🚨 Breaking News: Bloomberg Intelligence's cryptocurrency market analyst, Jamie Coutts, reveals Bitcoin's role as a national reserve asset, citing El Salvador and Bhutan's strategic energy initiatives involving Bitcoin mining. Countries are effectively incorporating Bitcoin into their balance sheets. 🌐💰📊 #BitcoinReserve #CryptocurrencyAnalysis

📉 #Bitcoin exchange reserves plummet to seven-year lows!

According to CryptoQuant, only 1.92M $BTC are available for purchase on major exchanges, the lowest since 2017.

In 2021, exchange reserves were at 2.7M BTC with Bitcoin at $69k.

#BitcoinReserve #BitcoinNews #bitcoinupdate2024 #TrendingTopic

#Bitcoin reserves on exchanges are at their lowest this year.
More people are moving their $BTC to private wallets, showing they're ready to hold for longer and making the market less likely to see big sell-offs.
#BitcoinReserve #BitcoinHodlers #HODLHODL #TrendingTopic

Kamala Harris Win Odds Rise to 52%, Trump’s Crypto Vision at Risk?

Former President Trump now trails Kamala Harris, with her chances of winning the 2024 U.S. presidential election climbing to 52%, according to Polymarket. Trump’s crypto dream, including his plan for a Bitcoin reserve, could face significant challenges as Harris’s potential victory raises concerns for the future of digital assets.

Harris Leads the Race:
Trump’s odds have dropped to 47%, and if Harris wins, the regulatory climate for crypto could toughen. With the SEC already scrutinizing major players like Ripple, Binance, and Coinbase, projects like World Liberty Financial (WLFI) and Trump’s Bitcoin reserve could be in jeopardy.

The Crypto-Hostile Environment:
Harris’s administration may maintain the SEC’s hard stance on crypto, making it even more difficult for Trump’s initiatives to gain traction. WLFI’s unregistered token sales under SEC Rule 506(c) could face new challenges under stricter regulation.

What does this mean for the future of crypto under a potential Harris administration? Will Trump’s Bitcoin reserve plan survive? Stay tuned for updates.

#Trump #KamalaHarris #CryptoRegulation #BitcoinReserve #Write2Earn!
$DOGE
$HBAR
$BNB

📉 #Bitcoin exchange reserves have dropped to around 2.8 million coins, the lowest levels in years.
This decline began in early 2022 and has accelerated over the past year.
However, recent data shows a slight reversal with a small increase in reserves over the last month.

$BTC #BitcoinReserve #bitcoinnewsupdate #Binancefeed #TrendingTopic

📉 Since early February, #Bitcoin reserves on exchanges have been steadily decreasing, indicating increased withdrawals and reduced selling pressure.
This trend suggests that more #holders are opting for long-term storage over selling.
$BTC #BitcoinReserve #BitcoinHolder #TrendingTopic