"U.S. Government Eyes Bitcoin, Altcoins for Wealth Fund"
The U.S. government's potential involvement in the cryptocurrency market has sparked interest and speculation, with billionaire venture capitalist Chamath Palihapitiya proposing the use of Bitcoin (BTC) holdings to kickstart a federal sovereign wealth fund. Meanwhile, three altcoins—Dogecoin (DOGE), Hedera (HBAR), and DTX Exchange (DTX)—have emerged as potential investments for the Trump administration before the formation of the Bitcoin Strategic Reserve.
Palihapitiya suggested leveraging the U.S. government's Bitcoin trove, currently valued at $19.408 billion, to capitalize on the growing market. He proposed selling a portion of the holdings and borrowing against them, along with revenues from land and drilling deals, to invest in a mix of index funds, bonds, private equities, hedge funds, and venture capital. This strategy aims to provide long-term financial stability and economic growth.
In the altcoin market, Dogecoin (DOGE), Hedera (HBAR), and DTX Exchange (DTX) have caught the attention of investors, including the Trump administration. Despite the recent market downturn, these cryptocurrencies have shown resilience and potential for growth. Dogecoin (DOGE) has experienced a price decline but is believed to have reached its correct valuation and could form a base for price recovery. Hedera (HBAR) has shown relative strength amid the crash, with a growing role in RWA tokenization and potential spot HBAR ETF approval under the Trump administration. DTX Exchange (DTX) offers a game-changing trading solution, bridging the gap between centralized and decentralized exchanges and targeting enhanced trading operations.
The Dogecoin (DOGE) price sank over the weekend, reaching its lowest since November 9, but analysts believe it has reached its correct valuation and could form a base for price recovery. On the weekly chart, the Dogecoin price has found support at the point where the 40-week moving average touches and has shown a tennis ball reaction, indicating weakening bearish pressure. However, there are many overhead resistances that the Dogecoin price needs to clear to attain new highs.
Hedera (HBAR) has dropped over 19% in the past week but remains stronger than many other large-cap altcoins based on relative strength. Despite this decline, Hedera (HBAR) has shown resilience due 
Quickly understand the history and background of various well-known coins
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