thebitcoinact
3.9M views
4,704 Discussing
Cynthia Lummis has announced that she will reintroduce her BTC reserve bill, The Bitcoin Act, in the Senate today alongside co-sponsor, Republican West Virginia Senator Jim Justice. As U.S. states actively push for Bitcoin legislation, what impact could this reintroduction have?
Hot
Latest
Senator Cynthia Lummis Teases Major Bitcoin Developments
According to Odaily, U.S. Senator Cynthia Lummis, known for her pro-crypto stance and serving as the chair of the Senate Banking Subcommittee on Digital Assets, has released a video on the X platform hinting at significant upcoming developments in Bitcoin. The video, accompanied by the caption 'This time, I'm serious,' suggests that 'Big Things are Coming.'
See original
#TheBitcoinAct #CryptoMarketWatch This week, the cryptocurrency landscape took a dramatic turn when the President of the USA, Donald Trump, signed an executive order establishing a Strategic Cryptocurrency Reserve in the country. This move marks a historic shift in the government's stance towards digital assets.
See original
#TheBitcoinAct Gold Has Run Out!
The US has over $800 billion in gold, but what if it sold some to buy Bitcoin? Experts suggest this bold move could reshape the financial system and protect national reserves in the future!
Proposal to Trade Gold for Bitcoin
Geoff Kendrick, Head of Global Digital Asset Research at Standard Chartered Bank, has suggested that the US government consider reallocating some of its gold reserves to acquire Bitcoin. This strategy aims to diversify national assets without imposing additional costs on taxpayers.
Current Gold Holdings
The United States has approximately 8,133.46 tons of gold, worth around $758 billion. Selling a small portion of this reserve could provide the necessary funds to invest in Bitcoin, in line with modern financial trends.
Alternative Funding Strategies
In addition to selling gold, other methods have been proposed to fund Bitcoin acquisitions:
Exchange Stabilization Fund (ESF): Leveraging the ESF's net assets of $39 billion could offer a budget-neutral approach to purchasing Bitcoin.
Legislative Measures: Integrating Bitcoin investment plans into proposed legislation, such as the "Bitcoin 2024 Act" introduced by Senator Cynthia Lummis, could provide a structured pathway for this acquisition.
Implications of Transition
Shifting a portion of national reserves from gold to Bitcoin represents a significant policy change. Historically, the US government has sold seized Bitcoin on the open market. Retaining this digital asset could yield substantial long-term returns, reflecting an increasing recognition of cryptocurrency's value.
Global Perspective
The US is not alone in considering Bitcoin as a reserve asset. Countries like El Salvador have integrated Bitcoin into their national reserves, which may inspire other nations to explore similar strategies.
The US has over $800 billion in gold, but what if it sold some to buy Bitcoin? Experts suggest this bold move could reshape the financial system and protect national reserves in the future!
Proposal to Trade Gold for Bitcoin
Geoff Kendrick, Head of Global Digital Asset Research at Standard Chartered Bank, has suggested that the US government consider reallocating some of its gold reserves to acquire Bitcoin. This strategy aims to diversify national assets without imposing additional costs on taxpayers.
Current Gold Holdings
The United States has approximately 8,133.46 tons of gold, worth around $758 billion. Selling a small portion of this reserve could provide the necessary funds to invest in Bitcoin, in line with modern financial trends.
Alternative Funding Strategies
In addition to selling gold, other methods have been proposed to fund Bitcoin acquisitions:
Exchange Stabilization Fund (ESF): Leveraging the ESF's net assets of $39 billion could offer a budget-neutral approach to purchasing Bitcoin.
Legislative Measures: Integrating Bitcoin investment plans into proposed legislation, such as the "Bitcoin 2024 Act" introduced by Senator Cynthia Lummis, could provide a structured pathway for this acquisition.
Implications of Transition
Shifting a portion of national reserves from gold to Bitcoin represents a significant policy change. Historically, the US government has sold seized Bitcoin on the open market. Retaining this digital asset could yield substantial long-term returns, reflecting an increasing recognition of cryptocurrency's value.
