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⇑ Bitcoin Buckling Up Following Trump's Pro-Crypto Remarks and Potential Financial reforms

Bitcoin Buckling Up Following Trump's Pro-Crypto Remarks and Potential Financial reforms
Donald Trump has made several pro-crypto proposals, including building a strategic Bitcoin stockpile, pledging to make the US the 'crypto capital of the world' and promising that cryptocurrencies can save the fossil fuel industry. Even though he stopped short of establishing a bitcoin strategic reserve, his recent statements have boosted the Bitcoin price. Edward Snowden has issued a major Bitcoin privacy alert while Sen. Cynthia Lummis introduced a bill for the US Treasury to purchase 1 million bitcoin. Robert F. Kennedy Jr. promises to issue Bitcoin-related executive orders if elected. Financial firm Cantor Fitzgerald plans to launch a $2 billion Bitcoin financing business. There's speculation about Bitcoin bouncing back above $67,000 and Bitcoin mining giant Marathon Digital has announced a 'Full HODL' strategy by purchasing $100,000,000 worth of BTC. University of Wyoming has initiated a Bitcoin Research Institute and there are predictions of Bitcoin accounting for 7% of global wealth, surging in price to $13M in 21 years by Michael Saylor. In Hong Kong, legislator eyes Bitcoin for fiscal reserves.

Bitcoin News Analytics from Tue, 16 Jul 2024 07:00:00 GMT to Mon, 29 Jul 2024 01:09:35 GMT - Rating 8 - Innovation 6 - Information 7 - Rumor 5

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