U.S. strategic bitcoin reserve plans are being discussed at high levels, highlighting serious intentions.
Senator Lummis Discusses Bitcoin Reserve Bill
Senator Cynthia Lummis has developed a bill related to the strategic Bitcoin reserve. She has scheduled a meeting with crypto industry leaders to discuss this initiative. These discussions are also on the agenda of the U.S. Department of Treasury and are gaining support.
The Right Moment for Bitcoin Investment?
Horsley also discussed Bitcoin's movement in recent weeks. The price of Bitcoin fell below $80,000 but rebounded to $85,000. He noted that Q1 is often a good time for Bitcoin investment, and institutional investors are increasingly involved in Bitcoin ETFs.
Regulation as a Key Factor
Regulation of the crypto industry is a key issue. Horsley noted a more positive regulatory stance and the dismissal of lawsuits against companies. Trump's crypto summit at the White House is set to strengthen the crypto industry's position in the U.S.
These steps indicate that the creation of a strategic U.S. Bitcoin reserve is becoming more real, likely marking a crucial step in Bitcoin's global evolution.
