Michael Saylor's 'Strategy' now has $30,000,000,000 unrealized profit on its Bitcoin investment.
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Binance Founder CZ says "you might be excited by the current Bitcoin ATH. In a few years, this will be just a fraction."
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El Salvador's Strategic Bitcoin Reserve holdings reach new USD all-time high of $760,075,734.
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Jim Cramer says JPMorgan CEO Jamie Dimon will "go all in on crypto" after calling it a fraud and a ponzi scheme last year.
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US House Committee on Financial Services says "the era of digital assets is no longer just a promise, it's a national priority."
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$1.5 trillion Deutsche Bank says Bitcoin is entering a less volatile and more sustainable stage.
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@bitcbot
ETH has surpassed BTC in global perps volume, leading the market with $90.82B, while BTC follows with $82.93B.
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Bill introduced in Congress requiring lenders to consider crypto holdings when applying for mortgage.
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Trump is strongly advocating for cryptocurrency, which could change the world.
Right now, something historic is happening: the U.S. president is pushing two bills that could bury the old banking system. The two bills, GENIUS and CLARITY grant cryptocurrency official status for the first time.
CLARITY:
- Classifies cryptocurrency as commodities, not securities—this is a lifeline for the entire industry.
- Securities are stocks controlled by the Securities and Exchange Commission (SEC).
- Commodities include gold, oil, and wheat; now Bitcoin and Ethereum are included.
- This means no more legal disputes with the SEC, like in 2020 with Durov's token (GRAM).
- For the first time, the U.S. acknowledges: "Cryptocurrency is legal and not controlled by the state."
GENIUS:
- Legalizes digital dollars—stablecoins.
- Banks will be able to issue their own stablecoins, returning to private money without state involvement.
- Transfers will become instant and fee-free—SWIFT, VISA, and MasterCard will be a thing of the past.
- Traditional banks will become obsolete—and they are already aware of this.
- Bank of America has announced its readiness to issue its own stablecoin.
- The largest bank, J.P. Morgan, has already done this—but currently only in closed access.
- The U.S. is becoming the leading player in digital money, with clear rules and a global role.
Against this backdrop, Bitcoin is rapidly rising. If the bills are passed this week, cryptocurrency will become legal and accessible to hundreds of millions of people.
@bitcbot
Right now, something historic is happening: the U.S. president is pushing two bills that could bury the old banking system. The two bills, GENIUS and CLARITY grant cryptocurrency official status for the first time.
CLARITY:
- Classifies cryptocurrency as commodities, not securities—this is a lifeline for the entire industry.
- Securities are stocks controlled by the Securities and Exchange Commission (SEC).
- Commodities include gold, oil, and wheat; now Bitcoin and Ethereum are included.
- This means no more legal disputes with the SEC, like in 2020 with Durov's token (GRAM).
- For the first time, the U.S. acknowledges: "Cryptocurrency is legal and not controlled by the state."
GENIUS:
- Legalizes digital dollars—stablecoins.
- Banks will be able to issue their own stablecoins, returning to private money without state involvement.
- Transfers will become instant and fee-free—SWIFT, VISA, and MasterCard will be a thing of the past.
- Traditional banks will become obsolete—and they are already aware of this.
- Bank of America has announced its readiness to issue its own stablecoin.
- The largest bank, J.P. Morgan, has already done this—but currently only in closed access.
- The U.S. is becoming the leading player in digital money, with clear rules and a global role.
Against this backdrop, Bitcoin is rapidly rising. If the bills are passed this week, cryptocurrency will become legal and accessible to hundreds of millions of people.
@bitcbot