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RECAP: STRATEGIC RESERVES GALORE

RECAP: STRATEGIC RESERVES GALORE

Friday Fire: Insane Strategic Bitcoin Reserves Planned ๐Ÿ”ฅ๐Ÿš€๐Ÿ’ฐ

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InvestAnswers
Dec 14, 2024
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Todayโ€™s Nuggets

  • Two States Introduce BTC Strategic Reserves Legislation

  • Senator Lummis meets Trumpโ€™s Treasury Secretary

  • Nations Will Print for BTC Reserves

  • Vancouver Approves BTC Motion

  • Mrs. 200 is Gobbling BTC

  • The MSTR Imitation Game

  • MSTR Coming to QQQ

  • SolStrategies Plans Nasdaq Listing

  • Zeus Makes BTC History

  • Solana Becomes the #1 Ecosystem

  • UK GDP Surprise Drop


This is Friday Fire and Bitcoin is making insane moves.

It has been a crazy trading day and there is probably an 80% chance the weekend will be popping. Strategic reserves are popping up as the imitation game pushes new boundaries like never before.

We have new technology on Bitcoin, making things possible that we never had before. Bitcoin can now scale and leverage liquidity using technology on another blockchain.

The crypto market cap is $3.6 trillion, hitting a new record with a volume of $185 billion. The Bitcoin price is exactly $101,777.

The Crypto Fear & Greed Index is at 76.


Bitcoin has smoked everything - except XRP - which beat it.

Sui and Binance also beat it slightly.


These two states in the United States are considering Bitcoin strategic reserves.

The big one at the bottom is Texas, which seems to be doing everything right. The other one is Pennsylvania.

This game theory is going off the hook!


If Texas were a country, its economy would rank 8th largest!

Texas is huge and getting bigger because all the big industries in California are moving to the state.

Everybody is flocking out of California and heading to Texas.


Florida is also considering it and these American states are massive.

They have introduced a plan to open a Bitcoin reserve in 2025. Florida is the 12th or 13th largest country in the world based on its GDP.


In-kind transactions mean you can put your Solana into an ETF and pull it out in the same form without going into the fiat garbage as a stepping stone.


Lummis meets with Besant on the Strategic Bitcoin Reserve.

Cynthia Lummis has the law

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