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U.S. Launches Stategic Bitcoin Reserve
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Hey crypto trailblazer, đź‘‹
Big news: the U.S. government has officially launched a Strategic Bitcoin Reserve using tens of thousands of seized BTC (valued at roughly $17B). Instead of buying fresh coins with taxpayer dollars, the reserve taps into crypto confiscated from criminal cases, turning government-held Bitcoin into a long-term digital asset.
The announcement sent Bitcoin’s price on a brief 5% dip before rebounding, as investors quickly refocused on the long-term play. Officials hinted at “budget-neutral” strategies to possibly expand the reserve down the road, signaling that Bitcoin is stepping firmly into the realm of national assets.
Unfortunately, the markets remain in a slump but once we have some alpha, we’ll be sure to report it. Stay tuned for our detailed market update coming next week.
Epic Crypto News Team
DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research.
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