Good News from a US State: Bitcoin ($BTC ) and Cryptocurrency Payments Approved! The Ohio State Board of Deposits has given final approval for state residents to pay state fees and services using Bitcoin and cryptocurrency. While important steps continue to be taken towards Bitcoin ($BTC ) and cryptocurrencies in the USA, the latest news came from Ohio. The Ohio State Board of Deposits has given final approval for state residents to pay state fees, services, and charges using Bitcoin and cryptocurrency. The initiative is part of Ohio's broader efforts to advance digital asset legislation, which also includes a blockchain protection bill and a Bitcoin reserve proposal. Ohio Secretary of State Frank LaRose noted that relevant departments process hundreds of thousands of transactions annually and that demand for cryptocurrency payment options is increasing. “Hundreds of thousands of transactions pass through my office every year. So, I want to congratulate the board of directors for taking a bold step to position us at the forefront of the evolving digital economy. We are not afraid to embrace new tools and technologies that foster investment and growth. Ohioans are demanding a cryptocurrency option, and I am excited and ready to be the first to offer it to our clients,” LaRose said. Coinbase CLO Paul Grewal congratulated Ohio's cryptocurrency push, saying, “It's happening. Government payments in Ohio today. Tomorrow everything will be on-chain. Thank you, sir.” The latest activity in Ohio comes amid strategic Bitcoin reserve efforts. According to the Bitcoin Laws tracking tool, 47 states in the US have submitted Strategic Bitcoin Reserve (SBR) proposals. Of these, approximately 26 states still have active proposals under consideration. But some states moved faster than others. Arizona, Texas, and New Hampshire are among those advancing legislation the furthest, while other states, including Ohio, have existing bills stuck in committee review.

🌋🚀 Bitcoin’s $1 Billion Shakeout: 5 Key Insights Driving BTC’s Wild Week Bitcoin has kicked off the final week of September with explosive volatility, sending shockwaves through the crypto market. A sudden dip to $112,000 triggered over $1 billion in long liquidations, marking the largest wipeout of 2025. Traders now face a high-stakes environment filled with Fed uncertainty, political buzz, and on-chain signals pointing toward the next big move. Here’s everything investors need to know. --- ⚡ 1️⃣ Record-Breaking Liquidations Rock the Market Bitcoin’s overnight drop of nearly $3,000 sparked a brutal liquidation event, erasing $1.7 billion in crypto positions—$1.62 billion of which were longs. CoinGlass Data: The biggest long liquidation of 2025, wiping out $2B in open interest. Heatmaps show leverage clusters around $113K–$114K, where longs were most vulnerable. Traders warn of a possible liquidity sweep toward $106K–$108K before a sustained rebound. --- 📉 2️⃣ Price at a Critical Support Zone Bitcoin’s flash crash to $112,000 has divided traders: Bullish Take: Analysts like Jelle call the dip a “clean retest” of key support, eyeing a push back to $116K–$120K if higher lows hold. Bearish View: Others, including Captain Faibik, expect a deeper correction toward $100K, citing a breakdown of a rising wedge structure. --- 🏦 3️⃣ Fed Watch: Powell’s Speech & PCE Data in Focus All eyes are on the Federal Reserve’s next move following its first 2025 rate cut. The PCE index, the Fed’s preferred inflation gauge, drops this week. CME FedWatch shows markets pricing in another 0.25% rate cut for the October 29 meeting. Fed Chair Jerome Powell’s speech on Tuesday could spark fresh volatility across risk assets, including crypto. --- 🗳️ 4️⃣ Political Rumors Stir Bitcoin Bulls Crypto Twitter is buzzing with reports of “massive political news” in the U.S. that could reshape Bitcoin policy. Rumors hint at the long-discussed Strategic Bitcoin Reserve (SBR)—a potential U.S. government BTC purchase plan. Galaxy Digital’s Alex Thorn believes markets are underpricing the chance of an SBR announcement. Any confirmation could ignite institutional FOMO and trigger a BTC price surge. --- 📊 5️⃣ On-Chain Signals Flash ‘Pre-Euphoria’ Despite short-term turbulence, on-chain metrics remain bullish. CryptoQuant reports a growing divergence in MVRV ratios between long-term (LTH) and short-term holders (STH). This pattern historically signals the final parabolic run of a bull market. Current levels suggest significant upside potential remains before the ultimate cycle peak. --- 🔑 Key Takeaways for Investors Bitcoin’s latest shakeout is a stress test for leveraged traders but an opportunity for patient investors. Short-term risk remains elevated with potential downside to $106K–$108K. Long-term metrics indicate we are still in a pre-euphoric phase, setting the stage for a possible new all-time high in the coming months. Fed policy, political developments, and ETF inflows will be decisive catalysts in the weeks ahead. --- ⚠️ Investor Caution: Markets remain fragile. While volatility creates opportunity, discipline and risk management are critical. As always, conduct thorough research before making trading or investment decisions. --- 💡 Bottom Line: Bitcoin’s $1 billion liquidation storm is shaking out weak hands, but history suggests such moves often pave the way for the next explosive rally. Keep your eyes on Powell’s remarks, political headlines, and key on-chain metrics—the next major BTC breakout could be closer than traders expect. #Fed Cuts Rates By 25 Bps##BTC Reserve Market Impact##XRP ETF Goes Live#

