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40 minutes ago•••
#Bitcoin is digital gold.
That is to say, it is gold that can be transferred over the internet.
5af07946...a8c4 replied 5 minutes ago
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10 minutes ago•••
#Bitcoin is the light in the financial darkness. The best idea of \u200b\u200bthe century is here.
15 minutes ago•••
Palindrome Block 886688 👉👈
15 minutes ago•••
Some flex with cash, others with cars. The real ones flex with #Bitcoin
30 minutes ago•••
🔊 On March 7, 2025, President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. Here are some important details about this event:
Key Details about the Strategic Bitcoin Reserve
- Created Reserve: The executive order establishes the creation of a Strategic Bitcoin Reserve, which will be funded by Bitcoin held by the government, seized through criminal or civil asset forfeiture procedures. This Bitcoin will not be sold, serving as a reserve of value similar to digital gold.
- Accounting and Value: The order also mandates comprehensive accounting of digital assets held by the federal government, estimating approximately 200,000 Bitcoins. A Digital Asset Stockpile will also be established to include other confiscated digital assets.
- Purpose: The goal of this initiative is to maximize the value of government holdings in digital assets and position the U.S. as a leader in the cryptocurrency space.
Impact on the Cryptocurrency Market
- Initial Rally: The announcement generated anticipation and a brief increase in cryptocurrency prices, with Bitcoin initially reaching over $94,000.
- Rapid Decline: However, this increase was temporary, followed by a decline in the price of Bitcoin to around $84,600, triggered by announcements of a 25% tax on imports from Canada and Mexico.
- Correlation with Risk Assets: The price of Bitcoin was influenced by the overall negative sentiment in the market, correlating with traditional tech stocks, which led to increased volatility.
- Market Trends: In the last month, the total market capitalization of crypto has declined by over 20%, from $3.6 trillion to $2.8 trillion, influenced by hacking incidents, trade tensions, and increased negative sentiment among investors.
For more details and sources, you can check the following links:
1. White House – Executive Order
2. Fox Business – Crypto Reserve
3. Economic Times – Executive Order
7f0e64b5...9e2e replied 18 minutes ago
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21 minutes ago•••
Mass adoption is coming
22 minutes ago•••
25 minutes ago•••
Your tax refund isn’t free money. It’s proof you gave the government an interest-free loan.
38 minutes ago•••
On the day I joined Nostr, the price of one bitcoin was basically at the bear market low. It didn’t matter. It was the perfect time to press the reset button and jump blindly into uncharted waters.
Since then, I’ve made endless connections and friendships, embarked on a new career path, met some of my personal heroes, and discovered a side of myself I didn’t even realize existed. I’m grateful for all the opportunities this journey has given me, and my advice to anyone looking to make a major life change is to just embrace the chaos.
The universe is infinite, but your time in it is not.
39 minutes ago•••
Still 42 unclaimed sats in my notes. 🤝
43 minutes ago•••
Good Friday Morning ☀️😀🧡🫂😉🎢
45 minutes ago•••
When will people realize? The best time to buy #Bitcoin is before the hype.
49 minutes ago•••
When you’ve got a multi-million dollar deal to close at 7, but your bedtime is still 8
4984db1b...85c9 replied 46 minutes ago
1
48 minutes ago•••
Selling all the seized Shitcoins to buy more #Bitcoin is a budget-neutral strategy benefiting the taxpayer greatly over time.
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