Respected friends, 🚨US President Donald Trump has approved an executive order 🚀🚀creating the US Strategic Bitcoin Reserve and Digital Asset Fund.
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🔤 It includes both BTC and altcoins. As expected, there were no high-profile surprises—no one announced that they are about go to Binance and buy $100 billion worth of cryptos (although cryptos certainly dream hearing just that 😂)
💥What is at the core of the crypto reserve? The bulk of the assets are previously confiscated and seized cryptocurrencies. Simply put, the very BTC and altcoins that the government received after scams, court cases and investigations.
How is the reserve structured? ✅ BTC reserve — you can buy, but you can't sell. This is a key plus, as now government agencies will no longer be able to sell BTC into the market, but only accumulate it. David Sachs: #ADA, #SOL, #XRP were only mentioned because they are in the top 5 cryptocurrencies by capitalization.
❌Alt-reserve — purchases are prohibited, but sales are allowed. Another disadvantage for alts. Even the government is realising that alts are better flipped rather than held long term. What does this mean for the market? 💥BTC is officially recognised as digital gold — the US confirms its status.💥Government BTC will no longer be traded - now only hold and accumulate.💥Bitcoin becomes the new reserve currency in the global economy.
🔥Even if you don't have large sums of money, it's worth starting to accumulate BTC. This is not financial advice, but history is being made right now. Those who realise this today will find themselves in a win-win situation tomorrow. 🚨🚨A year and a half ago, no one would have imagined that the US would be the first to create a crypto reserve based on BTC and alts. Now it is a reality.🔥
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#JobsReportShock #Trump’sExecutiveOrder #CryptoSummit #TrumpCryptoReserve #XRPinCryptoReserve $BTC $XRP $ADA
