Therefore, we think the likelihood is less than 50%."He added: "If the U.S. strategic cryptocurrency reserve is ultimately approved, it would be difficult to include smaller tokens beyond Bitcoin and Ethereum, as we pointed out in our report, including these tokens could raise more concerns about risks and volatility."The report also noted that similar state-level Bitcoin reserve proposals have failed in Montana, North Dakota, South Dakota, and Wyoming, where local legislators raised concerns about risks and volatility.

ChainCatcher news, according to official sources, the Sui blockchain has announced a strategic partnership with the Trump family's cryptocurrency project World Liberty Financial (WLFI).According to the agreement, WLFI will include SUI assets in its "Macro Strategy" strategic token reserves, and both parties have begun exploring product development opportunities.

ChainCatcher news, according to Bitcoin Magazine, the Prime Minister of Bhutan believes that strategic reserve Bitcoin can fund national expenditures.

ChainCatcher news, Ripple executives including CEO Brad Garlinghouse and Chief Legal Officer Stu Alderoty proposed to President Trump to include SOL in the U.S. cryptocurrency reserve program to enhance the program's legitimacy within the crypto community.Sources say that Ripple aims to strengthen the position of XRP by advocating for a reserve program that includes multiple U.S. tokens.

ChainCatcher news, Web3 social infrastructure UXLINK officially announces a strategic partnership with the Japanese Web3 accelerator Pacific Meta. This collaboration marks a key step for UXLINK in expanding its global footprint and deepening its international market layout.According to the cooperation plan, both parties will jointly promote a series of localized strategies aimed at enhancing UXLINK's influence in the Japanese community:Community Building Upgrade: Quickly launch the Japanese version of the official X (formerly Twitter) and Telegram channels to accurately reach local users in Japan and build an active Japanese Web3 social community.KOL Resource Integration: Deeply explore and collaborate with key opinion leaders in the Japanese Web3 field, leveraging their extensive influence and professional insights to comprehensively disseminate UXLINK's innovative concepts and platform advantages.Offline Event Development: Host multiple exclusive offline meetups and industry events in major cities in Japan, creating a high-quality platform for local Web3 enthusiasts to engage face-to-face and experience UXLINK.Customized Brand Promotion: Based on a deep understanding of the Japanese community's Web3 ecosystem, tailor brand promotion activities that align with local culture and market needs, enhancing UXLINK's brand recognition and reputation in the Japanese community.

ChainCatcher news, according to Walter Bloomberg, although the Bitcoin strategic reserve plan proposed by Trump has gained support among some pro-cryptocurrency members of Congress, its recent feasibility is in question. Wyoming Republican Senator Cynthia Lummis, who introduced the related bill, acknowledged that the proposal lacks sufficient support in Congress.Lummis stated at the Bitcoin Investor Day event in New York that there is resistance even within the Republican Party. She quoted House Banking Committee Chairman Tim Scott's suggestion to delay implementation and pointed out that lack of preparation is a major obstacle.

ChainCatcher news, according to DL News, Bitwise Chief Investment Officer Matt Hougan stated in his investment memo: "Trump is like a game changer, the establishment of the U.S. crypto strategic reserve will be seen as the first shot in the global Bitcoin arms race and will trigger a domino effect.Honduras, Mexico, or Guatemala, now looking at El Salvador, it's now America's turn to acquire Bitcoin. Will countries like Dubai, Qatar, or Saudi Arabia envy America's leading position? Countries may view Bitcoin as an important monetary asset."

ChainCatcher news, according to Bitcoin Magazine, legislative process documents show that the Texas Strategic Bitcoin Reserve and Investment Act has been listed on the Senate intent calendar on March 5, 2025, marking a step forward for the bill towards formal passage.The bill was previously reviewed by the Business and Commerce Committee on March 4, receiving overwhelming support with 10 votes in favor, 0 votes against, and only 1 person absent. The bill covers multiple areas, including finance, state fiscal management and control, auditing, currency trading, and public account auditing. The bill will establish the "Texas Bitcoin Strategic Reserve Advisory Committee," responsible for overseeing the management of the state's Bitcoin reserves.

ChainCatcher news, according to The Block, the U.S. crypto reserve may be announced on Friday at the first White House crypto summit. U.S. Secretary of Commerce Howard Lutnick stated that Trump is very interested in a Bitcoin strategic reserve, while other tokens may be treated differently. He revealed that under Trump's plan, Bitcoin will receive a "unique status."Howard Lutnick added, "The Bitcoin strategic reserve is something the president is interested in. He talked about it during the campaign, and I think you will see it implemented on Friday, so Bitcoin is one thing, other currencies, other crypto tokens, I think, will be treated differently—positively but differently."

