Scan to download
BTC $75,948.81 -0.24%
ETH $2,339.44 -0.73%
BNB $625.41 -1.31%
XRP $1.44 +0.12%
SOL $86.32 -0.51%
TRX $0.3308 +0.72%
DOGE $0.0953 -0.68%
ADA $0.2492 -0.77%
BCH $441.75 -1.03%
LINK $9.31 -0.70%
HYPE $43.64 -1.07%
AAVE $92.88 -16.51%
SUI $0.9618 -0.50%
XLM $0.1711 +0.41%
ZEC $333.92 +3.04%
BTC $75,948.81 -0.24%
ETH $2,339.44 -0.73%
BNB $625.41 -1.31%
XRP $1.44 +0.12%
SOL $86.32 -0.51%
TRX $0.3308 +0.72%
DOGE $0.0953 -0.68%
ADA $0.2492 -0.77%
BCH $441.75 -1.03%
LINK $9.31 -0.70%
HYPE $43.64 -1.07%
AAVE $92.88 -16.51%
SUI $0.9618 -0.50%
XLM $0.1711 +0.41%
ZEC $333.92 +3.04%

Market news: The "2024 Bitcoin Act" proposes that the U.S. government establish a strategic Bitcoin reserve

2024-12-09 22:37:38
Collection

ChainCatcher news, according to market news, the "2024 Bitcoin Act" proposes that the U.S. government establish a strategic Bitcoin reserve, with part of the funding coming from the Federal Reserve's profit remittances.

However, the Federal Reserve is currently losing over $1 billion per week, with total losses reaching $212 billion, and it cannot restore remittances until these losses are covered. Therefore, the initial funding for the bill may rely on the revaluation and remonetization of the U.S. Treasury's gold reserves.

app_icon
ChainCatcher Building the Web3 world with innovations.