๐จ๐จ #BTCUpdate ๐จ$BTC ๐จ๐จ
๐จ BREAKING: U.S. Moves to Make Bitcoin Reserve Permanent! ๐บ๐ธ๐ฅ
Congressman Byron Donalds has introduced the "Reserve and Stockpile Act" to make the U.S. Strategic Bitcoin Reserve permanentโmeaning the U.S. will NEVER sell its Bitcoin again if this passes! ๐๐ฐ
๐ Key Bill Details:
๐น U.S. Strategic Bitcoin Reserve: The Treasuryโs confiscated BTC (from criminal/civil forfeitures) will be stored indefinitely as a national assetโnever to be sold! ๐ฆ๐
๐น U.S. Digital Asset Stockpile: A separate reserve for non-BTC digital assets (Ethereum, XRP, Solana, etc.), but the government won't actively buy more beyond seizures. ๐พ๐
๐น Legislative Intent: This law ensures Bitcoin remains a strategic U.S. assetโprotecting it from being sold by future administrations. โ๏ธ
๐ Market Reaction:
๐ฐ Bitcoin (BTC) skyrocketed to $95,084 following the news! ๐๐
๐ผ Ethereum, Solana, and XRP also surged in response to the bullish sentiment. ๐ฅ๐
โ ๏ธ Things to Watch Out For:
๐ Will the Bill Pass? Needs 60 Senate votes + House approvalโRepublican support is high, but it still faces hurdles. ๐โ๏ธ
๐ญ Industry Perspective: Some believe this strengthens U.S. Bitcoin adoption, while others think the government should actively buy BTC, not just hold confiscated assets. ๐ค๐ก
๐ฅ The Bottom Line:
If passed, this bill cements Bitcoinโs role as a national strategic assetโpotentially fueling a long-term BTC supply shock! ๐๐ Bullish or just hype? Comment below! โฌ๏ธ๐
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