All the folks that want cryptocurrencies to be more accepted as legitimate financial vehicles should be up in arms about this. The crypto-skeptics of course see this as more evidence confirming their point of view.

It's textbook corruption in plain sight for all to see. As Schiff said when this went down, approximately around the doge peak: the only thing he's doing more efficiently than biden is facilitating corrpution.

If they cash in all at one that may happen. If they 'DCA' themselves out over a period of 2-3 years (before 2028) then a crash is less likely to occur.

Not if someone on the other end props it up.

There are plenty of foreign governments for whom $5B to buy a big favor from POTUS would be a no-brainer.