5 days ago
🚨 BREAKING: Swedish MP Officially Requests Evaluation of a National Strategic #bitcoin Reserve 💥
A formal request has been filed urging Sweden to assess the potential of holding Bitcoin as a strategic reserve asset. The Finance Minister is now required to respond.
This could signal a major step toward national-level BTC adoption in Europe. 🚀
#bitcoin #BTC #cryptonews #Sweden #DigitalAssets #bitcoinreserve #MacroMoves
A formal request has been filed urging Sweden to assess the potential of holding Bitcoin as a strategic reserve asset. The Finance Minister is now required to respond.
This could signal a major step toward national-level BTC adoption in Europe. 🚀
#bitcoin #BTC #cryptonews #Sweden #DigitalAssets #bitcoinreserve #MacroMoves
7 days ago
🚨JUST IN:
New Hampshire and Florida Move Forward with Bitcoin Reserve Bills
Arizona and Texas have already passed similar bills through at least one chamber.
Governments holding bitcoin is a growing theme across the U.S., with several states proposing to invest a portion of public funds in the scarce digital asset.
Both bills specify that only digital assets with a market cap of over $500 billion qualify. Right now, bitcoin is the only one that meets that requirement, so it’s the only one the states can invest in.
#digitalasset #bitcoin #bitcoinreserve
New Hampshire and Florida Move Forward with Bitcoin Reserve Bills
Arizona and Texas have already passed similar bills through at least one chamber.
Governments holding bitcoin is a growing theme across the U.S., with several states proposing to invest a portion of public funds in the scarce digital asset.
Both bills specify that only digital assets with a market cap of over $500 billion qualify. Right now, bitcoin is the only one that meets that requirement, so it’s the only one the states can invest in.
#digitalasset #bitcoin #bitcoinreserve
1 month ago
⚡️Digital Asset Funds Experience Significant Outflows Amid Global Uncertainty
investors are increasingly withdrawing from digital assets as these investments face declining popularity due to rising geopolitical and economic uncertainties. Last week alone, global digital asset funds saw a loss of $1.7 billion, as reported by CoinShares. This brings the total outflow over the past five weeks to $6.4 billion. In the United States, bitcoin (BTC) exchange-traded funds (ETFs) have experienced the longest streak of weekly outflows since their debut in January 2024, with investors pulling out more than $5.4 billion during this period.
U.S. President Donald Trump has expressed support for cryptocurrencies, notably through the order to establish a Bitcoin Strategic Reserve. However, this support has not been sufficient to alleviate concerns stemming from tariff-induced trade tensions and monetary policy challenges. Despite the presidential backing, the digital asset market continues to face significant pressure.
Bitcoin has seen a substantial decline, dropping over 21% in the last three months to approximately $83,000. The broader CoinDesk 20 Index (CD20) has also suffered, losing around 34.6% of its value during the same timeframe. These figures highlight the ongoing volatility and uncertainty within the digital asset sector, as investors remain cautious amid the current global economic landscape.
#bitcoin #Trump #Outflows #ETF #BTC #bitcoinreserve
investors are increasingly withdrawing from digital assets as these investments face declining popularity due to rising geopolitical and economic uncertainties. Last week alone, global digital asset funds saw a loss of $1.7 billion, as reported by CoinShares. This brings the total outflow over the past five weeks to $6.4 billion. In the United States, bitcoin (BTC) exchange-traded funds (ETFs) have experienced the longest streak of weekly outflows since their debut in January 2024, with investors pulling out more than $5.4 billion during this period.
U.S. President Donald Trump has expressed support for cryptocurrencies, notably through the order to establish a Bitcoin Strategic Reserve. However, this support has not been sufficient to alleviate concerns stemming from tariff-induced trade tensions and monetary policy challenges. Despite the presidential backing, the digital asset market continues to face significant pressure.
Bitcoin has seen a substantial decline, dropping over 21% in the last three months to approximately $83,000. The broader CoinDesk 20 Index (CD20) has also suffered, losing around 34.6% of its value during the same timeframe. These figures highlight the ongoing volatility and uncertainty within the digital asset sector, as investors remain cautious amid the current global economic landscape.
#bitcoin #Trump #Outflows #ETF #BTC #bitcoinreserve
1 month ago
🔥 INSIGHT: The US holds the largest government Bitcoin reserves with 198,109 BTC, closely followed by China, which has 190,000 BTC.
