ChainCatcher news, according to market news, Trump will sign an executive order at 3:30 PM Eastern Time on Tuesday.

ChainCatcher news, according to CNBC, Bitcoin fell on Monday after President Trump signed an executive order to create a U.S. strategic Bitcoin reserve, impacting market sentiment.The reserve will be funded by Bitcoin seized in criminal and civil forfeiture cases, and currently, the U.S. government has no plans to purchase more Bitcoin. Following the announcement of the strategic reserve last week, cryptocurrency prices dropped, with investors disappointed by the lack of more aggressive measures in the plan.

ChainCatcher news, White House AI and cryptocurrency chief David Sacks stated, "Just a few minutes ago, President Trump signed an executive order to establish a strategic Bitcoin reserve. This reserve will be backed by Bitcoin owned by the federal government, which is part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime. It is estimated that the U.S. government owns about 200,000 Bitcoins; however, a complete audit has never been conducted. The executive order mandates a comprehensive accounting of the federal government's digital asset holdings.The U.S. will not sell any Bitcoin deposited in the reserve. It will be held as a store of value. For the cryptocurrency commonly referred to as "digital gold," the reserve acts like a digital Fort Knox. The premature sale of Bitcoin has already cost American taxpayers over $17 billion. Now the federal government will formulate a strategy to maximize the value of its Bitcoin holdings.The Secretary of the Treasury and the Secretary of Commerce are authorized to develop budget-neutral strategies to acquire more Bitcoin, provided these strategies do not impose incremental costs on American taxpayers. Additionally, the executive order establishes a U.S. digital asset reserve, which includes digital assets beyond Bitcoin seized in criminal or civil proceedings. Apart from assets obtained through forfeiture, the government will not acquire other assets for the reserve. The purpose of the reserve is to responsibly manage government digital assets under the leadership of the Treasury Department.From the promise to the fulfillment of that promise, President Trump has committed to establishing a strategic Bitcoin reserve and a digital asset reserve, and these commitments have now been realized. This executive order underscores President Trump's determination to make the U.S. the "crypto capital of the world." I want to thank the President for his leadership and vision in supporting this cutting-edge technology, as well as his swift action in supporting the digital asset industry. His administration is indeed moving at "the speed of technology."I also want to thank the President's Digital Asset Market Working Group—especially Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick—for their assistance and support in completing this work. Finally, Bo Hines has played a key role as the executive director of our working group."

ChainCatcher news, Trump has signed an executive order to establish a Presidential Digital Asset Market Working Group. The task of the working group is to develop a federal regulatory framework for managing digital assets (including stablecoins) and to assess the creation of a strategic national digital asset reserve. The working group will be chaired by the White House's "AI and Cryptocurrency Czar" David Sacks, with members including the Secretary of the Treasury, the SEC Chair, and heads of other relevant departments and agencies. The executive order directs departments to propose recommendations to the working group regarding any regulations and other agency actions that should be rescinded or modified that impact the digital asset sector.Additionally, the executive order prohibits agencies from taking any action to establish, issue, or promote central bank digital currencies (CBDCs). The order also rescinds the previous administration's "Digital Asset Executive Order" and the Treasury's "Framework for International Engagement on Digital Assets," stating that these two executive orders stifled innovation and harmed America's economic freedom and global leadership in the digital finance space.Previously, news reported that U.S. President Trump stated he was signing executive orders related to AI and cryptocurrency.

ChainCatcher news, according to Jinshi reports, on January 20 local time, U.S. President Trump signed two executive orders at the White House, directing the Department of Justice and the Office of the Director of National Intelligence to conduct a comprehensive investigation into the Biden administration's "censorship of free speech" and the "weaponization of law enforcement and intelligence agencies."Trump stated that the Biden administration has used public institutions as tools for political struggle, employing federal law enforcement agencies and intelligence departments to investigate, prosecute, and enforce actions against so-called political opponents, and he will retaliate against such actions.