Important news on December 22:
1. Texas Congressman calls for the establishment of a Bitcoin reserve. Texas Congressman Giovanni Capriglione introduced a bill in December calling for the 'Lone Star State' to establish a Bitcoin reserve. The bill stipulates that Texas must hold Bitcoin for at least five years. According to the bill, the cryptocurrency must be stored in a cold wallet, meaning it must be kept on some device not connected to the internet, and these assets cannot be used for transactions outside of Texas.
2. This year's returns exceeded 76%! Amid the Bitcoin craze, cryptocurrency hedge funds are emerging. With Trump's victory in the U.S. elections, the market generally expects a friendly stance towards cryptocurrencies from the Trump administration. According to data, funds that adopted cryptocurrency strategies averaged a 46% increase in November, with year-to-date returns reaching 76%.
3. El Salvador plans to increase BTC purchases, with a mid-term goal of holding 20,000 BTC.
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