Trump Loves Dancing could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Loves Dancing (TRUMPDAN), a new Solana memecoin that was launched today, is set to explode over 17,000% in price in the coming days. This is because TRUMPDAN is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump Loves Dancing can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Trump Loves Dancing could become the next viral memecoin. Trump Loves Dancing launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Trump Loves Dancing on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Loves Dancing by entering its contract address – HVnG6NJCvVDa34VxqR1wmSo18EGtNVJhNR8CQwNwjgpi – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPDAN. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Bitcoin miners are still holding on to a significant amount of Bitcoin, despite 2024's bullish performance.
The cryptocurrency world is busy with predictions for 2025, and a former Goldman Sachs trader has chosen PropiChain , an AI Altcoin, as the breakout star over Dogecoin. While Dogecoin retains its place as a popular meme coin, the trader’s endorsement of PropiChain stems from its robust utility, AI-driven features, and potential to disrupt the $300 trillion real estate market. With forecasts predicting a massive 53,039% rally, this altcoin is quickly becoming the focal point for investors looking for exponential returns in the coming bull market. Dogecoin: A Veteran Meme Coin Dogecoin has remained a favorite in the crypto space since its inception in 2013. It gained traction because of its loyal community and endorsements from influencers Dogecoin’s price skyrocketed during the 2021 bull run, offering life-changing returns to early adopters. However, the coin’s speculative nature and limited utility have raised concerns about its long-term sustainability. While the Dogecoin price may rally during the next market upswing, analysts believe PropiChain offers far greater upside for serious investors. What Makes PropiChain the AI Altcoin to Watch? PropiChain is a project that combines blockchain, AI, and real estate tokenization to solve age-old problems in the property investment market. The real estate market is filled with challenges, including high capital barriers, lack of transparency, and inefficiency. PropiChain addresses these issues through: Fractional Ownership : Investors can buy tokens representing fractional shares of high-value properties, making real estate accessible to anyone. AI Integration : Advanced AI tools provide data-driven insights, automated property valuations, and tailored investment recommendations. Metaverse Integration : PropiChain uses virtual reality to offer immersive property tours and facilitate global investor networking. These features position PropiChain as a practical and profitable investment, unlike speculative coins like Dogecoin. PropiChain’s listing on CoinMarketCap and its BlockAudit security review further enhance its credibility, reassuring investors about the project’s legitimacy. The Power of AI in PropiChain What sets PropiChain apart from other altcoins is its cutting-edge AI integration. Data-Driven Decisions : The platform’s AI tools analyze market trends, identify high-growth areas, and offer real-time property valuations. Risk Mitigation : By using predictive analytics, investors can minimize risks and maximize returns. Streamlined Investment Process : Automated filtering and valuation tools simplify the process, making property investments faster and more accessible. For example, an investor using PropiChain’s AI tools could identify an undervalued property in a high-growth market and gain significant returns without the need for extensive research. Presale Stage: A Once-in-a-Lifetime Opportunity PropiChain is currently in Stage 2 of its presale, with tokens priced at $0.011. The price will increase to $0.023 in Stage 3, making now the ideal time to invest. Investing in the presale offers the chance to acquire tokens at a steep discount before they hit major exchanges. With projections of a 53,039% rally, even a modest investment could yield life-changing returns. Practically, a $500 investment during the presale could grow to over $265,000 if the forecastforecast is true. The Future of PropiChain The roadmap for PropiChain includes partnerships with global real estate firms, further development of its AI and metaverse features, and eventual expansion into other asset classes like art and collectibles. This forward-thinking approach positions PropiChain as a long-term player in the cryptocurrency space, with the potential to outshine established projects like Dogecoin. Conclusion While Dogecoin may see another rally in the coming years, PropiChain’s utility-driven model offers unmatched growth potential. Backed by AI innovation and the booming real estate market, PropiChain is set to redefine property investments and deliver exponential returns to its investors. With its presale price at just $0.011, now’s the best time to invest in PropiChain. Don’t miss out on this opportunity to turn a modest investment into life-changing wealth. Secure your tokens today and be part of a revolution in real estate investments. For more information about the PropiChain Presale: Website: http://propichain.finance/ Join Community: https://linktr.ee/propichain
