Brazil's House of Representatives Proposes National Bitcoin Reserve

Brazil's House of Representatives is exploring the establishment of a national Bitcoin reserve through Bill No. 4,501 of 2024.


Brazil's House of Representatives is exploring the establishment of a national Bitcoin reserve through Bill No. 4,501 of 2024.


A recent CryptoQuant report analyzes XRP trading volume, indicating a balance between buyers and sellers.


Analysts highlight significant price-based benchmarks indicating Bitcoin is in a long-term accumulation phase, with key indicators suggesting a favorable position for long-term investors.


Scott Bessent warns that the upcoming midterm elections could jeopardize the progress of the Clarity Act, especially if Democrats gain a majority in the House.


US Treasury Secretary Scott Bessent emphasizes the need for the Clarity Act to stabilize the volatile crypto market.


Speculations arise that the cryptocurrency market has entered a bearish phase following a significant drop in Bitcoin's price.

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