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- š° Crypto Summit: My Three Takes.
š° Crypto Summit: My Three Takes.
PLUS: Bitcoin Update, How To Alt Trade Safely, and Toad Time šø


GM Legends! Regulators are circling, CT is raging, and the U.S. just went full degenāwelcome back to this weekās Chalk Chain Weekly! š

This Week:
š¢ Crypto Summit Summary
š WIC: $TURBO, Giveaway, Trades
š³ Shoshin: Bitcoin Update, Alt Trade Safely


š¦ White House Crypto Summit ā The U.S. Strategy: A Safety Net for the Digital Age
The White House Crypto Summit has confirmed the establishment of a U.S. Crypto Strategic Reserve.

š„ Crypto Summit in A Nutshell:
āBTC Reserve = U.S HODLs ā As anticipated, the event centered on the strategic reserve.
š White House Engaging with Crypto = Big Deal ā Regardless of the lack of surprises, seeing White House officials openly discuss crypto marks a significant policy shift.
ā Market Hopes Fell Short ā Many expected major announcements or partnerships, but none materialized, leading to a disappointed market response.
š Market Drop Less Severe Than Feared ā Given Fridayās developments, the downturn in the market isnāt surprising, though itās not as drastic as some anticipated.
Key Points on the Bitcoin Strategic Reserve
The reserve will hold seized BTC under the U.S. Treasury, and these holdings will not be sold.
Only confiscated altcoins will be added to the reserve, and they can be sold.
No new altcoins will be purchased for the digital asset stockpile.
Additional BTC will be acquired using budget-neutral strategies, ensuring no extra costs for taxpayers.

I, for one, am eager to see exactly how these ābudget-neutral strategiesā pan out.
šMy Three Takes on The Announcements
1. Hedging, Not Investing
While many are talking about this as the government investing in crypto, I want to take a moment to explain the realityāthis is about hedging bets on the future of digital assets.

Hedging vs. Investing ā Whatās the Difference?
Investing means putting money into assets with the expectation of profit.
Hedging is about reducing risk by spreading exposure across different assets, ensuring stability in uncertain markets.
The U.S. government isnāt trying to pick a āwinningā cryptoāitās simply preparing for a future where digital assets could play a key role in global finance. This is risk management, not speculation.
2. š A Historical Parallel
In the early days of the global economy, the U.S. and other powerful nations held reserves of multiple national currencies. Why? Because no one could predict which countryās economy would thrive in 5, 10, or 20 years.
For example, in the years surrounding World War II, the U.S. and other major powers held reserves of the German Reichsmark, Japanese Yen, and British Poundānot as a sign of allegiance, but as a hedge against geopolitical and economic uncertainty. No one knew which economies would recover and dominate in the post-war world, so nations held multiple currencies to maintain flexibility.
It wasnāt about picking winnersāit was about being prepared.
The same logic applies to the Crypto Strategic Reserve today. The U.S. isnāt betting on one coin. Itās building a diversified reserve of:
Bitcoin (BTC) ā The most established and decentralized asset.
Ethereum (ETH) ā The leader in smart contracts and decentralized applications
Solana (SOL) ā A popular blockchain known for its speed and scalability.
Ripple (XRP) ā A contender for global payments and cross-border transactions.
Cardano (ADA) ā A blockchain focusing on security and scalability.
These digital assets serve different purposes, just like different national currencies did in the past.
Today, the U.S. is applying the same logic to crypto. Holding multiple digital assets ensures that the U.S. isnāt left behind, no matter which blockchain ecosystem thrives going forward.
So what is the purpose?
ā Avoiding Uncertainty ā If the financial system shifts toward crypto, (Which I think it will) the U.S. has a stake in multiple ecosystems.
ā Global Influence ā Holding digital reserves gives the U.S. leverage in shaping blockchain policy.
ā Economic Resilience ā The U.S. wonāt be left out if one crypto network becomes dominant.
3. So Who Stands to Benefit?
Itās worth revisiting a recent Venn diagram floating around the crypto space from CryptoRank that shows how some projects could gain more than others from this shift.
š¹ XRP & ADA ā Biggest winners (fall under all four categories of the diagram)
š¹ SOL & AVAX ā Strong contenders
š¹ Other major U.S. blockchain projects could also see growth

CrypoRank Venn Diagram
š® Looking Ahead
As the Crypto Strategic Reserve takes shape, expect more debate about which assets should be included.
Should stablecoins be added? Will newer blockchains enter the mix? Crypto Twitter is already buzzing with hot takes and every community arguing for their preferred coins, so nothing new here. The real debate in my mind is whether alts should be included at all, and if they are, do we really think XRP and ADA deserve a spot?
The answers will unfold over time, but one thing is clear: the U.S. is investing in a meaningful wayāpositioning itself for the digital financial future. And you should be too.