#BTC Reserve Market Impact# What is the BTC Strategic Reserve? The U.S. has created (via executive order) a Strategic Bitcoin Reserve (SBR), funded in part by Bitcoin the government already owns (for example from forfeited BTC). The idea is: hold Bitcoin as a reserve asset for strategic reasons financial stability, hedge against inflation, reduce exposure to purely fiat‐based risks. Key Impacts on the Market 1. Reduced Supply Circulating Float When the government holds BTC and does not sell it, that reduces the available supply in the market. Less float = potential upward price pressure. For example, estimates suggest that in a 90-day window the U.S. reserve could “drain” around 40,000 BTC that’s comparable to what miners may produce in that period. 2. Institutional / Psychological Signaling When a government formally designates BTC as a reserve asset, it sends a strong signal to markets: that BTC is becoming more mainstream, more “trusted” by large institutions. That can drive more institutional investment. Confidence effects might amplify the value beyond just the capital invested. Some models suggest that every USD put into BTC under strategic reserve can move its market cap by more than that dollar in certain periods. 3. Volatility, Especially Short Term In the short run, announcements around reserve policy tend to produce sharp moves (up or down), because markets react quickly. After initial reaction, there may be pullbacks or corrections. Part of the volatility comes from uncertainty: how much BTC will be purchased, how fast, where it's stored, regulatory implications, etc. 4. Regulatory Custody Policy Implications Government reserve requires secure custody, clear rules about how BTC can be bought held potentially sold. Regulatory frameworks may evolve. Also may affect tax, accounting, and how BTC is treated under law (e.g. whether governments will need to explicitly recognize BTC in their balance sheets). 5. Possible Down-side / Risks If governments buy too aggressively, or use seized BTC, but concern arises about security or value loss (wallet hacks, mismanagement), market may penalize them. If policy shifts (change in government, regulatory clampdowns), reserve strategy could be reversed or scaled back, causing negative reactions. Holding BTC itself is volatile; if price drops significantly, the reserve’s valuation drops. If the public or markets think the reserve is being misused, that could damage trust. Likely Near-Term Outcomes BTC price might see positive pressure from reduced float + anticipation of government purchasing or allocation. Short-term spikes around announcements or policy developments (e.g. bill approvals, reports released) are likely. Over time, possibly lower volatility (or at least more stable support) because part of supply is being “locked” by the reserve.

