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🛠 Everstake: Pioneering Staking and Governance in Blockchain Ecosystems

🌱 The staking ecosystem is rapidly evolving, driven by increasing institutional interest and potential regulatory oversight. Everstake, a prominent blockchain validator, secures over 80 cryptocurrencies and supports leading networks. In an exclusive interview, Sergey Vasylchuk, CEO of Everstake, shared insights on the platform's origins, staking challenges, regulatory developments, and the importance of governance in blockchain ecosystems.

🔍 Everstake's journey began as an experimental project during Vasylchuk's work on a cryptocurrency exchange. Frustrated by the limitations of early proof-of-work networks, he explored proof-of-stake (PoS) solutions.
When I first saw EOS, it was mind-blowing—transactions in under two seconds. That’s when I realized we were getting closer to the speed financial systems require

Vasylchuk explained. This realization led his team to optimize blockchain performance, eventually establishing Everstake as a validator for multiple blockchains.

🔗 Beyond staking, Everstake serves as a crucial infrastructure layer for blockchains, bridges, and decentralized applications.
We’re not just validators. We support blockchain ecosystems, ensure security, and help new networks scale

Vasylchuk emphasized.

⚠️ As staking becomes mainstream, validators face increasing operational and security challenges. Everstake maintains an uptime of nearly 99.9%, showcasing its commitment to reliability.
The biggest challenge isn’t running existing blockchains, it’s onboarding new testnets

Vasylchuk noted. To bolster institutional confidence, Everstake recently secured SOC 2 Type 1 certification, a widely recognized security standard.

📈 Ethereum has experienced a steady 4% increase in staked ETH over the past year, indicating long-term confidence in PoS networks. Vasylchuk anticipates continued growth, comparing it to Solana, where over 65% of tokens are staked. He cautioned,
Staking isn’t just about earning rewards, it’s about governance. When you stake, you’re delegating your voting power

highlighting the importance of responsible validator selection.

🗳 As a major validator, Everstake plays a key role in governance decisions. However, Vasylchuk downplayed concerns about large validators posing a centralization risk.
Despite being one of the biggest, our stake in Solana is only 1.4%, in Sui, it’s 1.3%. That’s far from centralization

he clarified. He pointed out that centralized exchanges pose a greater threat to blockchain governance by controlling staked funds without allowing user participation.

⚖️ With increasing government focus on cryptocurrency regulation, staking is under greater scrutiny. Vasylchuk noted that regulators often misinterpret staking as a purely financial instrument rather than a governance mechanism.
When we explain staking as a voting process, regulators get confused

he said. However, he remains optimistic that clearer regulations could pave the way for institutions to fully embrace staking.

🔮 Looking ahead to 2025, Vasylchuk predicts a strong year for staking driven by a bullish market, institutional entry, and greater regulatory clarity. He believes that the full potential of staking will be realized once traditional financial institutions can access it through regulated investment vehicles.
A staking ETF would be a game-changer. It’s not a matter of if, it’s when

he concluded.

🌉 As Everstake continues to expand its role in blockchain governance and security, Vasylchuk is committed to bridging the gap between crypto and traditional finance. His dual mission of optimizing blockchain infrastructure while educating regulators positions Everstake as a pivotal player in the future of decentralized finance.
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🔮 Market Veteran Predicts XRP Price If Ripple Completes Cup and Handle Pattern 📊

Explore why one veteran crypto analyst believes that the popular XRP price will soar to $3.35 after forming a cup and handle pattern.

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💼 Binance's Future: Investment Opportunities Amid Regulatory Challenges

🔍 Investor interest in Binance remains strong, despite ongoing regulatory challenges. Former CEO Changpeng Zhao (CZ) recently addressed rumors about a potential sale of the cryptocurrency exchange, labeling them as "FUD" (fear, uncertainty, and doubt) spread by a perceived competitor. He stated,
Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale.


🛑 Zhao clarified that Binance is not for sale and emphasized,
As a shareholder, Binance is not for sale.

However, he acknowledged consistent investor interest in the company. While he rejected the idea of a complete acquisition, he left the door open for limited investments, stating,
Top investors have always been interested in Binance. Over time, we may allow some investments in the single-digit percentage range.


🌍 This suggests that while partial external investment may be possible, a full sale is off the table. Zhao's comments come amid ongoing regulatory challenges and market speculation about Binance's future. He stepped down as CEO in 2023 as part of a settlement with U.S. authorities but remains a significant shareholder.

