Bernstein: The U.S. will become a “Bitcoin mining superpower”
Odaily2024/07/29 13:48
By:Odaily
Odaily News Bernstein analysts Gautam Chhugani, Mahika Sapra and Sanskar Chindalia noted in a memo to clients on Monday: - The United States will lead the world in
Bitcoin and
cryptocurrency. - The United States will become a bitcoin mining superpower and is expected to increase the industrys power generation capacity. - Securities and Exchange Commission Chairman Gary Gensler, a frequent critic of the industry, will be fired on his first day and replaced by a crypto-friendly SEC chairman. - The United States will not create a central bank digital currency (CBDC), ensuring clear self-custody and non-censorship of crypto transactions. - The United States will launch a stablecoin framework to promote the digital dollar as a global standard and enable cross-border payments. - The United States will not sell its seized assets of approximately 213,246 bitcoins (equivalent to nearly $15 billion), but will use them as the basis for the countrys National Strategic Bitcoin Reserve for bitcoin holdings and acquisitions. (TheBlock)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Announcement•2025/11/28 09:06
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Bitget Announcement•2025/11/27 08:19
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Announcement•2025/11/27 04:40
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Bitget Announcement•2025/11/27 03:00
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$90,940.6
-0.62%
Ethereum
ETH
$3,002.33
-1.06%
Tether USDt
USDT
$1
+0.00%
XRP
XRP
$2.21
+0.20%
BNB
BNB
$880.58
-1.03%
Solana
SOL
$137.43
-1.43%
USDC
USDC
$0.9998
-0.01%
TRON
TRX
$0.2818
+0.51%
Dogecoin
DOGE
$0.1490
-1.66%
Cardano
ADA
$0.4189
-1.65%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now