ChainCatcher news, according to an analysis published by The New York Times, Trump himself may be the winner of the cryptocurrency strategic reserve, as his family's crypto project has spent millions of dollars to buy cryptocurrencies, and some of these tokens may be included in the U.S. strategic reserve.Cornell University economist Eswar Prasad added, "Trump's cryptocurrency strategic reserve lacks rationality and strategy; it is only beneficial for Bitcoin holders at this stage, but it is definitely a bad thing for taxpayers."

ChainCatcher news, according to CoinDesk, the Berachain ecosystem liquidity staking protocol Infrared has completed a $14 million Series A funding round led by Framework Ventures. Combined with the previous $2.25 million strategic round led by Binance Labs and $2.5 million seed round, Infrared's total funding has reached $18.75 million.Infrared will provide liquidity staking solutions for Berachain's native tokens BGT and BERA. Users who stake the native tokens to earn validator rewards will receive the liquidity staking token iBERA, which can generate additional yields in other DeFi protocols. In addition, Infrared has also become the first project supported by the Berachain Foundation incubator "Build a Bera," which announced in January this year that it was seeking collaborative startup projects.Michael Anderson, co-founder of Framework Ventures, stated, "We believe that Infrared's protocol will unlock a significant amount of productive capital within the broader Berachain ecosystem while maximizing efficiency and returns. This will enable developers on the Berachain framework to innovate in new ways."According to the Web3 asset data platform RootData, Infrared Finance is an application based on Berachain's liquidity proof consensus mechanism. The application redesigns liquidity staking in the context of a three-token architecture and the unique soul-binding element of BGT. The protocol maximizes value for stakeholders through its infrastructure-level PoL treasury and iBGT liquidity staking derivatives, leveraging the social aggregation of BGT.

ChainCatcher news, according to Bloomingbit, the announcement by U.S. President Trump to consider XRP, ADA, and Solana as strategic reserve assets has led to a significant increase in the prices of these three cryptocurrencies, while also drawing strong skepticism from industry experts. Castle Island Ventures partner Nick Carter stated on social media: "The government's role is not to operate alternative cryptocurrency hedge funds."Several experts pointed out that some of the selected cryptocurrencies have serious flaws that make them unsuitable as strategic reserve assets. SpaceID business development manager Harrison Seletsky stated: "Ethereum and Solana have strong networks and may be suitable for inclusion as strategic reserve assets, but the mainnets XRPL and Cardano of XRP and ADA are clearly lacking in total locked value (TVL) and stablecoin liquidity."TwoPrime Digital Assets CEO Alexander Blum emphasized the centralization issue: "XRP, ADA, and Solana have centralized ownership structures, which fundamentally distinguishes them from Bitcoin." Smadex co-founder Jean Rausis criticized: "The strategic cryptocurrency reserve plan that includes XRP, Solana, and ADA is Trump's attempt to profit for himself; he knows nothing about cryptocurrency strategic reserves."

ChainCatcher news, according to Cointelegraph, the current Australian government has stated that there are no plans to establish a cryptocurrency strategic reserve.A spokesperson for Australian Assistant Treasurer and Minister for Financial Services Stephen Jones told Cointelegraph that the Albanese government is focused on regulating digital asset platforms and is developing a regulatory framework suitable for digital assets.Tom Matthews, Head of Corporate Affairs at Australian exchange Swyftx, believes that while the idea of a crypto reserve is popular, it may be "fraught with complexities" and could lead to concentration risks for certain tokens. Jonathan Miller, Managing Director of Kraken Australia, stated that cryptocurrencies have established themselves as investment-grade assets.

ChainCatcher news, according to BTCTN, Jan3 CEO Samson Mow has issued a warning regarding the cryptocurrency reserve plan proposed by Trump, pointing out that if the plan includes random altcoins, it could lead to chaos.Mow stated that if the reserve plan recklessly mixes various cryptocurrencies such as XRP, SOL, ADA, and ETH, it could reduce it to a purely speculative game. He is particularly concerned about the risk of market manipulation, believing that if Trump can choose any cryptocurrency at will, it would create opportunities for lobbyists and insiders.Mow indicated that a real strategy should prioritize proof-of-work assets like BTC, LTC, and XMR. He warned that if Trump's cryptocurrency reserve goes off track, it could push the United States towards "unprecedented degradation."

ChainCatcher news, Gemini co-founder Tyler Winklevoss stated that XRP, SOL, and ADA are not suitable to be crypto strategic reserves. Currently, there is only one digital asset in the world that meets the criteria, which is Bitcoin.