Fully Embracing Digital Assets: Eric Trump Talks About the Future of America and BTC On August 29, 2025, at the BitcoinAsia event held in Hong Kong, Eric Trump shared his views on BTC, the Trump family's experience in the digital asset world, and his beliefs about the future development of the United States in this field. Eric Trump believes that BTC is "the greatest asset in the world" and "the greatest store of value in history." He predicts that the price of BTC will reach $1 million in the coming years. The following is the full text of the speech: Opening host: Bitcoin Treasury Company and the strongest listed company in the world. Most companies fear volatility, but we harness it. There are few companies globally that can achieve compound growth at such speed and scale, and we have no intention of slowing down. We believe we can redefine the market, and our goal is to become Japan's smartest star. I have a close friend who also spoke on stage before, and that's Simon from EPL. When I asked him, "What troubles has Bitcoin actually brought?" he candidly replied, "We are facing a shortage of Bitcoin." This is the "Bitcoin effect." And this is just the beginning. Welcome back, everyone. Now let's move on to the final fireside chat of today. It is a great honor to introduce my co-founder and the CEO of Kindly Andy and Nakamoto, David Bailey, as well as the Executive Vice President of the Trump Organization, Eric Trump. Please welcome David and Eric to the stage. Alright everyone, today we have prepared an exciting discussion. I would like to share a short story first. Last year when we held this conference in Hong Kong, I received a call saying, "There will be a Bitcoin conference at Trump Tower in two weeks, and you must go buy a suit immediately." So two weeks later, we went to that meeting and explained the value of BTC to them. That meeting triggered a chain reaction that brought Eric to Hong Kong and pushed BTC to a height of 100,000 dollars. This was indeed a big deal. I want to start with a question. First of all, I am often asked by the media: "Is the president supporting Bitcoin just to attract votes?" I think to myself, isn't that the meaning of campaigning? You are supposed to be vying for votes and pushing for popular things. But one thing I really respect about your father is — he is truly a thorough entrepreneur. He can find opportunities where others cannot see them, and that is the true trait of an entrepreneur. He saw an opportunity here that is worth pursuing. So I want to start with your story, not just your father's experience, but also yours, Eric, how did you come into contact with Bitcoin? Eric Trump: First of all, I want to say: Hong Kong, we really love you! Thank you for such a warm welcome. Look at this venue, it’s incredible, beyond imagination, like a rock concert! Since I got here, the hospitality you have shown me is truly unbelievable, and I am sincerely grateful. Our whole family loves it here. Speaking of which, I want to particularly mention another special person - David. He is so humble that he won't say it himself, but I have to speak up. Do you know? Because my father was in politics, our entire family in the United States unexpectedly experienced the "de-banking" by large financial institutions, a point I will never forget. During that time, we began to meet some truly remarkable people in the cryptocurrency space, one of whom was David Bailey. One day he called my father — I had just shared this story in front of another group of audience — and said, "I would like to invite you to speak at the Bitcoin conference in Nashville." My father then called me and said, "Hey, what do you think about this BTC? I certainly believe in digital assets, but do you think I should go and participate?" I replied, "Of course you must go! You have to voice your opinion at this conference." Thus, David Bailey became the first to invite the current President of the United States to take the stage at the Bitcoin conference before he was elected, and even before the media had faith in him. The Bitcoin community embraced him with unprecedented enthusiasm, embracing my father. I have never seen any community support him like this. I sincerely hope that all of this has already paid off, because we really love this community, and we believe in this community. I now invest 90% of my time and energy here. BTC is the greatest asset in the world. We are changing finance, changing modern banking, and changing the entire contemporary financial system. It may be the most powerful means of value storage created in human history. Trust me, looking back three years, five years, ten years from now, you all present will be the true pioneers in this field. And all of this is thanks to the gentleman before us. David, we love you, we are very grateful to you, thank you for starting this journey for our family and for the countless people present. David Bailey: Eric, you are the top diplomat of the "Bitcoin Nation," and the Bitcoin Nation is spread across every corner of the globe. This is the nation of Bitcoin. So well done, sir! Now let's get to the point. You are fully committed and have already begun some entrepreneurial explorations. Eric Trump: First of all, Simon was supposed to be on stage with us today, but he couldn't make it for some reasons that are inconvenient to elaborate on. However, Simon, you were just here, I saw you! Come on, stand up and take a lap around the stage! — Everyone, take a look, this friend has made incredible contributions to BTC in Asia. He is the "Michael Saylor" of Asia. He is amazing and a good friend of mine. He called me a year or two ago and asked, "Eric, would you like to join my company?" I immediately replied, "It would be my honor!" I am very proud to stand shoulder to shoulder with him. He has not only changed Japan's view on digital assets but has also profoundly influenced many countries in Asia, and he deserves tremendous praise. So, dear friend, we love you, you are fantastic! Of course, in addition to Metaplan, there is also American Bitcoin. Let's talk about American Bitcoin. One of my great partners, Mike Ho Asher, is also here with us, right over there. If you know a family that truly loves America, it's us. While I love the whole world, we are indeed Americans at heart. The United States, especially Texas, has some of the cheapest energy in the world. So we founded a company called American Bitcoin, which is one of the largest BTC mining companies on the planet. We mine about 3% of the world's BTC every day. We are about to be listed on Nasdaq. The average energy cost of Bitcoin mining is about $37,000, and what is the price of Bitcoin now? It's roughly between $112,000 and $130,000. So, in the field of Bitcoin mining, we are as excellent as anyone in the world, and even better than anyone. At the same time, we are also implementing a strategic model on the other side. We feel incredibly proud to launch such an amazing venture. I believe we will become one of the greatest BTC companies in the world. And the cooler part is, it's not just us. You see, there are Sims leading the way, there are DA leading the way, and there is American Bitcoin that will also lead the way; and then there's Michael Saylor — through his strategic actions, he is truly playing a leadership role. At the same time, sovereign nations are crazily buying Bitcoin, and Fortune 500 companies are also crazily buying Bitcoin. The world's largest families and biggest companies all believe in this digital value reserve. Everyone wants Bitcoin, and everyone is buying Bitcoin. This is why I have always said that in the next few years, Bitcoin will rise to 1 million dollars, without a doubt. This morning, while having breakfast with some of the most powerful hotel industry giants in the region, I was also explaining what digital currency really is to them. That moment made me deeply realize how early we still are in this race — and that is a huge advantage. I often hear people say, "Should I get into cryptocurrency? Have I missed the opportunity? Is it too late?" Each time, I can't help but laugh. I tell them: we haven't even touched the true potential of BTC, and we haven't even touched the true potential of digital assets. Now is the best time to buy. Volatility is your friend; buy now, close your eyes, hold for five years, and you will definitely see amazing returns. It's all really too interesting and too exciting. David Bailey: Actually, I didn't tell you this question in advance, and you probably weren't prepared with an answer. But I'm thinking — if we're talking about who can enter the circles of the most interesting, wealthiest, and most powerful people in the world, I really find it hard to imagine anyone other than the Trump family having such an opportunity. So, throughout this journey and in your interactions with them, what has been the most interesting viewpoint you've heard? You've traveled to many countries discussing Bitcoin; what has surprised you the most? Eric Trump: Well, let me give you an example. I once spoke with someone who governs a major country, and he told me that they would use the entire energy supply of a large city during the winter to mine BTC, because their belief in this digital asset is that strong. I won't tell you which country it is or who it is, but I can tell you: sovereign wealth funds believe in BTC, the largest family in the world believes in BTC, the largest banks believe in BTC, and large capital accumulators also believe in BTC. Moreover, more and more retail investors are beginning to understand it, and it's not just understanding. Many people actually already know what Bitcoin is and what cryptocurrencies are, but they have never had a truly convenient way to access them. The situation is changing rapidly now — every day, Bitcoin is becoming easier for ordinary people to obtain. Major financial institutions around the world are starting to custody digital assets, and exchanges are becoming more and more refined and user-friendly. In the past, I used to complain; as someone from the hotel industry, I would criticize exchanges for being "too complicated," especially since buying cryptocurrencies in DeFi is really difficult, which hinders the public's entry. But now the situation is completely the opposite — everything is becoming simpler and more mainstream. You know, another thing I'm currently working on is a company called World Liberty Financial. Our goal is actually to bring cryptocurrency into the public's life and even introduce the concept of the hotel industry into the crypto world. Now, more and more people are finding channels to buy and hold cryptocurrency. In the United States, people can finally incorporate it into retirement plans, which