Bernstein: The U.S. will become a “Bitcoin mining superpower”
Odaily2024/07/29 13:48
By:Odaily
Odaily News Bernstein analysts Gautam Chhugani, Mahika Sapra and Sanskar Chindalia noted in a memo to clients on Monday: - The United States will lead the world in
Bitcoin and
cryptocurrency. - The United States will become a bitcoin mining superpower and is expected to increase the industrys power generation capacity. - Securities and Exchange Commission Chairman Gary Gensler, a frequent critic of the industry, will be fired on his first day and replaced by a crypto-friendly SEC chairman. - The United States will not create a central bank digital currency (CBDC), ensuring clear self-custody and non-censorship of crypto transactions. - The United States will launch a stablecoin framework to promote the digital dollar as a global standard and enable cross-border payments. - The United States will not sell its seized assets of approximately 213,246 bitcoins (equivalent to nearly $15 billion), but will use them as the basis for the countrys National Strategic Bitcoin Reserve for bitcoin holdings and acquisitions. (TheBlock)
0
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Vitalik Buterin Proposes Simplification of Ethereum Protocol
Bitcoininfonews•2025/05/03 21:55

Toncoin Surpasses Shiba Inu in Market Value
Bitcoininfonews•2025/05/03 21:55

Altcoin ETF Approval Odds Highlight Key Players and Candidates
Bitcoininfonews•2025/05/03 21:55

Cardano Whales Accumulate 410 Million ADA in April 2025
Bitcoininfonews•2025/05/03 21:55

Trending news
MoreCrypto prices
More
Bitcoin
BTC
$96,303.8
-0.41%

Ethereum
ETH
$1,839.82
+0.14%

Tether USDt
USDT
$1
-0.00%

XRP
XRP
$2.19
-0.48%

BNB
BNB
$599.29
-0.03%

Solana
SOL
$147.57
+0.07%

USDC
USDC
$1.0000
+0.00%

Dogecoin
DOGE
$0.1766
-2.49%

Cardano
ADA
$0.7044
+1.56%

TRON
TRX
$0.2454
-0.84%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now