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[烟花][烟花][烟花]Congratulations: Global encryption industry authority organization established.
The Global Digital Asset and Cryptocurrency Association (Global DCA), a leading trade association in the digital asset and cryptocurrency industry, has partnered with the Global Blockchain Business Council, Digital Chamber of Commerce, and Proof of Stake Alliance to organize a steering committee aimed at proposing disclosure guidelines for digital asset tokens offered in the United States.
1: According to CryptoSlate, former US President Trump is expected to make a milestone statement at the upcoming BTC 2024 conference in Nashville. Insiders revealed that Trump may plan to designate BTC (BTC) as a strategic reserve asset for the United States.
As a participant of the conference, co-founder Dennis Porter of the Satoshi Action Fund posted on social media that the most likely direction for BTC to become a strategic reserve asset for the United States is to become a forex stabilization fund of the US Treasury Department (ESF)
2: Mark Cuban: Inflation remains the fundamental reason for BTC pump, BTC will become a global safe haven for funds
Billionaire and well-known investor Mark Cuban stated on social media that Trump's support for Cryptocurrency is a Favourable Information, but it does not really affect the price of Cryptocurrency. What is driving the BTC price is the lower tax rates and tariffs, and if history is any guide, the fundamental reason is still Inflation. Coupled with the global uncertainty of the geopolitical role of the United States, and the impact on the US dollar as a reserve currency. As for the question of rising to a long level, Mark Cuban said that the price of BTC will rise much higher than imagined. Because the BTC market is global, the final limit of the supply is 21 million coins, which can be infinitely fragmented. With the intensification of geopolitical uncertainty, the decrease in the scale of the US dollar as a reserve currency, BTC will become a global safe haven, which means that BTC may be something that all countries and all of us hope to buy as a means of protecting our savings. This is not crazy for a country already facing vicious Inflation. If things really go further than imagined, then BTC will become a global currency.
According to him, if BTC reaches $100,000, it will trigger a bull market, taking Cryptocurrency to unprecedented heights. Meanwhile, MicroStrategy, the company with the longest BTC position, is also optimistic. 'BTC to the moon' is the latest comment from Michael Saylor, its co-founder and CEO, supporting Mow's positive outlook and giving institutional investors even more reason to be hopeful. Experts at Bernstein have raised their estimates for BTC price. They now believe it could reach $200,000 by 2025 and even $1 million by 2033.