means trillions of dollars in liquidity are beginning to flow in, opening the door for digital assets. You see, now even BlackRock has come in, the largest banks in the world are buying. The largest companies globally are putting it into their corporate treasuries, and they have no intention of selling it. Retirement accounts won't sell BTC, companies won't sell BTC, sovereign wealth funds won't sell BTC, and the total supply of BTC is only 21 million. This is the only commodity in the world that cannot be infinitely issued. For example, if gold really rises to 20,000 dollars per ounce, I can directly break open the pillars of this building and surely find gold inside. But this kind of thing is simply impossible in cryptocurrency, as BTC is limited, which gives it such power. And when you are in those circles, even those people I met with this morning, once their interest is ignited, you can be sure that they will soon go buy BTC. And those who are buying in, or are about to buy in, are the ones who will win in this competition in the future. Because the capital market opens pathways for the public every day, allowing more people to purchase what may be the greatest asset in human history. David Bailey: In Nashville, your father promised to make the United States a global Bitcoin superpower. Moreover, he set a rather ambitious timeline. Many people doubted whether it could be done at that time, but the result is that he completed one task after another. We have just passed the stablecoin bill and signed the SBR; he has already done a lot. It's really quite crazy. Now we are in Hong Kong, and I don't know if I should say this, but actually, another Bitcoin superpower in the world is China. It is one of the largest markets for BTC, with a large number of miners, users, and holders. What do you think about the efforts made by the United States in terms of policy? How do you view the actions taken by other global BTC superpowers in terms of policy? Eric Trump: First of all, I want to congratulate everyone present, because there is no doubt that you have made an incredible mark in the Bitcoin and cryptocurrency space. Undoubtedly, China is a significant force in this field and has carved out its own path. Likewise, the Middle East is also embracing cryptocurrency on a large scale, moving very quickly and very firmly. Of course, some small countries in South America may not have such great purchasing power, GDP, or monetary means, but what is equally important is that they are filled with passion and belief. Although they lack financial resources, they make up for the gap with their spiritual will. However, I am not trying to compare countries together. I just want to say that my father really believes in digital assets. When he took over, the United States was led by a completely incompetent president (I can say it straight, Biden is completely incompetent). And at the moment he took office, he immediately made a 180-degree turn in the trajectory of the United States, instantly embracing the digital revolution, because he understood that it is the future of finance. The result is that the U.S. accelerated from 0 to 100 directly. I believe that in the past 7 months, the progress the U.S. has made in digital assets has even surpassed the previous 10 years. The reality is that many places around the world are watching how the United States moves and using it as a reference, whether to imitate or to carve out a different path. I truly believe that the United States is currently winning the digital revolution. This is entirely because there is a person so dedicated to success, a person who truly believes in the vision—he was holding BTC long before he became president and saw the future. And it is precisely because he and his family have suffered from the oppression of the financial system (every bank and financial institution has been "weaponizing" against them) that it forced us to turn to cryptocurrency. People always ask me: if the banks hadn't blocked your accounts back then, would you still have taken this path? My answer is: probably not. If it weren't for that experience, I might still be building hotels around the world, continuing with my old business. Of course, I am still working on many hotel projects today, but I wouldn't be as fully devoted to cryptocurrency as I am now. "Along the way, it has been due to their crazy crackdown on us, their relentless pursuit, just because my father is in politics, while they are also suppressing you—many of you present have been targeted. What is the result? I began to meet some of the most remarkable people I have ever encountered in my life. They are incredibly honest, believe in the future, believe in technology, and are people who want to build great companies that are vibrant and can change the future of humanity. Yet they are treated like dogs, ruthlessly mistreated for no reason at all. And our family is the same way, treated very unfairly. So people often say a phrase: 'The enemy of my enemy is my friend.' This is precisely how the Trump family became connected with this community—strangely enough, the enemy's enemy became a friend. When you communicate with these people, you will discover their wisdom. When you communicate with these people, you will also realize how outdated the old financial system is. You see, after 4:59 PM on Friday, you won't be able to make any remittances until next Monday. If you're lucky, it might reach the recipient on Monday afternoon or Tuesday. This is not the rhythm of the modern world at all! Come on, finance should be 24/7, that's what people expect and demand, and we are pushing for this change every day. "The journey on this road has been beautiful; I never imagined I would walk this path. If you had asked me ten years ago, I definitely wouldn't have believed I would stand in this position today. But this may be the most meaningful and rewarding journey of my life." David Bailey: "Your father has already put BTC on the global stage." I have always had the view that money can connect people. Bitcoin countries - no matter where you live, there is a common bond. I believe that Bitcoin will play an important role on the diplomatic stage in the future. This morning, I received a question, and I would like to ask you on behalf of the CNN reporters present: Your father will soon meet with leaders of other countries; do you think Bitcoin will become one of the topics of their discussions? Eric Trump: "Honestly, I really wish they could talk about Bitcoin because it's a topic I'm very passionate about. But I think they might have more important issues to discuss. However, if it were me, I would be the first to ask: 'Can we talk about Bitcoin?' I even want to throw out an idea: maybe in the future we could use Bitcoin to pay tariffs? That would be great." You see, the United States and China are actually at the forefront of the cryptocurrency space. This is probably a topic that the leaders of both countries understand better than anyone else in the world. However, if we pull back the lens and say this without joking, it really is a community. Moreover, it may be the most diverse community in the world. When discussing Bitcoin, you will see people from different cultures, different societies, different languages, and different religions sitting at the same table, more diverse than any group. This is truly a global community, united by a great and transformative belief that will reshape the future, which is wonderful. Through this community, I have met more outstanding individuals from around the world than in the hospitality industry. The people you meet here will also be seen at the next conference in Miami, at the Consensus conference in Toronto, in Abu Dhabi, and you can see them everywhere. This is a truly global community, and I believe this is a great thing for humanity. Additionally, there is one point that few people mention, and maybe it sounds a bit direct: the traditional financial system has always benefited people like me, but has not benefited the vast majority of ordinary people. It only benefits those accounts with several zeros behind them, as they have leverage and power. They can directly call the bank executives to cut a point off the loan interest rates, waive various fees, or simply borrow money that ordinary people cannot possibly access. The Bitcoin community, however, is different; it truly achieves equality for everyone, regardless of wealth. This is a great thing. It allows people in Sub-Saharan Africa to have the same opportunities as executives on Wall Street in New York. This is the first time in history that there are no class differences in the financial sector, and we should cherish this. What will the price of Bitcoin be in the next two to three years? I have always said this: in my heart, there is no doubt that Bitcoin will rise to one million dollars, and there is no need to question this. By the way, I don't think it will stop here; it can go even higher. Because you have high-speed assets that everyone wants, but the supply is extremely limited, it's not rocket science to figure out where it's headed. Additionally, traditionally, hard assets had not much practical use in the past, merely being "digital gold," a means of value storage. And now, every day, — David might see it more clearly than I do — new ways are being invented: staking it, earning yields, using it for daily consumption, using it as purchasing power. So step by step, you have endowed this digital gold, which was originally just a store of value, with great practicality. Every use case of Bitcoin is astonishing. To be honest, volatility is actually our friend. People often ask me: When is the right time to buy? — It’s now! It’s this moment! I can't tell you how many times I've told others to buy BTC, but every time they didn't take action, later coming back to say, "If only I had listened to you back then." In fact, I even tweeted once that could be considered "one of the best predictions in BTC history." At that time, BTC was around 82,000 to 83,000, and I tweeted: Now is a good time to start buying BTC. As expected, it quickly dropped to 79,000, even going as low as 78,900, and then in just about 90 days, it rose from 79,000 to 124,000. I almost pinpointed it, missing the bottom by just a couple of thousand points. But people came to me saying, "Why didn’t you tell me?" — I thought to myself, I clearly announced on Twitter to my ten million followers, "Go buy BTC." I truly believe that you should buy, then close your eyes and hold long-term, and definitely don't sell. I think Michael Saylor said it well: "Sell a kidney to buy BTC." Of course, he was joking, but the logic behind it is correct: buy, hold, and you will get excellent returns.

