Trump signs the United States for coding reserves, says Michael Celor says we may buy a million BTC
- David Sachs announced that Trump has signed an executive order to create a strategic reserve for Bitcoin using the assets acquired through criminal and civil confiscation procedures without any cost of taxpayers.
- SYGNUM Bank’s research head is that this can pump up to $ 460 billion in Bitcoin, which may increase its price by 20 times due to the limited supply.
- Michael Celor has suggested plans for the United States to obtain a million Bitcoin over a period of four years based on the Senator Lomes Reserve Bill, and the recommendation of a “slow and fixed” approach with transparency.
- This initiative can create domino in the world as Japan is already closely monitoring American developments, while many US states, including Texas, are discussing its encryption reserves.
The White House AI and Crypto CZAR DAVID SACKS just announced Bitcoin strategic reserves and a national coding stock For the United States.
In a tweet, he said that Trump signed an executive order would build a reserve Bitcoin“I was lost as part of the procedures for confiscating criminal or civil assets,” adding that there will be no cost to the taxpayer.
They will not sell more BTC and they will also try to find “budget neutral” ways to buy BTC, as well as create encrypted asset stocks, again from criminal procedures.
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However, adding more bitcoin to this reserve is likely to require Congress’ approval to the Trump and SACKS proposal.
Bitcoin Reserve can pay BTC 20x price
But how much money can it flow to the market if this is more than this?
SYGNUM Bank Research, Katalin Tischhauser, He said Cointelegraph This is up to 460 billion US dollars ($ 726 billion) that can flow to Bitcoin, which enhances the maximum market by 25 %.
Tischhauser believes that this can push the BTC price up to 20X, due to the limited bitcoin offer.
Because the liquid supply of bitcoin is very small […] More flows cause upward price shocks.
Katalin Tischhauser, Sygnum Bank
These expectations do not even consider possible measures by other countries and American states. Tischhauser added that this is also likely to lead to “another wave of institutions from institutional investors as well.”
Japan has already said that Watch closely What the United States is doing in this regard, which hints to a strong possibility because they will affect the effect of domino and cause FOMO on a wider scale.
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There too Several American countries Already discussing encryption reserves and bitcoin at the state level. Although some rejected the idea, at the present time, Texas goes forward Plans of its own.
Silor says: 1 million Bitcoin to enter the reserve
Microstratei, Michael Cylalor, also believes that there are plans by the United States to buy a million Bitcoin. to talk For Les Kalaman on Fox Business’ Claman countSilor said that the US government will buy BTC for four years to build its reserves.
He added that the plan was appointed through the Senator Sinatia Lomes’s reserve bill.
The Lummis Bill has put the idea of obtaining Bitcoin strategically over four years, just day after day, in order to reach the goal of bitcoin million.
Michael Sailor
Although it is unclear how this large amount of bitcoin will be paid, Silor added that “the most responsible thing is to be slow, stable and intentional to the transmission and clear transparency.”
Silor will attend The top of the White House encryption Donald Trump Friday, an event expected by the encryption community.
Related to: Donald Trump signs an executive thing that confirms the strategic bitcoin reserves
Unlike Silor, among the most prominent attendees Brad Garlinghyus Ribli, co -founder of Chainlink Sergey Nazarov, Cameron and Tyler Winklevoss, founders participating in Gemini, as A A Forbes menu He appears.
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