Yesterday, there were many significant positive news in the crypto market.

First of all, Trump issued an executive order on cryptocurrencies, proposing a federal regulatory framework, and will assess the establishment of a national strategic Bitcoin reserve.

In simple terms, it is about researching how to establish and maintain a national-level Bitcoin reserve.

He even plans to keep all the Bitcoins previously confiscated by the government through law enforcement actions without selling any.

At the time, Trump suggested at the 2024 Bitcoin Consensus Conference that the U.S. government should not sell any confiscated Bitcoins but use them as strategic reserves.

Binance founder CZ also tweeted that the U.S. strategic Bitcoin reserve has basically been confirmed. He said the crypto industry is developing rapidly at its own unique pace.

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U.S. Senator Cynthia Lummis also stated that this year will be the year of Bitcoin and crypto assets.

It seems that this year Bitcoin has a high probability of becoming a reserve asset for the United States.

Trump is serious about the crypto industry; he is gradually fulfilling his commitments made at the Bitcoin Consensus Conference.

Once the Bitcoin Strategic Reserve Bill is truly implemented, Bitcoin's international status will certainly be further enhanced, and a large amount of new funds will flow into the crypto market.

However, it is important to note that Trump used the term 'strategic national digital asset reserve' in the executive order, rather than just 'national Bitcoin reserve.'

This means that in the future, if the U.S. truly pushes for digital assets to enter national reserves, Bitcoin is just one part of it, and other crypto assets may also be included.

The U.S. government currently holds over 1 million dollars worth of various cryptocurrencies, with BTC, ETH, and BNB being the top three, all of which have the potential to become America's crypto reserve assets.

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It is worth noting that Trump also mentioned at the Davos Forum that he would ask the Federal Reserve to immediately cut interest rates.

Because he feels that the interest rate hikes during the Biden administration have messed up the U.S. economy, he also calls on other countries to follow suit and cut interest rates.

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This is a double benefit for cryptocurrencies; if the Federal Reserve continues to inject liquidity this year, Bitcoin could potentially break through 200,000 dollars.

Additionally, the U.S. SEC has officially withdrawn the SAB121 bill, which is also a long-term benefit.

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I mentioned in a previous livestream that this is a highly valuable bill, but it has been shelved by the Biden administration, resulting in numerous restrictions for banks on custodian services for Bitcoin.

Once the bill is revoked, banks will be able to hold and custody cryptocurrencies more conveniently, thus creating a financial bridge between the traditional banking system and the crypto industry.

There may also be a launch of collateral lending services based on centralized banks, promoting the development of 'note-type DeFi'.

At that time, there may be new play styles like BTCFi and ETHFi, especially BTCFi, which can change the way Bitcoin layer two networks and staking work, with higher security.

In addition, Trump also signed orders related to artificial intelligence.

He stated that he wants to make America the capital of AI and cryptocurrencies, and will further relax regulations on AI and cryptocurrencies.

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This is undoubtedly a long-term benefit for both the artificial intelligence and blockchain industries.

I have previously mentioned that AI + blockchain is the investment direction we need to focus on in the next five years.

Overall, Trump is gradually fulfilling his promises made at the 2024 Bitcoin Consensus Conference.

As the Bitcoin Strategic Reserve Bill is put on the agenda, along with Trump's statement that he will ask the Federal Reserve to cut interest rates, this is a significant benefit for the crypto industry.

Once the U.S. Strategic Reserve Bill is officially implemented, many countries will follow suit.

If in the future, sovereign funds from various countries follow suit and buy Bitcoin, reaching 1 million dollars for Bitcoin will just be a matter of time.

For ordinary people, just holding 0.1 Bitcoin can reach A7, holding 1 Bitcoin can have a chance to achieve A8, while big holders can reach A9 by holding 10 Bitcoins.

We should cherish the opportunity to pick up low-priced chips right now.