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Senator Lummis’ New BITCOIN Act Allows US Reserve to Exceed 1M BTC
US Senator Cynthia Lummis’ newly reintroduced BITCOIN Act will allow the government to potentially hold more than 1 million BTC as part of its newly established reserve.
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Show Notes / News Resources:
✔ https://x.com/CryptoNewsYes
✔ https://x.com/maxkeiser
✔ Bitcoin Technical Analysis: https://cointelegraph.com/news/bitcoin-battles-us-sellers-cpi-inflation-sees-first-drop-since-mid-2024
✔ Metaplanet Expands Bitcoin Stash to 3,050 BTC After Buying 162 More: https://cryptopotato.com/metaplanet-expands-bitcoin-stash-to-3050-btc-after-buying-162-more/
✔ Bank of Russia proposes to allow crypto purchases by select investors: https://cointelegraph.com/news/bank-of-russia-proposes-to-allow-limited-crypto-investments
✔ Texas lawmaker seeks to cap state’s proposed BTC purchases at $250M: https://cointelegraph.com/news/texas-lawmaker-bitcoin-reserve-legislation
✔ Newmarket Capital CEO proposes $2T Bit Bonds to buy Bitcoin: https://www.altcoinbuzz.io/cryptocurrency-news/newmarket-capital-ceo-proposes-2t-bit-bonds-to-buy-bitcoin
✔ Senator Lummis’ New BITCOIN Act Allows US Reserve to Exceed 1M BTC: https://cointelegraph.com/news/senator-cynthia-lummis-new-bitcoin-act-one-million-btc
🔴 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptoNewsAlerts. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.
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