Crypto investors are closely watching the performance of the Shiba Inu and Dogecoin prices alongside emerging cryptocurrencies like WallitIQ (WLTQ) . With the crypto market moving in a new direction, investors have expressed confidence in predictions on the future prices of these cryptocurrencies. WallitIQ (WLTQ): A Promising Contender In The Crypto-AI Market With Strong Growth Potential Prominent crypto analysts have predicted that WallitIQ (WLTQ) will touch $5 in the coming weeks due to its fast-growing presale and rapid growth potential. WalllitIQ (WLTQ) has gained popularity among crypto enthusiasts through its AI solutions and machine learning algorithms that promote financial literacy and decentralization. As a decentralized crypto wallet, WallitIQ (WLTQ) empowers users to have complete control over their digital assets. Confident in the platform’s potential, investors are positioning themselves for substantial returns, driven by the growing demand for its efficient and secure crypto wallet solutions. With its integration into the booming billion-dollar crypto-AI market, many analysts predict that WallitIQ (WLTQ) will reach $5 before Dogecoin and Shiba Inu achieve new all-time highs. Investors are flocking to the WallitIQ (WLTQ) presale in order to secure their positions in its projected $10 million revenue. In addition, early investors are entitled to several benefits, including governance participation, premium features, and early gains of up to 200% due to token price appreciation in the following presale stage. WallitIQ (WLTQ) provides its users with 24/7 access to blockchain-based activities such as yield farming, trading of over 2,000 cryptocurrencies, and staking mechanisms that yield rewards of up to 180% annually. Also, most analysts and traders are leaning towards WallitIQ (WLTQ) due to its advanced charting tools and innovative features that support profit-making in the volatile crypto market. In order to bolster user confidence, WallitIQ (WLTQ) has undergone a smart contract audit carried out by SolidProof , a cybersecurity and blockchain audit firm that protects financial institutions from malicious attacks. Furthermore, WallitIQ (WLTQ) combines the advanced encryption standard (AES) and elliptic cryptographic curve (ECC) to protect its users’ transactions and private keys from cyber-attacks. Dogecoin Price Prediction Dogecoin (DOGE) is edging closer to the $1 milestone, with analysts forecasting a potential surge beyond $1.50 in the coming months. Recently, the Dogecoin price reached a new high on the weekly chart, breaking through a critical resistance level at $0.32. This breakout serves as a strong technical indicator of sustained bullish momentum, suggesting further price gains may be on the horizon. A popular trader known as Trader Tardigrade declared on X (formerly Twitter) that the Dogecoin price had completed its final retest of the critical support level at $0.31. The analyst presented a chart predicting the Dogecoin price trajectory based on recurrent historical trends. Shiba Inu Projected Price Surge Amidst Market Volatility Although the Shiba Inu price has experienced volatility during this year, crypto analysts are projecting that the Shiba Inu price will touch $0.006 in the coming weeks. In the beginning of 2024, the Shiba Inu price was trading at approximately $0.000008. By December 30, 2024, the Shiba Inu price had risen to around $0.00002112, reflecting a substantial increase over the year. The above upward movement can be attributed to factors such as increased adoption, technological advancements, and broader market trends. However, SHIB’s price has shown both gains and corrections. As of the time of this writing, Shiba Inu is trading at a price of $0.00002112. Join The WallitIQ (WLTQ) Presale WallitIQ (WLTQ) is still in its presale stage, offering investors a gateway to generational wealth with its native token (WLTQ) selling for a low price of $0.0420 . With millions of tokens sold in just a few weeks, crypto experts are projecting that the presale might end in the next few weeks. As a smart investor looking to capitalize on the booming crypto-AI market, WallitIQ (WLTQ) presents a unique opportunity to get in early on a project that combines cutting-edge technology with robust financial potential. Join the WallitIQ (WLTQ) presale and community: Join WallitIQ (WLTQ) Presale Join the WallitIQ (WLTQ) Community
