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🧙‍♂️ Dogecoin whales bought more than 60 million DOGE in the last 24 hours.

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Twitter Spaces with OpenCampus 🎙️ Tune into our Twitter Spaces tomorrow as our co-founders Julian Peh & Dr. Jennifer Dodgson, along with our partners @OpenCampus_xyz, dive into 'DeAI + Education: A Trillion Dollar Market' When? July 29th at 2 PM UTC Set your reminders using the link below 👇 https://twitter.com/i/spaces/1PlKQbwRlvDGE

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Michael Saylor Calls on the US Government to Become the Major Owner of Bitcoin Michael Saylor, a prominent Bitcoin advocate, recently stated that the US government should own the majority of the world’s Bitcoin. At the Bitcoin 2024 conference, he predicted that Bitcoin’s market cap could skyrocket to $280 trillion by 2024, a more than 200-fold increase from current levels. This prediction echoes his previous assessment that Bitcoin’s market cap could exceed $100 trillion, with each coin potentially worth $5 million. To achieve such dominance, the US government would need to own 10.5 million BTC, worth approximately $711 billion. The US government currently owns 208,898 BTC seized from criminal activity, worth $14 billion. An acquisition of this magnitude would represent a major shift in the financial landscape and could potentially strengthen the US dollar and increase its role in international trade. Saylor’s vision is consistent with the views recently voiced by independent US presidential candidate Robert F. Kennedy Jr. that the US government should have a similar amount of Bitcoin to its gold reserves. The Federal Reserve currently holds 8,134 metric tons of gold, worth $615 billion. Kennedy suggests that having significant Bitcoin reserves could support the US dollar as a stable asset portfolio. Saylor also supports this view, citing the strategic and economic benefits of historical decisions such as the construction of the Port of New York. For example, the construction of the Port of New York significantly increased international trade for the US. Similarly, large #Bitcoin holdings could strengthen the dollar and solidify US global financial dominance. This potential move would be unprecedented and would indicate a forward-thinking approach to economic stability and growth in the face of the increasing importance of digital currencies. He cites similar examples of economically sound decisions.

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