• David Sacks is eager to work on the stablecoin bill.

• In his speech, he reiterated the goals of the US Digital Assets Working Group.

• Sacks declined to comment on cryptocurrency reserves before leaving the podium.

• Past altcoin seasons were driven by events like the 2017 ICO boom, but cycles vary in intensity.

• Altcoins struggle to regain highs. BTC dominates over 60% of market cap.

• The altcoin season isn’t likely without major macro changes.