šMember Shoutout
Huge shoutout to Romeza and MarshMan for consistently pumping our $DXY bags with relentless raidsālegends in the game!

If youāre not involved, get among it in the Discord DXY channel and ride the wave.

What is Crypto (Matt)
šCrypto Market Outlook: Bullish, but Not Out of the Woods Yet
This week Matt noted thereās āA lot to be bullish aboutā, however, Matt is also urged that the market may react negatively if the crypto summit doesnāt deliver. Which seems to have played out precisely.
āIf the news that the market is expecting of a SBR doesn't happen and there arenāt massive tax breaks for U.S. cryptos, then I think we have more pain,ā
Matt stated while he, like many of us, expected the next big run to happen sooner, it hasnāt played out yet. That being said, Matt believes itās highly unlikely that in 2-3 months, we wonāt be sitting higher than we are now.
The key? Adapt and overcome. Markets donāt move on our timeline, but patience and strategy win in the long run. Stay sharp. ā”

Key resistance levels of BTC/USD
Matt also points out that Bitcoin (BTC) dominance remains strongāsomething we donāt love but must acknowledge is to be expected at this stage. Matt will be looking for BTC dominance to break down over the next month, a necessary condition for an altcoin season to emerge.

Bitcoin Dominance
š 3K Subs ā Giveaway Results
Big congrats to BlueBebop for snagging that $50 prizeājust like Spike chasing bounties, sometimes you hit the jackpot! A further shoutout to being one of our highly valued members in the community!
Keep the vibes strong, and see you, space cowboys, in the next giveaway. š¤

A few kind words of the man himself!
How to Enter Future Giveaways?
Matt keeps a running log of commenters across recent videos, and the winners will be randomly selected from YouTube comments. That means thereās still time to get involvedādrop a comment on any video to boost your chances! š
šŗ Turbo Time - Why The Toad actually makes sense. šø
Matt has added some Turbo and plans to talk about it a lot more. He sees it as a great community and an exciting opportunity for those looking to get involved with the TURBO legends.
I think its a great community and awesome opportunity to get involved with the TURBO legends.
With that in mind, heās now holding Turboāand heās bullish on the TOAD. šøš„
This weekās trades:
šØBuy Alerts
$TURBO - Bullish on the TOAD. See youtube video.
$BOOE - Probably my highest conviction play for the cycle.
$KAS - Buy alert at 7.5c š„ - think this is a very very cheap price to accumulate KASPA.
ā ļøSell Alerts
Nil
For real-time alpha and trade alerts from Matt at What Is Crypto
š² Follow on X: WhatIsCrypto
š YouTube: WhatIsCrypto
šØļø Join our Discord Community

Shoshin
šŖBitcoin Update
Not much has changedāShoshin is still long from $80K but missed the chance to hedge at $94K while waiting for more confirmation that never came.
Doesnāt matter.
He still has bids set at $74K and is holding a half-size BTC position here.
Right now, thereās not much to do. Heās keeping an eye on a few alts for the right moment, but for now, itās all about patienceāno overtrading, no unnecessary losses.
Trading Alts with Risk Management
Here is an example of how Shoshin manages risk when trading Alts
š 07/03 Shoshinās Trade Setup: HYPE Long
Shoshin is going long on HYPE as the chart enters a key high time frame zone of interest, supported by solid fundamentals and strong tokenomics.
H1 + M30 have already printed clean reversal structures at a key daily level.
H4 is still waiting for confirmation, but an H4 bullish divergence is forming.

Currently in with 50% size, with plans to add more on confirmation and a pullback.
Targets:
šÆ $18 first, then aiming for a bigger swing play as $18.5 is reclaimed.
However, 2 days later the market appeared weak so he:
š 09/03 HYPE Trade Closed
Shoshin has closed his HYPE position.
Price didnāt react quickly.
BTC is chopping over the weekend.
The edge on this trade is gone.
Time to move on and wait for a better setup. ā
This is a great example of proper risk management, which is especially important in turbulent markets like the one weāre in now. If youāre looking to be an active trader, this is the type of patient and calculated methodology you need to employ.
Stay Up-to-Date with Shoshin
š² Follow on X: ShoshinTrading_
š YouTube: ShoshinTrading
šØļø Join our Discord Community

As always. Zoom out. Take a breath. Touch grass. š±

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MEMES OF THE WEEK š




DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.