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  • šŸ“° Crypto Summit: My Three Takes.

šŸ“° Crypto Summit: My Three Takes.

PLUS: Bitcoin Update, How To Alt Trade Safely, and Toad Time 🐸

GM Legends! Regulators are circling, CT is raging, and the U.S. just went full degen—welcome back to this week’s Chalk Chain Weekly! šŸš€

Tired Donald Trump GIF by GIPHY News
This Week:
  • šŸ“¢ Crypto Summit Summary

  • šŸ‘‘ WIC: $TURBO, Giveaway, Trades

  • 🈳 Shoshin: Bitcoin Update, Alt Trade Safely

šŸ¦ White House Crypto Summit – 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.

Donald Trump GIF by CBS News

🄜 Crypto Summit in A Nutshell:

  • ā—BTC Reserve = U.S HODLs – As anticipated, the event centered on the strategic reserve.

  • šŸ› White House Engaging with Crypto = Big Deal – Regardless of the lack of surprises, seeing White House officials openly discuss crypto marks a significant policy shift.

  • āŒ Market Hopes Fell Short – Many expected major announcements or partnerships, but none materialized, leading to a disappointed market response.

  • šŸ“‰ Market Drop Less Severe Than Feared – Given Friday’s developments, the downturn in the market isn’t surprising, though it’s 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 ā€œbudget-neutral strategiesā€ pan out.

šŸ“ƒMy 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 reality—this is about hedging bets on the future of digital assets.

redneck hedge GIF

Hedging vs. Investing – What’s 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 isn’t trying to pick a ā€œwinningā€ crypto—it’s simply preparing for a future where digital assets could play a key role in global finance. This is risk management, not speculation.

2. šŸ“œ 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 country’s 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 Pound—not 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 wasn’t about picking winners—it was about being prepared.

The same logic applies to the Crypto Strategic Reserve today. The U.S. isn’t betting on one coin. It’s building a diversified reserve of:

  • Bitcoin (BTC) – The most established and decentralized asset.

  • Ethereum (ETH) – The leader in smart contracts and decentralized applications

  • Solana (SOL) – A popular blockchain known for its speed and scalability.

  • Ripple (XRP) – A contender for global payments and cross-border transactions.

  • Cardano (ADA) – 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. isn’t left behind, no matter which blockchain ecosystem thrives going forward.

So what is the purpose?

āœ… Avoiding Uncertainty – If the financial system shifts toward crypto, (Which I think it will) the U.S. has a stake in multiple ecosystems.

āœ… Global Influence – Holding digital reserves gives the U.S. leverage in shaping blockchain policy.

āœ… Economic Resilience – The U.S. won’t be left out if one crypto network becomes dominant.

3. So Who Stands to Benefit?

It’s 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.

šŸ”¹ XRP & ADA – Biggest winners (fall under all four categories of the diagram)

šŸ”¹ SOL & AVAX – Strong contenders

šŸ”¹ Other major U.S. blockchain projects could also see growth

CrypoRank Venn Diagram

šŸ”® 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 way—positioning itself for the digital financial future. And you should be too.

Donald Trump GIF by PBS News

🌟Member Shoutout

Huge shoutout to Romeza and MarshMan for consistently pumping our $DXY bags with relentless raids—legends in the game!

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

What is Crypto (Matt)

šŸ“ŠCrypto Market Outlook: Bullish, but Not Out of the Woods Yet

This week Matt noted there’s ā€œA lot to be bullish aboutā€, however, Matt is also urged that the market may react negatively if the crypto summit doesn’t deliver. Which seems to have played out precisely.

ā

ā€œIf the news that the market is expecting of a SBR doesn't happen and there aren’t massive tax breaks for U.S. cryptos, then I think we have more pain,ā€

Matt

Matt stated while he, like many of us, expected the next big run to happen sooner, it hasn’t played out yet. That being said, Matt believes it’s highly unlikely that in 2-3 months, we won’t be sitting higher than we are now.

The key? Adapt and overcome. Markets don’t move on our timeline, but patience and strategy win in the long run. Stay sharp. ⚔

Key resistance levels of BTC/USD

Matt also points out that Bitcoin (BTC) dominance remains strong—something we don’t 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

šŸ† 3K Subs – Giveaway Results

Big congrats to BlueBebop for snagging that $50 prize—just 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. 🤠

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 there’s still time to get involved—drop a comment on any video to boost your chances! šŸš€

šŸ“ŗ Turbo Time - Why The Toad actually makes sense. 🐸

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.

ā

I think its a great community and awesome opportunity to get involved with the TURBO legends.

With that in mind, he’s now holding Turbo—and he’s bullish on the TOAD. šŸøšŸ”„

This week’s trades:

🚨Buy Alerts

  • $TURBO - Bullish on the TOAD. See youtube video.

  • $BOOE - Probably my highest conviction play for the cycle.

  • $KAS - Buy alert at 7.5c šŸ”„ - think this is a very very cheap price to accumulate KASPA.

āš ļøSell Alerts

  • Nil

For real-time alpha and trade alerts from Matt at What Is Crypto

šŸ“² Follow on X: WhatIsCrypto
šŸ”” YouTube: WhatIsCrypto 
šŸ—Øļø Join our Discord Community

Shoshin

šŸŖ™Bitcoin Update

Not much has changed—Shoshin is still long from $80K but missed the chance to hedge at $94K while waiting for more confirmation that never came.

Doesn’t matter.

He still has bids set at $74K and is holding a half-size BTC position here.

Right now, there’s not much to do. He’s keeping an eye on a few alts for the right moment, but for now, it’s all about patience—no overtrading, no unnecessary losses.

Trading Alts with Risk Management

Here is an example of how Shoshin manages risk when trading Alts

šŸ“ˆ 07/03 Shoshin’s 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:
šŸŽÆ $18 first, then aiming for a bigger swing play as $18.5 is reclaimed. 

However, 2 days later the market appeared weak so he:

šŸ“‰ 09/03 HYPE Trade Closed

Shoshin has closed his HYPE position.

  • Price didn’t 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. āœ…

This is a great example of proper risk management, which is especially important in turbulent markets like the one we’re in now. If you’re 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

šŸ“² Follow on X: ShoshinTrading_
šŸ”” YouTube: ShoshinTrading
šŸ—Øļø Join our Discord Community

As always. Zoom out. Take a breath. Touch grass. 🌱

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Join the community Discord

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MEMES OF THE WEEK šŸ˜‚

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.