The beginning of 2025 has brought hope to the crypto world. Investors and market participants are preparing for the biggest period of growth and innovation yet. This excitement is fueled by changes in leadership and possibly a favorable regulatory framework on the horizon. This expected new shift in the U.S. has sparked fresh interest among crypto community members. Ripple CEO’s Vision for the Crypto In 2025 In a recent X post, Ripple CEO Brad Garlinghouse captured the moment, saying, “The journey is just beginning.” His post comes as the crypto industry celebrates major wins. Garlinghouse’s optimism reflects an industry eager for change, especially with the expected exit of the U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. Today, here in the US, we welcomed the 119th Congress—better known as the most pro-crypto Congress in history. The journey is just beginning, but you can’t deny the energy & excitement already building across the industry. Let’s get to work. — Brad Garlinghouse (@bgarlinghouse) January 3, 2025 Also, the arrival of expert leaders in Artificial Intelligence (AI) and crypto sectors is fueling the excitement. These shifts suggest a more favorable regulatory environment that could bring the clarity the crypto world seeks. Ripple’s ongoing legal battle with the SEC, which focused on whether its native token XRP is a security, has highlighted the need for clear digital asset regulations. Due to a tough regulatory framework, many crypto leaders have accused the agency of stifling innovations and growth. As the case continues, many hope the SEC’s new leadership will resolve the issue in a way that supports innovation. With Gensler’s departure, there is hope for a new approach at the SEC. A favorable outcome for Ripple could set a positive example for future regulation, helping businesses and investors. Ripple’s Chief Legal Officer recently outlined six key guidelines for the SEC , urging clearer regulation of digital assets. These recommendations are part of Ripple’s ongoing effort to address the regulatory uncertainties around crypto. For Ripple, a win would solidify its crypto space leadership and encourage wider XRP adoption. The Pro-Crypto Congress and Market Momentum The arrival of the 119th Congress has been celebrated across the crypto ecosystem. This legislative body, described as the most crypto-friendly in history, represents a pivotal shift. Lawmakers with a deeper understanding of blockchain technology and digital assets will likely support policies encouraging growth and innovation. The impact of this change is already showing in market trends. Bitcoin (BTC), the world’s leading crypto asset, has surged past $98,000, marking a strong start to the year. XRP has also seen a 15% increase since January 1. These price movements highlight the growing confidence in the market as investors expect new rules that could lead to more growth. A Call to Action for the Crypto Community Garlinghouse’s final words in his post, “Let’s get to work,” resonate as a call to action. The crypto industry is on the edge of a new era focused on teamwork, innovation, and opportunity. With a supportive Congress and clearer rules ahead, the stage is set for major progress. The post Ripple CEO Reveals 2025 Crypto Vision and What Lies Ahead appeared first on TheCoinrise.com .
The U.S. Department of Justice (DOJ) says it has nearly recovered all the losses suffered by tens of thousands of investors in the largest Ponzi scheme in history. In a press release, the DOJ says that throughout the course of a decade, it has disbursed more than $4.3 billion to 40,930 victims of a fraud scheme led by Bernard L. Madoff. Madoff is known for running a Ponzi scheme for about 17 years that defrauded investors from 127 countries out of approximately $65 billion. The perpetrator convinced people to invest in his firm, Bernard L. Madoff Investment Securities LLC, by promising decent returns while maintaining a trustworthy persona. The scheme collapsed at the height of the 2008 Global Financial Crisis (GFC) when investors panicked and withdrew their funds en masse only to find out that their money was being used to pay other investors. In June 2009, Madoff was sentenced to 150 years in prison for “running the largest fraudulent scheme in history.” He died in a prison hospital in April of 2021 at 82 years old. The DOJ says it recovered about $2.6 billion through several civil forfeiture actions against Madoff, his brother Peter B. Madoff, his co-conspirators and his clients who benefitted from the scheme including investors Carl Shapiro and Jeffry Picower. The agency also collected $1.7 billion after banking titan JPMorgan Chase settled accusations that the firm failed “to carry out its legal obligations” while serving as Madoff’s primary bank. Says Acting U.S. Attorney Edward Y. Kim for the Southern District of New York, “This office has never stopped at pursuing justice for victims of history’s largest Ponzi scheme… We have succeeded in compensating 40,930 victims with close to 94% of their losses. As this extraordinary effort demonstrates, this office and MLARS (Money Laundering and Asset Recovery Section) are committed to protecting and assisting victims of crime, no matter how long it takes and no matter how complicated the endeavor.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post U.S. Justice Department Hands $4,300,000,000 To 40,930 Victims of ‘History’s Largest Ponzi Scheme’ appeared first on The Daily Hodl .
