USA May Acquire One Million BTC
Senator Lummis Revives #TheBitcoinAct :
💥Something huge is brewing in the crypto world! Senator Cynthia Lummis has just reintroduced the $BTC , which could seriously change the game for the original cryptocurrency.
🙄What does the new bill propose?
💰The bill aims to authorize the US government to acquire a whopping one million bitcoins — approximately 5% of the total BTC supply! This move would formalize President Trump's strategic Bitcoin reserve and mark a significant shift in the American government's stance on cryptocurrencies.
💪Top-level security
😎According to the plan, the USA would establish a decentralized network of secure Bitcoin vaults across the country. This ensures the safe storage of the government's crypto assets.
🌕Gradual implementation
🤙The bill would also require the #DepartmentOfTeasury to purchase bitcoins gradually — one million BTC over a five-year period.
🚀What does this mean for the market?
🐳Such a massive Bitcoin acquisition by the USA could substantially impact market conditions and strengthen BTC's position as a recognized reserve asset. What do you think? Will the US government adopt this plan? How will it affect the current market conditions? Share your thoughts in the comments!
💥Maybe we're in for the alt season we've all been waiting for? So I think it's worth looking at other blockchains like $SOL and $TON .
💪Memcoins in SOL have done a great job of ‘pumping’ the blockchain. It was a real boom with memcoins and the SOL rate. Now a similar situation is starting to happen in the #TONBlockchain .
🤑Meanwhile, the Total Value Locked (TVL) on this blockchain looks pretty good because of the attractive Annual Percentage Rates (APR). If you check out STONfi, which is the main DEX on the TON blockchain, you'll find some nice APRin their main liquidity pools.
SOME APRs there are:
🚀TON/USD₮, APR - 19%
🚀FPIBANK/TON, APR - 160%
💰 NOT/TON, APR - 25%
💰 PX/TON, APR - 80%