Global Perspective
The US is not alone in considering Bitcoin as a reserve asset. Countries like El Salvador have integrated Bitcoin into their national reserves, which may inspire other nations to explore similar strategies.
๐จโผ๏ธ$REZ is going down at the moment after
๐โ Trading Signal:๐ฐ$REZ
โ๏ธPair: ๐ฐ$REZ USDT
โญ๏ธType: Potential Short (Sell)
โ Entry: 0.02750-0.02800 (conservative entry upon confirmed retest of resistance)
๐ฆTP1: 0.02700
๐ฆTP2: 0.02650
๐ฆTP3: 0.02600
๐SL: 0.02820
Key Points &Tips :๐๐๐
๐ฝConsolidating with recent downward movement.
โผ๏ธPotential resistance at 0.02750-0.02800.
โ Wait for confirmation of retest and bearish candlestick before entering.
โ๏ธUse proper risk management.
๐Consider market conditions and volatility.
#Write2Earn #BinanceSquareFamily #TrendingTopic #TheBitcoinAct #BinanceAlphaAlert
๐โ Trading Signal:๐ฐ$REZ
โ๏ธPair: ๐ฐ$REZ USDT
โญ๏ธType: Potential Short (Sell)
โ Entry: 0.02750-0.02800 (conservative entry upon confirmed retest of resistance)
๐ฆTP1: 0.02700
๐ฆTP2: 0.02650
๐ฆTP3: 0.02600
๐SL: 0.02820
Key Points &Tips :๐๐๐
๐ฝConsolidating with recent downward movement.
โผ๏ธPotential resistance at 0.02750-0.02800.
โ Wait for confirmation of retest and bearish candlestick before entering.
โ๏ธUse proper risk management.
๐Consider market conditions and volatility.
#Write2Earn #BinanceSquareFamily #TrendingTopic #TheBitcoinAct #BinanceAlphaAlert
#TheBitcoinAct $BTC
"BITCOIN BULLISH ALERT! The king of cryptocurrencies is on the rise! With increasing adoption and institutional investment, Bitcoin's price is skyrocketing! Don't miss out on this opportunity! Invest now and be part of the Bitcoin bull run! #Bitcoin #Bullish #Cryptocurrency #Invest"
"BITCOIN BULLISH ALERT! The king of cryptocurrencies is on the rise! With increasing adoption and institutional investment, Bitcoin's price is skyrocketing! Don't miss out on this opportunity! Invest now and be part of the Bitcoin bull run! #Bitcoin #Bullish #Cryptocurrency #Invest"
#TheBitcoinAct BIG CONGRATULATIONS TO EVERYONE .. $ADA exactly follow same pattern as I told you guys ...
Our $ADA short call has HIT THE TARGET at $0.70 exactly as predicted! ๐ฅ The market followed our analysis perfectly, delivering solid gains for those who executed the trade.
๐ Cardano is now at $0.6988, continuing its downward move after breaking key support levels. The question now is โ will ADA see further drops, or is a bounce coming? Stay sharp, traders ..
๐ฐ Who secured profits? Let me know in the comments ..
#ADA #CryptoTrading #Write2Earn!
Our $ADA short call has HIT THE TARGET at $0.70 exactly as predicted! ๐ฅ The market followed our analysis perfectly, delivering solid gains for those who executed the trade.
๐ Cardano is now at $0.6988, continuing its downward move after breaking key support levels. The question now is โ will ADA see further drops, or is a bounce coming? Stay sharp, traders ..
๐ฐ Who secured profits? Let me know in the comments ..
#ADA #CryptoTrading #Write2Earn!
Mt. Gox again moved 332 $BTC (26.67M) to an unknown wallet.
In total, they have moved 11,834 $BTC (931M) in the past 7 hours.
#TheBitcoinAct #BTC
In total, they have moved 11,834 $BTC (931M) in the past 7 hours.