📈 Meanwhile, Binance has been expanding its global presence, securing regulatory approvals in 21 countries and growing its user base from 170 million to over 250 million. Despite this growth, the company has yet to establish a global headquarters due to tax and staffing complexities. It continues to face regulatory challenges, including a joint motion with the U.S. SEC to pause legal proceedings for 60 days to allow for potential regulatory clarity under the new U.S. administration.

🎯 Looking ahead, Binance aims to reach 1 billion users while prioritizing compliance, regulatory transparency, and collaboration with law enforcement.
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🚨 Memecoins and New Investors: A Cautionary Tale

📉 A recent survey conducted by Chainplay and Storible revealed that politically-themed memecoins such as TRUMP, LIBRA, and CAR attracted many first-time crypto investors but also resulted in significant losses and disillusionment. Nearly 80% of the 1,066 crypto investors surveyed purchased these president-endorsed memecoins, with about 37% being first-time buyers drawn by their political relevance and viral marketing. However, approximately 21% of these investors quit crypto altogether after their experience with these coins.

This suggests that, rather than fostering long-term engagement in the market, these memecoins have led to significant disillusionment.


📉 Despite the initial hype, the value of these memecoins has plummeted, resulting in steep losses for holders. The findings indicate that two-thirds of president-endorsed memecoin investors are losing money. As of February 19, nearly 560,000 (52.3%) TRUMP investors were at a loss, with almost 545,000 losing up to $10,000. Additionally, 287 TRUMP investors lost over $1 million, totaling an overall loss of $3.6 billion for these investors. Three-quarters of LIBRA investors were also at a loss, with over 101,000 losing up to $10,000. Interestingly, while 26 LIBRA investors lost over $1 million, about 36 made over $1 million.

📉 The study also showed that 66% of CAR investors were at a loss, while 0.07% made over $100,000. The report concluded that while memecoins tied to political figures can attract mass participation, they also expose investors to the speculative nature of the market. The high-risk nature of these investments has pushed a significant portion of first-time buyers away from crypto entirely.

This is an alarming trend, as widespread negative experiences could slow down broader adoption and trust in digital assets.
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🇺🇸 Trump's Tariff Threats and BRICS Nations

🗣 Donald Trump recently claimed that his threat of a 150% tariff caused a rift among BRICS nations regarding their plans to move away from the U.S. dollar. During a Republican Governors Association meeting, he stated that BRICS—which includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, the United Arab Emirates, and Indonesia—was attempting to weaken the dollar by creating a new currency, possibly adopting the Chinese yuan. He remarked,
They wanted to create a new currency.


💬 To deter BRICS from pursuing an alternative currency, Trump claimed he warned them upon taking office that any efforts to undermine the dollar would result in a 150% tariff and a trade halt. He said,
Any BRICS state that even mentions the destruction of the dollar will be charged a 150% tariff, and we don’t want your goods, we don’t want to partake. And the BRICS states just broke up.

He added,
We haven’t heard from the BRICS states lately.


📉 Initially, Trump had threatened a 100% tariff on imports from BRICS nations if they tried to establish a new currency or shift away from the dollar. He claimed that when the issue of a BRICS currency was raised, former President Joe Biden viewed it as a challenging situation with little that could be done. In contrast, Trump asserted that his administration had a robust response plan to protect the dollar's status as the global reserve currency.

🤔 BRICS nations have not issued a collective response to Trump's tariff threats. However, they continue to explore local currency trade mechanisms. Russian President Vladimir Putin has emphasized the importance of expanding settlements in national currencies while stating that BRICS has no immediate plans to abandon the U.S. dollar. This approach indicates a focus on financial diversification rather than a direct challenge to the dollar's global role. Nevertheless, some BRICS members, including Iran, support the idea of a unified currency for national interests.
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🐋 XRP Whales Dump 81M Coins; Ripple (XRP) Price To Lose $2 Support? 🔻

XRP whales have dumped more than 81 million to crypto exchanges with a top expert predicting Ripple (XRP) price to drop below the $2 mark. What lies ahead?

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💰 MEXC's $20 Million Investment in USDe to Enhance Stablecoin Adoption

🌟 MEXC, a global cryptocurrency exchange, has made a significant move by investing $20 million in USDe, a synthetic dollar developed by Ethena Labs. This investment is part of MEXC's broader strategy to promote stablecoin adoption and expand decentralized finance (DeFi) innovation. In addition to this, MEXC Ventures has also invested $16 million directly in Ethena, highlighting its commitment to building decentralized financial infrastructure.