#SBR# What a broken coin, it doesn't move at all.

#BTC ETF持仓破1530亿美元# The U.S. Customs collected $135.7 billion in duties in the first seven months of this year, with $70 billion still unallocated. Livingston reminds policymakers: "We are sitting on a $70 billion duty surplus, and the fiscal year isn't over yet." He advocates converting this amount of money into Bitcoin all at once, which not only fully aligns with budget neutrality but also introduces a safe-haven asset to the treasury that performs better than fiat currency in an inflationary environment. The proposal sets strict terms against sales, pledging, and lending, striving to turn SBR into a "digital gold reserve" rather than a speculative fund pool used for speculation. The Ministry of Finance has not pinned all its hopes on tariff surpluses for fundraising, but is also evaluating three backup routes. First, revaluing gold reserves: the official account still values gold at $42.22 per ounce, which is a huge gap compared to the market price of about $3,335; merely adjusting the book price could release substantial capital. Second, disposing of part of the strategic oil reserves and transferring the cash to the SBR. Finally, converting the proceeds from the confiscated crypto assets into Bitcoin on a regular basis. The common feature of the above proposals is the use of existing assets without asking taxpayers for new funds, in line with the spirit of the executive order.

According to a report from Coin World, on August 15 (UTC+8), U.S. Senator Cynthia Lummis stated that she supports the proposal by Scott Bessent to build a strategic Bitcoin reserve (SBR) in a "budget-neutral" manner. She pointed out that the U.S. cannot solve the $37 trillion national debt problem by purchasing more Bitcoin, but can revalue gold reserves at current prices and use the appreciated portion to build the SBR. Lummis emphasized that the U.S. needs the BITCOIN Act.

8.02 All in Morning Report: The result of playing like this is that you have to close your long positions before going to bed, brothers. Otherwise, when you wake up, the price will have reverted, and your position will be gone 😂. 1. $BTC is influenced by the US stock market, breaking below 115000 to find support below. The CME gap has been filled, and with liquidity exhausted over the weekend, let's see the wild speculation. 2. $ETH couldn't hold strong, and in the end, it was brought down by the big brother; 3. $SOL followed the market trend and performed the weakest, especially in the case of a collective major pullback of the BONK series, it dropped all at once; 4. The three major U.S. stock indices fell sharply, with Amazon's market value evaporating by more than $200 billion; 5. Trump accused of falsifying employment data, demanding the replacement of the Labor Statistics Bureau Director and the Federal Reserve Chairman; Trump threatened to "replace Powell in a second," but later stated that he is very likely to remain in office; 6. Metaplanet plans to issue up to 55.5 billion yen preferred shares to increase its holdings in Bitcoin; Is Japan's MicroStrategy starting to take the lead? 7. CurveDAO members proposed to stop expanding to more Layer 2, questioning the disproportion between returns and development investment; Did all the money go to buying villas? 8. Mizuho: Rising distribution costs weaken USDC profit margins, Circle's valuation may be overstated; 9. Trump stated that he has ordered the deployment of two nuclear submarines due to provocative remarks from the Russian side. 10. Grayscale announced that the dividend distribution period for BTCC and BPI has been adjusted to once every two weeks. 11. The Bitcoin mining company supported by the Trump family is about to go public; It's really great that the listed company is going public. 12. Bo Hines, Executive Director of Trump's Digital Asset Advisory Committee, stated that Trump will launch a Bitcoin reserve plan "as soon as possible"; Is $SBR coming soon? 13. Federal Reserve's Harker: The employment report is "disappointing," but that does not mean rates should be cut this week; 14. The GENIUS Act still has ambiguities regarding the regulatory standards for overseas issuers. ---------- I can only say that if you don't follow through decisively, then don't follow at all. I finished my long positions at the highest point, leaving us a few fools holding the bag🤣. #Bitcoin #Ethereum #Solana #CryptoNews

ETH on-chain 24-hour trading volume leaderboard (July 31) $USDe $UNI $IMF $sUSDe $SPX $SPK $LINK $Mog $SAGAI $MET $CRV $REKT $fric $CNAI $PEPE $DEPIN #somETHing##$ONDO $XCN #GWorldAI##$ETHFI $sON $SBR $JOE $QUERY $DILDO $MARIE $APU #BITCOIN##$Neiro @Foconman @qkl2058 @logearn_cn @EmberCN @yiyun_dan1 @0xLaughing @neroclub01 @Amy6Tina

Trump's crypto report skipped SBR and endorsed DeFi ETH bulls in charge 🐂

BIG DAY TODAY: INFINITYHEDGE *US GDP Advance Q2: Est. 2.4% *BoC Rate Decision (Est. hold rates) *US Treasury QRA (what Bessent going to do?) *FOMC (rates to remain unchanged, Powell vs Trump in Press Conference, powell expected to win) Earnings: *META: capex, Superintelligence team update, potential open-source strategy change *Microsoft: capex, OpenAI partnership update, guidance *Robinhood: info on Crypto plans & integration *White House Crypto report on regulatory framework (not SBR) *Tornado Cash developer Roman Storm Trial *Ethereum’s 10th anniversary celebration ICYMI: *SEC Approved In-Kind Redemptions For BTC & ETH ETFs, EToro Plans to Tokenize Stocks on Ethereum, Samourai Wallet founders plan to change pleas to guilty, Potential 51% attack on Monero by Qubic, Plasma raised $373M in ICO, Interactive Brokers considering stablecoin integration & Kraken Aims To Raise $500M funding at $15B valuation

BIG DAY TODAY *US GDP Advance Q2: Est. 2.4% *BoC Rate Decision (Est. hold rates) *US Treasury QRA (what Bessent going to do?) *FOMC (rates to remain unchanged, Powell vs Trump in Press Conference, powell expected to win) Earnings: *META: capex, Superintelligence team update, potential open-source strategy change *Microsoft: capex, OpenAI partnership update, guidance *Robinhood: info on Crypto plans & integration *Crypto report on regulatory framework (not SBR) *Tornado Cash developer Roman Storm Trial *Ethereum’s 10th anniversary celebration ICYMI: *SEC Approved In-Kind Redemptions For BTC & ETH ETFs, EToro Plans to Tokenize Stocks on Ethereum, Samourai Wallet founders plan to change pleas to guilty, Potential 51% attack on Monero by Qubic, Plasma raised $373M in ICO, Interactive Brokers considering stablecoin integration & Kraken Aims To Raise $500M funding at $15B valuation via @zerohedge tg

#SBR#🚀🚀🚀🚀

What is the situation of #SBR#?

