Bitwise CIO: The US crypto strategic reserve is the first shot in the global BTC arms race
Bitwise Chief Investment Officer Matt Hougan stated in his investment memo: "Trump is like a game changer, the establishment of the U.S. crypto strategic reserve will be seen as the first shot in the global Bitcoin arms race and will trigger a domino effect. Honduras, Mexico or Guatemala, look at El Salvador, now it's America's turn to acquire Bitcoin. Will countries like Dubai, Qatar or Saudi Arabia envy America's leading position? Countries may regard Bitcoin as an important currency asset." (dlnews)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A trader lost approximately $17,400 by rushing to buy DOYR tokens.
ETH/BTC ratio breaks through 0.035, up 3.79% in 24 hours
SpaceX transfers 1,021 bitcoin to a new wallet, worth approximately $94.48 million
Nasdaq 100 index futures fall 0.3%