💡 USDe is designed as a DeFi-native alternative to traditional centralized stablecoins. It aims to offer liquidity, stability, and protection against conventional financial risks. Ethena has created a comprehensive ecosystem around USDe, which includes Ethereal, a spot trading platform, and Derive, an on-chain options protocol, thereby enhancing its functionality within the DeFi sector.

🎉 To further encourage the use of USDe, MEXC is launching a $1 million rewards campaign. This campaign will feature zero-fee trading, high-APR staking events, and other incentives for users who engage with USDe on the MEXC platform. The goal of these initiatives is to attract more traders and investors while decreasing dependence on centralized stablecoin providers.

Stablecoins play a pivotal role in the development of the broader cryptocurrency market. We recognize Ethena and USDe as key players in this evolving landscape, and we are excited to contribute to their success by providing users with more stable and efficient financial solutions

said Tracy Jin, COO of MEXC.

🔗 With this investment, MEXC continues to support crypto-native projects and drive accessibility to DeFi and stablecoin innovation. Looking ahead, the exchange plans to offer more opportunities for users to hold and earn rewards with USDe, further integrating it into both centralized and decentralized financial systems.
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🛑 SEC Commissioner Critiques Meme Coin Guidance as a Risky Loophole

🚨 SEC Commissioner Caroline A. Crenshaw has expressed serious concerns about new guidance from the Division of Corporation Finance regarding meme coins. She argues that this guidance misrepresents the agency's jurisdiction and suggests that meme coins may fall outside SEC oversight. In her statement on February 27, Crenshaw criticized the lack of a clear legal definition for meme coins, stating:
The guidance offers no clear definition from law or even a basic dictionary.


💰 Among the popular meme coins are the TRUMP and MELANIA tokens, launched by former President Donald Trump and First Lady Melania Trump. The TRUMP token debuted in January with a market capitalization of approximately $15 billion, followed by the introduction of the MELANIA token.

⚖️ Crenshaw, who has consistently advocated for stricter regulation of cryptocurrencies, emphasized that many crypto assets function as securities under the Howey test and should be subject to SEC oversight. She rejected the SEC's guidance that suggested meme coins might not be securities, stating that promoters often profit at the expense of retail investors.

🔍 Additionally, Crenshaw challenged the guidance's claim that meme coin prices are determined solely by market sentiment. She pointed out that issuers often manipulate supply, use buybacks, and make promises about future developments to attract buyers.
Fraudulent schemes such as pump-and-dump tactics and rug pulls further demonstrate that meme coins are not necessarily distinct from other crypto assets,

she noted.

📊 The commissioner also questioned the thoroughness of the SEC's analysis, stating:
Among the hundreds of self-proclaimed meme coins in the market, there is no doubt a continuum of offers and sales, some of which may be offers and sales of securities and some of which may not.

She wondered how many such coins were examined to draft the generalized denoscriptions set out in the guidance.
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Cryptocurrencies Price Prediction: Other Cryptos That May Make Trump’s Crypto Strategic Reserve List 📊

Cryptocurrencies price surge as Trump names BTC, ETH, XRP, SOL, and ADA for a strategic reserve. Other cryptos may also join. Let's uncover

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🪙 Building a Strategic Bitcoin Reserve: Five Key Methods for the U.S. Government

💼 The U.S. government could swiftly establish a strategic bitcoin reserve under the Trump administration by employing five key strategies: seizing assets, accepting tax payments, direct purchases, selling federal assets for BTC, and borrowing bitcoin through loans or bonds.

🔒 Seizures and tax collection are already in play, with the Department of Justice (DOJ) holding 198,109 BTC from criminal investigations. This method avoids market volatility by utilizing bitcoin confiscated from illegal activities. Additionally, accepting bitcoin for federal taxes could encourage corporations and wealthy individuals to liquidate their crypto holdings in a tax-efficient manner.

🛒 Direct market purchases could be made by the Treasury or Federal Reserve through public exchanges or private over-the-counter (OTC) deals. Major exchanges like Coinbase and Kraken facilitate large trades, while OTC desks allow for discreet bulk purchases to prevent price spikes.

💰 The government could also sell federal assets for BTC. With $1.6 trillion in real estate and $400 billion in gold reserves, auctioning these assets exclusively for bitcoin would attract crypto-savvy buyers. For example, gold-for-BTC swaps could appeal to investors optimistic about bitcoin's long-term value.