#TheBitcoinAct #BTC
$BTC #MarketPullback btc it si a best #MarketPullback #MarketPullback #BinanceAlphaAlert #TheBitcoinAct ##btc
As said hold onto your assets It's a game, #BTC will be back soon.
As of March 11, 2025, Bitcoin (BTC) is trading at approximately $81,584. Recent analyses suggest that Bitcoin could experience significant growth in the near future. For instance, Coin codex projects a 29.99% increase in BTC's price for March 2025, potentially reaching around $106,000. Similarly, Coindcx.com forecasts that Bitcoin could trade between $86,226 and $119,532 during the same period, with the possibility of surpassing the $100,000 mark. #TheBitcoinAct #BinanceAlphaAlert #CryptoMarketWatch #BTC
What is your take on it, Will bitcoin reach new heights by the end of this month.
As of March 11, 2025, Bitcoin (BTC) is trading at approximately $81,584. Recent analyses suggest that Bitcoin could experience significant growth in the near future. For instance, Coin codex projects a 29.99% increase in BTC's price for March 2025, potentially reaching around $106,000. Similarly, Coindcx.com forecasts that Bitcoin could trade between $86,226 and $119,532 during the same period, with the possibility of surpassing the $100,000 mark. #TheBitcoinAct #BinanceAlphaAlert #CryptoMarketWatch #BTC
What is your take on it, Will bitcoin reach new heights by the end of this month.
$95000
100%
$110000
0%
1 votes โข Voting closed
#TheBitcoinAct #BinanceAlphaAlert ๐ฐ Whales accumulated over 65,000 BTC
โDespite the continued correction in $BTC
, whales have accumulated more than 65 thousand bitcoins in the last 30 days, indicating high buying pressure from large network participants.โ
โDespite the continued correction in $BTC
, whales have accumulated more than 65 thousand bitcoins in the last 30 days, indicating high buying pressure from large network participants.โ
$BTC been on a wild ride, with trading volumes dropping sharply after a volatile stretch. Retail Binance investors in the spot market felt the heat, while the derivatives market stayed more stable.
On the other hand, holding BGB is paying off. Right now, BGB holders can join the $SOL & XRP Fest, share their thoughts on the U.S. crypto strategic reserve, and earn airdrop rewards.
#TheBitcoinAct
On the other hand, holding BGB is paying off. Right now, BGB holders can join the $SOL & XRP Fest, share their thoughts on the U.S. crypto strategic reserve, and earn airdrop rewards.
#TheBitcoinAct
๐ Bitcoin is in rebound zones
โซ๏ธ It reached an upward trend from the start of the bull market
โซ๏ธ A very important support level that we bounced from after a 9-month correction
โซ๏ธ Significant averages where the price has previously bounced several times in the current cycle and past cycles
โซ๏ธ Closed the entire CME GAP
โซ๏ธ Positive divergence on the daily frame
๐บ If the trend, averages, and support are broken, it will be extremely negative
#BinanceAlphaAlert
#TheBitcoinAct
โซ๏ธ It reached an upward trend from the start of the bull market
โซ๏ธ A very important support level that we bounced from after a 9-month correction
โซ๏ธ Significant averages where the price has previously bounced several times in the current cycle and past cycles
โซ๏ธ Closed the entire CME GAP
โซ๏ธ Positive divergence on the daily frame
๐บ If the trend, averages, and support are broken, it will be extremely negative
#BinanceAlphaAlert
#TheBitcoinAct
*BTC Act: Bitcoinโs Legal Landscape*
The *BTC Act* refers to regulations surrounding Bitcoin, as governments globally work to address its impact on financial systems.
*Global Legal Perspectives*
- *USA*: Bitcoin is treated as property for tax purposes. Some states, like Wyoming, support crypto-friendly policies.
- *El Salvador*: Adopted Bitcoin as legal tender, integrating it into the economy.
- *China*: Banned Bitcoin trading and mining due to financial and environmental concerns.
- *EU*: Focuses on regulations for anti-money laundering and terrorism financing, but allows innovation in crypto.
