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Wise Monk
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Yesterday,
#KANYEWEST
lunched a crypto token
$YZY
. I has plummeted 75% since lunch.
$YZY
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Global governments directly control about 2.46% of all #Bitcoin , that’s over half a million BTC in sovereign hands. Top players: • USA: 198,000 BTC (~0.94%) • China: 194,000 BTC (~0.92%) • UK: 61,000 BTC (~0.29%) • Ukraine: 46,300 BTC (~0.22%) • Bhutan: 11,300 BTC (~0.05%) Every #SatoshiSpentByGov reshapes the global $BTC narrative. From seizures to mining to strategic reserves, it’s becoming geopolitics with a digital twist. #crypto #BTC #CryptoNews
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The #Philippines has unveiled a bold proposal: a 10,000 BTC strategic reserve, locked for at least 20 years. Under the bill, the #centralbank would acquire 2,000 $BTC annually for five years, storing the assets in cold wallets. These funds could only be used to pay government debt, with sales limited to 10% every two years after the lockup. Congressman Miguel Luis Villafuerte, who authored the bill, said #bitcoin global role makes this move "imperative." If passed, the Philippines would join a growing list of nations exploring Bitcoin as part of their long-term #reserves .
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#Japan's Finance Minister Katsunobu Kato stated that #cryptocurrencies can be part of a diversified #investment portfolio despite their high volatility.
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The Central Bank of the #Philippines 🇵🇭 takes a bold step by integrating 10,000 $BTC into its reserves, approximately 500 million dollars. This move signifies a pivotal moment in financial institutions' adoption of #cryptocurrencies . Bitcoin asserts itself as an essential safe haven asset for modern economies. #BNBATH900 #HEMIBinanceTGE #FamilyOfficeCrypto
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#AndrewTate lost $700k shorting #KANYEWEST $YZY Token on #Hyperliquid .
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