Imagine investing in the next revolutionary tech—a "new ChatGPT" of the gaming world. That’s exactly what Altura ($ALU) represents. Just as ChatGPT transformed how we interact with AI in daily life, Altura is set to redefine gaming by harnessing the power of artificial intelligence and blockchain. With its cutting-edge tech and potential to change the gaming landscape, $ALU could be on the brink of a meteoric rise to $1. Here’s why Altura is attracting so much attention and why it could be your next big opportunity. What is Altura ($ALU)? Altura is like a "ChatGPT for gaming" because it brings smart, adaptive technology to the forefront. It’s a blockchain-based platform that enables game developers to create, distribute, and trade smart NFTs (non-fungible tokens). Unlike regular NFTs, smart NFTs can evolve based on game progress or specific conditions, making them ideal for video games. Imagine a virtual sword that becomes more powerful as your character levels up—that’s the kind of innovation Altura is bringing to gaming.The $ALU token powers this ecosystem, facilitating transactions, governance, and staking. Altura’s mission is to seamlessly blend blockchain technology with gaming, offering developers and players tools that revolutionize their experience. Why Altura is Bullish There are several compelling reasons why Altura has massive growth potential: 1. AI Integration Altura leverages artificial intelligence to create smarter, more dynamic in-game assets. This integration allows for more immersive and engaging gameplay. As AI continues to advance and become more integral to gaming, Altura’s capabilities will likely drive significant demand for the $ALU token. 2. Low Market Cap Currently, Altura has a relatively small market cap compared to other blockchain and gaming projects. This gives it substantial room for growth. Low-cap projects often experience higher returns when they gain traction, making Altura a high-potential investment. 3. Not Listed on Major Exchanges Yet Altura’s potential is further amplified by the fact that it’s not yet listed on major exchanges like Binance, Coinbase, or Kraken. These platforms boast a combined user base of over 300 million. Once $ALU gets listed, the increased visibility and trading accessibility could result in a significant price surge. Price Predictions for Altura Here are the key price targets for Altura based on market performance and project growth: - Base Target: With a market cap of $1.5 billion, Altura could reach approximately $1.52 per ALU. This is the lowest expected target and could be achieved even in a challenging market environment, thanks to Altura’s strong foundation and ongoing innovation. - Bullish Target: A $3 billion market cap would push $ALU to around $3.03 per token. This target is realistic given the growing excitement around AI, gaming, and blockchain, as well as favorable market conditions. Altura’s position in these thriving sectors makes it well-suited to achieve this milestone, especially during an altcoin rally. - Ultimate Ambition Target: During a cryptocurrency super cycle, Altura could hit a market cap of $5 billion to $10 billion, translating to $5.05 to $10.10 per $ALU. This would likely coincide with a broader market boom, where Bitcoin exceeds $240,000 and Ethereum surpasses $15,000. Altura’s innovative role in the AI and gaming sectors could drive unprecedented growth in such conditions. Final Thoughts Altura’s combination of AI-powered smart NFTs, a low market cap, and the potential for major exchange listings positions it as a promising project. While all investments carry risks, $ALU has the hallmarks of a game-changing opportunity in the gaming and blockchain space. If you’re looking for a high-potential project, Altura could be your next big move in crypto. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry inherent risks; always conduct your own research before making investment decisions.
