BitcoinReserve

Senator Cynthia Lummis has introduced the B.I.T.C.O.I.N. Act aiming to create a U.S. Strategic Bitcoin Reserve by purchasing 1 million bitcoins over five years, financed through gold reserves. The plan includes transparency measures and allows state-level participation, marking a significant step in integrating Bitcoin into national financial strategy.

Bitcoin is nearing its all-time high influenced by macroeconomic factors, while innovative moves like Coinbase's Base outflows, Russia's ruble stablecoin, and the US Strategic Bitcoin Reserve highlight dynamic shifts in the crypto space. However, risks remain as seen in Argentina's $LIBRA scandal. Discover how platforms like Bitlet.app can help you navigate this evolving landscape with flexible crypto buying options.