3 brief notes from the morning:
🇧🇷 Brazil could also have its own strategic Bitcoin reserve: Deputy Eros Biondini presented a bill for the country to allocate 5% of its international reserves to the gradual purchase of BTC.
📉 “Michael Saylor cannot afford a Bitcoin bear market”: In the words of analyst James Foord, with an average purchase price above USD 50,000, the company must manage the risks that a bear market would entail.
📈 🇺🇸 The rise of bitcoin could be the “salvation” of the U.S.: Since one of the main backings of USDT is treasury bonds, the rise of bitcoin and the consequent issuance of USDT could help the government.