The crypto market—what a ride, eh? It’s got the highs, the lows, and everything in between. But if there’s one thing we’ve learned over the years, it’s this: the best opportunities often come during chaotic times. Remember the 1973 economic collapse? The markets were in tatters, but the smart folks who bought the dips back then? They set themselves up for life. Fast forward to today, meme coins are rewriting the playbook. Among the top contenders, BTFD Coin is leading the charge with its killer presale performance, a thriving community, and real utility. Let’s dive into why BTFD Coin, Neiro, and Apu Apustaja are the best meme coins to invest in this weekend. Meme coins have exploded in popularity, starting with Dogecoin and branching into innovative projects that combine fun, utility, and massive ROI potential. But BTFD Coin is set to outshine them all. With its P2E game, referral program, BIG50 bonus, staking rewards and a community-powered roadmap, it’s got everything to redefine what meme coins can achieve. Let’s compare it to Neiro and Apu Apustaja to see why it’s stealing the spotlight. BTFD Coin: A Meme Coin That Means Business Let’s kick things off with BTFD Coin. It’s not just another meme coin riding the wave—it’s creating its own tidal surge. The presale has been nothing short of epic, raking in over $4.9 million within its first month. Starting at a humble $0.000004 per coin, it’s now in Stage 13 at $0.000142. That’s a jaw-dropping ROI for early investors. And when the presale wraps up, BTFD will hit the market at $0.0006. Think about it—investors who got in early are looking at insane gains. Here’s how it works: you can snag BTFD Coins at a 50% bonus using the BIG50 bonus code. It’s easy as pie. Head to the presale page, connect your wallet, apply the BIG50 code, and you’re golden. But it’s not just the numbers. BTFD Coin is building a decentralised ecosystem with staking rewards , a play-to-earn game that’s got gamers hyped, and a referral program to sweeten the pot. And let’s not forget the community power. With over 7,600 holders and counting, it’s clear this project isn’t going anywhere but up. If you’re looking for the best meme coins to invest in this weekend , this is it. Neiro: The AI-Driven Meme Coin Next up, we’ve got Neiro. While BTFD Coin rides on community and utility, Neiro brings artificial intelligence to the meme coin space. It’s positioning itself as a tech-heavy contender, claiming to use AI algorithms to predict market trends and optimise investment strategies for its holders. Sounds fancy, right? But does it hold water? Neiro’s presale numbers are decent, but they pale in comparison to BTFD Coin’s meteoric rise. The project’s AI angle is intriguing, but it’s also untested. How much of it is buzz versus real tech? That’s the million-dollar question. Investors are cautious, and rightly so. AI-driven tools are only as good as the data they’re fed. If the algorithms can’t handle the volatile nature of meme coins, it could be a recipe for disaster. Still, Neiro has its fans. The project’s presale has seen a steady influx of investors, and its focus on tech sets it apart in the meme coin world. But it lacks the same grassroots enthusiasm that’s propelling BTFD Coin. Without a strong community, it risks becoming just another tech-heavy project that fails to connect with the average investor. For Gen Z and Millennials in Australasia, who crave relatability and engagement, Neiro might feel a bit too corporate. If you’re looking for innovation, Neiro could be worth a punt. But if you want the full package—utility, community, and ROI—BTFD Coin is still the better bet. After all, AI can’t buy loyalty, and in the world of meme coins, loyalty is everything. Apu Apustaja: The Meme That Keeps on Giving Last but not least, let’s talk about Apu Apustaja. This meme coin takes its name from the infamous internet frog meme, blending nostalgia with humour to create a unique brand identity. If you’ve been around the internet for a while, you’ve probably encountered Apu’s sad-but-endearing face. But does nostalgia translate into a viable investment? Apu Apustaja relies heavily on its meme appeal. The project is big on community-driven initiatives, and its Discord and Reddit groups are buzzing. However, it lacks the utility that BTFD Coin brings to the table. There’s no play-to-earn game, no staking rewards, and no referral program. It’s fun, sure, but is it functional? That’s where it falls short. Financially, Apu Apustaja’s presale is moving along, but it’s not breaking records. Investors are drawn to the meme, but the project’s roadmap is vague, and there’s little to suggest it has the staying power of BTFD Coin. When the hype dies down, what’s left? Not much. That said, Apu Apustaja is undeniably entertaining. If you’re looking for a laugh and a small punt, it could be worth a look. But for serious investors aiming to maximise their returns, BTFD Coin remains the king of the hill. It’s got the numbers, the utility, and the community to back it up. And let’s be real—in crypto, those are the only metrics that matter. How to Join the BTFD Coin Presale Ready to get in on the action? Here’s how you can join the BTFD Coin presale and secure your bonused price: Go to the presale page at BTFD.io . Connect your wallet (MetaMask, Trust Wallet, or similar). Enter the bonus code BIG50 in the designated field and click “Apply.” Input the amount of $BTFD you want to purchase and review the price. Click “Buy Now” and confirm the transaction in your wallet. It’s as simple as that. With the BIG50 bonus code, you’re not just buying coins—you’re buying into a community-driven revolution. Conclusion: Join the BTFD Coin Presale Now Based on our research and market trends, BTFD Coin stands out as the ultimate choice for investors this weekend. While Neiro offers innovation and Apu Apustaja brings meme nostalgia, neither can match the utility, community power, and ROI potential of BTFD Coin . With over $4.9 million raised and 62 billion coins sold, it’s clear that this project has captured the imagination of the crypto world. Don’t miss your chance to be part of this game-changing presale. Visit presale website today , use the BIG50 bonus code, and secure your 50% bonus coins. This weekend, the best meme coins to invest in are calling your name. Are you ready to answer? Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin The post Best Meme Coins to Invest in This Weekend: Spotlight on BTFD Coin, Neiro, and Apu Apustaja appeared first on TheCoinrise.com .