🇺🇸 A strategic reserve of Bitcoin for the United States? A counselor of Donald Trump confirms the imminent arrival of a SBR powered by BTC seized by the justice. The details about this historic initiative👇

Some of the potential Bitcoin catalysts ahead: 1. USA initiating SBR buys 2. USA removing capital gains 3. Large corporate (Meta etc) buying Bitcoin 4. Interest rate cuts / restarting QE 5. Other large nations (China) / SWF (Singapore's GIC) announcing buys.

BREAKING: SENATOR BLACKBURN SAYS BILL TO BUY 1 MILLION #BITCOIN MAY BECOME LAW FASTER THAN CRYPTO BILLS SBR INCOMING. HUG…

#Bitcoin Reserve Bill# 🏛️ What is the Bitcoin Reserve Bill that has been enacted? In the United States, President Trump issued an executive order in March 2025 to establish a federal-level Strategic Bitcoin Reserve (SBR). This reserve starts with approximately 200,000 BTC currently held by the US Government as a result of legal proceedings, and these BTCs will not be sold; they will be preserved as a national digital asset stack. Additionally, it was ordered to create a "Digital Asset Stock" where other crypto assets seized by the government will also be held. 🏛️ Steps in the Assembly: BITCOIN Act Under the leadership of Senator Cynthia Lummis, a bill titled "BITCOIN Act" was prepared in Congress, such as (S.954 and S.4912. These bills: • It forecasts that the US Treasury will purchase 200,000 BTC annually over 5 years, totaling 1 million BTC. • It stipulates that the acquired BTCs must not be sold for at least 20 years. • Bitcoin will be stored in secure, distributed cold storage facilities. • It allows the states to hold their own BTC reserves within this federal system. 🤝 Developments at the State Level Texas, in June 2025, approved Senate Bill 21, creating a 5-star state Bitcoin reserve for the first time. The law allocated a budget of 10 million dollars, and these funds will be used directly for BTC purchases. This reserve has been structured to be kept separate from the general budget. 🌍 Why is it important? • By diversifying national reserve assets, the global position of the US Dollar can be supported. • BTC collected federally will be held in more secure, transparent storage systems. • These steps starting at the state level signal a crypto-friendly regulatory environment. ⚠️ Criticisms and Discussions Some international financial authorities, like FT, evaluated this initiative on the agenda as a "nuclear idol" — meaning they expressed that in the long term, the state's reliance on its BTC position could be a risky strategy. Additionally, from a technical perspective, this method means that the state is directly affected by BTC price movements. 🧾 In summary The federal Bitcoin reserve initiated by an executive order now has official status. The bills currently on the agenda in the parliament aim to grow this reserve and institutionalize it. • States are setting an example by taking concrete steps like Texas. • However, discussions about risks, centralization, and volatility are still ongoing.

as i mentioned previously, SBR aint live and no way these ppl r gonna buy above $100k lol

Brazil's bold move that could potentially drive Bitcoin to $150,000 USD rapidly. This is why 👇🏻 ✅ Brazil is potentially set to become the first G20 nation to allocate up to 5% of its foreign reserves into Bitcoin through ongoing landmark legislation in Congress. ✅ This approach differs from El Salvador's, as Brazil's method involves executive and legislative channels rather than a unilateral executive decision. ✅ Brazil's bill proposes establishing an SBR, which would provide a structured and institutional framework for incorporating Bitcoin into national reserves. ✅ The legislation ensures strong support from governmental and institutional bodies, making it a more formalized and credible move compared to other adoptions. ✅If Brazil succeeds, it could inspire other nations to follow suit, creating a ripple effect in global Bitcoin adoption. ✅Brazil has approximately $370 billion in reserves, and allocating 5% to Bitcoin would represent a massive investment, which the speaker describes as "monstrous" and "huge." ✅ If Brazil allocates 5% of its reserves to Bitcoin, the price could surge to $150,000 almost instantly due to the sheer scale of the purchase. ✅While the potential price jump is exciting, Brazil couldn't implement this all at once (no "big bang"), but even gradual adoption would be significant. ✅This move could lead to further "dominoes falling," meaning additional positive effects on Bitcoin's value and global cryptocurrency markets before other factors come into play. What a time to be alive! Full video:

I’m really surprised there’s been no low cap dead projects announcing an SBR yet Announce SBR > become relevant again

Pakistan has recently launched a strategic Bitcoin reserve (SBR) and plans to allocate 2000 megawatts of electricity for Bitcoin mining and AI data zone construction.

JD VANCE: "We started the SBR to put forward the strategic importance of Bitcoin. We know our biggest adversary, China, does not like Bitcoin. If they are leaning away from it, we should lean into it."

On May 23, Dennis Porter, co-founder of Satoshi Action Fund, posted on X that Texas Governor Greg Abbott shared an article titled "Texas Pushes for the Establishment of Strategic Bitcoin Reserves: State Finances Enter a New Era" on X. The article praised the Strategic Bitcoin Reserve (SBR) and called the governor a "strong supporter of cryptocurrency." Greg Abbott will certainly sign SBR into law. As previously reported, the US state of Texas passed SB 21, a strategic bitcoin reserve bill, which passed the third reading with 101 votes in favor and 42 votes against, and has now been submitted to the governor's office for signature.

If the U.S doesn’t pass a balanced budget and we don’t grow faster than the debt, ie. SBR then unfortunately all roads lead to inflation.