📈 Bitcoin-backed borrowing is another option. The Treasury could borrow bitcoin from institutional holders by offering low-interest loans repayable in USD or BTC. Issuing bitcoin-denominated bonds would allow investors to deposit BTC in exchange for interest-bearing securities.

🔗 Combining these methods creates synergies: seizures and taxes provide steady inflows, while purchases, asset sales, and borrowing enable bulk acquisitions. For instance, seized BTC could be used as collateral for loans, with borrowed funds reinvested into market purchases.

🌍 The path to a bitcoin reserve for the U.S. government relies on leveraging its legal authority, financial infrastructure, and asset portfolio. While seizures and tax policies lay the groundwork, direct purchases, asset sales, and borrowing offer rapid pathways to accumulation. As bitcoin's role in global finance solidifies, these strategies could position the U.S. as a competitive holder of the world's largest cryptocurrency.
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🛑 U.S. Senators Push to End Politically Motivated Debanking with FIRM Act

🚨 U.S. senators are advocating for the cessation of politically motivated debanking, asserting that regulators have misused their authority. The Financial Integrity and Regulation Management (FIRM) Act aims to ensure equitable financial access.

📅 On March 6, the U.S. Senate Committee on Banking, Housing, and Urban Affairs announced that Chairman Tim Scott (R-S.C.) is spearheading an initiative to eliminate the use of reputational risk in banking regulations through the FIRM Act. This legislation, which has the backing of all Republican committee members, seeks to prevent federal banking agencies from considering reputational risk as a supervisory factor when assessing financial institutions.

🗣 Scott stressed the urgency of addressing debanking, stating:
As Chairman of the Senate Banking Committee, I have made addressing debanking a top priority. This discriminatory and un-American practice should concern everyone … It’s clear that federal regulators have abused reputational risk by carrying out a political agenda against federally legal businesses.

He further added,
This legislation, which eliminates all references to reputational risk in regulatory supervision, is the first step in ending debanking once and for all.


🔍 Scott has prioritized debanking in his leadership, conducting hearings to investigate instances where regulators pressured financial institutions to cut ties with certain clients. In a recent Senate Banking Committee hearing, he confronted Federal Reserve Chair Jerome Powell on this issue, prompting Powell to commit to collaborating with the committee to address it.

📜 The FIRM Act mandates the removal of reputational risk from regulatory supervision, prohibits federal agencies from implementing related policies, and requires agencies to report to Congress on compliance. Scott and his Republican colleagues argue that the bill is essential to prevent financial regulators from using their authority to enforce political agendas under the guise of regulatory oversight.

🚫 Several senators condemned what they perceive as an abuse of regulatory power, particularly targeting industries or individuals based on political considerations. Senator Cynthia Lummis (R-Wyo.) criticized financial regulators, stating:
Federal banking agencies have brazenly abused their power, strangling legitimate businesses through politically motivated ‘reputational risk’ designations while hiding behind a façade of independence.

She added,
Americans deserve a transparent regulatory framework that fosters innovation in digital assets instead of smothering it with government overreach.


⚖️ Other senators, including Bill Hagerty (R-Tenn.) and Katie Britt (R-Ala.), argued that the legislation would restore fairness by ensuring regulators base decisions on objective financial risks rather than political preferences. Senator Tillis emphasized that the FIRM Act would
stop this political weaponization and ensure regulators focus on real financial risks, not personal or political agendas.
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Crypto Market Crash: Here’s Why BTC, ETH, XRP & Others Face $685M Liquidation

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💰 Fold Holdings Expands Bitcoin Treasury to Over 1,485 BTC

🚀 Fold Holdings, a bitcoin-native financial services firm, has recently increased its bitcoin treasury by adding 475 BTC, bringing its total holdings to 1,485 BTC, valued at nearly $130 million. This significant 50% increase was achieved through the issuance of a convertible note with a conversion price of $12.50 per share, which is more than double the company's closing share price on March 5.

🔝 This strategic move positions Fold among the top 10 U.S. public companies with the largest bitcoin reserves, alongside industry giants like Microstrategy and Tesla.
We believe bitcoin will play a key role in the foundation of a new financial era, and Fold will help lead the way,

said Will Reeves, Fold's CEO. He emphasized that maintaining a significant bitcoin treasury not only drives value for shareholders but also strengthens the company's ability to support the next generation of financial services built on bitcoin.

