Crypto Week: Trump Admin Gears Up for July 22 Digital Assets Report; Is a Strategic Bitcoin Reserve Ahead?
Highlights
- The Digital Assets Task Force will unveil its first comprehensive crypto policy report, expected to propose a strategic Bitcoin reserve.
- With the House passing its major spending bill, attention now turns to "Crypto Week" (July 14–18), as lawmakers prioritize new digital asset laws
- Trader Tardigrade says Bitcoin has entered a bullish phase and could break out soon, aligning with growing investor excitement.
The Trump administration’s Digital Assets Task Force will release its first major policy report on July 22, as excitement for “Crypto Week” grows. The House has temporarily paused its work after passing the “One Big Beautiful” spending bill, and now the Senate is focusing fully on cryptocurrency policy and regulation. Is a strategic Bitcoin reserve on cards?
Trump Officials Ready July 22 Release of Long-Awaited Crypto Policy Report
The Trump administration’s Working Group on Digital Asset Markets is scheduled to release its first major crypto policy report. Speaking to Crypto In America, a White House official confirmed the report is on track for a July 22 release. The report is likely to suggest major actions like creating a strategic Bitcoin reserve and giving all crypto companies equal access to the Federal Reserve’s payment system.
With planned hearings and new laws on the way, this report could be a key moment for U.S. crypto policy as Trump continues to influence the rules ahead of the election.
The Working Group was formed in response to Trump’s January executive order aimed at bolstering U.S. dominance in crypto innovation. Acting CFTC Chair Caroline Pham has described the group’s efforts as “productive and fruitful,” indicating the report will contain both legislative and regulatory recommendations.
As Coingape reported, the U.S. House of Representatives officially declared the week of July 14–18 as “Crypto Week.” During this time, lawmakers will focus on advancing important cryptocurrency laws. This indicates that House Republicans are advocating for changes to the regulation of digital assets in the United States.
The House GOP is focusing on changing rules for digital assets. This is a big change from the strict regulations under the Biden administration. Just a year ago, the crypto industry had strong opposition from SEC Chair Gary Gensler, and there was little progress in Congress.
Now, with Trump’s influence shaping federal policy and the GOP supporting pro-crypto measures, the situation has improved. As Crypto Week starts, investors are watching closely for news that could affect U.S. crypto regulation.
Crypto Analyst Confirms Bullish Market Outlook, Predicts Imminent Bitcoin Breakout
A well-known crypto analyst, Trader Tardigrade, has expressed a positive view for Bitcoin, suggesting it may soon experience a significant price increase. Tardigrade believes that Bitcoin has finished its corrective phase, known as wave two, and is now moving into wave three. This phase is usually the most powerful part of a typical Elliott Wave uptrend.
In technical analysis, wave three often brings a strong increase in momentum, usually breaking past previous highs with high trading volume and solid market confidence. The trader’s weekly chart analysis points to a possible breakout, boosting overall optimism in the market as the Crypto week begins.
- Ripple-Backed Evernorth Grows XRP Treasury to $1B Ahead of Nasdaq Listing
- Trump Tariff Tensions Ease as U.S. and China Hold Positive Trade Talks Ahead of Oct 30 Summit
- Polymarket Hits $20B in Trading Volume, Announces Plans for Massive POLY Token Airdrop
- James Wynn Takes XRP Long Bet After Ripple Prime Announcement
- Nasdaq-Listed Bonk Holdings Makes First Major Purchase of $32M, Nears 3% of Total Supply
- Bitcoin Price Eyes $120K Ahead of FED’s 98.3% Likelihood to Cut Rates
- PEPE Coin Price Prediction as Weekly Outflows Hit $17M – Is Rebound Ahead?
- HBAR Price Targets 50% Jump as Hedera Unleashes Massive Staking Move
- Chainlink Price Outlook: Analyst Predicts $100 as Reserve Adds 63K LINK
- SUI Price Prediction as TVL and Monthly DEX Volume Hit All-Time Highs- What’s Next?
- PUMP Price Prediction as Whales Accumulate 4.2B Tokens- Is 135% Rally Next?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