CoinVoice has learned that Dennis Porter, co-founder of the Satoshi Action Fund, posted on X stating that Texas Governor Greg Abbott shared an article titled "Texas Pushes for Strategic Bitcoin Reserves: A New Era for State Finance" on X. The article praises the Strategic Bitcoin Reserves (SBR) and describes the governor as a "staunch supporter of Crypto Assets." Greg Abbott is sure to sign the SBR into law. According to previous reports, Texas has passed the Strategic Bitcoin Reserve Bill SB21, which was approved by a vote of 101 in favor and 42 against in its third reading, and it has now been submitted to the governor's office for signing.

According to Deep Tide TechFlow news, on May 23, Dennis Porter, co-founder of the Satoshi Action Fund, posted on X stating that Texas Governor Greg Abbott shared an article titled "Texas Pushes to Establish Strategic Bitcoin Reserves: A New Era for State Finance" on X. The article praises the Strategic Bitcoin Reserves (SBR) and describes the governor as a "staunch supporter of Crypto Assets." Greg Abbott is sure to sign the SBR into law. Previously reported, Texas in the United States passed the strategic Bitcoin reserve bill SB 21, which was approved by a vote of 101 in favor and 42 against in the third reading, and has now been submitted to the governor's office for signature.

I believe Texas was set to vote on its SBR today (just needs to pass in its House… already passed in the Senate). Curious if there’s imminent news that’s causing this pump? #btc #Btc

#BOME# Emerging cryptocurrency assets like Minotaurus (MTAUR), the MEME Book (BOME), WAVE, and SBR have attracted investors to the floating market, but their long-term stability is uncertain. It is very important to conduct thorough research before investing, as very high floating prices are observed in speculative tokens. The emergence of meme culture-based cryptocurrencies, like BOME, highlights the market's interest in the digital culture of the Internet. #BTC# #MANA# #SOL# #WIF#

The U.S. state-level Bitcoin Strategic Reserve (SBR) competition has made new progress, with Texas poised to become the third state in the U.S. to hold Crypto Assets reserves. Recently, Texas state legislators have advanced the Bitcoin Strategic Reserve (SBR) bill to its final stage. If successfully passed, the state will become the third state in the U.S. to have Crypto Assets reserves, following the previous passage of the bill in Arizona and New Hampshire. On Wednesday, the Government Efficiency Committee of the Texas House passed Senate Bill 21 (SB 21) by a vote of 9 to 4, marking a critical stage for the bill. Two months ago, the bill also achieved an overwhelming victory in the Texas Senate with a vote of 25 to 5. According to reports, the bill was proposed by State Senator Charles Schwertner (, which plans to allow the auditor general to invest in Crypto Assets with a market value of at least $500 billion within the past 12 months. The CEO of the Bitcoin Bond Company, Pierre Rochard, is optimistic about SBR in Texas, but the current biggest issue is the unclear amount of BTC needed for acquisition. The 778 bill previously submitted by Schwetner called for a limit of $500 million in purchases per year, but his subsequent SB 21 bill removed this restriction and expanded the types of covered Crypto Assets. According to Julian Fahrer, the founder of Bitcoin law )Julian Fahrer(, the Texas legislature will adjourn on June 2, so the final decision on SB 21 will be revealed in the next three weeks. If the House passes it, the bill will be submitted to the governor for signing or veto. At the same time, prior to this, New Hampshire Governor Kelly Ayotte signed House Bill 302, allowing up to 5% of public funds to be invested in digital assets with a market capitalization of at least $500 billion; Arizona Governor Katie Hobbs signed Bill 2749, allowing unclaimed assets to be transferred into cryptocurrency reserves. Do you think Texas can pass the Bitcoin Strategic Reserve ) SBR ( bill in June? Are you optimistic about the policy actions regarding the Bitcoin reserve competition among major states in the U.S.? ) US encryption policy #SBR

#SRP# Look Guys How My Call I'll Give Call In 14 Feb 2025 & My World Best Indicator is Working 100 % Aquracy Now It's Time To Pump XCV /USDT ,BTL ,DFA, MSU ,SBR My King Indicator Pridict These Tokens Are pumping Soon #BTC Breaks $99K###Powell Speech##Tether Issues 1 Billion USDT#

is #SBR live yet?

On May 7, #SAAS#, according to a statement released by the Satoshi Action Fund, New Hampshire has officially signed HB 302, becoming the first state in the U.S. to pass legislation for a "Strategic Bitcoin Reserve" (SBR). The bill authorizes the state treasurer to purchase Bitcoin or digital assets with a market capitalization exceeding $500 billion, with a holdings cap set at 5% of total reserve funds. The reserve assets must be custodied through a multi-signature mechanism or exchange products compliant with U.S. regulations, ensuring transparency and security. The bill will officially take effect in 60 days.

On May 7, according to a statement released by the Satoshi Action Fund, New Hampshire officially signed the HB 302 bill, becoming the first state in the U.S. to pass legislation for a "Strategic Bitcoin Reserve" (SBR). The bill authorizes the state treasurer to purchase Bitcoin or digital assets with a market capitalization exceeding $500 billion, and sets a holdings cap of 5% of the total reserve funds. Reserve assets must be custodied through a U.S. regulatory compliant multi-signature mechanism or exchange products to ensure transparency and security. The bill will take effect 60 days later.