📈 Since its Nasdaq debut in February under the ticker FLD, Fold has also distributed over $20 million worth of BTC to users through various services, including its debit card and insured accounts. As global interest in bitcoin as a strategic reserve asset continues to grow, Fold is positioning itself at the forefront of bitcoin-centric finance. Its expanding treasury reflects a strong belief in bitcoin's potential as a foundational element for future financial infrastructure.
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📝 Turkey's New Cryptocurrency Regulations: CMB Takes Charge

🇹🇷 Turkey has implemented new cryptocurrency regulations that grant the Capital Markets Board (CMB) complete oversight of crypto platforms. These regulations outline the obligations that crypto asset service providers (CASPs) must fulfill before starting operations, including the requirement to insure users' crypto assets.

📜 The announcement of a Communique on digital asset regulations follows a statement by Turkish Finance Minister Mehmet Simsek over a year ago, indicating that the CMB would oversee crypto firms. This move was part of Turkey's efforts to remove itself from the Financial Action Task Force (FATF) gray list, which highlighted the need for a regulatory framework for cryptocurrencies.

🚫 Previously, Turkey's lack of crypto regulations hindered its ability to monitor digital asset flows, leading to exploitation by criminals for money laundering and funding illicit activities. The absence of laws contributed to a rise in crypto scams within the country.

🔍 Under the new legal framework, founders aiming to operate as CASPs must meet specific criteria, including financial integrity and a clean legal record. Failure to comply may result in the CMB denying an operating permit. Additionally, CASPs are required to meet capital requirements, which must be paid in cash.

The establishment capital must not be less than the amount to be determined by the Board, provided that it is not less than the minimum capital amount foreseen in accordance with the Board’s regulations regarding the capital adequacy of crypto asset service providers, its entire capital must be paid in cash and its equity capital must not be less than this amount

the Communiqué states.

⚖️ The new regulations empower the CMB to impose penalties for violations or misconduct by CASP operators. Penalties can range from revoking operating permits to disqualifying individuals from holding positions within a CASP.
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📉 Peter Schiff Warns of Bitcoin Collapse Amid Nasdaq Downturn

⚠️ Economist Peter Schiff has issued a dire warning about the future of bitcoin, suggesting that a prolonged downturn in the Nasdaq could lead to a significant decline in the cryptocurrency's price. In a recent post on social media, Schiff pointed out that the Nasdaq is currently down 12% and stated,
If this correction turns out to be a bear market, and the correlation where a 12% decline in the NASDAQ equates to a 24% decline in bitcoin holds, when the NASDAQ is down 20%, bitcoin will be about $65K.


📉 However, he cautioned that bear markets often result in much larger declines. He referenced past market downturns such as the Dot-com bubble and the 2008 financial crisis, stating,
If the NASDAQ goes into a bear market, history shows that the decline will be much larger.

Schiff projected that if the Nasdaq experiences a substantial decline, bitcoin could face an even steeper collapse. He warned,
If this bear market bottoms with just a 40% decline, that would put bitcoin at about $20K. However, my bet would be that a drop of that magnitude would accelerate bitcoin’s collapse to much lower levels.


📈 Schiff has long advocated for gold as a superior hedge against economic uncertainty, arguing that bitcoin lacks the same historical resilience. He predicted that a divergence between gold and bitcoin could further damage bitcoin's credibility.
Given that such a divergence will likely end the pretense that bitcoin is a store of value similar to gold, there will clearly be no justification for the U.S. government or any state government to keep any bitcoin in a strategic reserve,

he claimed.

💔 Despite Schiff's pessimistic outlook, many in the industry remain optimistic about bitcoin's future. Tim Draper maintains his $250,000 forecast for 2025, while Tom Lee expects bitcoin to be the year's top-performing asset. Standard Chartered projects a $500,000 valuation, and Michael Saylor envisions $13 million by 2045. Recent developments such as the White House Crypto Summit and President Trump's pledge for a strategic bitcoin reserve signal a shift towards favorable regulation for the cryptocurrency.
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🔥 How High Can XRP Price Go as Ripple Trademarks “Downloadable Software” 🚀

Discover how high XRP price can go after Ripple filed a trademark for downloadable software to custody crypto assets.

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🚨 Breaking: US SEC Officially Drops Ripple Lawsuit ⚖️

After five years of a long-running legal battle, the US Securities and Exchange Commission has dropped the Ripple Lawsuit.

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