• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    SEC Outlines Crypto Rules, Bitcoin Target $200K by 2025

    SEC Outlines Crypto Rules, Bitcoin Target $200K by 2025

    Billionaire Draper Calls Bitcoin Ownership Essential

    Billionaire Draper Calls Bitcoin Ownership Essential

    U.S. Bancorp Relaunches Bitcoin Custody Services

    U.S. Bancorp Resumes Bitcoin Custody After Regulatory Rollback

    BlackRock Shifts from Ethereum to Bitcoin

    BlackRock Alters Crypto Strategy With Major Bitcoin Buy

    BlackRock Shifts $151M ETH to $290M Bitcoin Holdings

    BlackRock Shifts $151M ETH to $290M Bitcoin Holdings

    Spot Bitcoin ETF Inflow Unverified, Institutional Interest Evident

    Spot Bitcoin ETF Inflow Unverified, Institutional Interest Evident

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    DeFi Dev Corp Acquires $39.67M in Solana

    DeFi Dev Corp Acquires $39.67M in Solana

    DeFi Dev Corp Allegedly Acquires $39.67M in Solana

    DeFi Dev Corp Allegedly Acquires $39.67M in Solana

    Institutional ETH Allocation Spurs Altcoin Season Speculation

    Institutional ETH Allocation Spurs Altcoin Season Speculation

    SEC Delays 21Shares SUI ETF Amid Listings Review

    SEC Delays 21Shares SUI ETF Amid Listings Review

    Pump.fun Drives PUMP Price with $12.2M Buyback

    Pump.fun Drives PUMP Price with $12.2M Buyback

    Sui Network Institutional Investment Growth

    Sui Network Unveils Institutional Investment Surge

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Senator Lummis Introduces BITCOIN Act for U.S. Economy

Solomon M. by Solomon M.
May 3, 2025
in Bitcoin News
cynthia lummis nick begich portrait
Key Points:
  • The BITCOIN Act proposes a strategic Bitcoin reserve.
  • 1 million Bitcoins acquisition over five years.
  • Potential uplift in market and economic security.
senator-cynthia-lummis-promotes-bitcoin-act-for-u-s-bitcoin-reserve
Senator Cynthia Lummis Promotes BITCOIN Act for U.S. Bitcoin Reserve

Senator Cynthia Lummis, alongside Congressman Nick Begich, promotes the BITCOIN Act to establish a U.S. Bitcoin reserve, aligned with President Trump’s strategic vision, aiming for economic reinforcement on May 2, 2025.

The proposal could reshape U.S. financial strategies, attract large-scale investments, and address the country’s $36 trillion debt, impacting Bitcoin markets globally.

The Vision and Initiative

The BITCOIN Act, introduced by Senator Lummis, seeks to establish a U.S. Strategic Bitcoin Reserve. Co-sponsored by Congressman Nick Begich, this initiative aims to acquire 1 million Bitcoins over five years, securing economic advancement.

Impact on U.S. Economy

This legislation cements President Trump’s vision for a technological and financial powerhouse. The United States government, currently holding approximately 198,000 BTC, plans to significantly increase its reserve, positioning itself as a leader in digital assets.

Immediate market reactions anticipate a surge in Bitcoin prices due to increased demand and limited supply. This policy could influence future government strategies for cryptocurrency regulation and integration.

The proposal has broad implications for financial sovereignty and innovation. The strategic reserve could transform the U.S. into a frontrunner in the digital economy, ensuring long-term economic stability and reduced national debt.

Expert Opinions

Financial experts emphasize potential fluctuations in cryptocurrency markets as governments increasingly participate. A strategic reserve might elevate Bitcoin as a recognized economic asset, redefining regulations and investment landscapes globally.

“Today, I am proud to reintroduce landmark legislation that will codify President Trump’s bold vision to establish the United States Strategic Bitcoin Reserve and strengthening our nation’s economic foundation for generations to come. Bitcoin is not simply a technological opportunity, but a national imperative for America’s continued financial leadership in the 21st century.” — Senator Cynthia Lummis, U.S. Senator (R-WY), Chair of the Senate Banking Subcommittee on Digital Assets
Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Brown University Invests $5 Million in Bitcoin ETF

Next Post

Senator Lummis Promotes BITCOIN Act for U.S. Debt Solution

Solomon M.

Solomon M.

Related Posts

SEC Outlines Crypto Rules, Bitcoin Target $200K by 2025

SEC Outlines Crypto Rules, Bitcoin Target $200K by 2025

by Solomon M.
September 5, 2025

SEC announces new crypto regulations as Bitcoin price predicted to hit $200K by 2025.

Billionaire Draper Calls Bitcoin Ownership Essential

Billionaire Draper Calls Bitcoin Ownership Essential

by Solomon M.
September 4, 2025

Tim Draper insists it's irresponsible not to own Bitcoin amid economic uncertainty.

U.S. Bancorp Relaunches Bitcoin Custody Services

U.S. Bancorp Resumes Bitcoin Custody After Regulatory Rollback

by Joshua T.
September 4, 2025

U.S. Bancorp relaunches Bitcoin custody with NYDIG post-regulatory rollback, boosting institutional investment.

BlackRock Shifts from Ethereum to Bitcoin

BlackRock Alters Crypto Strategy With Major Bitcoin Buy

by Solomon M.
September 4, 2025

BlackRock reallocates $151M from Ethereum to $290M in Bitcoin on September 3–4, 2025.

BlackRock Shifts $151M ETH to $290M Bitcoin Holdings

BlackRock Shifts $151M ETH to $290M Bitcoin Holdings

by Solomon M.
September 4, 2025

BlackRock sells $151M Ethereum, invests $290M in Bitcoin, impacting crypto markets.

Spot Bitcoin ETF Inflow Unverified, Institutional Interest Evident

Spot Bitcoin ETF Inflow Unverified, Institutional Interest Evident

by Solomon M.
September 4, 2025

No primary evidence confirms $300M Bitcoin ETF purchase on Sept 3, institutional activity evident.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.