#BTC# The reason for today's market pump has arrived! New Hampshire has officially signed HB 302 into law, becoming the first state in the nation to pass legislation for a "Strategic Bitcoin Reserve" (SBR). The bill authorizes state treasurers to purchase Bitcoin or digital assets with a market value exceeding $500 billion, and sets a holding limit of 5% of total reserve funds. Reserve assets must be custodied through a US regulatory compliant multi-signature mechanism or exchange products to ensure transparency and security. This bill will officially come into effect 60 days later. This bill requires that the market capitalization of tokens exceeds 500 billion USD to qualify as strategic reserves, and currently, only Bitcoin meets this requirement, so the direct benefit is the price of Bitcoin. The market response has also validated this. While the market is favorable for Bitcoin, the next token that is predicted to reach a market value of 500 billion USD must be Ethereum, which is currently ranked second by market cap. Ethereum is the cryptocurrency that has previously met this requirement; however, this round of pump has not caused Ethereum's price to rise. With a circulating supply of 122 million, for Ethereum to satisfy a market value of 500 billion USD, its price must return to 4100 USD, and this price level happens to be where it has dropped to during this wave. Returning to this point, Ethereum will meet the strategic reserve standard. So whether the market will give Ethereum expectations, and whether the Ethereum upgrade can become a market hotspot, will determine whether Ethereum can break through 4100 dollars next, in order to meet the strategic reserve standards. In addition, He Lifeng will visit Switzerland on the 9th, during which he has scheduled talks with the US side. The China-U.S. tariff negotiations have welcomed a significant turning point, further stimulating the rise in Bitcoin prices, while tariffs have also been a major driving force affecting this wave of decline, and have similarly become the main driving force for the price rise, completely relying on news-driven pumps rather than a so-called liquidity bull market. This further confirms a rule: the market's decline and rise are completely driven by news, with no reference value from the technical aspect.

According to Techub News, the Satoshi Action Fund posted on X stating that New Hampshire has officially signed HB 302, becoming the first state in the nation to pass legislation for a "Strategic Bitcoin Reserve" (SBR). The bill authorizes the state treasurer to purchase Bitcoin or digital assets with a market capitalization of over $500 billion, setting a holding limit of 5% of total reserve funds. Reserve assets must be custodied through a multi-signature mechanism or exchange products compliant with U.S. regulations, ensuring transparency and security. The bill will officially take effect in 60 days.

5.07 All in Morning Report: GM, to be honest, it's still better in the city. I'm really not suited for traveling away from home. I slept until almost 9 o'clock this time 🤣, previously I would wake up at 6 every day. 1. $BTC Suddenly, like a spring breeze overnight, it was teetering on the edge of 93000 yesterday, and this morning, upon opening my eyes, 98000 is already imminent. One can only say that tariffs and the US stock market have a significant impact, making it impossible to remain unaffected; 2. $ETH is closely following the rebound, but it really cannot match the strength of Bitcoin, we can only say it's better than nothing; 3. $SOL is finally showing a long-awaited bullish candle, we can only hope for a different trend to emerge; No mainnet airdrop for everyone, just a clunky testnet trading on exchanges; 5. Renowned developer Daniele: The founder of Zerebro meticulously planned a "fake death exit" scheme; $LLJEFFY This token event shows us what the real cryptocurrency world is like; Obituary platform Legacy allegedly deleted the obituary announcement of Zerebro founder Jeffy Yu's passing; 6. Two giants are experiencing unrealized losses while shorting Bitcoin with high leverage on HyperLiquid. 7. The Trump family project WLFI transferred approximately $4.54 million in assets to a new wallet; WLFI initiates a USD1 airdrop proposal, planning to airdrop USD1 stablecoin to $WLFI holders; 8. Senator Lummis: The GENIUS Act requires stablecoins to be backed by a 1:1 reserve, enhancing consumer bankruptcy protection. 9. The Ministry of Commerce announced its agreement to engage in dialogue with the U.S. side regarding tariff issues; The tariff issue is finally settling down, no wonder the A-shares surged yesterday; 10. New Hampshire passes the first state-level Bitcoin reserve bill in the U.S.; $SBR is coming, can I regain what I once lost? 11. Visa strategic investment in BVNK accelerates the construction of stablecoin payment infrastructure; 12. Tether announced that its asset tokenization platform Hadron has integrated Chainalysis; 13. Bitwise applies to launch NEAR spot ETF, plans to list in the U.S. through S-1 registration; 14. The UK and the US are close to reaching a trade agreement, proposing lower tariff quotas to alleviate the impact of Trump's tariffs; 15. Ripple adjusts XRP disclosure method, stating that transparent information was previously used by the SEC; --------- In the face of money, everyone ignores everything. When a person speaks the truth, they get criticized; when they speak lies, they get criticized too. Let's see if today everyone continues to criticize irene zhao or the "fake death". Yesterday everyone was saying that this imitation product was hard to sell, but now it turns out that the imitation product is selling very well.🤣 #Bitcoin #Ethereum #Solana #Crypto

New Hampshire SBR allows a Bitcoin holding limit of 5% of the state's total funds. · Allow state finances to purchase Bitcoin and top digital assets - authorizing reserves to purchase up to $500 billion in Bitcoin (limited to full stop loss only).

On May 7, the Governor of New Hampshire signed HB 302, making New Hampshire the first state in the U.S. to adopt a national "Freedom or Death" monetary policy to directly adopt the Model Law on the Strategic Bitcoin Reserve (SBR) Satoshi Action. Contents of HB 302: · Allow the State Treasury to buy bitcoin and top digital assets – allow reserves to buy bitcoins worth up to $500 billion (только точка). Holding is capped at 5% of the state's total funds, ensuring that bitcoin complements the state's broader investments. U.S. Regulatory Compliance – Assets should be held through a government-controlled multi-signature or through U.S. exchange-traded products for maximum security and transparency. Effective 60 days after commissioning – provides a clear operational framework for reserves and stacks. "Satoshi Action developed the model, New Hampshire enshrined it in law, and now every state tax inspector can follow this roadmap," said Dennis Porter, CEO and founder of Satoshi Action. "HB 302 allows them to protect the most secure money network on the planet. New Hampshire didn't just pass the bill; It sparked a movement." Satoshi Action is a non-profit policy organization dedicated to educating lawmakers and regulators on innovation in bitcoin and digital assets. With the passage of six pro-Bitcoin laws, more than 20 introductions to the Bitcoin Strategic Reserve Act, the generation of 220,000 voter letters, and 12 published academic articles (рецензируемых), Satoshi Action is a leading voice for practical bipartisan Bitcoin policies.

US #Bitcoin legislation summary. • Total Bitcoin bills: 130 • Introduced Strategic Bitcoin Reserve: 46 • 'Live' SBR across 20 States: 39