A recent Polymarket poll shows 40% believe President-elect Trump might create a U.S. Bitcoin reserve, stirring debates on its role in national finances. With nearly 200,000 Bitcoins already held by the government, this move could boost the U.S.’s position in the global crypto market. The concept of a Bitcoin reserve in the United States has pulled the discussion out of the cryptocurrency community and into wider circles, mainly fueled by the latest news and speculation. Polymarket Poll of U.S. Bitcoin Reserve A recent Polymarket poll discovered that 40% of respondents believed President-elect Donald Trump is going to create a national Bitcoin reserve-that alone may be the impetus for a change in the United States toward digital assets. Polymarket is a decentralized prediction market. There, users can make guesses about real-world events by buying and selling shares. Current odds on the platform indicate that many people think the Trump administration might back Bitcoin as a strategic reserve asset. This guess is consistent with what Trump said about Bitcoin before and also has support in a positive attitude towards crypto within his administration. Proponents claim that the U.S. can gain a stronger position in the global cryptocurrency market and increase its financial plans by holding onto Bitcoin as a reserve asset. U.S. Bitcoin Reserve Under Trump Right now, the U.S. government has nearly 200,000 Bitcoins, worth billions, taken from various legal cases. Industry experts, like Alistair Milne from Altana Digital Currency Fund, suggest that even if Trump does not add more Bitcoin, he could create a “de facto” reserve just by not selling these assets. If the government keeps these Bitcoins, it will influence how much Bitcoin is available and help make its price more stable. Senator Cynthia Lummis recently proposed a bill that enables the government to purchase one million Bitcoins within five years. According to her, the reserve may help in paying off the country’s $36 trillion debt and making the U.S. dollar stronger. The idea of a national Bitcoin reserve brings along very massive challenges. Jerome Powell, the head of the Federal Reserve, had rejected this proposal and said the current law prohibits the Federal Reserve from owning Bitcoins. Such decisions should be taken by Congress, which would not agree with it because of the risks involved in price fluctuations and security with Bitcoins. For all the risks taken on by taxpayers, critics say there are far too many of them to entrust Bitcoin as a reserve asset. Sure, Bitcoin has spiked in value this year, but its recent history of big price changes leaves much to be desired when it comes to how dependable it may be as a long-term reserve. To top it all off, hackers will certainly break into government-issued crypto wallets. This concept of a bitcoin reserve is not something coming from America only. Bhutan and El Salvador have already placed Bitcoin in their national financial plans but on a much smaller scale. Precisely for this reason, since the U.S. holds a lot of Bitcoin and is economically very powerful, it can set a trend which other countries may adopt later on. There are many cryptocurrency supporters in Trump’s administration, which may help to create a Bitcoin reserve. This will be a huge step for Bitcoin if the plan goes through to become more of a financial tool. According to the Polymarket poll, more people are interested in knowing how digital assets influence national money policies. It is still unclear whether the U.S. accepts a Bitcoin reserve, but the discussions point out that if kept and grown by the U.S., Bitcoin is becoming very important. If Trump keeps and grows the U.S.’ Bitcoin reserves, then the cryptocurrency could be facing drastic change in status and purpose globally. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Edith Yeung highlights Hong Kong's progress in cryptocurrency regulations. She emphasizes the importance of liquidity alongside licensing for market success. Continue Reading: Edith Yeung Explores Hong Kong’s Thriving Crypto Landscape The post Edith Yeung Explores Hong Kong’s Thriving Crypto Landscape appeared first on COINTURK NEWS .