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Binance word of the day answer today 9 august 2025 #Binance $BTC $BNB $XRP

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#ShareYourThoughtOnBTC Bullish 👍

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#BTC走势分析 #Binance #USFedBTCReserve The US Federal Reserve has made it clear that it's not allowed to own Bitcoin, according to Fed Chair Jerome Powell. This statement has cast doubt on the future of a national Bitcoin reserve, a concept championed by President-elect Donald Trump. Key Developments- National Bitcoin Reserve:- The idea of a national Bitcoin reserve gained traction during Trump's presidential campaign, with proponents arguing it could act as a hedge against the declining value of the US dollar. However, Powell's comments suggest that any changes would require legislative action, a significant hurdle given the partisan divide in Congress. Federal Reserve's Stance: - Powell stated that the Federal Reserve isn't permitted to hold Bitcoin and wouldn't look for a law change, leaving it to Congress to consider. This move has sparked a sell-off in the crypto market, wiping out over $800 million in leveraged positions. Potential Impact:- If implemented, a national Bitcoin reserve could potentially elevate Bitcoin to a national asset, similar to gold. Some lawmakers in states like Ohio, Texas, and Pennsylvania have introduced bills to establish state Bitcoin reserves. Regulatory Landscape:- The Federal Reserve's decision to withdraw guidance discouraging banks from engaging in crypto activities has been seen as a positive development for Bitcoin adoption. However, clear regulatory guidelines are still needed to support institutional adoption. Recent News The White House is set to release a crypto policy report outlining new US crypto regulations, including potential guidelines for stablecoin issuers and agency oversight. President Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile to manage the country's Bitcoin holdings .$BTC $BNB $ETH

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Mooking love BTC

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word of the day 4 letter answer is Risk 👍 #Binance $BTC $BNB $ETH

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