*Bitcoinโs Economic Impact*
- *Store of Value*: Viewed as "digital gold" by many investors.
- *Cross-Border Payments*: Offers efficient, low-cost transfers.
- *DeFi*: Bitcoin is key to decentralized finance, enabling transactions without banks.
*The Future of BTC Regulation*
Expect more regulations on taxation, consumer protection, and environmental concerns as Bitcoinโs adoption grows.
In conclusion, as Bitcoin evolves, so will the legal frameworks to balance innovation and regulation in the cryptocurrency space.#TheBitcoinAct
The *BTC Act* refers to regulations surrounding Bitcoin, as governments globally work to address its impact on financial systems.
*Global Legal Perspectives*
- *USA*: Bitcoin is treated as property for tax purposes. Some states, like Wyoming, support crypto-friendly policies.
- *El Salvador*: Adopted Bitcoin as legal tender, integrating it into the economy.
- *China*: Banned Bitcoin trading and mining due to financial and environmental concerns.
- *EU*: Focuses on regulations for anti-money laundering and terrorism financing, but allows innovation in crypto.
*Bitcoinโs Economic Impact*
- *Store of Value*: Viewed as "digital gold" by many investors.
- *Cross-Border Payments*: Offers efficient, low-cost transfers.
- *DeFi*: Bitcoin is key to decentralized finance, enabling transactions without banks.
*The Future of BTC Regulation*
Expect more regulations on taxation, consumer protection, and environmental concerns as Bitcoinโs adoption grows.
In conclusion, as Bitcoin evolves, so will the legal frameworks to balance innovation and regulation in the cryptocurrency space.#TheBitcoinAct
$BTC
#TheBitcoinAct
#BinanceAlphaAlert
BTC, or Bitcoin, is a digital currency that operates on a decentralized network. #BTC #Bitcoin #cryptocurrency #blockchain #digitalcurrency #finance
#TheBitcoinAct
#BinanceAlphaAlert
BTC, or Bitcoin, is a digital currency that operates on a decentralized network. #BTC #Bitcoin #cryptocurrency #blockchain #digitalcurrency #finance
๐จ๐จ TRUMP TO SIGN EXECUTIVE ORDER TO END CRYPTO BANKING RESTRICTIONS! ๐จ๐จ
Big news in the crypto world! President Donald Trump is gearing up to sign an executive order that could change everything for crypto firms. According to sources, this order will roll back banking restrictions that have been squeezing the life out of crypto businesses since the Biden administration.
The executive order is set to target "Operation Chokepoint 2.0," a controversial initiative that allegedly pressured banks to cut off services to crypto companies. This move has been a hot topic in the industry, with many arguing that the previous administration stifled the crypto sector by restricting access to banking services.
If Trumpโs order goes through, it could be a game-changer for the crypto space, potentially opening the floodgates for financial institutions to start working with crypto companies again. The stakes are HIGH, and the market is watching closely! ๐ฅ Stay tuned as this thrilling development unfolds! ๐๐ฅ
#TheBitcoinAct #BinanceAlphaAlert #USStocksPlunge #TrendingTopic #TrumpCrypto
Big news in the crypto world! President Donald Trump is gearing up to sign an executive order that could change everything for crypto firms. According to sources, this order will roll back banking restrictions that have been squeezing the life out of crypto businesses since the Biden administration.
The executive order is set to target "Operation Chokepoint 2.0," a controversial initiative that allegedly pressured banks to cut off services to crypto companies. This move has been a hot topic in the industry, with many arguing that the previous administration stifled the crypto sector by restricting access to banking services.
If Trumpโs order goes through, it could be a game-changer for the crypto space, potentially opening the floodgates for financial institutions to start working with crypto companies again. The stakes are HIGH, and the market is watching closely! ๐ฅ Stay tuned as this thrilling development unfolds! ๐๐ฅ
#TheBitcoinAct #BinanceAlphaAlert #USStocksPlunge #TrendingTopic #TrumpCrypto
Login to explore more contents