Will more states be joining the Bitcoin race soon? 👀
#bitcoin #US #bitcoinreserve #china
Will more states be joining the Bitcoin race soon? 👀
#bitcoin #US #bitcoinreserve #china
1 month ago
🚨 WATCH: Newmarket Capital CEO Andrew Hohns suggests the US government to issue $2T of Bit bonds to buy $200B worth of Bitcoin for the US Strategic Bitcoin Reserve.
#bitcoin #bitbonds #bitcoinreserve #US
#bitcoin #bitbonds #bitcoinreserve #US
1 month ago
The Australia Libertarian Party Has Officially Integrated A #bitcoin Reserve Into Its Policy Platform
As The 14Th Largest Economy In The World 🔥
This Move Reflects A Strong Commitment To Financial Innovation And Economic Freedom, Promoting Bitcoin As A Viable Asset In Government Strategy.
#bitcoin #australia #bitcoinreserve
As The 14Th Largest Economy In The World 🔥
This Move Reflects A Strong Commitment To Financial Innovation And Economic Freedom, Promoting Bitcoin As A Viable Asset In Government Strategy.
#bitcoin #australia #bitcoinreserve
1 month ago
BREAKING: White House Rejects Cryptocurrency Transaction Tax Proposal
David Sacks, the White House crypto and AI czar, has rejected the idea of taxing every cryptocurrency transaction to strengthen the U.S. strategic Bitcoin reserve and digital asset holdings.
On a recent episode of the All In podcast, host Jason Calacanis proposed a 0.01% tax on each crypto transaction, to be paid in the asset being transferred, purchased, or sold.
Sacks expressed doubts, pointing out that taxes often begin small but tend to grow over time. He cited the U.S. income tax, which started with a limited scope but later expanded to affect far more people.
Sacks voiced concerns about the potential strain of new taxes, even if they’re initially presented as minor. Crypto investors also criticized the idea, especially the prospect of taxing transfers between wallets owned by the same person.
The White House Crypto Summit held recently didn’t delve into specific tax proposals, though the Trump administration has signaled interest in broad federal tax reform.
President Donald Trump has floated the idea of abolishing the federal income tax, favoring tariffs on imported goods as a revenue source instead. He highlighted the 19th century, when tariffs alone funded the U.S. government, as a time of notable economic success. U.S. Commerce Secretary Howard Lutnick backed this plan, proposing to replace the Internal Revenue Service (IRS) with an 'External Revenue Service.'
#cryptocurrency #Tax #Cryptotax #WhiteHouse #bitcoinreserve
David Sacks, the White House crypto and AI czar, has rejected the idea of taxing every cryptocurrency transaction to strengthen the U.S. strategic Bitcoin reserve and digital asset holdings.
On a recent episode of the All In podcast, host Jason Calacanis proposed a 0.01% tax on each crypto transaction, to be paid in the asset being transferred, purchased, or sold.
Sacks expressed doubts, pointing out that taxes often begin small but tend to grow over time. He cited the U.S. income tax, which started with a limited scope but later expanded to affect far more people.
Sacks voiced concerns about the potential strain of new taxes, even if they’re initially presented as minor. Crypto investors also criticized the idea, especially the prospect of taxing transfers between wallets owned by the same person.
The White House Crypto Summit held recently didn’t delve into specific tax proposals, though the Trump administration has signaled interest in broad federal tax reform.
President Donald Trump has floated the idea of abolishing the federal income tax, favoring tariffs on imported goods as a revenue source instead. He highlighted the 19th century, when tariffs alone funded the U.S. government, as a time of notable economic success. U.S. Commerce Secretary Howard Lutnick backed this plan, proposing to replace the Internal Revenue Service (IRS) with an 'External Revenue Service.'
#cryptocurrency #Tax #Cryptotax #WhiteHouse #bitcoinreserve
1 month ago
President Donald Trump signs an executive order to officially create a Bitcoin reserve.
#Trump #bitcoin #bitcoinreserve
#Trump #bitcoin #bitcoinreserve
1 month ago
President Trump signs executive order for Strategic Bitcoin Reserve
Trump’s proposed Strategic Bitcoin Reserve could alleviate $18 billion in sell-side pressure.
#bitcoin #Trump #bitcoinreserve
Trump’s proposed Strategic Bitcoin Reserve could alleviate $18 billion in sell-side pressure.
#bitcoin #Trump #bitcoinreserve
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